FJELL TECHNOLOGY GROUP AS

5006 BERGEN

Finances

Return on Equity

20,36 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	82 047 000	63 602 000	50 258 000	44 396 000
Net Income	2 936 000	−5 405 000	−249 000	1 182 000
Total Assets	57 167 000	29 979 000	38 766 000	50 287 000
Total Equity	14 417 000	6 482 000	11 887 000	10 581 000

Income (NOK)	2022	2021	2020	2019
Revenue	82 047 000	63 602 000	50 258 000	44 396 000
Expenditure	77 692 000	70 252 000	47 855 000	42 278 000
Operating Profit	4 356 000	−6 649 000	2 404 000	2 118 000
Financial Income	317 000	892 000	517 000	364 000
Financial Costs	892 000	1 195 000	2 800 000	937 000
Financial Balance	−575 000	−303 000	−2 283 000	−573 000
Earnings Before Tax	3 781 000	−6 952 000	122 000	1 545 000
Tax	846 000	−1 547 000	370 000	364 000
Net Income	2 936 000	−5 405 000	−249 000	1 182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 603 000	18 603 000	12 907 000	13 384 000
Total Current Assets	42 564 000	11 376 000	25 859 000	36 904 000
Total Assets	57 167 000	29 979 000	38 766 000	50 287 000
Total Retained Equity	2 936 000	0	933 000	1 182 000
Total Equity	14 417 000	6 482 000	11 887 000	10 581 000
Total Long-Term Debt	2 046 000	2 898 000	10 193 000	9 662 000
Total Current Debt	40 704 000	20 600 000	16 686 000	30 044 000
Total Equity and Debt	57 167 000	29 979 000	38 766 000	50 287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	82 047 000	63 181 000	50 258 000	44 390 000
Other Income	0	422 000	0	6 000
Revenue	82 047 000	63 602 000	50 258 000	44 396 000
Cost of Goods Sold	58 063 000	50 973 000	32 839 000	33 598 000
Salary Costs	11 571 000	11 844 000	8 407 000	3 799 000
Depreciation	1 603 000	1 185 000	860 000	185 000
Impairment	55 000	0	469 000	0
Expenditure	77 692 000	70 252 000	47 855 000	42 278 000
Operating Profit	4 356 000	−6 649 000	2 404 000	2 118 000
Financial Income	317 000	892 000	517 000	364 000
Financial Costs	892 000	1 195 000	2 800 000	937 000
Financial Balance	−575 000	−303 000	−2 283 000	−573 000
Dividends	0	0	0	0
Net Income	2 936 000	−5 405 000	−249 000	1 182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 286 000	11 701 000	9 377 000	8 979 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	37 000
Fixtures	2 195 000	750 000	150 000	72 000
Total Tangible Assets	2 195 000	750 000	150 000	109 000
Total Fiancial Fixed Assets	1 122 000	6 153 000	3 379 000	4 296 000
Total Fixed Assets	14 603 000	18 603 000	12 907 000	13 384 000
Stock	1 061 000	585 000	294 000	408 000
Total Investments	0	0	0	0
Cash, Bank	26 748 000	651 000	3 773 000	1 504 000
Total Current Assets	42 564 000	11 376 000	25 859 000	36 904 000
Total Assets	57 167 000	29 979 000	38 766 000	50 287 000
Total Equity	14 417 000	6 482 000	11 887 000	10 581 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 046 000	2 898 000	10 193 000	9 662 000
Creditors	11 256 000	7 076 000	5 917 000	16 117 000
Unpaid Taxes	1 892 000	892 000	826 000	639 000
Dividends	0	0	0	0
Other Current Debt	27 556 000	5 575 000	7 600 000	9 047 000
Total Current Debt	40 704 000	20 600 000	16 686 000	30 044 000
Total Equity and Debt	57 167 000	29 979 000	38 766 000	50 287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,36 %	−83,38 %	−2,09 %	11,17 %
Debt-to-Equity Ratio	0,14	0,45	0,86	0,91
Operating Profit Margin	5,31 %	−10,45 %	4,78 %	4,77 %
Current Ratio	1,05	0,55	1,55	1,23
Quick Ratio	1,07	0,57	1,58	1,25
Equity Ratio	0,25	0,22	0,31	0,21
Gross Profit Margin	29,23 %	19,86 %	34,66 %	24,32 %