FEARNLEY ASSET MANAGEMENT AS

0191 OSLO

Finances

Return on Equity

−14,11 %

Current Ratio

79,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 622 000	−2 687 000	−1 928 000	51 000
Total Assets	11 645 000	11 864 000	11 928 000	1 499 000
Total Equity	11 499 000	11 499 000	11 499 000	1 499 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	2 221 000	3 482 000	2 495 000	8 000
Operating Profit	−2 220 000	−3 482 000	−2 495 000	−8 000
Financial Income	140 000	37 000	23 000	73 000
Financial Costs	0	0	0	0
Financial Balance	140 000	37 000	23 000	73 000
Earnings Before Tax	−2 080 000	−3 445 000	−2 472 000	66 000
Tax	−458 000	−758 000	−544 000	14 000
Net Income	−1 622 000	−2 687 000	−1 928 000	51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 000	0	0	0
Total Current Assets	11 590 000	11 864 000	11 928 000	1 499 000
Total Assets	11 645 000	11 864 000	11 928 000	1 499 000
Total Retained Equity	0	0	1 399 000	258 000
Total Equity	11 499 000	11 499 000	11 499 000	1 499 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	145 000	365 000	428 000	0
Total Equity and Debt	11 645 000	11 864 000	11 928 000	1 499 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 669 000	2 670 000	992 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 221 000	3 482 000	2 495 000	8 000
Operating Profit	−2 220 000	−3 482 000	−2 495 000	−8 000
Financial Income	140 000	37 000	23 000	73 000
Financial Costs	0	0	0	0
Financial Balance	140 000	37 000	23 000	73 000
Dividends	0	0	0	0
Net Income	−1 622 000	−2 687 000	−1 928 000	51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	55 000	0	0	0
Total Fixed Assets	55 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 499 000	8 361 000	9 456 000	1 528 000
Total Current Assets	11 590 000	11 864 000	11 928 000	1 499 000
Total Assets	11 645 000	11 864 000	11 928 000	1 499 000
Total Equity	11 499 000	11 499 000	11 499 000	1 499 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	17 000	130 000	194 000	0
Dividends	0	0	0	0
Other Current Debt	128 000	235 000	234 000	0
Total Current Debt	145 000	365 000	428 000	0
Total Equity and Debt	11 645 000	11 864 000	11 928 000	1 499 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,11 %	−23,37 %	−16,77 %	3,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	79,93	32,5	27,87	-
Quick Ratio	79,93	32,5	27,87	-
Equity Ratio	0,99	0,97	0,96	1
Gross Profit Margin	-	-	-	-