VALUE INVEST AS

4870 FEVIK

Finances

Return on Equity

−2,52 %

Current Ratio

5,55

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	180 000	278 000	465 000
Net Income	−187 000	−390 000	−388 000	−315 000
Total Assets	8 434 000	9 132 000	10 002 000	11 200 000
Total Equity	7 432 000	7 619 000	8 309 000	8 847 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	180 000	278 000	465 000
Expenditure	313 000	804 000	982 000	1 076 000
Operating Profit	−312 000	−624 000	−704 000	−611 000
Financial Income	73 000	124 000	166 000	248 000
Financial Costs	0	0	0	50 000
Financial Balance	73 000	124 000	166 000	198 000
Earnings Before Tax	−240 000	−500 000	−538 000	−413 000
Tax	−53 000	−110 000	−150 000	−97 000
Net Income	−187 000	−390 000	−388 000	−315 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 351 000	8 134 000	9 360 000	10 567 000
Total Current Assets	1 083 000	998 000	642 000	633 000
Total Assets	8 434 000	9 132 000	10 002 000	11 200 000
Total Retained Equity	7 332 000	7 519 000	8 209 000	8 747 000
Total Equity	7 432 000	7 619 000	8 309 000	8 847 000
Total Long-Term Debt	807 000	1 277 000	1 222 000	1 528 000
Total Current Debt	195 000	236 000	472 000	825 000
Total Equity and Debt	8 434 000	9 132 000	10 002 000	11 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	180 000	278 000	465 000
Other Income	0	0	0	0
Revenue	0	180 000	278 000	465 000
Cost of Goods Sold	0	0	0	0
Salary Costs	230 000	505 000	679 000	807 000
Depreciation	0	0	4 000	4 000
Impairment	0	0	0	0
Expenditure	313 000	804 000	982 000	1 076 000
Operating Profit	−312 000	−624 000	−704 000	−611 000
Financial Income	73 000	124 000	166 000	248 000
Financial Costs	0	0	0	50 000
Financial Balance	73 000	124 000	166 000	198 000
Dividends	0	0	150 000	350 000
Net Income	−187 000	−390 000	−388 000	−315 000

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	4 000
Total Tangible Assets	0	0	0	4 000
Total Fiancial Fixed Assets	7 351 000	8 134 000	9 360 000	10 563 000
Total Fixed Assets	7 351 000	8 134 000	9 360 000	10 567 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	43 000	354 000	130 000	230 000
Total Current Assets	1 083 000	998 000	642 000	633 000
Total Assets	8 434 000	9 132 000	10 002 000	11 200 000
Total Equity	7 432 000	7 619 000	8 309 000	8 847 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	807 000	1 277 000	1 222 000	1 528 000
Creditors	4 000	−7 000	5 000	5 000
Unpaid Taxes	20 000	32 000	74 000	85 000
Dividends	0	0	150 000	350 000
Other Current Debt	28 000	77 000	87 000	100 000
Total Current Debt	195 000	236 000	472 000	825 000
Total Equity and Debt	8 434 000	9 132 000	10 002 000	11 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,52 %	−5,12 %	−4,67 %	−3,56 %
Debt-to-Equity Ratio	0,11	0,17	0,15	0,17
Operating Profit Margin	-	−346,67 %	−253,24 %	−131,4 %
Current Ratio	5,55	4,23	1,36	0,77
Quick Ratio	5,55	4,23	1,36	0,77
Equity Ratio	0,88	0,83	0,83	0,79
Gross Profit Margin	-	100 %	100 %	100 %