FORNY EIENDOM AS

4021 STAVANGER

Finances

Return on Equity

−6,37 %

Current Ratio

11,82

Debt-to-Equity Ratio

2,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 272 000	9 811 000	0	15 000
Net Income	−201 000	1 021 000	−71 000	−93 000
Total Assets	10 951 000	3 672 000	5 610 000	2 829 000
Total Equity	3 154 000	3 378 000	2 756 000	2 828 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 272 000	9 811 000	0	15 000
Expenditure	7 491 000	8 428 000	5 526 000	66 000
Operating Profit	−219 000	1 382 000	−58 000	−51 000
Financial Income	4 000	14 000	21 000	1 000
Financial Costs	42 000	87 000	79 000	43 000
Financial Balance	−38 000	−73 000	−58 000	−42 000
Earnings Before Tax	−257 000	1 309 000	−116 000	−93 000
Tax	−57 000	288 000	−45 000	0
Net Income	−201 000	1 021 000	−71 000	−93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 061 000	44 000	98 000	0
Total Current Assets	8 890 000	3 629 000	5 513 000	2 829 000
Total Assets	10 951 000	3 672 000	5 610 000	2 829 000
Total Retained Equity	1 154 000	1 378 000	756 000	828 000
Total Equity	3 154 000	3 378 000	2 756 000	2 828 000
Total Long-Term Debt	7 045 000	0	2 841 000	0
Total Current Debt	752 000	295 000	13 000	1 000
Total Equity and Debt	10 951 000	3 672 000	5 610 000	2 829 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 250 000	9 800 000	0	15 000
Other Income	22 000	11 000	0	0
Revenue	7 272 000	9 811 000	0	15 000
Cost of Goods Sold	6 865 000	8 186 000	5 425 000	10 000
Salary Costs	10 000	2 000	0	0
Depreciation	145 000	12 000	7 000	0
Impairment	0	0	0	0
Expenditure	7 491 000	8 428 000	5 526 000	66 000
Operating Profit	−219 000	1 382 000	−58 000	−51 000
Financial Income	4 000	14 000	21 000	1 000
Financial Costs	42 000	87 000	79 000	43 000
Financial Balance	−38 000	−73 000	−58 000	−42 000
Dividends	0	0	0	0
Net Income	−201 000	1 021 000	−71 000	−93 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	3 000	45 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	782 000	41 000	53 000	0
Total Tangible Assets	782 000	41 000	53 000	0
Total Fiancial Fixed Assets	1 220 000	0	0	0
Total Fixed Assets	2 061 000	44 000	98 000	0
Stock	7 963 000	0	5 469 000	0
Total Investments	0	0	0	0
Cash, Bank	396 000	3 618 000	44 000	2 783 000
Total Current Assets	8 890 000	3 629 000	5 513 000	2 829 000
Total Assets	10 951 000	3 672 000	5 610 000	2 829 000
Total Equity	3 154 000	3 378 000	2 756 000	2 828 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 045 000	0	2 841 000	0
Creditors	742 000	47 000	12 000	0
Unpaid Taxes	9 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	2 000	1 000	1 000
Total Current Debt	752 000	295 000	13 000	1 000
Total Equity and Debt	10 951 000	3 672 000	5 610 000	2 829 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,37 %	30,22 %	−2,58 %	−3,29 %
Debt-to-Equity Ratio	2,23	0	1,03	0
Operating Profit Margin	−3,01 %	14,09 %	-	−340 %
Current Ratio	11,82	12,3	424,08	2 829
Quick Ratio	−1,23	12,3	−1,01	2 829
Equity Ratio	0,29	0,92	0,49	1
Gross Profit Margin	5,6 %	16,56 %	-	33,33 %