FINNKANTEN EIENDOM AS

2680 VÅGÅ

Finances

Share Ownership

Return on Equity

8,1 %

Current Ratio

35,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	186 000	186 000	183 000	260 000
Net Income	108 000	52 000	110 000	259 000
Total Assets	1 372 000	1 264 000	1 181 000	1 063 000
Total Equity	1 334 000	1 225 000	1 173 000	1 063 000

Income (NOK)	2022	2021	2020	2019
Revenue	186 000	186 000	183 000	260 000
Expenditure	48 000	127 000	74 000	2 000
Operating Profit	138 000	59 000	109 000	258 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	1 000
Earnings Before Tax	139 000	60 000	110 000	259 000
Tax	31 000	7 000	0	0
Net Income	108 000	52 000	110 000	259 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	30 000	30 000	30 000
Total Current Assets	1 342 000	1 234 000	1 151 000	1 033 000
Total Assets	1 372 000	1 264 000	1 181 000	1 063 000
Total Retained Equity	134 000	25 000	−27 000	−137 000
Total Equity	1 334 000	1 225 000	1 173 000	1 063 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	38 000	38 000	8 000	0
Total Equity and Debt	1 372 000	1 264 000	1 181 000	1 063 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	186 000	186 000	183 000	180 000
Other Income	0	0	0	80 000
Revenue	186 000	186 000	183 000	260 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	48 000	127 000	74 000	2 000
Operating Profit	138 000	59 000	109 000	258 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	1 000
Dividends	0	0	0	0
Net Income	108 000	52 000	110 000	259 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	30 000	30 000	30 000	30 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	30 000	30 000	30 000	30 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	30 000	30 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 342 000	1 234 000	1 112 000	982 000
Total Current Assets	1 342 000	1 234 000	1 151 000	1 033 000
Total Assets	1 372 000	1 264 000	1 181 000	1 063 000
Total Equity	1 334 000	1 225 000	1 173 000	1 063 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	20 000	0	0
Unpaid Taxes	8 000	11 000	8 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	38 000	38 000	8 000	0
Total Equity and Debt	1 372 000	1 264 000	1 181 000	1 063 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,1 %	4,24 %	9,38 %	24,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	74,19 %	31,72 %	59,56 %	99,23 %
Current Ratio	35,32	32,47	143,88	-
Quick Ratio	35,32	32,47	143,88	-
Equity Ratio	0,97	0,97	0,99	1
Gross Profit Margin	100 %	100 %	100 %	100 %