FJORDFESTEN AS

3222 SANDEFJORD

Finances

Share Ownership

Return on Equity

73,48 %

Current Ratio

2,02

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 409 000	1 102 000	754 000	8 752 000
Net Income	1 676 000	279 000	19 000	467 000
Total Assets	4 483 000	3 934 000	1 792 000	1 395 000
Total Equity	2 281 000	704 000	425 000	406 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 409 000	1 102 000	754 000	8 752 000
Expenditure	11 219 000	749 000	677 000	8 155 000
Operating Profit	2 189 000	352 000	77 000	596 000
Financial Income	5 000	0	1 000	0
Financial Costs	18 000	0	1 000	1 000
Financial Balance	−13 000	0	0	−1 000
Earnings Before Tax	2 176 000	352 000	77 000	595 000
Tax	500 000	73 000	57 000	128 000
Net Income	1 676 000	279 000	19 000	467 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	212 000	258 000	212 000	0
Total Current Assets	4 270 000	3 677 000	1 580 000	1 395 000
Total Assets	4 483 000	3 934 000	1 792 000	1 395 000
Total Retained Equity	2 181 000	604 000	325 000	306 000
Total Equity	2 281 000	704 000	425 000	406 000
Total Long-Term Debt	90 000	130 000	170 000	0
Total Current Debt	2 111 000	3 100 000	1 197 000	989 000
Total Equity and Debt	4 483 000	3 934 000	1 792 000	1 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 118 000	184 000	−36 000	7 155 000
Other Income	3 292 000	918 000	789 000	1 596 000
Revenue	13 409 000	1 102 000	754 000	8 752 000
Cost of Goods Sold	1 476 000	0	0	1 092 000
Salary Costs	2 559 000	363 000	454 000	1 416 000
Depreciation	45 000	37 000	23 000	0
Impairment	0	0	0	0
Expenditure	11 219 000	749 000	677 000	8 155 000
Operating Profit	2 189 000	352 000	77 000	596 000
Financial Income	5 000	0	1 000	0
Financial Costs	18 000	0	1 000	1 000
Financial Balance	−13 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	1 676 000	279 000	19 000	467 000

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	212 000	258 000	212 000	0
Total Tangible Assets	212 000	258 000	212 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	212 000	258 000	212 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 059 000	3 468 000	1 233 000	1 158 000
Total Current Assets	4 270 000	3 677 000	1 580 000	1 395 000
Total Assets	4 483 000	3 934 000	1 792 000	1 395 000
Total Equity	2 281 000	704 000	425 000	406 000
Short-Term Group Debt	127 000	0	0	0
Total Long-Term Debt	90 000	130 000	170 000	0
Creditors	8 000	2 000	3 000	6 000
Unpaid Taxes	765 000	61 000	221 000	241 000
Dividends	0	0	0	0
Other Current Debt	739 000	2 964 000	916 000	614 000
Total Current Debt	2 111 000	3 100 000	1 197 000	989 000
Total Equity and Debt	4 483 000	3 934 000	1 792 000	1 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,48 %	39,63 %	4,47 %	115,02 %
Debt-to-Equity Ratio	0,04	0,18	0,4	0
Operating Profit Margin	16,32 %	31,94 %	10,21 %	6,81 %
Current Ratio	2,02	1,19	1,32	1,41
Quick Ratio	2,02	1,19	1,32	1,41
Equity Ratio	0,51	0,18	0,24	0,29
Gross Profit Margin	88,99 %	100 %	100 %	87,52 %