FORENEDE FORVALTNING AS

7040 TRONDHEIM

Finances

Return on Equity

−13,92 %

Current Ratio

68,3

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 020 000	0	0	0
Net Income	−7 907 000	20 683 000	−5 247 000	19 849 000
Total Assets	68 195 000	77 795 000	71 240 000	112 480 000
Total Equity	56 801 000	61 143 000	40 461 000	75 474 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 020 000	0	0	0
Expenditure	1 502 000	−7 596 000	15 552 000	670 000
Operating Profit	−482 000	7 596 000	−15 552 000	−671 000
Financial Income	850 000	30 559 000	9 282 000	26 284 000
Financial Costs	8 274 000	17 472 000	−1 023 000	5 764 000
Financial Balance	−7 424 000	13 087 000	10 305 000	20 520 000
Earnings Before Tax	−7 907 000	20 683 000	−5 247 000	19 849 000
Tax	0	0	0	0
Net Income	−7 907 000	20 683 000	−5 247 000	19 849 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 563 000	35 507 000	28 922 000	60 617 000
Total Current Assets	23 632 000	42 288 000	42 319 000	51 863 000
Total Assets	68 195 000	77 795 000	71 240 000	112 480 000
Total Retained Equity	54 948 000	59 290 000	38 608 000	73 621 000
Total Equity	56 801 000	61 143 000	40 461 000	75 474 000
Total Long-Term Debt	11 047 000	16 154 000	0	35 720 000
Total Current Debt	346 000	497 000	30 780 000	1 286 000
Total Equity and Debt	68 195 000	77 795 000	71 240 000	112 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 020 000	0	0	0
Revenue	1 020 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	904 000	774 000	1 175 000	522 000
Depreciation	11 000	14 000	9 000	7 000
Impairment	0	0	0	0
Expenditure	1 502 000	−7 596 000	15 552 000	670 000
Operating Profit	−482 000	7 596 000	−15 552 000	−671 000
Financial Income	850 000	30 559 000	9 282 000	26 284 000
Financial Costs	8 274 000	17 472 000	−1 023 000	5 764 000
Financial Balance	−7 424 000	13 087 000	10 305 000	20 520 000
Dividends	0	0	30 000 000	0
Net Income	−7 907 000	20 683 000	−5 247 000	19 849 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	90 000	101 000	110 000	87 000
Total Tangible Assets	90 000	101 000	110 000	87 000
Total Fiancial Fixed Assets	44 472 000	35 406 000	28 811 000	60 531 000
Total Fixed Assets	44 563 000	35 507 000	28 922 000	60 617 000
Stock	0	0	0	0
Total Investments	22 875 000	37 362 000	34 522 000	44 705 000
Cash, Bank	755 000	4 907 000	7 311 000	7 036 000
Total Current Assets	23 632 000	42 288 000	42 319 000	51 863 000
Total Assets	68 195 000	77 795 000	71 240 000	112 480 000
Total Equity	56 801 000	61 143 000	40 461 000	75 474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 047 000	16 154 000	0	35 720 000
Creditors	17 000	15 000	8 000	0
Unpaid Taxes	79 000	75 000	7 000	294 000
Dividends	0	0	30 000 000	0
Other Current Debt	250 000	407 000	764 000	992 000
Total Current Debt	346 000	497 000	30 780 000	1 286 000
Total Equity and Debt	68 195 000	77 795 000	71 240 000	112 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,92 %	33,83 %	−12,97 %	26,3 %
Debt-to-Equity Ratio	0,19	0,26	0	0,47
Operating Profit Margin	−47,25 %	-	-	-
Current Ratio	68,3	85,09	1,37	40,33
Quick Ratio	68,3	85,09	1,37	40,33
Equity Ratio	0,83	0,79	0,57	0,67
Gross Profit Margin	100 %	-	-	-