FINNVIK AS

9180 SKJERVØY

Finances

Share Ownership

Return on Equity

20,48 %

Current Ratio

0,61

Debt-to-Equity Ratio

6,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 132 000	839 000	965 000	835 000
Net Income	43 000	−306 000	−40 000	−99 000
Total Assets	2 099 000	1 988 000	2 305 000	2 433 000
Total Equity	210 000	167 000	474 000	514 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 132 000	839 000	965 000	835 000
Expenditure	1 008 000	1 171 000	972 000	922 000
Operating Profit	125 000	−332 000	−6 000	−87 000
Financial Income	4 000	1 000	3 000	4 000
Financial Costs	74 000	61 000	48 000	44 000
Financial Balance	−70 000	−60 000	−45 000	−40 000
Earnings Before Tax	55 000	−393 000	−52 000	−127 000
Tax	12 000	−86 000	−11 000	−28 000
Net Income	43 000	−306 000	−40 000	−99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 834 000	1 978 000	2 093 000	2 156 000
Total Current Assets	265 000	10 000	212 000	278 000
Total Assets	2 099 000	1 988 000	2 305 000	2 433 000
Total Retained Equity	60 000	17 000	324 000	364 000
Total Equity	210 000	167 000	474 000	514 000
Total Long-Term Debt	1 455 000	1 621 000	1 519 000	1 632 000
Total Current Debt	434 000	199 000	312 000	287 000
Total Equity and Debt	2 099 000	1 988 000	2 305 000	2 433 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 132 000	839 000	965 000	835 000
Other Income	0	0	0	0
Revenue	1 132 000	839 000	965 000	835 000
Cost of Goods Sold	0	0	0	0
Salary Costs	702 000	726 000	735 000	599 000
Depreciation	132 000	132 000	128 000	123 000
Impairment	0	0	0	0
Expenditure	1 008 000	1 171 000	972 000	922 000
Operating Profit	125 000	−332 000	−6 000	−87 000
Financial Income	4 000	1 000	3 000	4 000
Financial Costs	74 000	61 000	48 000	44 000
Financial Balance	−70 000	−60 000	−45 000	−40 000
Dividends	0	0	0	0
Net Income	43 000	−306 000	−40 000	−99 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	405 000	417 000	400 000	400 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 429 000	1 561 000	1 693 000	1 756 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 834 000	1 978 000	2 093 000	2 156 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	8 000	68 000	262 000
Total Current Assets	265 000	10 000	212 000	278 000
Total Assets	2 099 000	1 988 000	2 305 000	2 433 000
Total Equity	210 000	167 000	474 000	514 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 455 000	1 621 000	1 519 000	1 632 000
Creditors	6 000	13 000	46 000	75 000
Unpaid Taxes	212 000	171 000	266 000	171 000
Dividends	0	0	0	0
Other Current Debt	216 000	15 000	0	41 000
Total Current Debt	434 000	199 000	312 000	287 000
Total Equity and Debt	2 099 000	1 988 000	2 305 000	2 433 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,48 %	−183,23 %	−8,44 %	−19,26 %
Debt-to-Equity Ratio	6,93	9,71	3,2	3,18
Operating Profit Margin	11,04 %	−39,57 %	−0,62 %	−10,42 %
Current Ratio	0,61	0,05	0,68	0,97
Quick Ratio	0,61	0,05	0,68	0,97
Equity Ratio	0,1	0,08	0,21	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %