FINANCIAL EQUITY ADVISORS AS

1363 HØVIK

Finances

Return on Equity

1,32 %

Current Ratio

10,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 000	67 000	80 000	75 000
Net Income	8 000	10 000	23 000	9 000
Total Assets	641 000	606 000	591 000	589 000
Total Equity	605 000	597 000	587 000	564 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 000	67 000	80 000	75 000
Expenditure	55 000	58 000	58 000	66 000
Operating Profit	8 000	10 000	23 000	9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	8 000	10 000	23 000	9 000
Tax	0	0	0	0
Net Income	8 000	10 000	23 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	270 000	270 000	270 000	270 000
Total Current Assets	371 000	336 000	321 000	319 000
Total Assets	641 000	606 000	591 000	589 000
Total Retained Equity	505 000	497 000	487 000	464 000
Total Equity	605 000	597 000	587 000	564 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	36 000	9 000	4 000	25 000
Total Equity and Debt	641 000	606 000	591 000	589 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 000	67 000	80 000	75 000
Other Income	0	0	0	0
Revenue	63 000	67 000	80 000	75 000
Cost of Goods Sold	0	0	0	3 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	55 000	58 000	58 000	66 000
Operating Profit	8 000	10 000	23 000	9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	8 000	10 000	23 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	270 000	270 000	270 000	270 000
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	0	0	0	0
Total Fixed Assets	270 000	270 000	270 000	270 000
Stock	164 000	109 000	98 000	72 000
Total Investments	0	1 000	0	0
Cash, Bank	3 000	1 000	3 000	27 000
Total Current Assets	371 000	336 000	321 000	319 000
Total Assets	641 000	606 000	591 000	589 000
Total Equity	605 000	597 000	587 000	564 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	9 000	2 000	2 000
Unpaid Taxes	3 000	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	33 000	0	2 000	21 000
Total Current Debt	36 000	9 000	4 000	25 000
Total Equity and Debt	641 000	606 000	591 000	589 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,32 %	1,68 %	3,92 %	1,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,7 %	14,93 %	28,75 %	12 %
Current Ratio	10,31	37,33	80,25	12,76
Quick Ratio	−2,9	−3,36	−3,41	−6,79
Equity Ratio	0,94	0,99	0,99	0,96
Gross Profit Margin	100 %	100 %	100 %	96 %