KJETIL FAGERTUN AS

9050 STORSTEINNES

Finances

Share Ownership

Return on Equity

50,4 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	542 000	417 000	392 000	24 000
Net Income	63 000	−9 000	−13 000	−2 000
Total Assets	345 000	244 000	264 000	99 000
Total Equity	125 000	62 000	71 000	85 000

Income (NOK)	2022	2021	2020	2019
Revenue	542 000	417 000	392 000	24 000
Expenditure	460 000	428 000	410 000	24 000
Operating Profit	83 000	−10 000	−17 000	0
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	3 000
Financial Balance	−2 000	0	0	−3 000
Earnings Before Tax	80 000	−10 000	−17 000	−3 000
Tax	18 000	−1 000	−4 000	−1 000
Net Income	63 000	−9 000	−13 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	44 000	61 000	91 000
Total Current Assets	321 000	200 000	203 000	8 000
Total Assets	345 000	244 000	264 000	99 000
Total Retained Equity	95 000	32 000	41 000	55 000
Total Equity	125 000	62 000	71 000	85 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	220 000	181 000	192 000	14 000
Total Equity and Debt	345 000	244 000	264 000	99 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	542 000	417 000	392 000	14 000
Other Income	0	0	0	10 000
Revenue	542 000	417 000	392 000	24 000
Cost of Goods Sold	0	0	0	0
Salary Costs	413 000	338 000	301 000	−22 000
Depreciation	2 000	18 000	34 000	4 000
Impairment	0	0	0	0
Expenditure	460 000	428 000	410 000	24 000
Operating Profit	83 000	−10 000	−17 000	0
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	3 000
Financial Balance	−2 000	0	0	−3 000
Dividends	0	0	0	0
Net Income	63 000	−9 000	−13 000	−2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	42 000	41 000	37 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	2 000	20 000	54 000
Total Tangible Assets	0	2 000	20 000	54 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 000	44 000	61 000	91 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	321 000	200 000	203 000	8 000
Total Current Assets	321 000	200 000	203 000	8 000
Total Assets	345 000	244 000	264 000	99 000
Total Equity	125 000	62 000	71 000	85 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	4 000
Unpaid Taxes	286 000	136 000	152 000	−3 000
Dividends	0	0	0	0
Other Current Debt	−66 000	46 000	39 000	14 000
Total Current Debt	220 000	181 000	192 000	14 000
Total Equity and Debt	345 000	244 000	264 000	99 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,4 %	−14,52 %	−18,31 %	−2,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,31 %	−2,4 %	−4,34 %	0 %
Current Ratio	1,46	1,1	1,06	0,57
Quick Ratio	1,46	1,1	1,06	0,57
Equity Ratio	0,36	0,25	0,27	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %