FIRST CORPORATE AS

5105 EIDSVÅG I ÅSANE

Finances

Share Ownership

Return on Equity

3,7 %

Current Ratio

123

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	387 000	1 750 000	1 750 000	602 000
Net Income	9 000	33 000	33 000	457 000
Total Assets	246 000	711 000	711 000	945 000
Total Equity	243 000	202 000	202 000	668 000

Income (NOK)	2022	2021	2020	2019
Revenue	387 000	1 750 000	1 750 000	602 000
Expenditure	377 000	1 717 000	1 717 000	21 000
Operating Profit	10 000	33 000	33 000	581 000
Financial Income	2 000	10 000	10 000	5 000
Financial Costs	0	0	0	0
Financial Balance	2 000	10 000	10 000	5 000
Earnings Before Tax	11 000	43 000	43 000	586 000
Tax	2 000	9 000	9 000	129 000
Net Income	9 000	33 000	33 000	457 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	246 000	711 000	711 000	945 000
Total Assets	246 000	711 000	711 000	945 000
Total Retained Equity	136 000	94 000	94 000	561 000
Total Equity	243 000	202 000	202 000	668 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 000	509 000	509 000	276 000
Total Equity and Debt	246 000	711 000	711 000	945 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	387 000	1 749 000	1 749 000	602 000
Other Income	0	0	0	0
Revenue	387 000	1 750 000	1 750 000	602 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	377 000	1 717 000	1 717 000	21 000
Operating Profit	10 000	33 000	33 000	581 000
Financial Income	2 000	10 000	10 000	5 000
Financial Costs	0	0	0	0
Financial Balance	2 000	10 000	10 000	5 000
Dividends	0	0	500 000	0
Net Income	9 000	33 000	33 000	457 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	245 000	497 000	497 000	945 000
Total Current Assets	246 000	711 000	711 000	945 000
Total Assets	246 000	711 000	711 000	945 000
Total Equity	243 000	202 000	202 000	668 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	147 000
Dividends	0	0	500 000	0
Other Current Debt	0	0	0	0
Total Current Debt	2 000	509 000	509 000	276 000
Total Equity and Debt	246 000	711 000	711 000	945 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,7 %	16,34 %	16,34 %	68,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,58 %	1,89 %	1,89 %	96,51 %
Current Ratio	123	1,4	1,4	3,42
Quick Ratio	123	1,4	1,4	3,42
Equity Ratio	0,99	0,28	0,28	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %