FINDERENG HYTTEFERIE AS

3853 VRÅDAL

Finances

Share Ownership

Return on Equity

23,02 %

Current Ratio

0,26

Debt-to-Equity Ratio

1,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	684 000	627 000	794 000	611 000
Net Income	64 000	60 000	−36 000	69 000
Total Assets	1 816 000	1 963 000	2 030 000	2 017 000
Total Equity	278 000	214 000	154 000	189 000

Income (NOK)	2022	2021	2020	2019
Revenue	684 000	627 000	794 000	611 000
Expenditure	589 000	548 000	800 000	492 000
Operating Profit	95 000	79 000	−5 000	119 000
Financial Income	7 000	7 000	8 000	7 000
Financial Costs	38 000	26 000	38 000	57 000
Financial Balance	−31 000	−19 000	−30 000	−50 000
Earnings Before Tax	64 000	60 000	−36 000	69 000
Tax	0	0	0	0
Net Income	64 000	60 000	−36 000	69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 561 000	1 633 000	1 706 000	1 779 000
Total Current Assets	255 000	330 000	323 000	238 000
Total Assets	1 816 000	1 963 000	2 030 000	2 017 000
Total Retained Equity	−122 000	−186 000	−246 000	−211 000
Total Equity	278 000	214 000	154 000	189 000
Total Long-Term Debt	538 000	689 000	840 000	983 000
Total Current Debt	1 000 000	1 060 000	1 036 000	845 000
Total Equity and Debt	1 816 000	1 963 000	2 030 000	2 017 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	138 000	92 000	271 000	93 000
Other Income	546 000	535 000	523 000	518 000
Revenue	684 000	627 000	794 000	611 000
Cost of Goods Sold	0	5 000	5 000	6 000
Salary Costs	82 000	134 000	405 000	117 000
Depreciation	73 000	73 000	73 000	73 000
Impairment	0	0	0	0
Expenditure	589 000	548 000	800 000	492 000
Operating Profit	95 000	79 000	−5 000	119 000
Financial Income	7 000	7 000	8 000	7 000
Financial Costs	38 000	26 000	38 000	57 000
Financial Balance	−31 000	−19 000	−30 000	−50 000
Dividends	0	0	0	0
Net Income	64 000	60 000	−36 000	69 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 561 000	1 633 000	1 706 000	1 779 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 561 000	1 633 000	1 706 000	1 779 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 561 000	1 633 000	1 706 000	1 779 000
Stock	54 000	54 000	54 000	54 000
Total Investments	0	0	0	0
Cash, Bank	103 000	127 000	131 000	37 000
Total Current Assets	255 000	330 000	323 000	238 000
Total Assets	1 816 000	1 963 000	2 030 000	2 017 000
Total Equity	278 000	214 000	154 000	189 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	538 000	689 000	840 000	983 000
Creditors	248 000	174 000	102 000	63 000
Unpaid Taxes	12 000	64 000	131 000	41 000
Dividends	0	0	0	0
Other Current Debt	740 000	822 000	803 000	740 000
Total Current Debt	1 000 000	1 060 000	1 036 000	845 000
Total Equity and Debt	1 816 000	1 963 000	2 030 000	2 017 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,02 %	28,04 %	−23,38 %	36,51 %
Debt-to-Equity Ratio	1,94	3,22	5,45	5,2
Operating Profit Margin	13,89 %	12,6 %	−0,63 %	19,48 %
Current Ratio	0,26	0,31	0,31	0,28
Quick Ratio	0,27	0,33	0,33	0,3
Equity Ratio	0,15	0,11	0,08	0,09
Gross Profit Margin	100 %	99,2 %	99,37 %	99,02 %