FJORDSAILING YACHTS AS

5918 FREKHAUG

Finances

Share Ownership

Return on Equity

−112,91 %

Current Ratio

0,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 080 000	19 962 000	21 984 000	33 795 000
Net Income	−787 000	173 000	1 929 000	−769 000
Total Assets	38 429 000	30 604 000	18 539 000	19 041 000
Total Equity	697 000	1 362 000	1 189 000	−740 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 080 000	19 962 000	21 984 000	33 795 000
Expenditure	23 235 000	19 487 000	19 857 000	34 499 000
Operating Profit	−1 156 000	475 000	2 127 000	−705 000
Financial Income	400 000	210 000	0	35 000
Financial Costs	66 000	512 000	198 000	99 000
Financial Balance	334 000	−302 000	−198 000	−64 000
Earnings Before Tax	−822 000	173 000	1 929 000	−769 000
Tax	−34 000	0	0	0
Net Income	−787 000	173 000	1 929 000	−769 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 518 000	3 628 000	3 733 000	4 990 000
Total Current Assets	34 912 000	26 976 000	14 806 000	14 051 000
Total Assets	38 429 000	30 604 000	18 539 000	19 041 000
Total Retained Equity	65 000	852 000	679 000	−1 250 000
Total Equity	697 000	1 362 000	1 189 000	−740 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	37 732 000	29 242 000	17 350 000	19 781 000
Total Equity and Debt	38 429 000	30 604 000	18 539 000	19 041 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 080 000	19 962 000	21 803 000	33 501 000
Other Income	0	0	181 000	294 000
Revenue	22 080 000	19 962 000	21 984 000	33 795 000
Cost of Goods Sold	18 603 000	15 566 000	16 948 000	28 375 000
Salary Costs	2 561 000	2 498 000	1 090 000	3 211 000
Depreciation	110 000	105 000	238 000	213 000
Impairment	0	0	0	0
Expenditure	23 235 000	19 487 000	19 857 000	34 499 000
Operating Profit	−1 156 000	475 000	2 127 000	−705 000
Financial Income	400 000	210 000	0	35 000
Financial Costs	66 000	512 000	198 000	99 000
Financial Balance	334 000	−302 000	−198 000	−64 000
Dividends	0	0	0	0
Net Income	−787 000	173 000	1 929 000	−769 000

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	2 796 000	2 906 000	3 011 000	4 268 000
Total Tangible Assets	2 796 000	2 906 000	3 011 000	4 268 000
Total Fiancial Fixed Assets	722 000	722 000	722 000	722 000
Total Fixed Assets	3 518 000	3 628 000	3 733 000	4 990 000
Stock	5 760 000	1 656 000	468 000	2 756 000
Total Investments	0	0	0	0
Cash, Bank	5 966 000	6 798 000	5 583 000	3 543 000
Total Current Assets	34 912 000	26 976 000	14 806 000	14 051 000
Total Assets	38 429 000	30 604 000	18 539 000	19 041 000
Total Equity	697 000	1 362 000	1 189 000	−740 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	464 000	290 000	2 503 000	1 953 000
Unpaid Taxes	1 313 000	227 000	44 000	1 409 000
Dividends	0	0	0	0
Other Current Debt	35 955 000	28 725 000	14 084 000	16 419 000
Total Current Debt	37 732 000	29 242 000	17 350 000	19 781 000
Total Equity and Debt	38 429 000	30 604 000	18 539 000	19 041 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−112,91 %	12,7 %	162,24 %	103,92 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−5,24 %	2,38 %	9,68 %	−2,09 %
Current Ratio	0,93	0,92	0,85	0,71
Quick Ratio	1,09	0,98	0,88	0,83
Equity Ratio	0,02	0,04	0,06	−0,04
Gross Profit Margin	15,75 %	22,02 %	22,91 %	16,04 %