SVEIN ERIK FJELLGAARD AS

8764 LOVUND

Finances

Return on Equity

−1,1 %

Current Ratio

0,29

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020
Revenue	55 000	0	12 000
Net Income	−16 000	−116 000	−14 000
Total Assets	2 376 000	2 354 000	1 669 000
Total Equity	1 461 000	1 478 000	1 594 000

Income (NOK)	2022	2021	2020
Revenue	55 000	0	12 000
Expenditure	203 000	101 000	26 000
Operating Profit	−148 000	−101 000	−14 000
Financial Income	170 000	0	0
Financial Costs	39 000	15 000	0
Financial Balance	131 000	−15 000	0
Earnings Before Tax	−16 000	−116 000	−14 000
Tax	0	0	0
Net Income	−16 000	−116 000	−14 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 245 000	2 313 000	1 651 000
Total Current Assets	131 000	41 000	18 000
Total Assets	2 376 000	2 354 000	1 669 000
Total Retained Equity	0	−130 000	−14 000
Total Equity	1 461 000	1 478 000	1 594 000
Total Long-Term Debt	466 000	534 000	0
Total Current Debt	449 000	342 000	75 000
Total Equity and Debt	2 376 000	2 354 000	1 669 000

Cash flow (NOK)	2022	2021	2020
Sales Income	55 000	0	12 000
Other Income	0	0	0
Revenue	55 000	0	12 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	68 000	16 000	0
Impairment	0	0	0
Expenditure	203 000	101 000	26 000
Operating Profit	−148 000	−101 000	−14 000
Financial Income	170 000	0	0
Financial Costs	39 000	15 000	0
Financial Balance	131 000	−15 000	0
Dividends	0	0	0
Net Income	−16 000	−116 000	−14 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	594 000	662 000	0
Total Fiancial Fixed Assets	1 651 000	1 651 000	1 651 000
Total Fixed Assets	2 245 000	2 313 000	1 651 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	44 000	20 000	5 000
Total Current Assets	131 000	41 000	18 000
Total Assets	2 376 000	2 354 000	1 669 000
Total Equity	1 461 000	1 478 000	1 594 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	466 000	534 000	0
Creditors	6 000	19 000	1 000
Unpaid Taxes	10 000	0	0
Dividends	0	0	0
Other Current Debt	433 000	323 000	74 000
Total Current Debt	449 000	342 000	75 000
Total Equity and Debt	2 376 000	2 354 000	1 669 000

Financial indicators	2022	2021	2020
Return on Equity	−1,1 %	−7,85 %	−0,88 %
Debt-to-Equity Ratio	0,32	0,36	0
Operating Profit Margin	−269,09 %	-	−116,67 %
Current Ratio	0,29	0,12	0,24
Quick Ratio	0,29	0,12	0,24
Equity Ratio	0,61	0,63	0,96
Gross Profit Margin	100 %	-	100 %