FLATNES EIENDOM AS

5550 SVEIO

Finances

Share Ownership

Return on Equity

7,07 %

Current Ratio

0,78

Debt-to-Equity Ratio

2,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	738 000	210 000	198 000	198 000
Net Income	141 000	5 000	35 000	46 000
Total Assets	8 263 000	6 983 000	1 844 000	1 901 000
Total Equity	1 993 000	747 000	742 000	707 000

Income (NOK)	2022	2021	2020	2019
Revenue	738 000	210 000	198 000	198 000
Expenditure	123 000	104 000	95 000	80 000
Operating Profit	614 000	106 000	103 000	118 000
Financial Income	3 000	2 000	2 000	0
Financial Costs	271 000	92 000	54 000	55 000
Financial Balance	−268 000	−90 000	−52 000	−55 000
Earnings Before Tax	347 000	16 000	52 000	63 000
Tax	206 000	11 000	17 000	17 000
Net Income	141 000	5 000	35 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 739 000	5 936 000	1 712 000	1 711 000
Total Current Assets	524 000	1 047 000	131 000	190 000
Total Assets	8 263 000	6 983 000	1 844 000	1 901 000
Total Retained Equity	1 543 000	307 000	302 000	267 000
Total Equity	1 993 000	747 000	742 000	707 000
Total Long-Term Debt	5 600 000	5 299 000	969 000	1 106 000
Total Current Debt	670 000	936 000	133 000	88 000
Total Equity and Debt	8 263 000	6 983 000	1 844 000	1 901 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	738 000	210 000	198 000	198 000
Revenue	738 000	210 000	198 000	198 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	72 000	72 000	68 000	49 000
Impairment	0	0	0	0
Expenditure	123 000	104 000	95 000	80 000
Operating Profit	614 000	106 000	103 000	118 000
Financial Income	3 000	2 000	2 000	0
Financial Costs	271 000	92 000	54 000	55 000
Financial Balance	−268 000	−90 000	−52 000	−55 000
Dividends	0	0	0	0
Net Income	141 000	5 000	35 000	46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 739 000	5 936 000	1 712 000	1 711 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 739 000	5 936 000	1 712 000	1 711 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 739 000	5 936 000	1 712 000	1 711 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	94 000	14 000	131 000	63 000
Total Current Assets	524 000	1 047 000	131 000	190 000
Total Assets	8 263 000	6 983 000	1 844 000	1 901 000
Total Equity	1 993 000	747 000	742 000	707 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 600 000	5 299 000	969 000	1 106 000
Creditors	95 000	305 000	86 000	69 000
Unpaid Taxes	0	0	27 000	0
Dividends	0	0	0	0
Other Current Debt	369 000	620 000	2 000	3 000
Total Current Debt	670 000	936 000	133 000	88 000
Total Equity and Debt	8 263 000	6 983 000	1 844 000	1 901 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,07 %	0,67 %	4,72 %	6,51 %
Debt-to-Equity Ratio	2,81	7,09	1,31	1,56
Operating Profit Margin	83,2 %	50,48 %	52,02 %	59,6 %
Current Ratio	0,78	1,12	0,98	2,16
Quick Ratio	0,78	1,12	0,98	2,16
Equity Ratio	0,24	0,11	0,4	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %