FLESLANDSVEIEN 244 AS

5259 HJELLESTAD

Finances

Share Ownership

Return on Equity

21,08 %

Current Ratio

1,03

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 351 000	1 232 000	885 000	446 000
Net Income	555 000	564 000	365 000	22 000
Total Assets	5 551 000	5 774 000	4 946 000	3 443 000
Total Equity	2 633 000	2 078 000	1 514 000	1 149 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 351 000	1 232 000	885 000	446 000
Expenditure	543 000	434 000	334 000	336 000
Operating Profit	808 000	798 000	551 000	109 000
Financial Income	8 000	3 000	4 000	5 000
Financial Costs	104 000	78 000	86 000	86 000
Financial Balance	−96 000	−75 000	−82 000	−81 000
Earnings Before Tax	711 000	724 000	468 000	28 000
Tax	156 000	159 000	103 000	6 000
Net Income	555 000	564 000	365 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 281 000	5 480 000	4 829 000	3 275 000
Total Current Assets	270 000	294 000	117 000	168 000
Total Assets	5 551 000	5 774 000	4 946 000	3 443 000
Total Retained Equity	1 633 000	1 078 000	514 000	149 000
Total Equity	2 633 000	2 078 000	1 514 000	1 149 000
Total Long-Term Debt	2 656 000	3 457 000	3 286 000	2 265 000
Total Current Debt	262 000	239 000	146 000	29 000
Total Equity and Debt	5 551 000	5 774 000	4 946 000	3 443 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000	192 000	21 000	0
Other Income	1 349 000	1 039 000	864 000	446 000
Revenue	1 351 000	1 232 000	885 000	446 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	245 000	227 000	179 000	167 000
Impairment	0	0	0	0
Expenditure	543 000	434 000	334 000	336 000
Operating Profit	808 000	798 000	551 000	109 000
Financial Income	8 000	3 000	4 000	5 000
Financial Costs	104 000	78 000	86 000	86 000
Financial Balance	−96 000	−75 000	−82 000	−81 000
Dividends	0	0	0	0
Net Income	555 000	564 000	365 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	218 000	197 000	183 000	169 000
Real Eastate	5 063 000	5 264 000	4 608 000	3 049 000
Machinery and Plant Facilities	0	20 000	39 000	58 000
Fixtures	0	0	0	0
Total Tangible Assets	5 063 000	5 283 000	4 647 000	3 106 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 281 000	5 480 000	4 829 000	3 275 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	188 000	38 000	50 000	125 000
Total Current Assets	270 000	294 000	117 000	168 000
Total Assets	5 551 000	5 774 000	4 946 000	3 443 000
Total Equity	2 633 000	2 078 000	1 514 000	1 149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 656 000	3 457 000	3 286 000	2 265 000
Creditors	40 000	39 000	13 000	4 000
Unpaid Taxes	24 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	20 000	26 000	16 000	0
Total Current Debt	262 000	239 000	146 000	29 000
Total Equity and Debt	5 551 000	5 774 000	4 946 000	3 443 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,08 %	27,14 %	24,11 %	1,91 %
Debt-to-Equity Ratio	1,01	1,66	2,17	1,97
Operating Profit Margin	59,81 %	64,77 %	62,26 %	24,44 %
Current Ratio	1,03	1,23	0,8	5,79
Quick Ratio	1,03	1,23	0,8	5,79
Equity Ratio	0,47	0,36	0,31	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %