FIOLINMAKERN AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

−25,9 %

Current Ratio

2,43

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 391 000	2 984 000	3 276 000	3 033 000
Net Income	−223 000	−172 000	−92 000	51 000
Total Assets	1 428 000	1 927 000	1 795 000	2 057 000
Total Equity	861 000	1 083 000	1 255 000	1 348 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 391 000	2 984 000	3 276 000	3 033 000
Expenditure	3 639 000	3 216 000	3 390 000	2 963 000
Operating Profit	−247 000	−233 000	−114 000	70 000
Financial Income	7 000	18 000	6 000	3 000
Financial Costs	42 000	4 000	10 000	7 000
Financial Balance	−35 000	14 000	−4 000	−4 000
Earnings Before Tax	−282 000	−219 000	−117 000	67 000
Tax	−60 000	−47 000	−25 000	16 000
Net Income	−223 000	−172 000	−92 000	51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	161 000	116 000	82 000	108 000
Total Current Assets	1 267 000	1 811 000	1 713 000	1 948 000
Total Assets	1 428 000	1 927 000	1 795 000	2 057 000
Total Retained Equity	661 000	883 000	1 055 000	1 148 000
Total Equity	861 000	1 083 000	1 255 000	1 348 000
Total Long-Term Debt	47 000	48 000	50 000	61 000
Total Current Debt	521 000	796 000	490 000	648 000
Total Equity and Debt	1 428 000	1 927 000	1 795 000	2 057 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 391 000	2 984 000	3 276 000	3 033 000
Other Income	0	0	0	0
Revenue	3 391 000	2 984 000	3 276 000	3 033 000
Cost of Goods Sold	1 163 000	1 069 000	1 458 000	1 283 000
Salary Costs	1 832 000	1 698 000	1 560 000	1 297 000
Depreciation	11 000	11 000	11 000	0
Impairment	0	0	0	0
Expenditure	3 639 000	3 216 000	3 390 000	2 963 000
Operating Profit	−247 000	−233 000	−114 000	70 000
Financial Income	7 000	18 000	6 000	3 000
Financial Costs	42 000	4 000	10 000	7 000
Financial Balance	−35 000	14 000	−4 000	−4 000
Dividends	0	0	0	0
Net Income	−223 000	−172 000	−92 000	51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	161 000	101 000	38 000	52 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	11 000	22 000	33 000
Total Tangible Assets	0	11 000	22 000	33 000
Total Fiancial Fixed Assets	0	4 000	22 000	23 000
Total Fixed Assets	161 000	116 000	82 000	108 000
Stock	962 000	1 286 000	1 234 000	1 351 000
Total Investments	0	0	0	0
Cash, Bank	113 000	401 000	363 000	381 000
Total Current Assets	1 267 000	1 811 000	1 713 000	1 948 000
Total Assets	1 428 000	1 927 000	1 795 000	2 057 000
Total Equity	861 000	1 083 000	1 255 000	1 348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	47 000	48 000	50 000	61 000
Creditors	75 000	21 000	78 000	120 000
Unpaid Taxes	241 000	308 000	288 000	239 000
Dividends	0	0	0	0
Other Current Debt	204 000	450 000	124 000	253 000
Total Current Debt	521 000	796 000	490 000	648 000
Total Equity and Debt	1 428 000	1 927 000	1 795 000	2 057 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,9 %	−15,88 %	−7,33 %	3,78 %
Debt-to-Equity Ratio	0,05	0,04	0,04	0,05
Operating Profit Margin	−7,28 %	−7,81 %	−3,48 %	2,31 %
Current Ratio	2,43	2,28	3,5	3,01
Quick Ratio	−2,87	−3,7	−2,3	−2,77
Equity Ratio	0,6	0,56	0,7	0,66
Gross Profit Margin	65,7 %	64,18 %	55,49 %	57,7 %