FJORD SOLUTIONS AS

4610 KRISTIANSAND S

Finances

Return on Equity

163,02 %

Current Ratio

1,49

Debt-to-Equity Ratio

−2,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 788 000	3 301 000	3 634 000	76 000
Net Income	−8 901 000	−754 000	1 205 000	32 000
Total Assets	7 609 000	20 475 000	10 073 000	18 008 000
Total Equity	−5 460 000	3 440 000	4 195 000	17 146 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 788 000	3 301 000	3 634 000	76 000
Expenditure	28 889 000	12 507 000	2 022 000	2 239 000
Operating Profit	−5 101 000	−9 205 000	1 613 000	−2 163 000
Financial Income	165 000	6 401 000	1 000	2 000 000
Financial Costs	597 000	254 000	61 000	343 000
Financial Balance	−432 000	6 147 000	−60 000	1 657 000
Earnings Before Tax	−5 532 000	−3 059 000	1 553 000	−506 000
Tax	3 368 000	−2 305 000	349 000	−538 000
Net Income	−8 901 000	−754 000	1 205 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 614 000	10 385 000	7 071 000	3 819 000
Total Current Assets	1 995 000	10 090 000	3 002 000	14 189 000
Total Assets	7 609 000	20 475 000	10 073 000	18 008 000
Total Retained Equity	−5 693 000	0	0	−11 296 000
Total Equity	−5 460 000	3 440 000	4 195 000	17 146 000
Total Long-Term Debt	11 729 000	0	0	0
Total Current Debt	1 340 000	17 035 000	5 879 000	862 000
Total Equity and Debt	7 609 000	20 475 000	10 073 000	18 008 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 788 000	3 301 000	3 634 000	0
Other Income	0	0	0	76 000
Revenue	23 788 000	3 301 000	3 634 000	76 000
Cost of Goods Sold	22 228 000	0	0	0
Salary Costs	2 301 000	2 614 000	1 171 000	830 000
Depreciation	1 403 000	0	0	0
Impairment	0	0	0	0
Expenditure	28 889 000	12 507 000	2 022 000	2 239 000
Operating Profit	−5 101 000	−9 205 000	1 613 000	−2 163 000
Financial Income	165 000	6 401 000	1 000	2 000 000
Financial Costs	597 000	254 000	61 000	343 000
Financial Balance	−432 000	6 147 000	−60 000	1 657 000
Dividends	0	0	14 156 000	0
Net Income	−8 901 000	−754 000	1 205 000	32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	4 326 000	5 407 000	5 407 000	2 392 000
Total Intangible Assets	4 326 000	8 776 000	6 471 000	3 804 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 288 000	1 609 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 288 000	1 609 000	0	0
Total Fiancial Fixed Assets	0	0	600 000	15 000
Total Fixed Assets	5 614 000	10 385 000	7 071 000	3 819 000
Stock	0	1 486 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 934 000	1 290 000	1 407 000	27 000
Total Current Assets	1 995 000	10 090 000	3 002 000	14 189 000
Total Assets	7 609 000	20 475 000	10 073 000	18 008 000
Total Equity	−5 460 000	3 440 000	4 195 000	17 146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 729 000	0	0	0
Creditors	842 000	3 561 000	2 414 000	−34 000
Unpaid Taxes	325 000	217 000	34 000	36 000
Dividends	0	0	14 156 000	0
Other Current Debt	173 000	13 257 000	3 431 000	861 000
Total Current Debt	1 340 000	17 035 000	5 879 000	862 000
Total Equity and Debt	7 609 000	20 475 000	10 073 000	18 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	163,02 %	−21,92 %	28,72 %	0,19 %
Debt-to-Equity Ratio	−2,15	0	0	0
Operating Profit Margin	−21,44 %	−278,85 %	44,39 %	−2 846,05 %
Current Ratio	1,49	0,59	0,51	16,46
Quick Ratio	1,49	0,65	0,51	16,46
Equity Ratio	−0,72	0,17	0,42	0,95
Gross Profit Margin	6,56 %	100 %	100 %	100 %