FITJAR EIGEDOMSSELSKAP AS

5419 FITJAR

Finances

Return on Equity

40,11 %

Current Ratio

1,23

Debt-to-Equity Ratio

6,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 936 000	2 862 000	2 622 000	2 670 000
Net Income	643 000	397 000	69 000	238 000
Total Assets	14 523 000	15 093 000	15 735 000	16 619 000
Total Equity	1 603 000	1 890 000	1 892 000	2 024 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 936 000	2 862 000	2 622 000	2 670 000
Expenditure	1 525 000	1 819 000	1 885 000	1 623 000
Operating Profit	1 411 000	1 043 000	737 000	1 048 000
Financial Income	1 000	0	0	1 000
Financial Costs	454 000	406 000	528 000	628 000
Financial Balance	−453 000	−406 000	−528 000	−627 000
Earnings Before Tax	958 000	637 000	209 000	420 000
Tax	314 000	240 000	141 000	182 000
Net Income	643 000	397 000	69 000	238 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 374 000	13 376 000	14 366 000	15 379 000
Total Current Assets	2 149 000	1 717 000	1 369 000	1 240 000
Total Assets	14 523 000	15 093 000	15 735 000	16 619 000
Total Retained Equity	418 000	75 000	77 000	209 000
Total Equity	1 603 000	1 890 000	1 892 000	2 024 000
Total Long-Term Debt	11 177 000	12 068 000	12 885 000	13 743 000
Total Current Debt	1 743 000	1 135 000	957 000	852 000
Total Equity and Debt	14 523 000	15 093 000	15 735 000	16 619 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 947 000	2 785 000	2 521 000	2 580 000
Other Income	−12 000	77 000	101 000	90 000
Revenue	2 936 000	2 862 000	2 622 000	2 670 000
Cost of Goods Sold	0	64 000	35 000	17 000
Salary Costs	0	0	0	0
Depreciation	997 000	994 000	997 000	999 000
Impairment	0	0	0	0
Expenditure	1 525 000	1 819 000	1 885 000	1 623 000
Operating Profit	1 411 000	1 043 000	737 000	1 048 000
Financial Income	1 000	0	0	1 000
Financial Costs	454 000	406 000	528 000	628 000
Financial Balance	−453 000	−406 000	−528 000	−627 000
Dividends	300 000	400 000	200 000	200 000
Net Income	643 000	397 000	69 000	238 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 345 000	13 335 000	14 325 000	15 315 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	29 000	36 000	19 000	26 000
Total Tangible Assets	12 374 000	13 371 000	14 344 000	15 340 000
Total Fiancial Fixed Assets	0	6 000	22 000	39 000
Total Fixed Assets	12 374 000	13 376 000	14 366 000	15 379 000
Stock	919 000	541 000	160 000	0
Total Investments	0	0	0	0
Cash, Bank	839 000	763 000	832 000	911 000
Total Current Assets	2 149 000	1 717 000	1 369 000	1 240 000
Total Assets	14 523 000	15 093 000	15 735 000	16 619 000
Total Equity	1 603 000	1 890 000	1 892 000	2 024 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 177 000	12 068 000	12 885 000	13 743 000
Creditors	31 000	31 000	122 000	49 000
Unpaid Taxes	92 000	89 000	106 000	56 000
Dividends	300 000	400 000	200 000	200 000
Other Current Debt	1 006 000	376 000	389 000	365 000
Total Current Debt	1 743 000	1 135 000	957 000	852 000
Total Equity and Debt	14 523 000	15 093 000	15 735 000	16 619 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,11 %	21,01 %	3,65 %	11,76 %
Debt-to-Equity Ratio	6,97	6,39	6,81	6,79
Operating Profit Margin	48,06 %	36,44 %	28,11 %	39,25 %
Current Ratio	1,23	1,51	1,43	1,46
Quick Ratio	2,61	2,89	1,72	1,46
Equity Ratio	0,11	0,13	0,12	0,12
Gross Profit Margin	100 %	97,76 %	98,67 %	99,36 %