FINNSNES HANDELSPARK AS

9406 HARSTAD

Finances

Share Ownership

Return on Equity

6,57 %

Current Ratio

6,74

Debt-to-Equity Ratio

2,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 129 000	10 058 000	9 983 000	10 770 000
Net Income	2 506 000	4 107 000	3 611 000	4 738 000
Total Assets	149 885 000	109 945 000	109 450 000	111 380 000
Total Equity	38 128 000	37 600 000	34 496 000	31 783 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 129 000	10 058 000	9 983 000	10 770 000
Expenditure	3 992 000	3 425 000	3 981 000	3 279 000
Operating Profit	6 137 000	6 633 000	6 002 000	7 491 000
Financial Income	278 000	0	6 000	5 000
Financial Costs	3 202 000	1 368 000	1 378 000	1 421 000
Financial Balance	−2 924 000	−1 368 000	−1 372 000	−1 416 000
Earnings Before Tax	3 213 000	5 265 000	4 630 000	6 075 000
Tax	707 000	1 158 000	1 019 000	1 336 000
Net Income	2 506 000	4 107 000	3 611 000	4 738 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	134 392 000	102 572 000	104 393 000	106 091 000
Total Current Assets	15 493 000	7 373 000	5 057 000	5 289 000
Total Assets	149 885 000	109 945 000	109 450 000	111 380 000
Total Retained Equity	12 140 000	11 612 000	8 508 000	5 795 000
Total Equity	38 128 000	37 600 000	34 496 000	31 783 000
Total Long-Term Debt	109 459 000	69 534 000	71 241 000	73 409 000
Total Current Debt	2 298 000	2 812 000	3 713 000	6 188 000
Total Equity and Debt	149 885 000	109 945 000	109 450 000	111 380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	10 129 000	10 058 000	9 983 000	10 770 000
Revenue	10 129 000	10 058 000	9 983 000	10 770 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 786 000	1 821 000	1 857 000	1 888 000
Impairment	0	0	0	0
Expenditure	3 992 000	3 425 000	3 981 000	3 279 000
Operating Profit	6 137 000	6 633 000	6 002 000	7 491 000
Financial Income	278 000	0	6 000	5 000
Financial Costs	3 202 000	1 368 000	1 378 000	1 421 000
Financial Balance	−2 924 000	−1 368 000	−1 372 000	−1 416 000
Dividends	0	0	0	0
Net Income	2 506 000	4 107 000	3 611 000	4 738 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	101 142 000	102 536 000	104 332 000	106 005 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	36 000	61 000	86 000
Total Tangible Assets	101 153 000	102 572 000	104 393 000	106 091 000
Total Fiancial Fixed Assets	33 239 000	0	0	0
Total Fixed Assets	134 392 000	102 572 000	104 393 000	106 091 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 558 000	3 920 000	2 506 000	2 902 000
Total Current Assets	15 493 000	7 373 000	5 057 000	5 289 000
Total Assets	149 885 000	109 945 000	109 450 000	111 380 000
Total Equity	38 128 000	37 600 000	34 496 000	31 783 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	109 459 000	69 534 000	71 241 000	73 409 000
Creditors	1 156 000	653 000	209 000	742 000
Unpaid Taxes	0	231 000	294 000	26 000
Dividends	0	0	0	0
Other Current Debt	1 141 000	1 287 000	2 544 000	5 418 000
Total Current Debt	2 298 000	2 812 000	3 713 000	6 188 000
Total Equity and Debt	149 885 000	109 945 000	109 450 000	111 380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,57 %	10,92 %	10,47 %	14,91 %
Debt-to-Equity Ratio	2,87	1,85	2,07	2,31
Operating Profit Margin	60,59 %	65,95 %	60,12 %	69,55 %
Current Ratio	6,74	2,62	1,36	0,85
Quick Ratio	6,74	2,62	1,36	0,85
Equity Ratio	0,25	0,34	0,32	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %