EDLAND FINANS AS

4085 HUNDVÅG

Finances

Return on Equity

204,95 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	18 925 000	−21 000	4 308 000	2 446 000
Total Assets	19 247 000	18 008 000	19 777 000	22 869 000
Total Equity	9 234 000	309 000	18 017 000	14 609 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	139 000	21 000	95 000	125 000
Operating Profit	−139 000	−21 000	−95 000	−125 000
Financial Income	19 352 000	0	4 403 000	2 625 000
Financial Costs	362 000	0	0	0
Financial Balance	18 990 000	0	4 403 000	2 625 000
Earnings Before Tax	18 852 000	−21 000	4 308 000	2 501 000
Tax	−73 000	0	0	55 000
Net Income	18 925 000	−21 000	4 308 000	2 446 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 263 000	15 301 000	15 301 000	20 060 000
Total Current Assets	11 984 000	2 707 000	4 477 000	2 809 000
Total Assets	19 247 000	18 008 000	19 777 000	22 869 000
Total Retained Equity	9 014 000	89 000	6 207 000	2 800 000
Total Equity	9 234 000	309 000	18 017 000	14 609 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 013 000	17 699 000	1 761 000	8 260 000
Total Equity and Debt	19 247 000	18 008 000	19 777 000	22 869 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	139 000	21 000	95 000	125 000
Operating Profit	−139 000	−21 000	−95 000	−125 000
Financial Income	19 352 000	0	4 403 000	2 625 000
Financial Costs	362 000	0	0	0
Financial Balance	18 990 000	0	4 403 000	2 625 000
Dividends	10 000 000	17 687 000	900 000	750 000
Net Income	18 925 000	−21 000	4 308 000	2 446 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	7 263 000	15 301 000	15 301 000	20 060 000
Total Fixed Assets	7 263 000	15 301 000	15 301 000	20 060 000
Stock	0	0	0	0
Total Investments	18 000	0	0	0
Cash, Bank	879 000	615 000	24 000	69 000
Total Current Assets	11 984 000	2 707 000	4 477 000	2 809 000
Total Assets	19 247 000	18 008 000	19 777 000	22 869 000
Total Equity	9 234 000	309 000	18 017 000	14 609 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	1 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	10 000 000	17 687 000	900 000	750 000
Other Current Debt	11 000	11 000	861 000	7 510 000
Total Current Debt	10 013 000	17 699 000	1 761 000	8 260 000
Total Equity and Debt	19 247 000	18 008 000	19 777 000	22 869 000

Financial indicators	2022	2021	2020	2019
Return on Equity	204,95 %	−6,8 %	23,91 %	16,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,2	0,15	2,54	0,34
Quick Ratio	1,2	0,15	2,54	0,34
Equity Ratio	0,48	0,02	0,91	0,64
Gross Profit Margin	-	-	-	-