FJORDVARME AS

6770 NORDFJORDEID

Finances

Return on Equity

−29,53 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 254 000	6 588 000	5 818 000	6 209 000
Net Income	−298 000	165 000	32 000	260 000
Total Assets	3 643 000	2 474 000	2 293 000	2 942 000
Total Equity	1 009 000	1 307 000	1 333 000	1 301 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 254 000	6 588 000	5 818 000	6 209 000
Expenditure	5 653 000	6 385 000	5 789 000	5 890 000
Operating Profit	−399 000	202 000	29 000	318 000
Financial Income	19 000	12 000	16 000	23 000
Financial Costs	2 000	1 000	1 000	6 000
Financial Balance	17 000	11 000	15 000	17 000
Earnings Before Tax	−382 000	213 000	44 000	335 000
Tax	−84 000	49 000	12 000	75 000
Net Income	−298 000	165 000	32 000	260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	171 000	137 000	138 000	94 000
Total Current Assets	3 472 000	2 337 000	2 155 000	2 849 000
Total Assets	3 643 000	2 474 000	2 293 000	2 942 000
Total Retained Equity	−291 000	7 000	33 000	1 000
Total Equity	1 009 000	1 307 000	1 333 000	1 301 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 634 000	1 167 000	960 000	1 641 000
Total Equity and Debt	3 643 000	2 474 000	2 293 000	2 942 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 254 000	6 154 000	6 114 000	6 046 000
Other Income	0	434 000	−295 000	163 000
Revenue	5 254 000	6 588 000	5 818 000	6 209 000
Cost of Goods Sold	1 050 000	1 296 000	344 000	804 000
Salary Costs	3 220 000	3 465 000	3 473 000	2 996 000
Depreciation	50 000	61 000	53 000	25 000
Impairment	0	0	0	0
Expenditure	5 653 000	6 385 000	5 789 000	5 890 000
Operating Profit	−399 000	202 000	29 000	318 000
Financial Income	19 000	12 000	16 000	23 000
Financial Costs	2 000	1 000	1 000	6 000
Financial Balance	17 000	11 000	15 000	17 000
Dividends	0	190 000	0	260 000
Net Income	−298 000	165 000	32 000	260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	107 000	23 000	22 000	22 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	33 000	83 000	85 000	41 000
Total Tangible Assets	33 000	83 000	85 000	41 000
Total Fiancial Fixed Assets	31 000	31 000	31 000	31 000
Total Fixed Assets	171 000	137 000	138 000	94 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	251 000	1 488 000	1 865 000	1 820 000
Total Current Assets	3 472 000	2 337 000	2 155 000	2 849 000
Total Assets	3 643 000	2 474 000	2 293 000	2 942 000
Total Equity	1 009 000	1 307 000	1 333 000	1 301 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	451 000	208 000	301 000	680 000
Unpaid Taxes	535 000	355 000	266 000	273 000
Dividends	0	190 000	0	260 000
Other Current Debt	1 649 000	364 000	380 000	355 000
Total Current Debt	2 634 000	1 167 000	960 000	1 641 000
Total Equity and Debt	3 643 000	2 474 000	2 293 000	2 942 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,53 %	12,62 %	2,4 %	19,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−7,59 %	3,07 %	0,5 %	5,12 %
Current Ratio	1,32	2	2,24	1,74
Quick Ratio	1,32	2	2,24	1,74
Equity Ratio	0,28	0,53	0,58	0,44
Gross Profit Margin	80,02 %	80,33 %	94,09 %	87,05 %