FINSHUS & SELVÅG EIENDOMSUTVIKLING AS

5563 FØRRESFJORDEN

Finances

Share Ownership

Return on Equity

76,98 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 240 000	14 269 000	0	804 000
Net Income	14 150 000	1 817 000	−128 000	624 000
Total Assets	38 778 000	12 336 000	6 566 000	3 084 000
Total Equity	18 382 000	4 232 000	2 416 000	2 543 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 240 000	14 269 000	0	804 000
Expenditure	28 176 000	11 896 000	84 000	37 000
Operating Profit	18 063 000	2 373 000	−84 000	767 000
Financial Income	80 000	1 000	9 000	10 000
Financial Costs	1 000	45 000	88 000	0
Financial Balance	79 000	−44 000	−79 000	10 000
Earnings Before Tax	18 142 000	2 329 000	−163 000	778 000
Tax	3 992 000	512 000	−36 000	153 000
Net Income	14 150 000	1 817 000	−128 000	624 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 291 000	10 455 000	6 054 000	39 000
Total Current Assets	18 487 000	1 880 000	512 000	3 045 000
Total Assets	38 778 000	12 336 000	6 566 000	3 084 000
Total Retained Equity	16 382 000	2 232 000	416 000	543 000
Total Equity	18 382 000	4 232 000	2 416 000	2 543 000
Total Long-Term Debt	6 700 000	6 700 000	3 500 000	0
Total Current Debt	13 696 000	1 403 000	651 000	541 000
Total Equity and Debt	38 778 000	12 336 000	6 566 000	3 084 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	46 240 000	14 269 000	0	804 000
Revenue	46 240 000	14 269 000	0	804 000
Cost of Goods Sold	27 631 000	11 609 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	28 176 000	11 896 000	84 000	37 000
Operating Profit	18 063 000	2 373 000	−84 000	767 000
Financial Income	80 000	1 000	9 000	10 000
Financial Costs	1 000	45 000	88 000	0
Financial Balance	79 000	−44 000	−79 000	10 000
Dividends	0	0	0	0
Net Income	14 150 000	1 817 000	−128 000	624 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 291 000	10 455 000	6 054 000	39 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	20 291 000	10 455 000	6 054 000	39 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 291 000	10 455 000	6 054 000	39 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 573 000	1 142 000	191 000	2 712 000
Total Current Assets	18 487 000	1 880 000	512 000	3 045 000
Total Assets	38 778 000	12 336 000	6 566 000	3 084 000
Total Equity	18 382 000	4 232 000	2 416 000	2 543 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 700 000	6 700 000	3 500 000	0
Creditors	8 361 000	631 000	233 000	11 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 343 000	260 000	418 000	376 000
Total Current Debt	13 696 000	1 403 000	651 000	541 000
Total Equity and Debt	38 778 000	12 336 000	6 566 000	3 084 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,98 %	42,93 %	−5,3 %	24,54 %
Debt-to-Equity Ratio	0,36	1,58	1,45	0
Operating Profit Margin	39,06 %	16,63 %	-	95,4 %
Current Ratio	1,35	1,34	0,79	5,63
Quick Ratio	1,35	1,34	0,79	5,63
Equity Ratio	0,47	0,34	0,37	0,82
Gross Profit Margin	40,24 %	18,64 %	-	100 %