FINNROSE AS

7603 LEVANGER

Finances

Return on Equity

15,89 %

Current Ratio

0,06

Debt-to-Equity Ratio

1,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	587 000	280 000	434 000	778 000
Net Income	41 000	−8 000	−26 000	65 000
Total Assets	1 429 000	1 448 000	1 548 000	1 494 000
Total Equity	258 000	217 000	225 000	251 000

Income (NOK)	2022	2021	2020	2019
Revenue	587 000	280 000	434 000	778 000
Expenditure	479 000	239 000	323 000	727 000
Operating Profit	109 000	41 000	111 000	51 000
Financial Income	1 000	1 000	0	16 000
Financial Costs	44 000	38 000	107 000	0
Financial Balance	−43 000	−37 000	−107 000	16 000
Earnings Before Tax	65 000	4 000	4 000	67 000
Tax	24 000	12 000	30 000	2 000
Net Income	41 000	−8 000	−26 000	65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 383 000	1 064 000	1 222 000	1 150 000
Total Current Assets	46 000	384 000	326 000	344 000
Total Assets	1 429 000	1 448 000	1 548 000	1 494 000
Total Retained Equity	228 000	187 000	195 000	221 000
Total Equity	258 000	217 000	225 000	251 000
Total Long-Term Debt	428 000	610 000	694 000	688 000
Total Current Debt	743 000	621 000	629 000	555 000
Total Equity and Debt	1 429 000	1 448 000	1 548 000	1 494 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	587 000	240 000	0	261 000
Other Income	0	40 000	434 000	518 000
Revenue	587 000	280 000	434 000	778 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	12 000	0	131 000	137 000
Impairment	0	0	0	0
Expenditure	479 000	239 000	323 000	727 000
Operating Profit	109 000	41 000	111 000	51 000
Financial Income	1 000	1 000	0	16 000
Financial Costs	44 000	38 000	107 000	0
Financial Balance	−43 000	−37 000	−107 000	16 000
Dividends	0	0	0	0
Net Income	41 000	−8 000	−26 000	65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	12 000	0
Real Eastate	184 000	188 000	138 000	258 000
Machinery and Plant Facilities	34 000	0	0	0
Fixtures	0	42 000	42 000	53 000
Total Tangible Assets	218 000	230 000	180 000	311 000
Total Fiancial Fixed Assets	1 165 000	835 000	1 030 000	839 000
Total Fixed Assets	1 383 000	1 064 000	1 222 000	1 150 000
Stock	0	0	0	0
Total Investments	11 000	11 000	11 000	11 000
Cash, Bank	33 000	33 000	26 000	23 000
Total Current Assets	46 000	384 000	326 000	344 000
Total Assets	1 429 000	1 448 000	1 548 000	1 494 000
Total Equity	258 000	217 000	225 000	251 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	428 000	610 000	694 000	688 000
Creditors	696 000	564 000	505 000	515 000
Unpaid Taxes	32 000	58 000	65 000	33 000
Dividends	0	0	0	0
Other Current Debt	0	0	15 000	0
Total Current Debt	743 000	621 000	629 000	555 000
Total Equity and Debt	1 429 000	1 448 000	1 548 000	1 494 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,89 %	−3,69 %	−11,56 %	25,9 %
Debt-to-Equity Ratio	1,66	2,81	3,08	2,74
Operating Profit Margin	18,57 %	14,64 %	25,58 %	6,56 %
Current Ratio	0,06	0,62	0,52	0,62
Quick Ratio	0,06	0,62	0,52	0,62
Equity Ratio	0,18	0,15	0,15	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %