FERRX AS

7069 TRONDHEIM

Finances

Share Ownership

Return on Equity

−19,2 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	659 000	418 000	690 000	385 000
Net Income	−186 000	−228 000	−221 000	17 000
Total Assets	3 351 000	3 154 000	3 537 000	3 378 000
Total Equity	969 000	1 155 000	1 382 000	1 603 000

Income (NOK)	2022	2021	2020	2019
Revenue	659 000	418 000	690 000	385 000
Expenditure	821 000	641 000	788 000	368 000
Operating Profit	−186 000	−227 000	−223 000	17 000
Financial Income	0	0	2 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	2 000	1 000
Earnings Before Tax	−186 000	−228 000	−221 000	17 000
Tax	0	0	0	0
Net Income	−186 000	−228 000	−221 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	902 000	902 000	902 000	902 000
Total Current Assets	2 449 000	2 252 000	2 635 000	2 476 000
Total Assets	3 351 000	3 154 000	3 537 000	3 378 000
Total Retained Equity	−635 000	−449 000	−222 000	−1 000
Total Equity	969 000	1 155 000	1 382 000	1 603 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 382 000	1 999 000	2 155 000	1 775 000
Total Equity and Debt	3 351 000	3 154 000	3 537 000	3 378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	568 000	417 000	240 000	131 000
Other Income	91 000	1 000	450 000	254 000
Revenue	659 000	418 000	690 000	385 000
Cost of Goods Sold	26 000	42 000	9 000	−249 000
Salary Costs	201 000	220 000	449 000	183 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	821 000	641 000	788 000	368 000
Operating Profit	−186 000	−227 000	−223 000	17 000
Financial Income	0	0	2 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	2 000	1 000
Dividends	0	0	0	0
Net Income	−186 000	−228 000	−221 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	902 000	902 000	902 000	902 000
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	0	0	0
Total Fixed Assets	902 000	902 000	902 000	902 000
Stock	1 715 000	1 740 000	1 745 000	1 870 000
Total Investments	0	0	0	0
Cash, Bank	619 000	384 000	565 000	379 000
Total Current Assets	2 449 000	2 252 000	2 635 000	2 476 000
Total Assets	3 351 000	3 154 000	3 537 000	3 378 000
Total Equity	969 000	1 155 000	1 382 000	1 603 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	78 000	2 000	62 000
Unpaid Taxes	91 000	11 000	106 000	43 000
Dividends	0	0	0	0
Other Current Debt	2 284 000	1 910 000	2 046 000	1 669 000
Total Current Debt	2 382 000	1 999 000	2 155 000	1 775 000
Total Equity and Debt	3 351 000	3 154 000	3 537 000	3 378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,2 %	−19,74 %	−15,99 %	1,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−28,22 %	−54,31 %	−32,32 %	4,42 %
Current Ratio	1,03	1,13	1,22	1,39
Quick Ratio	3,67	8,69	6,43	−26,06
Equity Ratio	0,29	0,37	0,39	0,47
Gross Profit Margin	96,05 %	89,95 %	98,7 %	164,68 %