FINNSNES HANDELSEIENDOM AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

13,41 %

Current Ratio

1,4

Debt-to-Equity Ratio

5,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 157 000	2 041 000	2 015 000	1 987 000
Net Income	374 000	−4 406 000	774 000	208 000
Total Assets	20 768 000	24 299 000	19 386 000	17 866 000
Total Equity	2 790 000	3 302 000	3 267 000	3 246 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 157 000	2 041 000	2 015 000	1 987 000
Expenditure	1 264 000	7 444 000	572 000	1 560 000
Operating Profit	893 000	−5 403 000	1 443 000	426 000
Financial Income	0	0	0	0
Financial Costs	414 000	245 000	450 000	161 000
Financial Balance	−414 000	−245 000	−450 000	−161 000
Earnings Before Tax	479 000	−5 649 000	992 000	266 000
Tax	105 000	−1 243 000	218 000	59 000
Net Income	374 000	−4 406 000	774 000	208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 539 000	18 256 000	16 154 000	16 548 000
Total Current Assets	2 229 000	6 043 000	3 232 000	1 318 000
Total Assets	20 768 000	24 299 000	19 386 000	17 866 000
Total Retained Equity	0	−1 560 000	535 000	514 000
Total Equity	2 790 000	3 302 000	3 267 000	3 246 000
Total Long-Term Debt	16 391 000	15 336 000	14 978 000	14 420 000
Total Current Debt	1 587 000	5 661 000	1 141 000	200 000
Total Equity and Debt	20 768 000	24 299 000	19 386 000	17 866 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 157 000	2 041 000	2 015 000	1 987 000
Other Income	0	0	0	0
Revenue	2 157 000	2 041 000	2 015 000	1 987 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	437 000	377 000	372 000	372 000
Impairment	0	0	0	0
Expenditure	1 264 000	7 444 000	572 000	1 560 000
Operating Profit	893 000	−5 403 000	1 443 000	426 000
Financial Income	0	0	0	0
Financial Costs	414 000	245 000	450 000	161 000
Financial Balance	−414 000	−245 000	−450 000	−161 000
Dividends	0	0	0	0
Net Income	374 000	−4 406 000	774 000	208 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 305 000	18 000 000	15 877 000	16 249 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 305 000	18 000 000	15 877 000	16 249 000
Total Fiancial Fixed Assets	235 000	256 000	277 000	299 000
Total Fixed Assets	18 539 000	18 256 000	16 154 000	16 548 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	2 229 000	6 043 000	3 232 000	1 318 000
Total Assets	20 768 000	24 299 000	19 386 000	17 866 000
Total Equity	2 790 000	3 302 000	3 267 000	3 246 000
Short-Term Group Debt	1 135 000	0	1 053 000	86 000
Total Long-Term Debt	16 391 000	15 336 000	14 978 000	14 420 000
Creditors	443 000	3 000	0	106 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	5 657 000	88 000	8 000
Total Current Debt	1 587 000	5 661 000	1 141 000	200 000
Total Equity and Debt	20 768 000	24 299 000	19 386 000	17 866 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,41 %	−133,43 %	23,69 %	6,41 %
Debt-to-Equity Ratio	5,87	4,64	4,58	4,44
Operating Profit Margin	41,4 %	−264,72 %	71,61 %	21,44 %
Current Ratio	1,4	1,07	2,83	6,59
Quick Ratio	1,4	1,07	2,83	6,59
Equity Ratio	0,13	0,14	0,17	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %