FINANSIT AS

1447 DRØBAK

Finances

Share Ownership

Return on Equity

−3,65 %

Current Ratio

2,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 623 000	59 000	72 000	614 000
Net Income	−83 000	9 000	11 000	309 000
Total Assets	3 675 000	2 596 000	2 586 000	2 730 000
Total Equity	2 277 000	2 360 000	2 351 000	2 340 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 623 000	59 000	72 000	614 000
Expenditure	2 190 000	48 000	58 000	218 000
Operating Profit	2 433 000	11 000	14 000	396 000
Financial Income	15 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	15 000	0	0	0
Earnings Before Tax	2 448 000	11 000	15 000	396 000
Tax	2 532 000	3 000	3 000	87 000
Net Income	−83 000	9 000	11 000	309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 532 000	2 534 000	2 537 000
Total Current Assets	3 675 000	64 000	52 000	193 000
Total Assets	3 675 000	2 596 000	2 586 000	2 730 000
Total Retained Equity	−567 000	−484 000	−493 000	−504 000
Total Equity	2 277 000	2 360 000	2 351 000	2 340 000
Total Long-Term Debt	0	0	0	296 000
Total Current Debt	1 398 000	236 000	235 000	94 000
Total Equity and Debt	3 675 000	2 596 000	2 586 000	2 730 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 611 000	59 000	72 000	471 000
Other Income	12 000	0	0	143 000
Revenue	4 623 000	59 000	72 000	614 000
Cost of Goods Sold	0	8 000	8 000	5 000
Salary Costs	1 577 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 190 000	48 000	58 000	218 000
Operating Profit	2 433 000	11 000	14 000	396 000
Financial Income	15 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	15 000	0	0	0
Dividends	0	0	0	0
Net Income	−83 000	9 000	11 000	309 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 532 000	2 534 000	2 537 000
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	0	2 532 000	2 534 000	2 537 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 675 000	64 000	47 000	68 000
Total Current Assets	3 675 000	64 000	52 000	193 000
Total Assets	3 675 000	2 596 000	2 586 000	2 730 000
Total Equity	2 277 000	2 360 000	2 351 000	2 340 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	296 000
Creditors	11 000	7 000	0	0
Unpaid Taxes	1 225 000	2 000	0	94 000
Dividends	0	0	0	0
Other Current Debt	162 000	227 000	235 000	0
Total Current Debt	1 398 000	236 000	235 000	94 000
Total Equity and Debt	3 675 000	2 596 000	2 586 000	2 730 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,65 %	0,38 %	0,47 %	13,21 %
Debt-to-Equity Ratio	0	0	0	0,13
Operating Profit Margin	52,63 %	18,64 %	19,44 %	64,5 %
Current Ratio	2,63	0,27	0,22	2,05
Quick Ratio	2,63	0,27	0,22	2,05
Equity Ratio	0,62	0,91	0,91	0,86
Gross Profit Margin	100 %	86,44 %	88,89 %	99,19 %