FJORDHAGEN AS

6210 VALLDAL

Finances

Share Ownership

Return on Equity

18,8 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 478 000	2 354 000	1 745 000	2 026 000
Net Income	91 000	154 000	66 000	−63 000
Total Assets	1 806 000	2 215 000	1 565 000	633 000
Total Equity	484 000	393 000	238 000	172 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 478 000	2 354 000	1 745 000	2 026 000
Expenditure	2 388 000	2 200 000	1 679 000	2 091 000
Operating Profit	90 000	155 000	66 000	−64 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	1 000
Earnings Before Tax	91 000	154 000	66 000	−63 000
Tax	0	0	0	0
Net Income	91 000	154 000	66 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	0	0	0
Total Current Assets	1 755 000	2 215 000	1 565 000	633 000
Total Assets	1 806 000	2 215 000	1 565 000	633 000
Total Retained Equity	178 000	87 000	−68 000	−134 000
Total Equity	484 000	393 000	238 000	172 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 322 000	1 823 000	1 327 000	460 000
Total Equity and Debt	1 806 000	2 215 000	1 565 000	633 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 543 000	883 000	582 000	959 000
Other Income	935 000	1 471 000	1 162 000	1 067 000
Revenue	2 478 000	2 354 000	1 745 000	2 026 000
Cost of Goods Sold	565 000	614 000	342 000	465 000
Salary Costs	1 376 000	1 226 000	1 008 000	1 180 000
Depreciation	13 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 388 000	2 200 000	1 679 000	2 091 000
Operating Profit	90 000	155 000	66 000	−64 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	1 000
Dividends	0	0	0	0
Net Income	91 000	154 000	66 000	−63 000

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	51 000	0	0	0
Total Tangible Assets	51 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	51 000	0	0	0
Stock	25 000	15 000	17 000	23 000
Total Investments	0	0	0	0
Cash, Bank	790 000	1 676 000	1 015 000	389 000
Total Current Assets	1 755 000	2 215 000	1 565 000	633 000
Total Assets	1 806 000	2 215 000	1 565 000	633 000
Total Equity	484 000	393 000	238 000	172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	227 000	31 000	54 000	18 000
Unpaid Taxes	221 000	87 000	68 000	69 000
Dividends	0	0	0	0
Other Current Debt	873 000	1 704 000	1 205 000	373 000
Total Current Debt	1 322 000	1 823 000	1 327 000	460 000
Total Equity and Debt	1 806 000	2 215 000	1 565 000	633 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,8 %	39,19 %	27,73 %	−36,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,63 %	6,58 %	3,78 %	−3,16 %
Current Ratio	1,33	1,22	1,18	1,38
Quick Ratio	1,35	1,23	1,19	1,45
Equity Ratio	0,27	0,18	0,15	0,27
Gross Profit Margin	77,2 %	73,92 %	80,4 %	77,05 %