FINNESTADSVINGEN 24 AS

4029 STAVANGER

Finances

Share Ownership

Return on Equity

12 303,33 %

Current Ratio

3,77

Debt-to-Equity Ratio

1 300

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 393 000	9 974 000	9 729 000	4 799 000
Net Income	3 691 000	5 609 000	5 150 000	1 301 000
Total Assets	46 183 000	49 359 000	46 752 000	41 767 000
Total Equity	30 000	30 000	30 000	136 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 393 000	9 974 000	9 729 000	4 799 000
Expenditure	4 456 000	2 776 000	3 126 000	3 124 000
Operating Profit	5 937 000	7 197 000	6 603 000	1 675 000
Financial Income	0	0	0	0
Financial Costs	808 000	7 000	1 000	8 000
Financial Balance	−808 000	−7 000	−1 000	−8 000
Earnings Before Tax	5 129 000	7 191 000	6 602 000	1 668 000
Tax	1 438 000	1 582 000	1 453 000	367 000
Net Income	3 691 000	5 609 000	5 150 000	1 301 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 222 000	20 958 000	23 251 000	25 813 000
Total Current Assets	26 962 000	28 401 000	23 501 000	15 955 000
Total Assets	46 183 000	49 359 000	46 752 000	41 767 000
Total Retained Equity	0	0	0	0
Total Equity	30 000	30 000	30 000	136 000
Total Long-Term Debt	39 000 000	38 792 000	38 792 000	38 792 000
Total Current Debt	7 153 000	10 537 000	7 930 000	2 839 000
Total Equity and Debt	46 183 000	49 359 000	46 752 000	41 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 393 000	9 974 000	9 729 000	4 799 000
Other Income	0	0	0	0
Revenue	10 393 000	9 974 000	9 729 000	4 799 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 869 000	2 548 000	2 853 000	2 854 000
Impairment	0	0	0	0
Expenditure	4 456 000	2 776 000	3 126 000	3 124 000
Operating Profit	5 937 000	7 197 000	6 603 000	1 675 000
Financial Income	0	0	0	0
Financial Costs	808 000	7 000	1 000	8 000
Financial Balance	−808 000	−7 000	−1 000	−8 000
Dividends	0	0	0	0
Net Income	3 691 000	5 609 000	5 150 000	1 301 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 704 000	1 571 000	1 316 000	1 025 000
Real Eastate	17 517 000	19 378 000	21 803 000	24 229 000
Machinery and Plant Facilities	0	0	102 000	510 000
Fixtures	0	9 000	29 000	49 000
Total Tangible Assets	17 517 000	19 386 000	21 935 000	24 788 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 222 000	20 958 000	23 251 000	25 813 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 360 000	6 253 000	0	50 000
Total Current Assets	26 962 000	28 401 000	23 501 000	15 955 000
Total Assets	46 183 000	49 359 000	46 752 000	41 767 000
Total Equity	30 000	30 000	30 000	136 000
Short-Term Group Debt	7 141 000	9 851 000	7 926 000	2 830 000
Total Long-Term Debt	39 000 000	38 792 000	38 792 000	38 792 000
Creditors	12 000	22 000	3 000	9 000
Unpaid Taxes	0	664 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	7 153 000	10 537 000	7 930 000	2 839 000
Total Equity and Debt	46 183 000	49 359 000	46 752 000	41 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12 303,33 %	18 696,67 %	17 166,67 %	956,62 %
Debt-to-Equity Ratio	1 300	1 293,07	1 293,07	285,24
Operating Profit Margin	57,12 %	72,16 %	67,87 %	34,9 %
Current Ratio	3,77	2,7	2,96	5,62
Quick Ratio	3,77	2,7	2,96	5,62
Equity Ratio	0	0	0	0
Gross Profit Margin	100 %	100 %	100 %	100 %