FET SPAREFORENING AS

0661 OSLO

Finances

Return on Equity

3,37 %

Current Ratio

0,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	103 000	201 000	299 000	5 745 000
Net Income	1 948 000	1 587 000	36 561 000	−40 000
Total Assets	58 841 000	58 057 000	60 492 000	50 767 000
Total Equity	57 866 000	55 918 000	55 902 000	23 094 000

Income (NOK)	2022	2021	2020	2019
Revenue	103 000	201 000	299 000	5 745 000
Expenditure	210 000	153 000	890 000	4 911 000
Operating Profit	−106 000	48 000	−592 000	835 000
Financial Income	2 604 000	1 987 000	37 243 000	156 000
Financial Costs	0	0	13 000	1 042 000
Financial Balance	2 604 000	1 987 000	37 230 000	−886 000
Earnings Before Tax	2 497 000	2 035 000	36 639 000	−51 000
Tax	549 000	448 000	78 000	−11 000
Net Income	1 948 000	1 587 000	36 561 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 835 000	57 205 000	60 067 000	43 624 000
Total Current Assets	6 000	851 000	425 000	7 143 000
Total Assets	58 841 000	58 057 000	60 492 000	50 767 000
Total Retained Equity	34 732 000	32 784 000	32 768 000	−40 000
Total Equity	57 866 000	55 918 000	55 902 000	23 094 000
Total Long-Term Debt	0	0	0	26 904 000
Total Current Debt	975 000	2 139 000	4 590 000	768 000
Total Equity and Debt	58 841 000	58 057 000	60 492 000	50 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	103 000	201 000	299 000	5 745 000
Revenue	103 000	201 000	299 000	5 745 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	1 005 000
Depreciation	0	0	7 000	148 000
Impairment	0	0	0	0
Expenditure	210 000	153 000	890 000	4 911 000
Operating Profit	−106 000	48 000	−592 000	835 000
Financial Income	2 604 000	1 987 000	37 243 000	156 000
Financial Costs	0	0	13 000	1 042 000
Financial Balance	2 604 000	1 987 000	37 230 000	−886 000
Dividends	0	0	0	0
Net Income	1 948 000	1 587 000	36 561 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	33 000	38 000	0
Real Eastate	0	0	0	132 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	7 000
Total Tangible Assets	0	0	0	140 000
Total Fiancial Fixed Assets	58 803 000	57 172 000	60 030 000	43 484 000
Total Fixed Assets	58 835 000	57 205 000	60 067 000	43 624 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	830 000	419 000	1 459 000
Total Current Assets	6 000	851 000	425 000	7 143 000
Total Assets	58 841 000	58 057 000	60 492 000	50 767 000
Total Equity	57 866 000	55 918 000	55 902 000	23 094 000
Short-Term Group Debt	511 000	2 015 000	4 811 000	309 000
Total Long-Term Debt	0	0	0	26 904 000
Creditors	17 000	107 000	−233 000	282 000
Unpaid Taxes	0	0	6 000	152 000
Dividends	0	0	0	0
Other Current Debt	12 000	17 000	6 000	19 000
Total Current Debt	975 000	2 139 000	4 590 000	768 000
Total Equity and Debt	58 841 000	58 057 000	60 492 000	50 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,37 %	2,84 %	65,4 %	−0,17 %
Debt-to-Equity Ratio	0	0	0	1,16
Operating Profit Margin	−102,91 %	23,88 %	−197,99 %	14,53 %
Current Ratio	0,01	0,4	0,09	9,3
Quick Ratio	0,01	0,4	0,09	9,3
Equity Ratio	0,98	0,96	0,92	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %