FAGERNESVEIEN 132 AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

17,23 %

Current Ratio

0,25

Debt-to-Equity Ratio

1,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 675 000	1 600 000	1 552 000	1 075 000
Net Income	517 000	6 000	119 000	352 000
Total Assets	14 702 000	12 586 000	16 684 000	9 456 000
Total Equity	3 000 000	2 161 000	2 155 000	2 036 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 675 000	1 600 000	1 552 000	1 075 000
Expenditure	1 809 000	1 452 000	1 135 000	417 000
Operating Profit	867 000	147 000	417 000	658 000
Financial Income	14 000	6 000	1 000	24 000
Financial Costs	217 000	145 000	265 000	231 000
Financial Balance	−203 000	−139 000	−264 000	−207 000
Earnings Before Tax	663 000	8 000	152 000	452 000
Tax	146 000	2 000	33 000	99 000
Net Income	517 000	6 000	119 000	352 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 073 000	11 904 000	10 730 000	8 125 000
Total Current Assets	1 629 000	683 000	5 955 000	1 331 000
Total Assets	14 702 000	12 586 000	16 684 000	9 456 000
Total Retained Equity	171 000	−346 000	−352 000	−471 000
Total Equity	3 000 000	2 161 000	2 155 000	2 036 000
Total Long-Term Debt	5 210 000	5 509 000	9 680 000	6 232 000
Total Current Debt	6 493 000	4 916 000	4 849 000	1 188 000
Total Equity and Debt	14 702 000	12 586 000	16 684 000	9 456 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 075 000	0	0	0
Other Income	1 600 000	1 600 000	1 552 000	1 075 000
Revenue	2 675 000	1 600 000	1 552 000	1 075 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	518 000	467 000	356 000	243 000
Impairment	0	0	0	0
Expenditure	1 809 000	1 452 000	1 135 000	417 000
Operating Profit	867 000	147 000	417 000	658 000
Financial Income	14 000	6 000	1 000	24 000
Financial Costs	217 000	145 000	265 000	231 000
Financial Balance	−203 000	−139 000	−264 000	−207 000
Dividends	0	0	0	0
Net Income	517 000	6 000	119 000	352 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	29 000	31 000	34 000
Real Eastate	12 271 000	11 874 000	10 699 000	8 091 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	803 000	0	0	0
Total Tangible Assets	13 073 000	11 874 000	10 699 000	8 091 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 073 000	11 904 000	10 730 000	8 125 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	116 000	545 000	5 905 000	30 000
Total Current Assets	1 629 000	683 000	5 955 000	1 331 000
Total Assets	14 702 000	12 586 000	16 684 000	9 456 000
Total Equity	3 000 000	2 161 000	2 155 000	2 036 000
Short-Term Group Debt	0	104 000	0	428 000
Total Long-Term Debt	5 210 000	5 509 000	9 680 000	6 232 000
Creditors	1 196 000	300 000	237 000	760 000
Unpaid Taxes	0	0	5 000	0
Dividends	0	0	0	0
Other Current Debt	5 242 000	4 513 000	4 577 000	1 000
Total Current Debt	6 493 000	4 916 000	4 849 000	1 188 000
Total Equity and Debt	14 702 000	12 586 000	16 684 000	9 456 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,23 %	0,28 %	5,52 %	17,29 %
Debt-to-Equity Ratio	1,74	2,55	4,49	3,06
Operating Profit Margin	32,41 %	9,19 %	26,87 %	61,21 %
Current Ratio	0,25	0,14	1,23	1,12
Quick Ratio	0,25	0,14	1,23	1,12
Equity Ratio	0,2	0,17	0,13	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %