FINNS VAREEKSPRESS AS

2312 OTTESTAD

Finances

Share Ownership

Return on Equity

−329,7 %

Current Ratio

0,79

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 544 000	7 587 000	7 548 000	6 153 000
Net Income	−333 000	−324 000	426 000	−484 000
Total Assets	1 391 000	1 567 000	2 183 000	1 082 000
Total Equity	101 000	434 000	758 000	333 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 544 000	7 587 000	7 548 000	6 153 000
Expenditure	8 954 000	7 986 000	6 990 000	6 753 000
Operating Profit	−409 000	−399 000	559 000	−600 000
Financial Income	2 000	0	0	1 000
Financial Costs	17 000	18 000	12 000	18 000
Financial Balance	−15 000	−18 000	−12 000	−17 000
Earnings Before Tax	−425 000	−416 000	548 000	−617 000
Tax	−92 000	−92 000	122 000	−133 000
Net Income	−333 000	−324 000	426 000	−484 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	462 000	506 000	535 000	427 000
Total Current Assets	929 000	1 061 000	1 649 000	655 000
Total Assets	1 391 000	1 567 000	2 183 000	1 082 000
Total Retained Equity	−9 000	324 000	649 000	223 000
Total Equity	101 000	434 000	758 000	333 000
Total Long-Term Debt	111 000	246 000	332 000	0
Total Current Debt	1 179 000	887 000	1 093 000	749 000
Total Equity and Debt	1 391 000	1 567 000	2 183 000	1 082 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 544 000	7 587 000	7 210 000	6 078 000
Other Income	0	0	338 000	75 000
Revenue	8 544 000	7 587 000	7 548 000	6 153 000
Cost of Goods Sold	4 000	1 000	4 000	4 000
Salary Costs	3 207 000	2 941 000	2 632 000	2 701 000
Depreciation	9 000	9 000	3 000	111 000
Impairment	0	0	0	0
Expenditure	8 954 000	7 986 000	6 990 000	6 753 000
Operating Profit	−409 000	−399 000	559 000	−600 000
Financial Income	2 000	0	0	1 000
Financial Costs	17 000	18 000	12 000	18 000
Financial Balance	−15 000	−18 000	−12 000	−17 000
Dividends	0	0	0	0
Net Income	−333 000	−324 000	426 000	−484 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	152 000	59 000	0	63 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	15 000	24 000	0
Total Tangible Assets	6 000	15 000	24 000	0
Total Fiancial Fixed Assets	305 000	432 000	511 000	364 000
Total Fixed Assets	462 000	506 000	535 000	427 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	124 000	774 000	74 000
Total Current Assets	929 000	1 061 000	1 649 000	655 000
Total Assets	1 391 000	1 567 000	2 183 000	1 082 000
Total Equity	101 000	434 000	758 000	333 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	111 000	246 000	332 000	0
Creditors	235 000	243 000	361 000	220 000
Unpaid Taxes	388 000	348 000	408 000	279 000
Dividends	0	0	0	0
Other Current Debt	417 000	296 000	297 000	250 000
Total Current Debt	1 179 000	887 000	1 093 000	749 000
Total Equity and Debt	1 391 000	1 567 000	2 183 000	1 082 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−329,7 %	−74,65 %	56,2 %	−145,35 %
Debt-to-Equity Ratio	1,1	0,57	0,44	0
Operating Profit Margin	−4,79 %	−5,26 %	7,41 %	−9,75 %
Current Ratio	0,79	1,2	1,51	0,87
Quick Ratio	0,79	1,2	1,51	0,87
Equity Ratio	0,07	0,28	0,35	0,31
Gross Profit Margin	99,95 %	99,99 %	99,95 %	99,93 %