FINNESTADSVINGEN 24 HOLDING AS

4029 STAVANGER

Finances

Return on Equity

16 310 %

Current Ratio

1,13

Debt-to-Equity Ratio

1 840

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 000	0	0	0
Net Income	4 893 000	−11 000	−20 000	−8 000
Total Assets	63 322 000	61 000	72 000	81 000
Total Equity	30 000	−18 000	−7 000	13 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 000	0	0	0
Expenditure	13 000	11 000	20 000	8 000
Operating Profit	7 000	−11 000	−20 000	−8 000
Financial Income	7 141 000	0	0	0
Financial Costs	888 000	0	0	0
Financial Balance	6 253 000	0	0	0
Earnings Before Tax	6 260 000	−11 000	−20 000	−8 000
Tax	1 367 000	0	0	0
Net Income	4 893 000	−11 000	−20 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 200 000	0	0	0
Total Current Assets	9 122 000	61 000	72 000	81 000
Total Assets	63 322 000	61 000	72 000	81 000
Total Retained Equity	0	−42 000	−31 000	−11 000
Total Equity	30 000	−18 000	−7 000	13 000
Total Long-Term Debt	55 200 000	0	0	0
Total Current Debt	8 092 000	79 000	79 000	68 000
Total Equity and Debt	63 322 000	61 000	72 000	81 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	20 000	0	0	0
Revenue	20 000	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	13 000	11 000	20 000	8 000
Operating Profit	7 000	−11 000	−20 000	−8 000
Financial Income	7 141 000	0	0	0
Financial Costs	888 000	0	0	0
Financial Balance	6 253 000	0	0	0
Dividends	0	0	0	0
Net Income	4 893 000	−11 000	−20 000	−8 000

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	54 200 000	0	0	0
Total Fixed Assets	54 200 000	0	0	0
Stock	0	59 000	59 000	59 000
Total Investments	0	0	0	0
Cash, Bank	101 000	2 000	13 000	22 000
Total Current Assets	9 122 000	61 000	72 000	81 000
Total Assets	63 322 000	61 000	72 000	81 000
Total Equity	30 000	−18 000	−7 000	13 000
Short-Term Group Debt	8 092 000	54 000	54 000	43 000
Total Long-Term Debt	55 200 000	0	0	0
Creditors	0	25 000	25 000	25 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	8 092 000	79 000	79 000	68 000
Total Equity and Debt	63 322 000	61 000	72 000	81 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16 310 %	61,11 %	285,71 %	−61,54 %
Debt-to-Equity Ratio	1 840	−0	−0	0
Operating Profit Margin	35 %	-	-	-
Current Ratio	1,13	0,77	0,91	1,19
Quick Ratio	1,13	3,05	3,6	9
Equity Ratio	0	−0,3	−0,1	0,16
Gross Profit Margin	100 %	-	-	-