FEVANG LØRENSKOG AS

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

22,55 %

Current Ratio

0,57

Debt-to-Equity Ratio

8,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 588 000	1 904 000	2 045 000	1 856 000
Net Income	384 000	382 000	616 000	155 000
Total Assets	17 481 000	17 480 000	17 654 000	17 919 000
Total Equity	1 703 000	1 552 000	1 304 000	688 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 588 000	1 904 000	2 045 000	1 856 000
Expenditure	1 464 000	1 035 000	787 000	1 066 000
Operating Profit	1 124 000	869 000	1 258 000	791 000
Financial Income	0	0	0	0
Financial Costs	631 000	380 000	468 000	592 000
Financial Balance	−631 000	−380 000	−468 000	−592 000
Earnings Before Tax	493 000	489 000	790 000	198 000
Tax	108 000	107 000	174 000	44 000
Net Income	384 000	382 000	616 000	155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 754 000	16 968 000	17 142 000	17 529 000
Total Current Assets	727 000	512 000	512 000	390 000
Total Assets	17 481 000	17 480 000	17 654 000	17 919 000
Total Retained Equity	1 553 000	1 402 000	1 154 000	538 000
Total Equity	1 703 000	1 552 000	1 304 000	688 000
Total Long-Term Debt	14 494 000	15 134 000	16 088 000	17 144 000
Total Current Debt	1 283 000	794 000	262 000	87 000
Total Equity and Debt	17 481 000	17 480 000	17 654 000	17 919 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 588 000	1 904 000	0	0
Other Income	0	0	2 045 000	1 856 000
Revenue	2 588 000	1 904 000	2 045 000	1 856 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	429 000	388 000	387 000	378 000
Impairment	0	0	0	0
Expenditure	1 464 000	1 035 000	787 000	1 066 000
Operating Profit	1 124 000	869 000	1 258 000	791 000
Financial Income	0	0	0	0
Financial Costs	631 000	380 000	468 000	592 000
Financial Balance	−631 000	−380 000	−468 000	−592 000
Dividends	0	0	0	0
Net Income	384 000	382 000	616 000	155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 643 000	16 839 000	16 996 000	17 365 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	111 000	129 000	147 000	164 000
Total Tangible Assets	16 754 000	16 968 000	17 142 000	17 529 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 754 000	16 968 000	17 142 000	17 529 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	388 000	268 000	71 000	27 000
Total Current Assets	727 000	512 000	512 000	390 000
Total Assets	17 481 000	17 480 000	17 654 000	17 919 000
Total Equity	1 703 000	1 552 000	1 304 000	688 000
Short-Term Group Debt	497 000	175 000	0	0
Total Long-Term Debt	14 494 000	15 134 000	16 088 000	17 144 000
Creditors	65 000	259 000	11 000	9 000
Unpaid Taxes	60 000	26 000	80 000	77 000
Dividends	0	0	0	0
Other Current Debt	661 000	334 000	56 000	0
Total Current Debt	1 283 000	794 000	262 000	87 000
Total Equity and Debt	17 481 000	17 480 000	17 654 000	17 919 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,55 %	24,61 %	47,24 %	22,53 %
Debt-to-Equity Ratio	8,51	9,75	12,34	24,92
Operating Profit Margin	43,43 %	45,64 %	61,52 %	42,62 %
Current Ratio	0,57	0,64	1,95	4,48
Quick Ratio	0,57	0,64	1,95	4,48
Equity Ratio	0,1	0,09	0,07	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %