FINN-ARNE LTD

4280 SKUDENESHAVN

Finances

Share Ownership

Return on Equity

−26,32 %

Current Ratio

0,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	215 000	484 000	273 000	197 000
Net Income	−15 000	120 000	−65 000	−44 000
Total Assets	901 000	906 000	674 000	338 000
Total Equity	57 000	72 000	−47 000	17 000

Income (NOK)	2022	2021	2020	2019
Revenue	215 000	484 000	273 000	197 000
Expenditure	255 000	319 000	397 000	253 000
Operating Profit	−38 000	154 000	−83 000	−56 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−38 000	154 000	−83 000	−56 000
Tax	−23 000	34 000	−18 000	−12 000
Net Income	−15 000	120 000	−65 000	−44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	762 000	826 000	527 000	326 000
Total Current Assets	139 000	80 000	147 000	11 000
Total Assets	901 000	906 000	674 000	338 000
Total Retained Equity	57 000	72 000	−47 000	17 000
Total Equity	57 000	72 000	−47 000	17 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	844 000	833 000	721 000	320 000
Total Equity and Debt	901 000	906 000	674 000	338 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	215 000	280 000	273 000	197 000
Other Income	0	204 000	0	0
Revenue	215 000	484 000	273 000	197 000
Cost of Goods Sold	18 000	0	62 000	0
Salary Costs	0	2 000	0	0
Depreciation	87 000	147 000	71 000	80 000
Impairment	0	0	0	0
Expenditure	255 000	319 000	397 000	253 000
Operating Profit	−38 000	154 000	−83 000	−56 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−15 000	120 000	−65 000	−44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	73 000	51 000	85 000	66 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	688 000	775 000	443 000	260 000
Total Tangible Assets	688 000	775 000	443 000	260 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	762 000	826 000	527 000	326 000
Stock	32 000	30 000	42 000	0
Total Investments	0	0	0	0
Cash, Bank	97 000	50 000	80 000	11 000
Total Current Assets	139 000	80 000	147 000	11 000
Total Assets	901 000	906 000	674 000	338 000
Total Equity	57 000	72 000	−47 000	17 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	3 000	0	0
Unpaid Taxes	0	1 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	844 000	829 000	721 000	319 000
Total Current Debt	844 000	833 000	721 000	320 000
Total Equity and Debt	901 000	906 000	674 000	338 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,32 %	166,67 %	138,3 %	−258,82 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	−17,67 %	31,82 %	−30,4 %	−28,43 %
Current Ratio	0,16	0,1	0,2	0,03
Quick Ratio	0,17	0,1	0,22	0,03
Equity Ratio	0,06	0,08	−0,07	0,05
Gross Profit Margin	91,63 %	100 %	77,29 %	100 %