FORNEBU HOVEDGAARD AS

0260 OSLO

Finances

Share Ownership

Return on Equity

−42,57 %

Current Ratio

1,3

Debt-to-Equity Ratio

4,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 450 000	50 000	2 036 000	0
Net Income	−2 857 000	−4 389 000	−739 000	1 000
Total Assets	40 199 000	41 179 000	42 061 000	31 000
Total Equity	6 711 000	6 757 000	−14 181 000	26 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 450 000	50 000	2 036 000	0
Expenditure	3 948 000	4 675 000	1 856 000	0
Operating Profit	−2 498 000	−4 625 000	180 000	0
Financial Income	0	0	303 000	0
Financial Costs	1 165 000	1 002 000	1 430 000	0
Financial Balance	−1 165 000	−1 002 000	−1 127 000	0
Earnings Before Tax	−3 663 000	−5 627 000	−947 000	0
Tax	−806 000	−1 238 000	−208 000	−1 000
Net Income	−2 857 000	−4 389 000	−739 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 879 000	40 829 000	41 621 000	1 000
Total Current Assets	320 000	350 000	440 000	30 000
Total Assets	40 199 000	41 179 000	42 061 000	31 000
Total Retained Equity	0	0	−50 175 000	1 000
Total Equity	6 711 000	6 757 000	−14 181 000	26 000
Total Long-Term Debt	33 243 000	32 528 000	56 241 000	0
Total Current Debt	246 000	246 000	0	6 000
Total Equity and Debt	40 199 000	41 179 000	42 061 000	31 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 203 000	50 000	1 994 000	0
Other Income	247 000	0	42 000	0
Revenue	1 450 000	50 000	2 036 000	0
Cost of Goods Sold	23 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	950 000	0	847 000	0
Impairment	0	1 041 000	0	0
Expenditure	3 948 000	4 675 000	1 856 000	0
Operating Profit	−2 498 000	−4 625 000	180 000	0
Financial Income	0	0	303 000	0
Financial Costs	1 165 000	1 002 000	1 430 000	0
Financial Balance	−1 165 000	−1 002 000	−1 127 000	0
Dividends	0	0	0	0
Net Income	−2 857 000	−4 389 000	−739 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 000
Real Eastate	39 405 000	40 306 000	41 346 000	0
Machinery and Plant Facilities	0	523 000	0	0
Fixtures	474 000	0	275 000	0
Total Tangible Assets	39 879 000	40 829 000	41 621 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 879 000	40 829 000	41 621 000	1 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	229 000	283 000	312 000	30 000
Total Current Assets	320 000	350 000	440 000	30 000
Total Assets	40 199 000	41 179 000	42 061 000	31 000
Total Equity	6 711 000	6 757 000	−14 181 000	26 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 243 000	32 528 000	56 241 000	0
Creditors	182 000	94 000	0	0
Unpaid Taxes	38 000	1 000	0	0
Dividends	0	0	0	0
Other Current Debt	26 000	150 000	0	6 000
Total Current Debt	246 000	246 000	0	6 000
Total Equity and Debt	40 199 000	41 179 000	42 061 000	31 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,57 %	−64,95 %	5,21 %	3,85 %
Debt-to-Equity Ratio	4,95	4,81	−3,97	0
Operating Profit Margin	−172,28 %	−9 250 %	8,84 %	-
Current Ratio	1,3	1,42	-	5
Quick Ratio	1,3	1,42	-	5
Equity Ratio	0,17	0,16	−0,34	0,84
Gross Profit Margin	98,41 %	100 %	100 %	-