FINNSNES TERMOTRANSPORT AS

9308 FINNSNES

Finances

Share Ownership

Return on Equity

−33,02 %

Current Ratio

0,81

Debt-to-Equity Ratio

−1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 458 000	2 036 000	0	240 000
Net Income	107 000	1 033 000	−52 000	397 000
Total Assets	2 185 000	1 512 000	135 000	142 000
Total Equity	−324 000	−866 000	−1 899 000	−1 847 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 458 000	2 036 000	0	240 000
Expenditure	7 314 000	1 451 000	52 000	−162 000
Operating Profit	144 000	585 000	−52 000	401 000
Financial Income	0	0	0	0
Financial Costs	6 000	1 000	0	4 000
Financial Balance	−6 000	−1 000	0	−4 000
Earnings Before Tax	138 000	584 000	−52 000	397 000
Tax	31 000	−448 000	0	0
Net Income	107 000	1 033 000	−52 000	397 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	610 000	448 000	0	0
Total Current Assets	1 575 000	1 064 000	135 000	142 000
Total Assets	2 185 000	1 512 000	135 000	142 000
Total Retained Equity	−759 000	−1 301 000	−2 334 000	−2 282 000
Total Equity	−324 000	−866 000	−1 899 000	−1 847 000
Total Long-Term Debt	568 000	357 000	387 000	0
Total Current Debt	1 941 000	2 021 000	1 647 000	1 989 000
Total Equity and Debt	2 185 000	1 512 000	135 000	142 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 318 000	2 036 000	0	240 000
Other Income	140 000	0	0	0
Revenue	7 458 000	2 036 000	0	240 000
Cost of Goods Sold	0	0	0	−34 000
Salary Costs	2 172 000	460 000	0	−87 000
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	7 314 000	1 451 000	52 000	−162 000
Operating Profit	144 000	585 000	−52 000	401 000
Financial Income	0	0	0	0
Financial Costs	6 000	1 000	0	4 000
Financial Balance	−6 000	−1 000	0	−4 000
Dividends	0	0	0	0
Net Income	107 000	1 033 000	−52 000	397 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	417 000	448 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	93 000	0	0	0
Total Tangible Assets	93 000	0	0	0
Total Fiancial Fixed Assets	100 000	0	0	0
Total Fixed Assets	610 000	448 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	379 000	339 000	2 000	9 000
Total Current Assets	1 575 000	1 064 000	135 000	142 000
Total Assets	2 185 000	1 512 000	135 000	142 000
Total Equity	−324 000	−866 000	−1 899 000	−1 847 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	568 000	357 000	387 000	0
Creditors	513 000	1 585 000	1 490 000	1 480 000
Unpaid Taxes	219 000	98 000	5 000	12 000
Dividends	0	0	0	0
Other Current Debt	532 000	338 000	152 000	497 000
Total Current Debt	1 941 000	2 021 000	1 647 000	1 989 000
Total Equity and Debt	2 185 000	1 512 000	135 000	142 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,02 %	−119,28 %	2,74 %	−21,49 %
Debt-to-Equity Ratio	−1,75	−0,41	−0,2	−0
Operating Profit Margin	1,93 %	28,73 %	-	167,08 %
Current Ratio	0,81	0,53	0,08	0,07
Quick Ratio	0,81	0,53	0,08	0,07
Equity Ratio	−0,15	−0,57	−14,07	−13,01
Gross Profit Margin	100 %	100 %	-	114,17 %