FESTNINGSÅSEN SSSG AS

4520 LINDESNES

Finances

Return on Equity

103,57 %

Current Ratio

4,35

Debt-to-Equity Ratio

−7,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	1 577 000	9 717 000
Net Income	−14 264 000	−15 502 000	−4 554 000	19 208 000
Total Assets	104 731 000	98 748 000	98 083 000	150 435 000
Total Equity	−13 772 000	−1 528 000	8 974 000	16 178 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	1 577 000	9 717 000
Expenditure	2 824 000	−1 144 000	9 424 000	867 000
Operating Profit	−2 824 000	1 144 000	−7 847 000	8 850 000
Financial Income	−2 000	2 368 000	2 018 000	32 538 000
Financial Costs	12 638 000	18 739 000	8 000	21 005 000
Financial Balance	−12 640 000	−16 371 000	2 010 000	11 533 000
Earnings Before Tax	−15 465 000	−15 227 000	−5 838 000	20 383 000
Tax	−1 201 000	275 000	−1 284 000	1 175 000
Net Income	−14 264 000	−15 502 000	−4 554 000	19 208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 413 000	25 487 000	69 953 000	121 127 000
Total Current Assets	87 318 000	73 261 000	28 131 000	29 307 000
Total Assets	104 731 000	98 748 000	98 083 000	150 435 000
Total Retained Equity	−22 283 000	−8 019 000	7 483 000	14 687 000
Total Equity	−13 772 000	−1 528 000	8 974 000	16 178 000
Total Long-Term Debt	98 432 000	14 498 000	14 564 000	64 947 000
Total Current Debt	20 071 000	85 779 000	74 546 000	69 309 000
Total Equity and Debt	104 731 000	98 748 000	98 083 000	150 435 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	1 577 000	9 717 000
Revenue	0	0	1 577 000	9 717 000
Cost of Goods Sold	0	2 628 000	1 648 000	0
Salary Costs	1 101 000	1 088 000	933 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 824 000	−1 144 000	9 424 000	867 000
Operating Profit	−2 824 000	1 144 000	−7 847 000	8 850 000
Financial Income	−2 000	2 368 000	2 018 000	32 538 000
Financial Costs	12 638 000	18 739 000	8 000	21 005 000
Financial Balance	−12 640 000	−16 371 000	2 010 000	11 533 000
Dividends	0	0	262 000	214 000
Net Income	−14 264 000	−15 502 000	−4 554 000	19 208 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 347 000	1 716 000	1 991 000	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	15 066 000	23 771 000	67 962 000	121 094 000
Total Fixed Assets	17 413 000	25 487 000	69 953 000	121 127 000
Stock	36 659 000	25 560 000	24 912 000	24 580 000
Total Investments	0	0	0	0
Cash, Bank	544 000	441 000	431 000	292 000
Total Current Assets	87 318 000	73 261 000	28 131 000	29 307 000
Total Assets	104 731 000	98 748 000	98 083 000	150 435 000
Total Equity	−13 772 000	−1 528 000	8 974 000	16 178 000
Short-Term Group Debt	0	66 209 000	56 367 000	51 077 000
Total Long-Term Debt	98 432 000	14 498 000	14 564 000	64 947 000
Creditors	235 000	68 000	0	1 787 000
Unpaid Taxes	54 000	57 000	46 000	0
Dividends	0	0	262 000	214 000
Other Current Debt	19 781 000	19 444 000	17 870 000	16 232 000
Total Current Debt	20 071 000	85 779 000	74 546 000	69 309 000
Total Equity and Debt	104 731 000	98 748 000	98 083 000	150 435 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,57 %	1 014,53 %	−50,75 %	118,73 %
Debt-to-Equity Ratio	−7,15	−9,49	1,62	4,01
Operating Profit Margin	-	-	−497,59 %	91,08 %
Current Ratio	4,35	0,85	0,38	0,42
Quick Ratio	−5,26	1,22	0,57	0,66
Equity Ratio	−0,13	−0,02	0,09	0,11
Gross Profit Margin	-	-	−4,5 %	100 %