FURUVANG AS

3534 SOKNA

Finances

Share Ownership

Return on Equity

25,44 %

Current Ratio

2,1

Debt-to-Equity Ratio

−3,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	497 000	349 000	601 000	660 000
Net Income	−403 000	−559 000	21 000	−242 000
Total Assets	4 343 000	4 339 000	4 724 000	4 534 000
Total Equity	−1 584 000	−1 181 000	−622 000	−644 000

Income (NOK)	2022	2021	2020	2019
Revenue	497 000	349 000	601 000	660 000
Expenditure	614 000	680 000	354 000	681 000
Operating Profit	−117 000	−331 000	247 000	−21 000
Financial Income	0	0	1 000	1 000
Financial Costs	285 000	228 000	226 000	222 000
Financial Balance	−285 000	−228 000	−225 000	−221 000
Earnings Before Tax	−403 000	−559 000	21 000	−242 000
Tax	0	0	0	0
Net Income	−403 000	−559 000	21 000	−242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 261 000	4 267 000	4 324 000	4 421 000
Total Current Assets	82 000	72 000	401 000	114 000
Total Assets	4 343 000	4 339 000	4 724 000	4 534 000
Total Retained Equity	−2 574 000	−2 171 000	−1 612 000	−1 634 000
Total Equity	−1 584 000	−1 181 000	−622 000	−644 000
Total Long-Term Debt	5 888 000	5 431 000	4 433 000	4 417 000
Total Current Debt	39 000	89 000	914 000	761 000
Total Equity and Debt	4 343 000	4 339 000	4 724 000	4 534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	2 000
Other Income	497 000	349 000	601 000	658 000
Revenue	497 000	349 000	601 000	660 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	117 000	107 000	97 000	97 000
Impairment	0	0	0	0
Expenditure	614 000	680 000	354 000	681 000
Operating Profit	−117 000	−331 000	247 000	−21 000
Financial Income	0	0	1 000	1 000
Financial Costs	285 000	228 000	226 000	222 000
Financial Balance	−285 000	−228 000	−225 000	−221 000
Dividends	0	0	0	0
Net Income	−403 000	−559 000	21 000	−242 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 129 000	4 227 000	4 324 000	4 421 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	132 000	40 000	0	0
Total Tangible Assets	4 261 000	4 267 000	4 324 000	4 421 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 261 000	4 267 000	4 324 000	4 421 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	35 000	10 000	142 000	31 000
Total Current Assets	82 000	72 000	401 000	114 000
Total Assets	4 343 000	4 339 000	4 724 000	4 534 000
Total Equity	−1 584 000	−1 181 000	−622 000	−644 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 888 000	5 431 000	4 433 000	4 417 000
Creditors	28 000	76 000	64 000	39 000
Unpaid Taxes	4 000	0	5 000	15 000
Dividends	0	0	0	0
Other Current Debt	7 000	13 000	844 000	707 000
Total Current Debt	39 000	89 000	914 000	761 000
Total Equity and Debt	4 343 000	4 339 000	4 724 000	4 534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,44 %	47,33 %	−3,38 %	37,58 %
Debt-to-Equity Ratio	−3,72	−4,6	−7,13	−6,86
Operating Profit Margin	−23,54 %	−94,84 %	41,1 %	−3,18 %
Current Ratio	2,1	0,81	0,44	0,15
Quick Ratio	2,1	0,81	0,44	0,15
Equity Ratio	−0,36	−0,27	−0,13	−0,14
Gross Profit Margin	100 %	100 %	100 %	100 %