FALKENBERG SERVICE AS

7240 HITRA

Finances

Share Ownership

Return on Equity

−51,4 %

Current Ratio

−0,23

Debt-to-Equity Ratio

8,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	745 000	1 044 000	1 220 000	5 129 000
Net Income	−790 000	−323 000	23 000	30 000
Total Assets	14 573 000	7 414 000	6 972 000	9 340 000
Total Equity	1 537 000	598 000	921 000	898 000

Income (NOK)	2022	2021	2020	2019
Revenue	745 000	1 044 000	1 220 000	5 129 000
Expenditure	1 150 000	1 214 000	1 001 000	4 891 000
Operating Profit	−404 000	−169 000	219 000	238 000
Financial Income	0	0	0	7 000
Financial Costs	386 000	154 000	182 000	204 000
Financial Balance	−386 000	−154 000	−182 000	−197 000
Earnings Before Tax	−790 000	−323 000	37 000	41 000
Tax	0	0	14 000	11 000
Net Income	−790 000	−323 000	23 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 650 000	7 314 000	6 763 000	6 573 000
Total Current Assets	−77 000	100 000	208 000	2 768 000
Total Assets	14 573 000	7 414 000	6 972 000	9 340 000
Total Retained Equity	−747 000	43 000	366 000	343 000
Total Equity	1 537 000	598 000	921 000	898 000
Total Long-Term Debt	12 703 000	6 263 000	5 534 000	5 715 000
Total Current Debt	333 000	553 000	516 000	2 727 000
Total Equity and Debt	14 573 000	7 414 000	6 972 000	9 340 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	712 000	894 000	1 111 000	5 022 000
Other Income	33 000	150 000	109 000	107 000
Revenue	745 000	1 044 000	1 220 000	5 129 000
Cost of Goods Sold	166 000	72 000	205 000	4 005 000
Salary Costs	10 000	5 000	0	71 000
Depreciation	275 000	222 000	223 000	234 000
Impairment	0	0	0	0
Expenditure	1 150 000	1 214 000	1 001 000	4 891 000
Operating Profit	−404 000	−169 000	219 000	238 000
Financial Income	0	0	0	7 000
Financial Costs	386 000	154 000	182 000	204 000
Financial Balance	−386 000	−154 000	−182 000	−197 000
Dividends	0	0	0	0
Net Income	−790 000	−323 000	23 000	30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 600 000	6 727 000	6 086 000	5 828 000
Machinery and Plant Facilities	0	0	220 000	280 000
Fixtures	50 000	136 000	7 000	15 000
Total Tangible Assets	14 650 000	6 864 000	6 313 000	6 123 000
Total Fiancial Fixed Assets	0	450 000	450 000	450 000
Total Fixed Assets	14 650 000	7 314 000	6 763 000	6 573 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−146 000	5 000	4 000	249 000
Total Current Assets	−77 000	100 000	208 000	2 768 000
Total Assets	14 573 000	7 414 000	6 972 000	9 340 000
Total Equity	1 537 000	598 000	921 000	898 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 703 000	6 263 000	5 534 000	5 715 000
Creditors	264 000	455 000	397 000	2 354 000
Unpaid Taxes	20 000	19 000	0	44 000
Dividends	0	0	0	0
Other Current Debt	49 000	79 000	106 000	318 000
Total Current Debt	333 000	553 000	516 000	2 727 000
Total Equity and Debt	14 573 000	7 414 000	6 972 000	9 340 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,4 %	−54,01 %	2,5 %	3,34 %
Debt-to-Equity Ratio	8,26	10,47	6,01	6,36
Operating Profit Margin	−54,23 %	−16,19 %	17,95 %	4,64 %
Current Ratio	−0,23	0,18	0,4	1,02
Quick Ratio	−0,23	0,18	0,4	1,02
Equity Ratio	0,11	0,08	0,13	0,1
Gross Profit Margin	77,72 %	93,1 %	83,2 %	21,91 %