FLATSET EIENDOM AS

6530 AVERØY

Finances

Return on Equity

−0,85 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	211 000	230 000	236 000	215 000
Net Income	−101 000	54 000	105 000	127 000
Total Assets	15 477 000	15 525 000	15 298 000	15 265 000
Total Equity	11 843 000	11 944 000	11 890 000	11 784 000

Income (NOK)	2022	2021	2020	2019
Revenue	211 000	230 000	236 000	215 000
Expenditure	217 000	91 000	75 000	49 000
Operating Profit	−6 000	139 000	162 000	166 000
Financial Income	0	0	0	0
Financial Costs	95 000	63 000	26 000	2 000
Financial Balance	−95 000	−63 000	−26 000	−2 000
Earnings Before Tax	−101 000	77 000	136 000	164 000
Tax	0	23 000	31 000	37 000
Net Income	−101 000	54 000	105 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 206 000	15 189 000	15 044 000	15 060 000
Total Current Assets	271 000	336 000	254 000	205 000
Total Assets	15 477 000	15 525 000	15 298 000	15 265 000
Total Retained Equity	11 753 000	11 854 000	11 800 000	11 694 000
Total Equity	11 843 000	11 944 000	11 890 000	11 784 000
Total Long-Term Debt	3 415 000	3 544 000	3 351 000	3 423 000
Total Current Debt	220 000	37 000	58 000	57 000
Total Equity and Debt	15 477 000	15 525 000	15 298 000	15 265 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	211 000	230 000	236 000	215 000
Revenue	211 000	230 000	236 000	215 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	16 000	16 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	217 000	91 000	75 000	49 000
Operating Profit	−6 000	139 000	162 000	166 000
Financial Income	0	0	0	0
Financial Costs	95 000	63 000	26 000	2 000
Financial Balance	−95 000	−63 000	−26 000	−2 000
Dividends	0	0	0	0
Net Income	−101 000	54 000	105 000	127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	533 000	549 000	564 000	580 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	533 000	549 000	564 000	580 000
Total Fiancial Fixed Assets	14 673 000	14 640 000	14 480 000	14 480 000
Total Fixed Assets	15 206 000	15 189 000	15 044 000	15 060 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	304 000	66 000	115 000
Total Current Assets	271 000	336 000	254 000	205 000
Total Assets	15 477 000	15 525 000	15 298 000	15 265 000
Total Equity	11 843 000	11 944 000	11 890 000	11 784 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 415 000	3 544 000	3 351 000	3 423 000
Creditors	189 000	1 000	17 000	11 000
Unpaid Taxes	15 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	15 000	13 000	10 000	10 000
Total Current Debt	220 000	37 000	58 000	57 000
Total Equity and Debt	15 477 000	15 525 000	15 298 000	15 265 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,85 %	0,45 %	0,88 %	1,08 %
Debt-to-Equity Ratio	0,29	0,3	0,28	0,29
Operating Profit Margin	−2,84 %	60,43 %	68,64 %	77,21 %
Current Ratio	1,23	9,08	4,38	3,6
Quick Ratio	1,23	9,08	4,38	3,6
Equity Ratio	0,77	0,77	0,78	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %