FLOVEIEN 4 AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

11,71 %

Current Ratio

0,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 433 000	1 360 000	1 341 000	1 323 000
Net Income	742 000	825 000	870 000	940 000
Total Assets	10 139 000	9 009 000	6 705 000	4 709 000
Total Equity	6 338 000	5 596 000	4 770 000	3 900 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 433 000	1 360 000	1 341 000	1 323 000
Expenditure	491 000	419 000	246 000	220 000
Operating Profit	942 000	941 000	1 096 000	1 103 000
Financial Income	21 000	92 000	20 000	87 000
Financial Costs	12 000	0	0	0
Financial Balance	9 000	92 000	20 000	87 000
Earnings Before Tax	951 000	1 034 000	1 116 000	1 189 000
Tax	208 000	208 000	245 000	249 000
Net Income	742 000	825 000	870 000	940 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 203 000	7 617 000	4 551 000	1 675 000
Total Current Assets	1 936 000	1 392 000	2 155 000	3 034 000
Total Assets	10 139 000	9 009 000	6 705 000	4 709 000
Total Retained Equity	6 238 000	5 496 000	4 670 000	3 800 000
Total Equity	6 338 000	5 596 000	4 770 000	3 900 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 801 000	3 414 000	1 935 000	809 000
Total Equity and Debt	10 139 000	9 009 000	6 705 000	4 709 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 433 000	1 360 000	1 341 000	1 323 000
Revenue	1 433 000	1 360 000	1 341 000	1 323 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	389 000	257 000	173 000	151 000
Impairment	0	0	0	0
Expenditure	491 000	419 000	246 000	220 000
Operating Profit	942 000	941 000	1 096 000	1 103 000
Financial Income	21 000	92 000	20 000	87 000
Financial Costs	12 000	0	0	0
Financial Balance	9 000	92 000	20 000	87 000
Dividends	0	0	0	500 000
Net Income	742 000	825 000	870 000	940 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	73 000	95 000	100 000
Real Eastate	8 151 000	7 544 000	4 456 000	1 575 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 151 000	7 544 000	4 456 000	1 575 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 203 000	7 617 000	4 551 000	1 675 000
Stock	0	0	0	0
Total Investments	312 000	324 000	264 000	264 000
Cash, Bank	1 242 000	583 000	1 696 000	2 745 000
Total Current Assets	1 936 000	1 392 000	2 155 000	3 034 000
Total Assets	10 139 000	9 009 000	6 705 000	4 709 000
Total Equity	6 338 000	5 596 000	4 770 000	3 900 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	613 000	1 227 000	618 000	0
Unpaid Taxes	0	0	0	54 000
Dividends	0	0	0	500 000
Other Current Debt	3 000 000	2 000 000	1 077 000	0
Total Current Debt	3 801 000	3 414 000	1 935 000	809 000
Total Equity and Debt	10 139 000	9 009 000	6 705 000	4 709 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,71 %	14,74 %	18,24 %	24,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	65,74 %	69,19 %	81,73 %	83,37 %
Current Ratio	0,51	0,41	1,11	3,75
Quick Ratio	0,51	0,41	1,11	3,75
Equity Ratio	0,63	0,62	0,71	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %