FINNUT AS

9800 VADSØ

Finances

Return on Equity

68,82 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 619 000	5 315 000	4 993 000	3 336 000
Net Income	638 000	568 000	819 000	−321 000
Total Assets	3 989 000	3 937 000	4 206 000	4 047 000
Total Equity	927 000	786 000	568 000	99 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 619 000	5 315 000	4 993 000	3 336 000
Expenditure	5 963 000	4 397 000	3 843 000	3 684 000
Operating Profit	656 000	917 000	1 151 000	−348 000
Financial Income	17 000	0	73 000	0
Financial Costs	36 000	262 000	102 000	63 000
Financial Balance	−19 000	−262 000	−29 000	−63 000
Earnings Before Tax	638 000	655 000	1 123 000	−411 000
Tax	0	87 000	303 000	−89 000
Net Income	638 000	568 000	819 000	−321 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 000	246 000	354 000	469 000
Total Current Assets	3 902 000	3 690 000	3 852 000	3 578 000
Total Assets	3 989 000	3 937 000	4 206 000	4 047 000
Total Retained Equity	627 000	486 000	268 000	−201 000
Total Equity	927 000	786 000	568 000	99 000
Total Long-Term Debt	112 000	158 000	167 000	538 000
Total Current Debt	2 949 000	2 993 000	3 471 000	3 410 000
Total Equity and Debt	3 989 000	3 937 000	4 206 000	4 047 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 619 000	5 315 000	4 928 000	3 236 000
Other Income	0	0	65 000	100 000
Revenue	6 619 000	5 315 000	4 993 000	3 336 000
Cost of Goods Sold	0	0	0	4 000
Salary Costs	3 616 000	3 117 000	2 622 000	2 372 000
Depreciation	21 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	5 963 000	4 397 000	3 843 000	3 684 000
Operating Profit	656 000	917 000	1 151 000	−348 000
Financial Income	17 000	0	73 000	0
Financial Costs	36 000	262 000	102 000	63 000
Financial Balance	−19 000	−262 000	−29 000	−63 000
Dividends	300 000	350 000	350 000	0
Net Income	638 000	568 000	819 000	−321 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	165 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	79 000	100 000	0	0
Total Tangible Assets	79 000	100 000	0	0
Total Fiancial Fixed Assets	8 000	146 000	354 000	304 000
Total Fixed Assets	87 000	246 000	354 000	469 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 202 000	1 265 000	1 413 000	926 000
Total Current Assets	3 902 000	3 690 000	3 852 000	3 578 000
Total Assets	3 989 000	3 937 000	4 206 000	4 047 000
Total Equity	927 000	786 000	568 000	99 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	112 000	158 000	167 000	538 000
Creditors	507 000	333 000	162 000	362 000
Unpaid Taxes	586 000	484 000	519 000	721 000
Dividends	300 000	350 000	350 000	0
Other Current Debt	1 556 000	1 767 000	1 808 000	2 122 000
Total Current Debt	2 949 000	2 993 000	3 471 000	3 410 000
Total Equity and Debt	3 989 000	3 937 000	4 206 000	4 047 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,82 %	72,26 %	144,19 %	−324,24 %
Debt-to-Equity Ratio	0,12	0,2	0,29	5,43
Operating Profit Margin	9,91 %	17,25 %	23,05 %	−10,43 %
Current Ratio	1,32	1,23	1,11	1,05
Quick Ratio	1,32	1,23	1,11	1,05
Equity Ratio	0,23	0,2	0,14	0,02
Gross Profit Margin	100 %	100 %	100 %	99,88 %