FINCK AS

1900 FETSUND

Finances

Return on Equity

−4,03 %

Current Ratio

−1 300,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	160 000	255 000
Net Income	−514 000	740 000	893 000	793 000
Total Assets	12 750 000	13 293 000	12 557 000	11 691 000
Total Equity	12 756 000	13 270 000	12 530 000	11 637 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	160 000	255 000
Expenditure	279 000	394 000	246 000	357 000
Operating Profit	−160 000	−274 000	−87 000	−102 000
Financial Income	505 000	974 000	977 000	891 000
Financial Costs	864 000	10 000	0	0
Financial Balance	−359 000	964 000	977 000	891 000
Earnings Before Tax	−518 000	691 000	890 000	789 000
Tax	−4 000	−49 000	−3 000	−4 000
Net Income	−514 000	740 000	893 000	793 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 950 000	12 843 000	12 233 000	11 303 000
Total Current Assets	7 801 000	450 000	323 000	387 000
Total Assets	12 750 000	13 293 000	12 557 000	11 691 000
Total Retained Equity	12 636 000	13 150 000	12 410 000	11 517 000
Total Equity	12 756 000	13 270 000	12 530 000	11 637 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	−6 000	23 000	27 000	53 000
Total Equity and Debt	12 750 000	13 293 000	12 557 000	11 691 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	120 000	120 000	160 000	255 000
Revenue	120 000	120 000	160 000	255 000
Cost of Goods Sold	0	0	0	0
Salary Costs	116 000	227 000	233 000	288 000
Depreciation	127 000	103 000	0	13 000
Impairment	0	0	0	0
Expenditure	279 000	394 000	246 000	357 000
Operating Profit	−160 000	−274 000	−87 000	−102 000
Financial Income	505 000	974 000	977 000	891 000
Financial Costs	864 000	10 000	0	0
Financial Balance	−359 000	964 000	977 000	891 000
Dividends	0	0	0	0
Net Income	−514 000	740 000	893 000	793 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	191 000	187 000	138 000	135 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	452 000	551 000	60 000	41 000
Total Tangible Assets	452 000	551 000	60 000	41 000
Total Fiancial Fixed Assets	4 307 000	12 105 000	12 036 000	11 127 000
Total Fixed Assets	4 950 000	12 843 000	12 233 000	11 303 000
Stock	0	0	0	0
Total Investments	7 249 000	0	0	0
Cash, Bank	77 000	75 000	74 000	213 000
Total Current Assets	7 801 000	450 000	323 000	387 000
Total Assets	12 750 000	13 293 000	12 557 000	11 691 000
Total Equity	12 756 000	13 270 000	12 530 000	11 637 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−12 000	−12 000	−2 000	−2 000
Unpaid Taxes	22 000	36 000	42 000	61 000
Dividends	0	0	0	0
Other Current Debt	−16 000	−1 000	−13 000	−6 000
Total Current Debt	−6 000	23 000	27 000	53 000
Total Equity and Debt	12 750 000	13 293 000	12 557 000	11 691 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,03 %	5,58 %	7,13 %	6,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−133,33 %	−228,33 %	−54,38 %	−40 %
Current Ratio	−1 300,17	19,57	11,96	7,3
Quick Ratio	−1 300,17	19,57	11,96	7,3
Equity Ratio	1	1	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %