FINNVIK BILTEKNIKK AS

5583 VIKEDAL

Finances

Share Ownership

Return on Equity

−40,83 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 228 000	11 624 000	11 539 000	9 376 000
Net Income	−187 000	236 000	319 000	265 000
Total Assets	2 658 000	2 573 000	2 057 000	1 795 000
Total Equity	458 000	645 000	409 000	90 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 228 000	11 624 000	11 539 000	9 376 000
Expenditure	11 394 000	11 227 000	11 167 000	8 798 000
Operating Profit	−166 000	397 000	372 000	580 000
Financial Income	29 000	33 000	43 000	7 000
Financial Costs	49 000	40 000	37 000	90 000
Financial Balance	−20 000	−7 000	6 000	−83 000
Earnings Before Tax	−187 000	389 000	378 000	497 000
Tax	0	154 000	59 000	232 000
Net Income	−187 000	236 000	319 000	265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	218 000	198 000	153 000	50 000
Total Current Assets	2 440 000	2 374 000	1 904 000	1 745 000
Total Assets	2 658 000	2 573 000	2 057 000	1 795 000
Total Retained Equity	358 000	545 000	309 000	−10 000
Total Equity	458 000	645 000	409 000	90 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 200 000	1 928 000	1 648 000	1 705 000
Total Equity and Debt	2 658 000	2 573 000	2 057 000	1 795 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 228 000	11 624 000	11 539 000	9 373 000
Other Income	0	0	0	3 000
Revenue	11 228 000	11 624 000	11 539 000	9 376 000
Cost of Goods Sold	6 561 000	6 668 000	7 103 000	5 855 000
Salary Costs	2 737 000	2 260 000	2 126 000	1 770 000
Depreciation	44 000	32 000	11 000	1 000
Impairment	0	0	0	0
Expenditure	11 394 000	11 227 000	11 167 000	8 798 000
Operating Profit	−166 000	397 000	372 000	580 000
Financial Income	29 000	33 000	43 000	7 000
Financial Costs	49 000	40 000	37 000	90 000
Financial Balance	−20 000	−7 000	6 000	−83 000
Dividends	0	0	0	0
Net Income	−187 000	236 000	319 000	265 000

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	173 000	147 000	113 000	0
Fixtures	45 000	51 000	40 000	50 000
Total Tangible Assets	218 000	198 000	153 000	50 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	218 000	198 000	153 000	50 000
Stock	1 071 000	811 000	655 000	720 000
Total Investments	0	0	0	0
Cash, Bank	249 000	190 000	113 000	132 000
Total Current Assets	2 440 000	2 374 000	1 904 000	1 745 000
Total Assets	2 658 000	2 573 000	2 057 000	1 795 000
Total Equity	458 000	645 000	409 000	90 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 213 000	1 075 000	949 000	804 000
Unpaid Taxes	148 000	150 000	58 000	168 000
Dividends	0	0	0	0
Other Current Debt	291 000	247 000	223 000	194 000
Total Current Debt	2 200 000	1 928 000	1 648 000	1 705 000
Total Equity and Debt	2 658 000	2 573 000	2 057 000	1 795 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,83 %	36,59 %	78 %	294,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,48 %	3,42 %	3,22 %	6,19 %
Current Ratio	1,11	1,23	1,16	1,02
Quick Ratio	2,16	2,13	1,92	1,77
Equity Ratio	0,17	0,25	0,2	0,05
Gross Profit Margin	41,57 %	42,64 %	38,44 %	37,55 %