FINICON AS

6018 ÅLESUND

Finances

Share Ownership

Return on Equity

−9,85 %

Current Ratio

52,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	861 000	1 635 000	1 640 000	2 959 000
Net Income	−484 000	783 000	506 000	1 436 000
Total Assets	4 991 000	6 258 000	5 969 000	5 861 000
Total Equity	4 916 000	5 400 000	5 117 000	5 111 000

Income (NOK)	2022	2021	2020	2019
Revenue	861 000	1 635 000	1 640 000	2 959 000
Expenditure	1 064 000	1 185 000	1 168 000	1 380 000
Operating Profit	−202 000	450 000	472 000	1 580 000
Financial Income	30 000	448 000	155 000	199 000
Financial Costs	311 000	0	3 000	0
Financial Balance	−281 000	448 000	152 000	199 000
Earnings Before Tax	−484 000	898 000	625 000	1 779 000
Tax	0	115 000	118 000	343 000
Net Income	−484 000	783 000	506 000	1 436 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 048 000	1 153 000	1 256 000	1 386 000
Total Current Assets	3 944 000	5 105 000	4 713 000	4 475 000
Total Assets	4 991 000	6 258 000	5 969 000	5 861 000
Total Retained Equity	2 916 000	3 400 000	3 117 000	3 111 000
Total Equity	4 916 000	5 400 000	5 117 000	5 111 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	75 000	859 000	852 000	751 000
Total Equity and Debt	4 991 000	6 258 000	5 969 000	5 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	861 000	1 635 000	1 640 000	2 945 000
Other Income	0	0	0	14 000
Revenue	861 000	1 635 000	1 640 000	2 959 000
Cost of Goods Sold	0	0	0	0
Salary Costs	698 000	785 000	780 000	803 000
Depreciation	106 000	126 000	130 000	133 000
Impairment	0	0	0	0
Expenditure	1 064 000	1 185 000	1 168 000	1 380 000
Operating Profit	−202 000	450 000	472 000	1 580 000
Financial Income	30 000	448 000	155 000	199 000
Financial Costs	311 000	0	3 000	0
Financial Balance	−281 000	448 000	152 000	199 000
Dividends	0	500 000	500 000	150 000
Net Income	−484 000	783 000	506 000	1 436 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 005 000	1 096 000	1 211 000	1 326 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	43 000	57 000	45 000	60 000
Total Tangible Assets	1 048 000	1 153 000	1 256 000	1 386 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 048 000	1 153 000	1 256 000	1 386 000
Stock	0	0	0	0
Total Investments	1 659 000	1 970 000	1 546 000	926 000
Cash, Bank	989 000	1 742 000	1 419 000	2 041 000
Total Current Assets	3 944 000	5 105 000	4 713 000	4 475 000
Total Assets	4 991 000	6 258 000	5 969 000	5 861 000
Total Equity	4 916 000	5 400 000	5 117 000	5 111 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	16 000	112 000	156 000	178 000
Dividends	0	500 000	500 000	150 000
Other Current Debt	59 000	132 000	78 000	80 000
Total Current Debt	75 000	859 000	852 000	751 000
Total Equity and Debt	4 991 000	6 258 000	5 969 000	5 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,85 %	14,5 %	9,89 %	28,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−23,46 %	27,52 %	28,78 %	53,4 %
Current Ratio	52,59	5,94	5,53	5,96
Quick Ratio	52,59	5,94	5,53	5,96
Equity Ratio	0,98	0,86	0,86	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %