FINNVIK EIENDOM AS

6003 ÅLESUND

Finances

Return on Equity

38,84 %

Current Ratio

21,16

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 312 000	5 631 000	7 753 000	9 640 000
Net Income	59 174 000	52 823 000	6 967 000	811 000
Total Assets	185 098 000	128 798 000	123 425 000	82 840 000
Total Equity	152 369 000	94 429 000	43 106 000	36 140 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 312 000	5 631 000	7 753 000	9 640 000
Expenditure	3 707 000	5 735 000	2 791 000	2 196 000
Operating Profit	605 000	−103 000	4 962 000	7 444 000
Financial Income	60 873 000	59 333 000	34 046 000	15 933 000
Financial Costs	1 215 000	2 438 000	33 954 000	20 657 000
Financial Balance	59 658 000	56 895 000	92 000	−4 724 000
Earnings Before Tax	60 263 000	56 792 000	5 055 000	2 721 000
Tax	1 089 000	3 969 000	−1 912 000	1 910 000
Net Income	59 174 000	52 823 000	6 967 000	811 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	127 789 000	99 897 000	71 815 000	46 712 000
Total Current Assets	57 309 000	28 901 000	51 611 000	36 128 000
Total Assets	185 098 000	128 798 000	123 425 000	82 840 000
Total Retained Equity	142 244 000	84 304 000	32 982 000	26 015 000
Total Equity	152 369 000	94 429 000	43 106 000	36 140 000
Total Long-Term Debt	30 021 000	8 923 000	4 728 000	4 993 000
Total Current Debt	2 708 000	25 445 000	75 591 000	41 707 000
Total Equity and Debt	185 098 000	128 798 000	123 425 000	82 840 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 190 000	3 160 000	7 753 000	9 640 000
Other Income	122 000	2 471 000	0	0
Revenue	4 312 000	5 631 000	7 753 000	9 640 000
Cost of Goods Sold	357 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	878 000	877 000	437 000	175 000
Impairment	0	0	0	0
Expenditure	3 707 000	5 735 000	2 791 000	2 196 000
Operating Profit	605 000	−103 000	4 962 000	7 444 000
Financial Income	60 873 000	59 333 000	34 046 000	15 933 000
Financial Costs	1 215 000	2 438 000	33 954 000	20 657 000
Financial Balance	59 658 000	56 895 000	92 000	−4 724 000
Dividends	0	0	0	0
Net Income	59 174 000	52 823 000	6 967 000	811 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	96 000	96 000	96 000	28 000
Real Eastate	80 878 000	74 829 000	58 995 000	39 278 000
Machinery and Plant Facilities	6 837 000	2 592 000	0	0
Fixtures	1 801 000	2 111 000	2 190 000	1 126 000
Total Tangible Assets	89 516 000	79 532 000	61 185 000	40 404 000
Total Fiancial Fixed Assets	38 178 000	20 270 000	10 534 000	6 280 000
Total Fixed Assets	127 789 000	99 897 000	71 815 000	46 712 000
Stock	0	0	0	0
Total Investments	3 201 000	9 395 000	26 553 000	19 224 000
Cash, Bank	2 041 000	10 971 000	5 150 000	11 924 000
Total Current Assets	57 309 000	28 901 000	51 611 000	36 128 000
Total Assets	185 098 000	128 798 000	123 425 000	82 840 000
Total Equity	152 369 000	94 429 000	43 106 000	36 140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 021 000	8 923 000	4 728 000	4 993 000
Creditors	1 068 000	1 019 000	739 000	774 000
Unpaid Taxes	110 000	27 000	0	1 292 000
Dividends	0	0	0	0
Other Current Debt	839 000	17 437 000	61 776 000	31 779 000
Total Current Debt	2 708 000	25 445 000	75 591 000	41 707 000
Total Equity and Debt	185 098 000	128 798 000	123 425 000	82 840 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,84 %	55,94 %	16,16 %	2,24 %
Debt-to-Equity Ratio	0,2	0,09	0,11	0,14
Operating Profit Margin	14,03 %	−1,83 %	64 %	77,22 %
Current Ratio	21,16	1,14	0,68	0,87
Quick Ratio	21,16	1,14	0,68	0,87
Equity Ratio	0,82	0,73	0,35	0,44
Gross Profit Margin	91,72 %	100 %	100 %	100 %