FØREVANN EIENDOM AS

4885 GRIMSTAD

Finances

Return on Equity

8,22 %

Current Ratio

2,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 636 000	2 612 000	1 855 000	3 029 000
Net Income	769 000	948 000	628 000	612 000
Total Assets	11 168 000	10 821 000	7 814 000	7 619 000
Total Equity	9 350 000	8 581 000	4 051 000	3 424 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 636 000	2 612 000	1 855 000	3 029 000
Expenditure	1 517 000	1 400 000	1 054 000	2 245 000
Operating Profit	2 118 000	1 212 000	801 000	785 000
Financial Income	5 000	4 000	5 000	3 000
Financial Costs	887 000	0	1 000	3 000
Financial Balance	−882 000	4 000	4 000	0
Earnings Before Tax	1 236 000	1 216 000	805 000	785 000
Tax	467 000	268 000	177 000	173 000
Net Income	769 000	948 000	628 000	612 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 186 000	6 209 000	5 437 000	4 544 000
Total Current Assets	4 982 000	4 612 000	2 377 000	3 075 000
Total Assets	11 168 000	10 821 000	7 814 000	7 619 000
Total Retained Equity	8 350 000	7 581 000	3 051 000	2 424 000
Total Equity	9 350 000	8 581 000	4 051 000	3 424 000
Total Long-Term Debt	29 000	116 000	3 697 000	4 002 000
Total Current Debt	1 790 000	2 124 000	66 000	193 000
Total Equity and Debt	11 168 000	10 821 000	7 814 000	7 619 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 111 000	2 166 000	1 413 000	2 614 000
Other Income	525 000	446 000	442 000	415 000
Revenue	3 636 000	2 612 000	1 855 000	3 029 000
Cost of Goods Sold	1 329 000	1 310 000	909 000	2 123 000
Salary Costs	0	0	0	0
Depreciation	22 000	12 000	14 000	16 000
Impairment	0	0	0	0
Expenditure	1 517 000	1 400 000	1 054 000	2 245 000
Operating Profit	2 118 000	1 212 000	801 000	785 000
Financial Income	5 000	4 000	5 000	3 000
Financial Costs	887 000	0	1 000	3 000
Financial Balance	−882 000	4 000	4 000	0
Dividends	0	0	0	0
Net Income	769 000	948 000	628 000	612 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	13 000	190 000
Real Eastate	1 669 000	1 686 000	1 690 000	611 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	29 000	37 000	46 000
Total Tangible Assets	1 693 000	1 715 000	1 727 000	657 000
Total Fiancial Fixed Assets	4 494 000	4 494 000	3 697 000	3 697 000
Total Fixed Assets	6 186 000	6 209 000	5 437 000	4 544 000
Stock	1 096 000	1 218 000	1 583 000	1 702 000
Total Investments	0	0	0	3 000
Cash, Bank	2 791 000	3 328 000	703 000	1 190 000
Total Current Assets	4 982 000	4 612 000	2 377 000	3 075 000
Total Assets	11 168 000	10 821 000	7 814 000	7 619 000
Total Equity	9 350 000	8 581 000	4 051 000	3 424 000
Short-Term Group Debt	1 158 000	1 021 000	0	55 000
Total Long-Term Debt	29 000	116 000	3 697 000	4 002 000
Creditors	415 000	250 000	66 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	811 000	0	14 000
Total Current Debt	1 790 000	2 124 000	66 000	193 000
Total Equity and Debt	11 168 000	10 821 000	7 814 000	7 619 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,22 %	11,05 %	15,5 %	17,87 %
Debt-to-Equity Ratio	0	0,01	0,91	1,17
Operating Profit Margin	58,25 %	46,4 %	43,18 %	25,92 %
Current Ratio	2,78	2,17	36,02	15,93
Quick Ratio	7,18	5,09	−1,57	−2,04
Equity Ratio	0,84	0,79	0,52	0,45
Gross Profit Margin	63,45 %	49,85 %	51 %	29,91 %