NITHO FETSUND AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

−52,73 %

Current Ratio

1,19

Debt-to-Equity Ratio

32,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 080 000	1 080 000	1 080 000	1 281 000
Net Income	−203 000	−56 000	−155 000	14 000
Total Assets	13 375 000	13 737 000	14 193 000	14 538 000
Total Equity	385 000	430 000	485 000	641 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 080 000	1 080 000	1 080 000	1 281 000
Expenditure	604 000	535 000	622 000	625 000
Operating Profit	476 000	545 000	458 000	656 000
Financial Income	0	0	0	0
Financial Costs	737 000	617 000	658 000	638 000
Financial Balance	−737 000	−617 000	−658 000	−638 000
Earnings Before Tax	−261 000	−72 000	−199 000	18 000
Tax	−57 000	−16 000	−44 000	4 000
Net Income	−203 000	−56 000	−155 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 816 000	13 238 000	13 660 000	14 166 000
Total Current Assets	559 000	499 000	533 000	372 000
Total Assets	13 375 000	13 737 000	14 193 000	14 538 000
Total Retained Equity	126 000	330 000	385 000	541 000
Total Equity	385 000	430 000	485 000	641 000
Total Long-Term Debt	12 522 000	12 864 000	13 227 000	13 415 000
Total Current Debt	469 000	444 000	481 000	482 000
Total Equity and Debt	13 375 000	13 737 000	14 193 000	14 538 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 080 000	1 080 000	1 080 000	1 281 000
Revenue	1 080 000	1 080 000	1 080 000	1 281 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	422 000	422 000	506 000	519 000
Impairment	0	0	0	0
Expenditure	604 000	535 000	622 000	625 000
Operating Profit	476 000	545 000	458 000	656 000
Financial Income	0	0	0	0
Financial Costs	737 000	617 000	658 000	638 000
Financial Balance	−737 000	−617 000	−658 000	−638 000
Dividends	0	0	0	0
Net Income	−203 000	−56 000	−155 000	14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 803 000	13 221 000	13 639 000	14 057 000
Machinery and Plant Facilities	0	0	0	83 000
Fixtures	7 000	12 000	16 000	20 000
Total Tangible Assets	12 811 000	13 233 000	13 655 000	14 161 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	12 816 000	13 238 000	13 660 000	14 166 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	237 000	493 000	382 000	360 000
Total Current Assets	559 000	499 000	533 000	372 000
Total Assets	13 375 000	13 737 000	14 193 000	14 538 000
Total Equity	385 000	430 000	485 000	641 000
Short-Term Group Debt	428 000	428 000	428 000	428 000
Total Long-Term Debt	12 522 000	12 864 000	13 227 000	13 415 000
Creditors	2 000	8 000	32 000	5 000
Unpaid Taxes	39 000	9 000	22 000	24 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	469 000	444 000	481 000	482 000
Total Equity and Debt	13 375 000	13 737 000	14 193 000	14 538 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,73 %	−13,02 %	−31,96 %	2,18 %
Debt-to-Equity Ratio	32,52	29,92	27,27	20,93
Operating Profit Margin	44,07 %	50,46 %	42,41 %	51,21 %
Current Ratio	1,19	1,12	1,11	0,77
Quick Ratio	1,19	1,12	1,11	0,77
Equity Ratio	0,03	0,03	0,03	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %