FLESLAND INVEST AS

4050 SOLA

Finances

Share Ownership

Return on Equity

21,36 %

Current Ratio

2,02

Debt-to-Equity Ratio

3,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 617 000	1 588 000	1 560 000	1 452 000
Net Income	433 000	419 000	273 000	−101 000
Total Assets	8 707 000	8 875 000	9 585 000	10 021 000
Total Equity	2 027 000	1 594 000	1 175 000	902 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 617 000	1 588 000	1 560 000	1 452 000
Expenditure	779 000	828 000	883 000	1 197 000
Operating Profit	839 000	760 000	677 000	255 000
Financial Income	0	0	0	0
Financial Costs	284 000	223 000	326 000	384 000
Financial Balance	−284 000	−223 000	−326 000	−384 000
Earnings Before Tax	556 000	537 000	351 000	−129 000
Tax	122 000	118 000	77 000	−28 000
Net Income	433 000	419 000	273 000	−101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 879 000	8 408 000	8 965 000	9 510 000
Total Current Assets	829 000	467 000	620 000	511 000
Total Assets	8 707 000	8 875 000	9 585 000	10 021 000
Total Retained Equity	1 227 000	794 000	375 000	102 000
Total Equity	2 027 000	1 594 000	1 175 000	902 000
Total Long-Term Debt	6 269 000	6 902 000	7 039 000	8 183 000
Total Current Debt	411 000	379 000	1 371 000	937 000
Total Equity and Debt	8 707 000	8 875 000	9 585 000	10 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 617 000	807 000	803 000	1 452 000
Other Income	0	781 000	756 000	0
Revenue	1 617 000	1 588 000	1 560 000	1 452 000
Cost of Goods Sold	146 000	140 000	138 000	174 000
Salary Costs	0	0	0	0
Depreciation	563 000	582 000	584 000	574 000
Impairment	0	0	0	0
Expenditure	779 000	828 000	883 000	1 197 000
Operating Profit	839 000	760 000	677 000	255 000
Financial Income	0	0	0	0
Financial Costs	284 000	223 000	326 000	384 000
Financial Balance	−284 000	−223 000	−326 000	−384 000
Dividends	0	0	0	0
Net Income	433 000	419 000	273 000	−101 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	25 000	0	0
Real Eastate	7 781 000	8 303 000	8 826 000	9 308 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	80 000	139 000	202 000
Total Tangible Assets	7 821 000	8 383 000	8 965 000	9 510 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 879 000	8 408 000	8 965 000	9 510 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	829 000	450 000	615 000	482 000
Total Current Assets	829 000	467 000	620 000	511 000
Total Assets	8 707 000	8 875 000	9 585 000	10 021 000
Total Equity	2 027 000	1 594 000	1 175 000	902 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 269 000	6 902 000	7 039 000	8 183 000
Creditors	5 000	0	0	1 000
Unpaid Taxes	197 000	188 000	178 000	22 000
Dividends	0	0	0	0
Other Current Debt	54 000	45 000	1 109 000	914 000
Total Current Debt	411 000	379 000	1 371 000	937 000
Total Equity and Debt	8 707 000	8 875 000	9 585 000	10 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,36 %	26,29 %	23,23 %	−11,2 %
Debt-to-Equity Ratio	3,09	4,33	5,99	9,07
Operating Profit Margin	51,89 %	47,86 %	43,4 %	17,56 %
Current Ratio	2,02	1,23	0,45	0,55
Quick Ratio	2,02	1,23	0,45	0,55
Equity Ratio	0,23	0,18	0,12	0,09
Gross Profit Margin	90,97 %	91,18 %	91,15 %	88,02 %