FJORDKANTEN AS

4950 RISØR

Finances

Share Ownership

Return on Equity

−8,45 %

Current Ratio

0,54

Debt-to-Equity Ratio

−0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	314 000	157 000	0	0
Net Income	65 000	10 000	−68 000	−66 000
Total Assets	473 000	662 000	757 000	757 000
Total Equity	−769 000	−834 000	−844 000	−776 000

Income (NOK)	2022	2021	2020	2019
Revenue	314 000	157 000	0	0
Expenditure	203 000	102 000	14 000	12 000
Operating Profit	111 000	55 000	−14 000	−12 000
Financial Income	0	0	0	0
Financial Costs	46 000	45 000	54 000	53 000
Financial Balance	−46 000	−45 000	−54 000	−53 000
Earnings Before Tax	65 000	10 000	−68 000	−66 000
Tax	0	0	0	0
Net Income	65 000	10 000	−68 000	−66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	473 000	662 000	757 000	757 000
Total Assets	473 000	662 000	757 000	757 000
Total Retained Equity	−869 000	−934 000	−944 000	−876 000
Total Equity	−769 000	−834 000	−844 000	−776 000
Total Long-Term Debt	372 000	684 000	841 000	840 000
Total Current Debt	870 000	812 000	760 000	692 000
Total Equity and Debt	473 000	662 000	757 000	757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	314 000	157 000	0	0
Other Income	0	0	0	0
Revenue	314 000	157 000	0	0
Cost of Goods Sold	189 000	94 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	203 000	102 000	14 000	12 000
Operating Profit	111 000	55 000	−14 000	−12 000
Financial Income	0	0	0	0
Financial Costs	46 000	45 000	54 000	53 000
Financial Balance	−46 000	−45 000	−54 000	−53 000
Dividends	0	0	0	0
Net Income	65 000	10 000	−68 000	−66 000

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	0	0	0
Total Fixed Assets	0	0	0	0
Stock	473 000	662 000	756 000	756 000
Total Investments	0	0	0	0
Cash, Bank	0	0	1 000	1 000
Total Current Assets	473 000	662 000	757 000	757 000
Total Assets	473 000	662 000	757 000	757 000
Total Equity	−769 000	−834 000	−844 000	−776 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	372 000	684 000	841 000	840 000
Creditors	0	0	0	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	870 000	812 000	760 000	691 000
Total Current Debt	870 000	812 000	760 000	692 000
Total Equity and Debt	473 000	662 000	757 000	757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,45 %	−1,2 %	8,06 %	8,51 %
Debt-to-Equity Ratio	−0,48	−0,82	−1	−1,08
Operating Profit Margin	35,35 %	35,03 %	-	-
Current Ratio	0,54	0,82	1	1,09
Quick Ratio	1,19	4,41	189,25	−11,83
Equity Ratio	−1,63	−1,26	−1,11	−1,03
Gross Profit Margin	39,81 %	40,13 %	-	-