FINE PRODUCTION AS

4879 GRIMSTAD

Finances

Return on Equity

−5 %

Current Ratio

13,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	909 000	441 000	1 881 000	1 170 000
Net Income	−114 000	1 273 000	−2 033 000	−3 331 000
Total Assets	2 416 000	3 782 000	4 124 000	4 835 000
Total Equity	2 282 000	2 396 000	2 623 000	4 656 000

Income (NOK)	2022	2021	2020	2019
Revenue	909 000	441 000	1 881 000	1 170 000
Expenditure	1 002 000	−218 000	1 865 000	1 572 000
Operating Profit	−93 000	658 000	16 000	−402 000
Financial Income	18 000	24 000	28 000	83 000
Financial Costs	39 000	−591 000	2 077 000	3 013 000
Financial Balance	−21 000	615 000	−2 049 000	−2 930 000
Earnings Before Tax	−114 000	1 273 000	−2 033 000	−3 331 000
Tax	0	0	0	0
Net Income	−114 000	1 273 000	−2 033 000	−3 331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	650 000	500 000	0	2 142 000
Total Current Assets	1 766 000	3 282 000	4 124 000	2 693 000
Total Assets	2 416 000	3 782 000	4 124 000	4 835 000
Total Retained Equity	2 182 000	2 296 000	2 523 000	4 556 000
Total Equity	2 282 000	2 396 000	2 623 000	4 656 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	133 000	1 386 000	1 500 000	178 000
Total Equity and Debt	2 416 000	3 782 000	4 124 000	4 835 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	909 000	441 000	1 631 000	1 170 000
Other Income	0	0	250 000	0
Revenue	909 000	441 000	1 881 000	1 170 000
Cost of Goods Sold	231 000	−877 000	1 206 000	12 000
Salary Costs	185 000	157 000	277 000	942 000
Depreciation	20 000	0	0	80 000
Impairment	0	0	0	0
Expenditure	1 002 000	−218 000	1 865 000	1 572 000
Operating Profit	−93 000	658 000	16 000	−402 000
Financial Income	18 000	24 000	28 000	83 000
Financial Costs	39 000	−591 000	2 077 000	3 013 000
Financial Balance	−21 000	615 000	−2 049 000	−2 930 000
Dividends	0	0	0	69 000
Net Income	−114 000	1 273 000	−2 033 000	−3 331 000

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	150 000	0	0	0
Fixtures	0	0	0	93 000
Total Tangible Assets	150 000	0	0	93 000
Total Fiancial Fixed Assets	500 000	500 000	0	2 049 000
Total Fixed Assets	650 000	500 000	0	2 142 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 039 000	1 967 000	33 000	647 000
Total Current Assets	1 766 000	3 282 000	4 124 000	2 693 000
Total Assets	2 416 000	3 782 000	4 124 000	4 835 000
Total Equity	2 282 000	2 396 000	2 623 000	4 656 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	7 000	8 000	7 000
Unpaid Taxes	120 000	7 000	4 000	14 000
Dividends	0	0	0	69 000
Other Current Debt	8 000	1 371 000	1 488 000	158 000
Total Current Debt	133 000	1 386 000	1 500 000	178 000
Total Equity and Debt	2 416 000	3 782 000	4 124 000	4 835 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5 %	53,13 %	−77,51 %	−71,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,23 %	149,21 %	0,85 %	−34,36 %
Current Ratio	13,28	2,37	2,75	15,13
Quick Ratio	13,28	2,37	2,75	15,13
Equity Ratio	0,94	0,63	0,64	0,96
Gross Profit Margin	74,59 %	298,87 %	35,89 %	98,97 %