FLORVAAG BRUK HOLDING AS

5058 BERGEN

Finances

Return on Equity

2,73 %

Current Ratio

2,68

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 640 000	13 738 000	13 827 000	13 134 000
Net Income	2 971 000	9 310 000	6 264 000	5 698 000
Total Assets	112 463 000	120 286 000	116 617 000	117 422 000
Total Equity	108 762 000	105 791 000	106 491 000	106 726 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 640 000	13 738 000	13 827 000	13 134 000
Expenditure	14 103 000	12 202 000	9 868 000	9 264 000
Operating Profit	1 538 000	1 536 000	3 959 000	3 871 000
Financial Income	1 954 000	10 284 000	3 658 000	3 192 000
Financial Costs	3 000	0	4 000	8 000
Financial Balance	1 951 000	10 284 000	3 654 000	3 184 000
Earnings Before Tax	3 489 000	11 820 000	7 614 000	7 055 000
Tax	517 000	2 510 000	1 349 000	1 357 000
Net Income	2 971 000	9 310 000	6 264 000	5 698 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	104 536 000	104 247 000	89 504 000	89 171 000
Total Current Assets	7 927 000	16 039 000	27 113 000	28 251 000
Total Assets	112 463 000	120 286 000	116 617 000	117 422 000
Total Retained Equity	12 282 000	9 310 000	6 746 000	6 981 000
Total Equity	108 762 000	105 791 000	106 491 000	106 726 000
Total Long-Term Debt	739 000	850 000	895 000	892 000
Total Current Debt	2 962 000	13 645 000	9 232 000	9 804 000
Total Equity and Debt	112 463 000	120 286 000	116 617 000	117 422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	15 640 000	13 738 000	13 827 000	13 134 000
Revenue	15 640 000	13 738 000	13 827 000	13 134 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 424 000	2 289 000	2 135 000	2 066 000
Depreciation	1 742 000	1 561 000	1 392 000	1 430 000
Impairment	0	0	0	0
Expenditure	14 103 000	12 202 000	9 868 000	9 264 000
Operating Profit	1 538 000	1 536 000	3 959 000	3 871 000
Financial Income	1 954 000	10 284 000	3 658 000	3 192 000
Financial Costs	3 000	0	4 000	8 000
Financial Balance	1 951 000	10 284 000	3 654 000	3 184 000
Dividends	0	10 010 000	6 500 000	7 150 000
Net Income	2 971 000	9 310 000	6 264 000	5 698 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	252 000	252 000	252 000	252 000
Real Eastate	38 934 000	39 522 000	39 806 000	39 883 000
Machinery and Plant Facilities	53 000	70 000	0	0
Fixtures	1 436 000	544 000	585 000	176 000
Total Tangible Assets	40 424 000	40 135 000	40 392 000	40 059 000
Total Fiancial Fixed Assets	63 860 000	63 860 000	48 860 000	48 860 000
Total Fixed Assets	104 536 000	104 247 000	89 504 000	89 171 000
Stock	60 000	60 000	60 000	60 000
Total Investments	0	0	0	0
Cash, Bank	6 328 000	4 763 000	23 469 000	25 944 000
Total Current Assets	7 927 000	16 039 000	27 113 000	28 251 000
Total Assets	112 463 000	120 286 000	116 617 000	117 422 000
Total Equity	108 762 000	105 791 000	106 491 000	106 726 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	739 000	850 000	895 000	892 000
Creditors	873 000	508 000	891 000	828 000
Unpaid Taxes	119 000	114 000	107 000	189 000
Dividends	0	10 010 000	6 500 000	7 150 000
Other Current Debt	1 342 000	10 468 000	387 000	261 000
Total Current Debt	2 962 000	13 645 000	9 232 000	9 804 000
Total Equity and Debt	112 463 000	120 286 000	116 617 000	117 422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,73 %	8,8 %	5,88 %	5,34 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	9,83 %	11,18 %	28,63 %	29,47 %
Current Ratio	2,68	1,18	2,94	2,88
Quick Ratio	2,73	1,18	2,96	2,9
Equity Ratio	0,97	0,88	0,91	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %