T FJELLAND & CO AS

4016 STAVANGER

Finances

Return on Equity

−34,72 %

Current Ratio

Debt-to-Equity Ratio

40,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 379 000	24 355 000	2 949 000	63 964 000
Net Income	−159 000	20 455 000	−497 000	−20 182 000
Total Assets	25 871 000	37 766 000	40 415 000	77 874 000
Total Equity	458 000	5 463 000	−6 287 000	4 340 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 379 000	24 355 000	2 949 000	63 964 000
Expenditure	3 416 000	1 913 000	4 318 000	80 494 000
Operating Profit	−2 036 000	22 443 000	−1 370 000	−16 530 000
Financial Income	588 000	1 846 000	2 583 000	390 000
Financial Costs	110 000	0	2 351 000	3 176 000
Financial Balance	478 000	1 846 000	232 000	−2 786 000
Earnings Before Tax	−1 558 000	24 289 000	−1 138 000	−19 317 000
Tax	−1 398 000	3 834 000	−641 000	865 000
Net Income	−159 000	20 455 000	−497 000	−20 182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 959 000	22 263 000	38 022 000	26 097 000
Total Current Assets	6 911 000	15 503 000	2 394 000	51 777 000
Total Assets	25 871 000	37 766 000	40 415 000	77 874 000
Total Retained Equity	8 000	5 013 000	−34 637 000	−24 010 000
Total Equity	458 000	5 463 000	−6 287 000	4 340 000
Total Long-Term Debt	18 520 000	20 900 000	28 215 000	35 549 000
Total Current Debt	6 893 000	11 404 000	18 487 000	37 985 000
Total Equity and Debt	25 871 000	37 766 000	40 415 000	77 874 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	379 000	134 000	1 421 000	62 947 000
Other Income	1 000 000	24 222 000	1 528 000	1 017 000
Revenue	1 379 000	24 355 000	2 949 000	63 964 000
Cost of Goods Sold	33 000	16 000	40 000	38 147 000
Salary Costs	582 000	1 517 000	2 839 000	17 880 000
Depreciation	8 000	0	761 000	2 105 000
Impairment	0	0	0	0
Expenditure	3 416 000	1 913 000	4 318 000	80 494 000
Operating Profit	−2 036 000	22 443 000	−1 370 000	−16 530 000
Financial Income	588 000	1 846 000	2 583 000	390 000
Financial Costs	110 000	0	2 351 000	3 176 000
Financial Balance	478 000	1 846 000	232 000	−2 786 000
Dividends	0	0	0	0
Net Income	−159 000	20 455 000	−497 000	−20 182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	8 500 000	24 642 000
Machinery and Plant Facilities	0	0	15 419 000	0
Fixtures	83 000	0	0	299 000
Total Tangible Assets	83 000	0	23 919 000	24 941 000
Total Fiancial Fixed Assets	18 877 000	22 263 000	14 103 000	1 155 000
Total Fixed Assets	18 959 000	22 263 000	38 022 000	26 097 000
Stock	0	0	0	35 369 000
Total Investments	4 963 000	0	0	0
Cash, Bank	999 000	13 170 000	484 000	723 000
Total Current Assets	6 911 000	15 503 000	2 394 000	51 777 000
Total Assets	25 871 000	37 766 000	40 415 000	77 874 000
Total Equity	458 000	5 463 000	−6 287 000	4 340 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 520 000	20 900 000	28 215 000	35 549 000
Creditors	466 000	391 000	657 000	19 144 000
Unpaid Taxes	88 000	437 000	434 000	2 768 000
Dividends	0	0	0	0
Other Current Debt	6 196 000	10 576 000	1 545 000	2 300 000
Total Current Debt	6 893 000	11 404 000	18 487 000	37 985 000
Total Equity and Debt	25 871 000	37 766 000	40 415 000	77 874 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,72 %	374,43 %	7,91 %	−465,02 %
Debt-to-Equity Ratio	40,44	3,83	−4,49	8,19
Operating Profit Margin	−147,64 %	92,15 %	−46,46 %	−25,84 %
Current Ratio	1	1,36	0,13	1,36
Quick Ratio	1	1,36	0,13	19,79
Equity Ratio	0,02	0,14	−0,16	0,06
Gross Profit Margin	97,61 %	99,93 %	98,64 %	40,36 %