FINNE FINANS AS

4034 STAVANGER

Finances

Return on Equity

−2,89 %

Current Ratio

19,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 543 000	2 713 000	2 644 000	2 065 000
Net Income	−480 000	2 071 000	1 902 000	1 430 000
Total Assets	17 407 000	20 221 000	19 279 000	17 777 000
Total Equity	16 613 000	18 201 000	17 130 000	15 728 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 543 000	2 713 000	2 644 000	2 065 000
Expenditure	2 411 000	2 060 000	2 131 000	2 105 000
Operating Profit	1 132 000	654 000	512 000	−39 000
Financial Income	219 000	1 637 000	1 353 000	1 617 000
Financial Costs	1 589 000	80 000	146 000	28 000
Financial Balance	−1 370 000	1 557 000	1 207 000	1 589 000
Earnings Before Tax	−238 000	2 210 000	1 719 000	1 550 000
Tax	241 000	139 000	−183 000	120 000
Net Income	−480 000	2 071 000	1 902 000	1 430 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 804 000	4 334 000	4 481 000	4 233 000
Total Current Assets	15 603 000	15 887 000	14 798 000	13 544 000
Total Assets	17 407 000	20 221 000	19 279 000	17 777 000
Total Retained Equity	16 396 000	17 984 000	16 913 000	15 510 000
Total Equity	16 613 000	18 201 000	17 130 000	15 728 000
Total Long-Term Debt	0	0	0	279 000
Total Current Debt	794 000	2 020 000	2 149 000	1 770 000
Total Equity and Debt	17 407 000	20 221 000	19 279 000	17 777 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 498 000	2 713 000	2 644 000	2 065 000
Other Income	45 000	0	0	0
Revenue	3 543 000	2 713 000	2 644 000	2 065 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 679 000	1 643 000	1 748 000	1 707 000
Depreciation	0	0	0	12 000
Impairment	0	0	0	0
Expenditure	2 411 000	2 060 000	2 131 000	2 105 000
Operating Profit	1 132 000	654 000	512 000	−39 000
Financial Income	219 000	1 637 000	1 353 000	1 617 000
Financial Costs	1 589 000	80 000	146 000	28 000
Financial Balance	−1 370 000	1 557 000	1 207 000	1 589 000
Dividends	0	500 000	500 000	800 000
Net Income	−480 000	2 071 000	1 902 000	1 430 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	539 000	539 000	539 000	539 000
Total Tangible Assets	539 000	539 000	539 000	539 000
Total Fiancial Fixed Assets	1 223 000	3 795 000	3 941 000	3 694 000
Total Fixed Assets	1 804 000	4 334 000	4 481 000	4 233 000
Stock	0	0	0	0
Total Investments	12 916 000	12 696 000	11 198 000	9 982 000
Cash, Bank	2 649 000	2 988 000	3 069 000	3 527 000
Total Current Assets	15 603 000	15 887 000	14 798 000	13 544 000
Total Assets	17 407 000	20 221 000	19 279 000	17 777 000
Total Equity	16 613 000	18 201 000	17 130 000	15 728 000
Short-Term Group Debt	0	122 000	438 000	30 000
Total Long-Term Debt	0	0	0	279 000
Creditors	32 000	8 000	40 000	32 000
Unpaid Taxes	273 000	218 000	127 000	238 000
Dividends	0	500 000	500 000	800 000
Other Current Debt	268 000	1 055 000	1 043 000	669 000
Total Current Debt	794 000	2 020 000	2 149 000	1 770 000
Total Equity and Debt	17 407 000	20 221 000	19 279 000	17 777 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,89 %	11,38 %	11,1 %	9,09 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	31,95 %	24,11 %	19,36 %	−1,89 %
Current Ratio	19,65	7,86	6,89	7,65
Quick Ratio	19,65	7,86	6,89	7,65
Equity Ratio	0,95	0,9	0,89	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %