FAGERNESVEIEN 26 AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

6,03 %

Current Ratio

46,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	130 000	139 000	217 000	223 000
Net Income	91 000	31 000	140 000	150 000
Total Assets	1 537 000	1 426 000	1 427 000	1 296 000
Total Equity	1 508 000	1 418 000	1 386 000	1 247 000

Income (NOK)	2022	2021	2020	2019
Revenue	130 000	139 000	217 000	223 000
Expenditure	21 000	100 000	43 000	38 000
Operating Profit	109 000	39 000	174 000	185 000
Financial Income	7 000	1 000	5 000	7 000
Financial Costs	0	0	0	0
Financial Balance	7 000	1 000	5 000	7 000
Earnings Before Tax	116 000	40 000	179 000	192 000
Tax	26 000	9 000	39 000	42 000
Net Income	91 000	31 000	140 000	150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	186 000	188 000	190 000	192 000
Total Current Assets	1 351 000	1 238 000	1 238 000	1 104 000
Total Assets	1 537 000	1 426 000	1 427 000	1 296 000
Total Retained Equity	1 478 000	1 388 000	1 356 000	1 217 000
Total Equity	1 508 000	1 418 000	1 386 000	1 247 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	29 000	9 000	41 000	49 000
Total Equity and Debt	1 537 000	1 426 000	1 427 000	1 296 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	130 000	139 000	217 000	223 000
Revenue	130 000	139 000	217 000	223 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	21 000	100 000	43 000	38 000
Operating Profit	109 000	39 000	174 000	185 000
Financial Income	7 000	1 000	5 000	7 000
Financial Costs	0	0	0	0
Financial Balance	7 000	1 000	5 000	7 000
Dividends	0	0	0	0
Net Income	91 000	31 000	140 000	150 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	33 000	35 000	37 000
Real Eastate	155 000	155 000	155 000	155 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	155 000	155 000	155 000	155 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	186 000	188 000	190 000	192 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 349 000	1 230 000	1 235 000	1 102 000
Total Current Assets	1 351 000	1 238 000	1 238 000	1 104 000
Total Assets	1 537 000	1 426 000	1 427 000	1 296 000
Total Equity	1 508 000	1 418 000	1 386 000	1 247 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	2 000	1 000	1 000
Unpaid Taxes	4 000	0	2 000	8 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	29 000	9 000	41 000	49 000
Total Equity and Debt	1 537 000	1 426 000	1 427 000	1 296 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,03 %	2,19 %	10,1 %	12,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	83,85 %	28,06 %	80,18 %	82,96 %
Current Ratio	46,59	137,56	30,2	22,53
Quick Ratio	46,59	137,56	30,2	22,53
Equity Ratio	0,98	0,99	0,97	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %