FINSE 1222 AS

5719 FINSE

Finances

Return on Equity

860,32 %

Current Ratio

0,56

Debt-to-Equity Ratio

−50,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 845 000	15 358 000	7 368 000	26 615 000
Net Income	−5 833 000	−12 161 000	−21 206 000	1 492 000
Total Assets	39 423 000	44 725 000	15 826 000	9 961 000
Total Equity	−678 000	−29 031 000	−16 870 000	4 336 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 845 000	15 358 000	7 368 000	26 615 000
Expenditure	34 037 000	26 255 000	28 405 000	24 477 000
Operating Profit	−4 193 000	−10 899 000	−21 038 000	2 137 000
Financial Income	101 000	26 000	23 000	21 000
Financial Costs	1 742 000	1 289 000	191 000	242 000
Financial Balance	−1 641 000	−1 263 000	−168 000	−221 000
Earnings Before Tax	−5 833 000	−12 161 000	−21 206 000	1 916 000
Tax	0	0	0	424 000
Net Income	−5 833 000	−12 161 000	−21 206 000	1 492 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 277 000	36 819 000	11 915 000	7 228 000
Total Current Assets	3 146 000	7 906 000	3 911 000	2 732 000
Total Assets	39 423 000	44 725 000	15 826 000	9 961 000
Total Retained Equity	−35 110 000	−29 406 000	−17 245 000	3 961 000
Total Equity	−678 000	−29 031 000	−16 870 000	4 336 000
Total Long-Term Debt	34 469 000	67 179 000	26 070 000	2 722 000
Total Current Debt	5 631 000	6 577 000	6 626 000	2 903 000
Total Equity and Debt	39 423 000	44 725 000	15 826 000	9 961 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 533 000	14 188 000	5 608 000	24 794 000
Other Income	1 312 000	1 170 000	1 760 000	1 821 000
Revenue	29 845 000	15 358 000	7 368 000	26 615 000
Cost of Goods Sold	5 875 000	3 239 000	1 989 000	5 857 000
Salary Costs	14 189 000	10 533 000	6 650 000	11 090 000
Depreciation	2 794 000	1 937 000	898 000	1 160 000
Impairment	0	0	0	0
Expenditure	34 037 000	26 255 000	28 405 000	24 477 000
Operating Profit	−4 193 000	−10 899 000	−21 038 000	2 137 000
Financial Income	101 000	26 000	23 000	21 000
Financial Costs	1 742 000	1 289 000	191 000	242 000
Financial Balance	−1 641 000	−1 263 000	−168 000	−221 000
Dividends	0	0	0	0
Net Income	−5 833 000	−12 161 000	−21 206 000	1 492 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 310 000	984 000	998 000	1 037 000
Real Eastate	32 139 000	31 988 000	8 260 000	4 277 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 828 000	2 927 000	1 624 000	1 915 000
Total Tangible Assets	34 967 000	34 914 000	9 884 000	6 192 000
Total Fiancial Fixed Assets	0	921 000	1 034 000	0
Total Fixed Assets	36 277 000	36 819 000	11 915 000	7 228 000
Stock	890 000	506 000	349 000	522 000
Total Investments	0	0	0	0
Cash, Bank	1 468 000	5 716 000	1 604 000	1 332 000
Total Current Assets	3 146 000	7 906 000	3 911 000	2 732 000
Total Assets	39 423 000	44 725 000	15 826 000	9 961 000
Total Equity	−678 000	−29 031 000	−16 870 000	4 336 000
Short-Term Group Debt	0	167 000	0	466 000
Total Long-Term Debt	34 469 000	67 179 000	26 070 000	2 722 000
Creditors	2 799 000	4 165 000	5 592 000	570 000
Unpaid Taxes	633 000	396 000	258 000	365 000
Dividends	0	0	0	0
Other Current Debt	2 200 000	1 850 000	776 000	1 502 000
Total Current Debt	5 631 000	6 577 000	6 626 000	2 903 000
Total Equity and Debt	39 423 000	44 725 000	15 826 000	9 961 000

Financial indicators	2022	2021	2020	2019
Return on Equity	860,32 %	41,89 %	125,7 %	34,41 %
Debt-to-Equity Ratio	−50,84	−2,31	−1,55	0,63
Operating Profit Margin	−14,05 %	−70,97 %	−285,53 %	8,03 %
Current Ratio	0,56	1,2	0,59	0,94
Quick Ratio	0,66	1,3	0,62	1,15
Equity Ratio	−0,02	−0,65	−1,07	0,44
Gross Profit Margin	80,31 %	78,91 %	73 %	77,99 %