FINSNES GAARD AS

8400 SORTLAND

Finances

Return on Equity

54,93 %

Current Ratio

2,88

Debt-to-Equity Ratio

12,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 216 000	2 884 000	1 814 000	1 936 000
Net Income	334 000	137 000	152 000	−68 000
Total Assets	8 575 000	8 791 000	9 025 000	9 042 000
Total Equity	608 000	274 000	137 000	−15 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 216 000	2 884 000	1 814 000	1 936 000
Expenditure	2 427 000	2 554 000	1 462 000	1 776 000
Operating Profit	788 000	330 000	352 000	159 000
Financial Income	10 000	0	0	0
Financial Costs	387 000	154 000	200 000	236 000
Financial Balance	−377 000	−154 000	−200 000	−236 000
Earnings Before Tax	411 000	176 000	152 000	−77 000
Tax	77 000	39 000	0	−8 000
Net Income	334 000	137 000	152 000	−68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 005 000	8 332 000	8 659 000	8 991 000
Total Current Assets	570 000	459 000	366 000	51 000
Total Assets	8 575 000	8 791 000	9 025 000	9 042 000
Total Retained Equity	578 000	244 000	107 000	−45 000
Total Equity	608 000	274 000	137 000	−15 000
Total Long-Term Debt	7 769 000	8 303 000	8 886 000	9 056 000
Total Current Debt	198 000	215 000	2 000	2 000
Total Equity and Debt	8 575 000	8 791 000	9 025 000	9 042 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 000	8 000	0	9 000
Other Income	3 203 000	2 876 000	1 814 000	1 926 000
Revenue	3 216 000	2 884 000	1 814 000	1 936 000
Cost of Goods Sold	0	0	0	4 000
Salary Costs	184 000	846 000	194 000	92 000
Depreciation	351 000	348 000	345 000	337 000
Impairment	0	0	0	0
Expenditure	2 427 000	2 554 000	1 462 000	1 776 000
Operating Profit	788 000	330 000	352 000	159 000
Financial Income	10 000	0	0	0
Financial Costs	387 000	154 000	200 000	236 000
Financial Balance	−377 000	−154 000	−200 000	−236 000
Dividends	0	0	0	0
Net Income	334 000	137 000	152 000	−68 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 776 000	8 005 000	8 262 000	8 520 000
Machinery and Plant Facilities	0	32 000	37 000	42 000
Fixtures	229 000	295 000	359 000	429 000
Total Tangible Assets	8 005 000	8 332 000	8 659 000	8 991 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 005 000	8 332 000	8 659 000	8 991 000
Stock	0	0	0	0
Total Investments	547 000	0	0	0
Cash, Bank	23 000	443 000	356 000	42 000
Total Current Assets	570 000	459 000	366 000	51 000
Total Assets	8 575 000	8 791 000	9 025 000	9 042 000
Total Equity	608 000	274 000	137 000	−15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 769 000	8 303 000	8 886 000	9 056 000
Creditors	50 000	27 000	−4 000	−25 000
Unpaid Taxes	33 000	59 000	−14 000	17 000
Dividends	0	0	0	0
Other Current Debt	25 000	90 000	20 000	9 000
Total Current Debt	198 000	215 000	2 000	2 000
Total Equity and Debt	8 575 000	8 791 000	9 025 000	9 042 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,93 %	50 %	110,95 %	453,33 %
Debt-to-Equity Ratio	12,78	30,3	64,86	−603,73
Operating Profit Margin	24,5 %	11,44 %	19,4 %	8,21 %
Current Ratio	2,88	2,13	183	25,5
Quick Ratio	2,88	2,13	183	25,5
Equity Ratio	0,07	0,03	0,02	−0
Gross Profit Margin	100 %	100 %	100 %	99,79 %