FO UTVIKLING AS

6856 SOGNDAL

Finances

Return on Equity

2,88 %

Current Ratio

118

Debt-to-Equity Ratio

5,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	154 000	145 000	182 000	256 000
Net Income	13 000	38 000	56 000	73 000
Total Assets	2 872 000	1 529 000	1 241 000	1 242 000
Total Equity	452 000	439 000	400 000	344 000

Income (NOK)	2022	2021	2020	2019
Revenue	154 000	145 000	182 000	256 000
Expenditure	52 000	71 000	77 000	127 000
Operating Profit	102 000	73 000	105 000	130 000
Financial Income	0	0	0	0
Financial Costs	86 000	24 000	33 000	36 000
Financial Balance	−86 000	−24 000	−33 000	−36 000
Earnings Before Tax	17 000	49 000	72 000	94 000
Tax	4 000	11 000	16 000	21 000
Net Income	13 000	38 000	56 000	73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	865 000	869 000	1 100 000	1 091 000
Total Current Assets	2 006 000	661 000	141 000	151 000
Total Assets	2 872 000	1 529 000	1 241 000	1 242 000
Total Retained Equity	152 000	139 000	100 000	44 000
Total Equity	452 000	439 000	400 000	344 000
Total Long-Term Debt	2 403 000	551 000	626 000	694 000
Total Current Debt	17 000	540 000	215 000	204 000
Total Equity and Debt	2 872 000	1 529 000	1 241 000	1 242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 000	0	30 000	256 000
Other Income	151 000	145 000	152 000	0
Revenue	154 000	145 000	182 000	256 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 000	2 000	25 000	32 000
Impairment	0	0	0	0
Expenditure	52 000	71 000	77 000	127 000
Operating Profit	102 000	73 000	105 000	130 000
Financial Income	0	0	0	0
Financial Costs	86 000	24 000	33 000	36 000
Financial Balance	−86 000	−24 000	−33 000	−36 000
Dividends	0	0	0	0
Net Income	13 000	38 000	56 000	73 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	832 000	832 000	1 062 000	932 000
Machinery and Plant Facilities	13 000	16 000	18 000	138 000
Fixtures	0	0	0	0
Total Tangible Assets	845 000	849 000	1 080 000	1 071 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	865 000	869 000	1 100 000	1 091 000
Stock	1 167 000	491 000	0	0
Total Investments	0	0	0	0
Cash, Bank	657 000	6 000	26 000	0
Total Current Assets	2 006 000	661 000	141 000	151 000
Total Assets	2 872 000	1 529 000	1 241 000	1 242 000
Total Equity	452 000	439 000	400 000	344 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 403 000	551 000	626 000	694 000
Creditors	6 000	97 000	51 000	30 000
Unpaid Taxes	0	72 000	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	360 000	151 000	164 000
Total Current Debt	17 000	540 000	215 000	204 000
Total Equity and Debt	2 872 000	1 529 000	1 241 000	1 242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,88 %	8,66 %	14 %	21,22 %
Debt-to-Equity Ratio	5,32	1,26	1,57	2,02
Operating Profit Margin	66,23 %	50,34 %	57,69 %	50,78 %
Current Ratio	118	1,22	0,66	0,74
Quick Ratio	−1,74	13,49	0,66	0,74
Equity Ratio	0,16	0,29	0,32	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %