FESTNINGEN ØKONOMI OG REGNSKAP AS

2213 KONGSVINGER

Finances

Return on Equity

12,21 %

Current Ratio

532,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	82 000	120 000	0	0
Net Income	199 000	627 000	732 000	0
Total Assets	1 634 000	2 658 000	2 623 000	87 000
Total Equity	1 630 000	1 431 000	804 000	72 000

Income (NOK)	2022	2021	2020
Revenue	82 000	120 000	0
Expenditure	94 000	30 000	13 000
Operating Profit	−12 000	90 000	−13 000
Financial Income	251 000	600 000	759 000
Financial Costs	37 000	53 000	13 000
Financial Balance	214 000	547 000	746 000
Earnings Before Tax	202 000	637 000	732 000
Tax	3 000	10 000	0
Net Income	199 000	627 000	732 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	2 548 000	2 548 000	35 000
Total Current Assets	1 598 000	110 000	76 000	52 000
Total Assets	1 634 000	2 658 000	2 623 000	87 000
Total Retained Equity	1 606 000	1 407 000	780 000	48 000
Total Equity	1 630 000	1 431 000	804 000	72 000
Total Long-Term Debt	0	1 201 000	1 505 000	15 000
Total Current Debt	3 000	26 000	314 000	0
Total Equity and Debt	1 634 000	2 658 000	2 623 000	87 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	82 000	120 000	0
Revenue	82 000	120 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	94 000	30 000	13 000
Operating Profit	−12 000	90 000	−13 000
Financial Income	251 000	600 000	759 000
Financial Costs	37 000	53 000	13 000
Financial Balance	214 000	547 000	746 000
Dividends	0	0	0
Net Income	199 000	627 000	732 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 513 000	2 513 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	2 513 000	2 513 000	0
Total Fiancial Fixed Assets	35 000	35 000	35 000	35 000
Total Fixed Assets	35 000	2 548 000	2 548 000	35 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 598 000	42 000	63 000	52 000
Total Current Assets	1 598 000	110 000	76 000	52 000
Total Assets	1 634 000	2 658 000	2 623 000	87 000
Total Equity	1 630 000	1 431 000	804 000	72 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 201 000	1 505 000	15 000
Creditors	0	0	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	16 000	312 000	0
Total Current Debt	3 000	26 000	314 000	0
Total Equity and Debt	1 634 000	2 658 000	2 623 000	87 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,21 %	43,82 %	91,04 %	0 %
Debt-to-Equity Ratio	0	0,84	1,87	0,21
Operating Profit Margin	−14,63 %	75 %	-	-
Current Ratio	532,67	4,23	0,24	-
Quick Ratio	532,67	4,23	0,24	-
Equity Ratio	1	0,54	0,31	0,83
Gross Profit Margin	100 %	100 %	-	-