FORTE NARVIK HOLDING AS

8514 NARVIK

Finances

Return on Equity

−49,75 %

Current Ratio

0,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 000	0	627 000	200 000
Net Income	−40 304 000	−6 350 000	10 364 000	−71 603 000
Total Assets	175 692 000	180 913 000	180 426 000	157 630 000
Total Equity	81 018 000	120 591 000	126 942 000	116 578 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 000	0	627 000	200 000
Expenditure	5 669 000	5 047 000	5 298 000	6 101 000
Operating Profit	−5 620 000	−5 047 000	−4 671 000	−5 901 000
Financial Income	440 000	52 000	37 000	548 000
Financial Costs	35 124 000	1 355 000	−14 997 000	66 250 000
Financial Balance	−34 684 000	−1 303 000	15 034 000	−65 702 000
Earnings Before Tax	−40 304 000	−6 350 000	10 364 000	−71 603 000
Tax	0	0	0	0
Net Income	−40 304 000	−6 350 000	10 364 000	−71 603 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	140 577 000	173 748 000	173 679 000	156 620 000
Total Current Assets	35 115 000	7 165 000	6 747 000	1 009 000
Total Assets	175 692 000	180 913 000	180 426 000	157 630 000
Total Retained Equity	−85 200 000	−45 627 000	−39 276 000	−49 640 000
Total Equity	81 018 000	120 591 000	126 942 000	116 578 000
Total Long-Term Debt	0	0	0	38 204 000
Total Current Debt	94 674 000	60 322 000	53 484 000	2 848 000
Total Equity and Debt	175 692 000	180 913 000	180 426 000	157 630 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 000	0	499 000	54 000
Other Income	4 000	0	128 000	146 000
Revenue	49 000	0	627 000	200 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 906 000	3 737 000	3 532 000	3 286 000
Depreciation	113 000	116 000	68 000	47 000
Impairment	0	0	0	0
Expenditure	5 669 000	5 047 000	5 298 000	6 101 000
Operating Profit	−5 620 000	−5 047 000	−4 671 000	−5 901 000
Financial Income	440 000	52 000	37 000	548 000
Financial Costs	35 124 000	1 355 000	−14 997 000	66 250 000
Financial Balance	−34 684 000	−1 303 000	15 034 000	−65 702 000
Dividends	0	0	0	0
Net Income	−40 304 000	−6 350 000	10 364 000	−71 603 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	12 000	22 000	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	527 000	629 000	734 000	75 000
Total Tangible Assets	527 000	629 000	734 000	75 000
Total Fiancial Fixed Assets	140 050 000	173 108 000	172 923 000	156 513 000
Total Fixed Assets	140 577 000	173 748 000	173 679 000	156 620 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	660 000	1 723 000	3 029 000	764 000
Total Current Assets	35 115 000	7 165 000	6 747 000	1 009 000
Total Assets	175 692 000	180 913 000	180 426 000	157 630 000
Total Equity	81 018 000	120 591 000	126 942 000	116 578 000
Short-Term Group Debt	93 612 000	59 793 000	52 853 000	643 000
Total Long-Term Debt	0	0	0	38 204 000
Creditors	159 000	22 000	142 000	217 000
Unpaid Taxes	215 000	220 000	213 000	188 000
Dividends	0	0	0	0
Other Current Debt	688 000	288 000	277 000	1 799 000
Total Current Debt	94 674 000	60 322 000	53 484 000	2 848 000
Total Equity and Debt	175 692 000	180 913 000	180 426 000	157 630 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,75 %	−5,27 %	8,16 %	−61,42 %
Debt-to-Equity Ratio	0	0	0	0,33
Operating Profit Margin	−11 469,39 %	-	−744,98 %	−2 950,5 %
Current Ratio	0,37	0,12	0,13	0,35
Quick Ratio	0,37	0,12	0,13	0,35
Equity Ratio	0,46	0,67	0,7	0,74
Gross Profit Margin	100 %	-	100 %	100 %