FJORDEN ELECTRA AS

1456 NESODDTANGEN

Finances

Share Ownership

Return on Equity

−97,03 %

Current Ratio

0,66

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020
Revenue	2 669 000	375 000	0
Net Income	−6 267 000	−2 696 000	−16 000
Total Assets	18 922 000	11 711 000	1 104 000
Total Equity	6 459 000	5 755 000	78 000

Income (NOK)	2022	2021	2020
Revenue	2 669 000	375 000	0
Expenditure	9 226 000	3 650 000	20 000
Operating Profit	−6 558 000	−3 275 000	−20 000
Financial Income	709 000	15 000	1 000
Financial Costs	418 000	75 000	4 000
Financial Balance	291 000	−60 000	−3 000
Earnings Before Tax	−6 267 000	−3 334 000	−22 000
Tax	0	−638 000	−6 000
Net Income	−6 267 000	−2 696 000	−16 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	11 667 000	9 427 000	418 000
Total Current Assets	7 255 000	2 284 000	686 000
Total Assets	18 922 000	11 711 000	1 104 000
Total Retained Equity	−9 629 000	−2 718 000	−22 000
Total Equity	6 459 000	5 755 000	78 000
Total Long-Term Debt	1 500 000	1 500 000	845 000
Total Current Debt	10 963 000	4 456 000	180 000
Total Equity and Debt	18 922 000	11 711 000	1 104 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 669 000	0	0
Other Income	0	375 000	0
Revenue	2 669 000	375 000	0
Cost of Goods Sold	3 587 000	122 000	0
Salary Costs	0	13 000	0
Depreciation	1 178 000	0	0
Impairment	0	0	0
Expenditure	9 226 000	3 650 000	20 000
Operating Profit	−6 558 000	−3 275 000	−20 000
Financial Income	709 000	15 000	1 000
Financial Costs	418 000	75 000	4 000
Financial Balance	291 000	−60 000	−3 000
Dividends	0	0	0
Net Income	−6 267 000	−2 696 000	−16 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	11 556 000	6 427 000	418 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	102 000	0	0
Total Tangible Assets	102 000	0	0
Total Fiancial Fixed Assets	8 000	3 000 000	0
Total Fixed Assets	11 667 000	9 427 000	418 000
Stock	3 595 000	0	0
Total Investments	0	0	0
Cash, Bank	1 050 000	1 550 000	584 000
Total Current Assets	7 255 000	2 284 000	686 000
Total Assets	18 922 000	11 711 000	1 104 000
Total Equity	6 459 000	5 755 000	78 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 500 000	1 500 000	845 000
Creditors	573 000	115 000	180 000
Unpaid Taxes	−9 000	−222 000	0
Dividends	0	0	0
Other Current Debt	10 399 000	4 563 000	0
Total Current Debt	10 963 000	4 456 000	180 000
Total Equity and Debt	18 922 000	11 711 000	1 104 000

Financial indicators	2022	2021	2020
Return on Equity	−97,03 %	−46,85 %	−20,51 %
Debt-to-Equity Ratio	0,23	0,26	10,83
Operating Profit Margin	−245,71 %	−873,33 %	-
Current Ratio	0,66	0,51	3,81
Quick Ratio	0,98	0,51	3,81
Equity Ratio	0,34	0,49	0,07
Gross Profit Margin	−34,39 %	67,47 %	-