FORMICUS EIENDOM AS

4708 VENNESLA

Finances

Share Ownership

Return on Equity

589,47 %

Current Ratio

0,05

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	164 000	492 000	161 000	434 000
Net Income	−112 000	98 000	−48 000	39 000
Total Assets	755 000	768 000	832 000	871 000
Total Equity	−19 000	93 000	−5 000	44 000

Income (NOK)	2022	2021	2020	2019
Revenue	164 000	492 000	161 000	434 000
Expenditure	351 000	366 000	223 000	385 000
Operating Profit	−187 000	125 000	−62 000	50 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−187 000	125 000	−62 000	49 000
Tax	−75 000	28 000	−14 000	11 000
Net Income	−112 000	98 000	−48 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	719 000	732 000	798 000	865 000
Total Current Assets	36 000	35 000	34 000	5 000
Total Assets	755 000	768 000	832 000	871 000
Total Retained Equity	−49 000	63 000	−35 000	14 000
Total Equity	−19 000	93 000	−5 000	44 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	774 000	674 000	837 000	827 000
Total Equity and Debt	755 000	768 000	832 000	871 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	164 000	368 000	43 000	386 000
Other Income	0	124 000	118 000	48 000
Revenue	164 000	492 000	161 000	434 000
Cost of Goods Sold	149 000	190 000	49 000	211 000
Salary Costs	0	0	0	0
Depreciation	55 000	72 000	72 000	72 000
Impairment	0	0	0	0
Expenditure	351 000	366 000	223 000	385 000
Operating Profit	−187 000	125 000	−62 000	50 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−112 000	98 000	−48 000	39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	64 000	23 000	16 000	11 000
Real Eastate	650 000	700 000	750 000	800 000
Machinery and Plant Facilities	5 000	10 000	14 000	19 000
Fixtures	0	0	17 000	35 000
Total Tangible Assets	655 000	710 000	782 000	854 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	719 000	732 000	798 000	865 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	35 000	2 000	1 000
Total Current Assets	36 000	35 000	34 000	5 000
Total Assets	755 000	768 000	832 000	871 000
Total Equity	−19 000	93 000	−5 000	44 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	10 000	−9 000	0
Dividends	0	0	0	0
Other Current Debt	774 000	631 000	846 000	815 000
Total Current Debt	774 000	674 000	837 000	827 000
Total Equity and Debt	755 000	768 000	832 000	871 000

Financial indicators	2022	2021	2020	2019
Return on Equity	589,47 %	105,38 %	960 %	88,64 %
Debt-to-Equity Ratio	−0	0	−0	0
Operating Profit Margin	−114,02 %	25,41 %	−38,51 %	11,52 %
Current Ratio	0,05	0,05	0,04	0,01
Quick Ratio	0,05	0,05	0,04	0,01
Equity Ratio	−0,03	0,12	−0,01	0,05
Gross Profit Margin	9,15 %	61,38 %	69,57 %	51,38 %