FINNVEST AS

2840 REINSVOLL

Finances

Return on Equity

−8,15 %

Current Ratio

19,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 052 000	2 539 000	2 911 000	1 938 000
Net Income	−329 000	892 000	1 338 000	551 000
Total Assets	4 235 000	4 837 000	4 146 000	2 691 000
Total Equity	4 037 000	4 366 000	3 452 000	2 264 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 052 000	2 539 000	2 911 000	1 938 000
Expenditure	1 308 000	1 397 000	1 202 000	1 238 000
Operating Profit	−256 000	1 143 000	1 710 000	700 000
Financial Income	64 000	0	6 000	7 000
Financial Costs	138 000	0	0	0
Financial Balance	−74 000	0	6 000	7 000
Earnings Before Tax	−329 000	1 143 000	1 716 000	707 000
Tax	0	251 000	377 000	155 000
Net Income	−329 000	892 000	1 338 000	551 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	447 000	559 000	125 000	1 655 000
Total Current Assets	3 788 000	4 278 000	4 022 000	1 036 000
Total Assets	4 235 000	4 837 000	4 146 000	2 691 000
Total Retained Equity	4 007 000	4 336 000	3 422 000	2 234 000
Total Equity	4 037 000	4 366 000	3 452 000	2 264 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	198 000	471 000	694 000	427 000
Total Equity and Debt	4 235 000	4 837 000	4 146 000	2 691 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 051 000	2 539 000	2 911 000	1 938 000
Other Income	2 000	0	0	0
Revenue	1 052 000	2 539 000	2 911 000	1 938 000
Cost of Goods Sold	0	0	0	0
Salary Costs	884 000	1 000 000	982 000	963 000
Depreciation	112 000	140 000	31 000	39 000
Impairment	0	0	0	0
Expenditure	1 308 000	1 397 000	1 202 000	1 238 000
Operating Profit	−256 000	1 143 000	1 710 000	700 000
Financial Income	64 000	0	6 000	7 000
Financial Costs	138 000	0	0	0
Financial Balance	−74 000	0	6 000	7 000
Dividends	0	0	150 000	0
Net Income	−329 000	892 000	1 338 000	551 000

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	447 000	558 000	124 000	155 000
Total Tangible Assets	447 000	558 000	124 000	155 000
Total Fiancial Fixed Assets	0	1 000	1 000	1 500 000
Total Fixed Assets	447 000	559 000	125 000	1 655 000
Stock	0	0	0	0
Total Investments	124 000	0	0	0
Cash, Bank	3 536 000	4 273 000	4 022 000	908 000
Total Current Assets	3 788 000	4 278 000	4 022 000	1 036 000
Total Assets	4 235 000	4 837 000	4 146 000	2 691 000
Total Equity	4 037 000	4 366 000	3 452 000	2 264 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	0	8 000
Unpaid Taxes	110 000	91 000	221 000	169 000
Dividends	0	0	150 000	0
Other Current Debt	87 000	128 000	96 000	95 000
Total Current Debt	198 000	471 000	694 000	427 000
Total Equity and Debt	4 235 000	4 837 000	4 146 000	2 691 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,15 %	20,43 %	38,76 %	24,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−24,33 %	45,02 %	58,74 %	36,12 %
Current Ratio	19,13	9,08	5,8	2,43
Quick Ratio	19,13	9,08	5,8	2,43
Equity Ratio	0,95	0,9	0,83	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %