FINNKO AS

4374 EGERSUND

Finances

Share Ownership

Return on Equity

−3 %

Current Ratio

0,77

Debt-to-Equity Ratio

1,31

Key figures (NOK)	2021	2020	2019	2018
Revenue	128 000	128 000	128 000	128 000
Net Income	−16 000	−20 000	−18 000	−12 000
Total Assets	1 273 000	1 385 000	1 516 000	1 596 000
Total Equity	534 000	550 000	570 000	587 000

Income (NOK)	2021	2020	2019	2018
Revenue	128 000	128 000	128 000	128 000
Expenditure	121 000	120 000	118 000	111 000
Operating Profit	8 000	9 000	11 000	17 000
Financial Income	0	0	0	0
Financial Costs	24 000	29 000	28 000	30 000
Financial Balance	−24 000	−29 000	−28 000	−30 000
Earnings Before Tax	−16 000	−20 000	−18 000	−12 000
Tax	0	0	0	0
Net Income	−16 000	−20 000	−18 000	−12 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 243 000	1 304 000	1 366 000	1 427 000
Total Current Assets	30 000	81 000	150 000	169 000
Total Assets	1 273 000	1 385 000	1 516 000	1 596 000
Total Retained Equity	−56 000	−40 000	−20 000	−3 000
Total Equity	534 000	550 000	570 000	587 000
Total Long-Term Debt	700 000	800 000	900 000	1 000 000
Total Current Debt	39 000	35 000	46 000	8 000
Total Equity and Debt	1 273 000	1 385 000	1 516 000	1 596 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	8 000	8 000	8 000	8 000
Other Income	120 000	120 000	120 000	120 000
Revenue	128 000	128 000	128 000	128 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	62 000	62 000	62 000	61 000
Impairment	0	0	0	0
Expenditure	121 000	120 000	118 000	111 000
Operating Profit	8 000	9 000	11 000	17 000
Financial Income	0	0	0	0
Financial Costs	24 000	29 000	28 000	30 000
Financial Balance	−24 000	−29 000	−28 000	−30 000
Dividends	0	0	0	0
Net Income	−16 000	−20 000	−18 000	−12 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 243 000	1 304 000	1 366 000	1 427 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 243 000	1 304 000	1 366 000	1 427 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 243 000	1 304 000	1 366 000	1 427 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	2 000	0	157 000
Total Current Assets	30 000	81 000	150 000	169 000
Total Assets	1 273 000	1 385 000	1 516 000	1 596 000
Total Equity	534 000	550 000	570 000	587 000
Short-Term Group Debt	0	0	8 000	0
Total Long-Term Debt	700 000	800 000	900 000	1 000 000
Creditors	0	3 000	2 000	4 000
Unpaid Taxes	9 000	4 000	14 000	5 000
Dividends	0	0	0	0
Other Current Debt	30 000	28 000	22 000	0
Total Current Debt	39 000	35 000	46 000	8 000
Total Equity and Debt	1 273 000	1 385 000	1 516 000	1 596 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−3 %	−3,64 %	−3,16 %	−2,04 %
Debt-to-Equity Ratio	1,31	1,45	1,58	1,7
Operating Profit Margin	6,25 %	7,03 %	8,59 %	13,28 %
Current Ratio	0,77	2,31	3,26	21,13
Quick Ratio	0,77	2,31	3,26	21,13
Equity Ratio	0,42	0,4	0,38	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %