FESTE EIENDOM SØR ØST AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

20,37 %

Current Ratio

1,02

Debt-to-Equity Ratio

7,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 213 000	1 080 000	557 000	61 000
Net Income	371 000	504 000	154 000	7 000
Total Assets	16 373 000	12 803 000	12 564 000	4 030 000
Total Equity	1 821 000	1 631 000	1 126 000	201 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 213 000	1 080 000	557 000	61 000
Expenditure	290 000	144 000	191 000	27 000
Operating Profit	923 000	936 000	366 000	34 000
Financial Income	1 000	0	0	0
Financial Costs	447 000	289 000	168 000	25 000
Financial Balance	−446 000	−289 000	−168 000	−25 000
Earnings Before Tax	476 000	647 000	198 000	9 000
Tax	105 000	142 000	43 000	2 000
Net Income	371 000	504 000	154 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 771 000	11 413 000	11 413 000	3 722 000
Total Current Assets	601 000	1 389 000	1 151 000	307 000
Total Assets	16 373 000	12 803 000	12 564 000	4 030 000
Total Retained Equity	923 000	733 000	229 000	74 000
Total Equity	1 821 000	1 631 000	1 126 000	201 000
Total Long-Term Debt	13 963 000	10 044 000	10 457 000	2 899 000
Total Current Debt	589 000	1 129 000	981 000	929 000
Total Equity and Debt	16 373 000	12 803 000	12 564 000	4 030 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 213 000	1 080 000	557 000	61 000
Revenue	1 213 000	1 080 000	557 000	61 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	290 000	144 000	191 000	27 000
Operating Profit	923 000	936 000	366 000	34 000
Financial Income	1 000	0	0	0
Financial Costs	447 000	289 000	168 000	25 000
Financial Balance	−446 000	−289 000	−168 000	−25 000
Dividends	0	0	0	0
Net Income	371 000	504 000	154 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 771 000	11 413 000	11 413 000	3 722 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 771 000	11 413 000	11 413 000	3 722 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 771 000	11 413 000	11 413 000	3 722 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	532 000	454 000	306 000	237 000
Total Current Assets	601 000	1 389 000	1 151 000	307 000
Total Assets	16 373 000	12 803 000	12 564 000	4 030 000
Total Equity	1 821 000	1 631 000	1 126 000	201 000
Short-Term Group Debt	347 000	883 000	883 000	883 000
Total Long-Term Debt	13 963 000	10 044 000	10 457 000	2 899 000
Creditors	32 000	3 000	44 000	15 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	156 000	100 000	11 000	30 000
Total Current Debt	589 000	1 129 000	981 000	929 000
Total Equity and Debt	16 373 000	12 803 000	12 564 000	4 030 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,37 %	30,9 %	13,68 %	3,48 %
Debt-to-Equity Ratio	7,67	6,16	9,29	14,42
Operating Profit Margin	76,09 %	86,67 %	65,71 %	55,74 %
Current Ratio	1,02	1,23	1,17	0,33
Quick Ratio	1,02	1,23	1,17	0,33
Equity Ratio	0,11	0,13	0,09	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %