FG UTVIKLING AS

2408 ELVERUM

Finances

Share Ownership

Return on Equity

−31,26 %

Current Ratio

4,62

Debt-to-Equity Ratio

3,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	−16 000	12 703 000	656 000
Net Income	−262 000	339 000	923 000	−165 000
Total Assets	4 948 000	4 016 000	3 853 000	14 391 000
Total Equity	838 000	100 000	147 000	795 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	−16 000	12 703 000	656 000
Expenditure	66 000	209 000	11 690 000	758 000
Operating Profit	−66 000	−225 000	1 013 000	−101 000
Financial Income	31 000	114 000	119 000	322 000
Financial Costs	228 000	169 000	9 000	432 000
Financial Balance	−197 000	−55 000	110 000	−110 000
Earnings Before Tax	−262 000	−280 000	1 124 000	−212 000
Tax	0	−618 000	201 000	−47 000
Net Income	−262 000	339 000	923 000	−165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	684 000	1 872 000	1 550 000
Total Current Assets	4 948 000	3 333 000	1 980 000	12 841 000
Total Assets	4 948 000	4 016 000	3 853 000	14 391 000
Total Retained Equity	−302 000	−2 404 000	0	−436 000
Total Equity	838 000	100 000	147 000	795 000
Total Long-Term Debt	3 039 000	2 756 000	875 000	9 683 000
Total Current Debt	1 071 000	1 160 000	2 831 000	3 913 000
Total Equity and Debt	4 948 000	4 016 000	3 853 000	14 391 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	−16 000	12 703 000	0
Other Income	0	0	0	656 000
Revenue	0	−16 000	12 703 000	656 000
Cost of Goods Sold	−11 000	36 000	11 108 000	488 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	66 000	209 000	11 690 000	758 000
Operating Profit	−66 000	−225 000	1 013 000	−101 000
Financial Income	31 000	114 000	119 000	322 000
Financial Costs	228 000	169 000	9 000	432 000
Financial Balance	−197 000	−55 000	110 000	−110 000
Dividends	0	0	860 000	0
Net Income	−262 000	339 000	923 000	−165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	684 000	1 872 000	1 550 000
Total Fixed Assets	0	684 000	1 872 000	1 550 000
Stock	0	0	40 000	11 155 000
Total Investments	0	0	0	0
Cash, Bank	2 013 000	159 000	1 501 000	1 114 000
Total Current Assets	4 948 000	3 333 000	1 980 000	12 841 000
Total Assets	4 948 000	4 016 000	3 853 000	14 391 000
Total Equity	838 000	100 000	147 000	795 000
Short-Term Group Debt	902 000	1 019 000	1 871 000	674 000
Total Long-Term Debt	3 039 000	2 756 000	875 000	9 683 000
Creditors	31 000	41 000	0	2 176 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	860 000	0
Other Current Debt	138 000	100 000	100 000	1 063 000
Total Current Debt	1 071 000	1 160 000	2 831 000	3 913 000
Total Equity and Debt	4 948 000	4 016 000	3 853 000	14 391 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,26 %	339 %	627,89 %	−20,75 %
Debt-to-Equity Ratio	3,63	27,56	5,95	12,18
Operating Profit Margin	-	1 406,25 %	7,97 %	−15,4 %
Current Ratio	4,62	2,87	0,7	3,28
Quick Ratio	4,62	2,87	0,71	−1,77
Equity Ratio	0,17	0,02	0,04	0,06
Gross Profit Margin	-	325 %	12,56 %	25,61 %