FINNSNES SENTER AS

8517 NARVIK

Finances

Share Ownership

Return on Equity

−8,25 %

Current Ratio

0,1

Debt-to-Equity Ratio

11,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 017 000	1 917 000	1 549 000	1 723 000
Net Income	−461 000	−9 644 000	−2 235 000	−7 539 000
Total Assets	74 921 000	63 615 000	24 224 000	23 333 000
Total Equity	5 588 000	−7 951 000	1 693 000	3 928 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 017 000	1 917 000	1 549 000	1 723 000
Expenditure	4 682 000	10 770 000	3 122 000	8 530 000
Operating Profit	335 000	−8 853 000	−1 573 000	−6 807 000
Financial Income	17 000	2 000	1 000	5 000
Financial Costs	813 000	793 000	663 000	781 000
Financial Balance	−796 000	−791 000	−662 000	−776 000
Earnings Before Tax	−461 000	−9 644 000	−2 235 000	−7 582 000
Tax	0	0	0	−43 000
Net Income	−461 000	−9 644 000	−2 235 000	−7 539 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	74 466 000	61 704 000	23 714 000	22 793 000
Total Current Assets	455 000	1 910 000	510 000	540 000
Total Assets	74 921 000	63 615 000	24 224 000	23 333 000
Total Retained Equity	0	−19 604 000	−9 960 000	−7 725 000
Total Equity	5 588 000	−7 951 000	1 693 000	3 928 000
Total Long-Term Debt	64 598 000	30 101 000	21 079 000	18 720 000
Total Current Debt	4 735 000	41 465 000	1 452 000	685 000
Total Equity and Debt	74 921 000	63 615 000	24 224 000	23 333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 017 000	0	0	0
Other Income	0	1 917 000	1 549 000	1 723 000
Revenue	5 017 000	1 917 000	1 549 000	1 723 000
Cost of Goods Sold	1 003 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 333 000	662 000	598 000	592 000
Impairment	−5 000 000	0	0	5 000 000
Expenditure	4 682 000	10 770 000	3 122 000	8 530 000
Operating Profit	335 000	−8 853 000	−1 573 000	−6 807 000
Financial Income	17 000	2 000	1 000	5 000
Financial Costs	813 000	793 000	663 000	781 000
Financial Balance	−796 000	−791 000	−662 000	−776 000
Dividends	0	0	0	0
Net Income	−461 000	−9 644 000	−2 235 000	−7 539 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	71 031 000	61 686 000	23 693 000	22 769 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	104 000	19 000	21 000	24 000
Total Tangible Assets	71 135 000	61 704 000	23 714 000	22 793 000
Total Fiancial Fixed Assets	3 332 000	0	0	0
Total Fixed Assets	74 466 000	61 704 000	23 714 000	22 793 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	136 000	14 000	7 000
Total Current Assets	455 000	1 910 000	510 000	540 000
Total Assets	74 921 000	63 615 000	24 224 000	23 333 000
Total Equity	5 588 000	−7 951 000	1 693 000	3 928 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	64 598 000	30 101 000	21 079 000	18 720 000
Creditors	4 250 000	13 414 000	953 000	200 000
Unpaid Taxes	0	0	23 000	71 000
Dividends	0	0	0	0
Other Current Debt	485 000	1 056 000	477 000	414 000
Total Current Debt	4 735 000	41 465 000	1 452 000	685 000
Total Equity and Debt	74 921 000	63 615 000	24 224 000	23 333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,25 %	121,29 %	−132,01 %	−191,93 %
Debt-to-Equity Ratio	11,56	−3,79	12,45	4,77
Operating Profit Margin	6,68 %	−461,82 %	−101,55 %	−395,07 %
Current Ratio	0,1	0,05	0,35	0,79
Quick Ratio	0,1	0,05	0,35	0,79
Equity Ratio	0,07	−0,12	0,07	0,17
Gross Profit Margin	80,01 %	100 %	100 %	100 %