FØLVIKA NORTHERN RETREAT AS

8130 SANDHORNØY

Finances

Return on Equity

−17,81 %

Current Ratio

0,32

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	489 000	713 000	340 000	118 000
Net Income	−26 000	134 000	−20 000	13 000
Total Assets	1 018 000	1 115 000	858 000	199 000
Total Equity	146 000	172 000	38 000	58 000

Income (NOK)	2022	2021	2020	2019
Revenue	489 000	713 000	340 000	118 000
Expenditure	521 000	544 000	363 000	102 000
Operating Profit	−32 000	168 000	−22 000	16 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−33 000	168 000	−22 000	16 000
Tax	−7 000	34 000	−2 000	4 000
Net Income	−26 000	134 000	−20 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	742 000	754 000	655 000	104 000
Total Current Assets	276 000	361 000	202 000	95 000
Total Assets	1 018 000	1 115 000	858 000	199 000
Total Retained Equity	96 000	122 000	−12 000	8 000
Total Equity	146 000	172 000	38 000	58 000
Total Long-Term Debt	8 000	15 000	0	2 000
Total Current Debt	864 000	928 000	819 000	139 000
Total Equity and Debt	1 018 000	1 115 000	858 000	199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	487 000	712 000	340 000	118 000
Other Income	3 000	1 000	1 000	0
Revenue	489 000	713 000	340 000	118 000
Cost of Goods Sold	96 000	180 000	88 000	58 000
Salary Costs	11 000	10 000	1 000	0
Depreciation	79 000	74 000	57 000	2 000
Impairment	0	0	0	0
Expenditure	521 000	544 000	363 000	102 000
Operating Profit	−32 000	168 000	−22 000	16 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−26 000	134 000	−20 000	13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	401 000	424 000	447 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	118 000	157 000	208 000	104 000
Total Tangible Assets	519 000	581 000	655 000	104 000
Total Fiancial Fixed Assets	223 000	173 000	0	0
Total Fixed Assets	742 000	754 000	655 000	104 000
Stock	6 000	6 000	3 000	6 000
Total Investments	0	0	0	0
Cash, Bank	218 000	307 000	175 000	67 000
Total Current Assets	276 000	361 000	202 000	95 000
Total Assets	1 018 000	1 115 000	858 000	199 000
Total Equity	146 000	172 000	38 000	58 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	15 000	0	2 000
Creditors	74 000	19 000	7 000	5 000
Unpaid Taxes	2 000	0	6 000	0
Dividends	0	0	0	0
Other Current Debt	788 000	889 000	806 000	134 000
Total Current Debt	864 000	928 000	819 000	139 000
Total Equity and Debt	1 018 000	1 115 000	858 000	199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,81 %	77,91 %	−52,63 %	22,41 %
Debt-to-Equity Ratio	0,05	0,09	0	0,03
Operating Profit Margin	−6,54 %	23,56 %	−6,47 %	13,56 %
Current Ratio	0,32	0,39	0,25	0,68
Quick Ratio	0,32	0,39	0,25	0,71
Equity Ratio	0,14	0,15	0,04	0,29
Gross Profit Margin	80,37 %	74,75 %	74,12 %	50,85 %