FØNIKS EIENDOMSUTVIKLING AS

1511 MOSS

Finances

Share Ownership

Return on Equity

40,76 %

Current Ratio

0,04

Debt-to-Equity Ratio

0,92

Key figures (NOK)	2017	2016	2015
Revenue	6 946 000	6 167 000	1 764 000
Net Income	2 463 000	3 193 000	275 000
Total Assets	13 087 000	9 029 000	15 816 000
Total Equity	6 043 000	3 580 000	387 000

Income (NOK)	2017	2016	2015
Revenue	6 946 000	6 167 000	1 764 000
Expenditure	2 935 000	1 601 000	956 000
Operating Profit	4 011 000	4 566 000	808 000
Financial Income	5 000	0	0
Financial Costs	756 000	351 000	497 000
Financial Balance	−751 000	−351 000	−497 000
Earnings Before Tax	3 260 000	4 215 000	312 000
Tax	797 000	1 023 000	36 000
Net Income	2 463 000	3 193 000	275 000

Balance (NOK)	2017	2016	2015
Total Fixed Assets	13 034 000	8 916 000	15 136 000
Total Current Assets	54 000	114 000	679 000
Total Assets	13 087 000	9 029 000	15 816 000
Total Retained Equity	5 931 000	3 468 000	275 000
Total Equity	6 043 000	3 580 000	387 000
Total Long-Term Debt	5 539 000	5 218 000	15 175 000
Total Current Debt	1 506 000	231 000	253 000
Total Equity and Debt	13 087 000	9 029 000	15 816 000

Cash flow (NOK)	2017	2016	2015
Sales Income	0	0	0
Other Income	6 946 000	6 167 000	1 764 000
Revenue	6 946 000	6 167 000	1 764 000
Cost of Goods Sold	18 000	465 000	0
Salary Costs	0	203 000	255 000
Depreciation	450 000	230 000	0
Impairment	0	0	0
Expenditure	2 935 000	1 601 000	956 000
Operating Profit	4 011 000	4 566 000	808 000
Financial Income	5 000	0	0
Financial Costs	756 000	351 000	497 000
Financial Balance	−751 000	−351 000	−497 000
Dividends	0	0	0
Net Income	2 463 000	3 193 000	275 000

Balance details (NOK)	2017	2016	2015
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	10 540 000	2 860 000	8 860 000
Machinery and Plant Facilities	690 000	0	0
Fixtures	0	920 000	0
Total Tangible Assets	11 230 000	3 780 000	8 860 000
Total Fiancial Fixed Assets	1 803 000	5 136 000	6 276 000
Total Fixed Assets	13 034 000	8 916 000	15 136 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	50 000	114 000	679 000
Total Current Assets	54 000	114 000	679 000
Total Assets	13 087 000	9 029 000	15 816 000
Total Equity	6 043 000	3 580 000	387 000
Short-Term Group Debt	0	0	20 000
Total Long-Term Debt	5 539 000	5 218 000	15 175 000
Creditors	1 131 000	0	0
Unpaid Taxes	0	5 000	71 000
Dividends	0	0	0
Other Current Debt	124 000	37 000	0
Total Current Debt	1 506 000	231 000	253 000
Total Equity and Debt	13 087 000	9 029 000	15 816 000

Financial indicators	2017	2016	2015
Return on Equity	40,76 %	89,19 %	71,06 %
Debt-to-Equity Ratio	0,92	1,46	39,21
Operating Profit Margin	57,75 %	74,04 %	45,8 %
Current Ratio	0,04	0,49	2,68
Quick Ratio	0,04	0,49	2,68
Equity Ratio	0,46	0,4	0,02
Gross Profit Margin	99,74 %	92,46 %	100 %