FINNØYVEGEN 579 AS

4160 FINNØY

Finances

Share Ownership

Return on Equity

21,4 %

Current Ratio

3,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	500 000	500 000	522 000	500 000
Net Income	287 000	321 000	351 000	297 000
Total Assets	1 647 000	1 500 000	1 758 000	1 627 000
Total Equity	1 341 000	1 254 000	1 253 000	1 302 000

Income (NOK)	2022	2021	2020	2019
Revenue	500 000	500 000	522 000	500 000
Expenditure	133 000	83 000	71 000	118 000
Operating Profit	368 000	417 000	450 000	383 000
Financial Income	0	0	0	0
Financial Costs	0	6 000	0	2 000
Financial Balance	0	−6 000	0	−2 000
Earnings Before Tax	368 000	411 000	450 000	381 000
Tax	81 000	90 000	99 000	84 000
Net Income	287 000	321 000	351 000	297 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	724 000	765 000	779 000	1 295 000
Total Current Assets	923 000	735 000	979 000	333 000
Total Assets	1 647 000	1 500 000	1 758 000	1 627 000
Total Retained Equity	419 000	332 000	131 000	180 000
Total Equity	1 341 000	1 254 000	1 253 000	1 302 000
Total Long-Term Debt	2 000	3 000	3 000	2 000
Total Current Debt	305 000	244 000	502 000	323 000
Total Equity and Debt	1 647 000	1 500 000	1 758 000	1 627 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	500 000	500 000	522 000	500 000
Revenue	500 000	500 000	522 000	500 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	41 000	40 000	37 000	37 000
Impairment	0	0	0	0
Expenditure	133 000	83 000	71 000	118 000
Operating Profit	368 000	417 000	450 000	383 000
Financial Income	0	0	0	0
Financial Costs	0	6 000	0	2 000
Financial Balance	0	−6 000	0	−2 000
Dividends	200 000	320 000	400 000	400 000
Net Income	287 000	321 000	351 000	297 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	686 000	721 000	757 000	1 270 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	39 000	44 000	22 000	25 000
Total Tangible Assets	724 000	765 000	779 000	1 295 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	724 000	765 000	779 000	1 295 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	797 000	601 000	858 000	314 000
Total Current Assets	923 000	735 000	979 000	333 000
Total Assets	1 647 000	1 500 000	1 758 000	1 627 000
Total Equity	1 341 000	1 254 000	1 253 000	1 302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	3 000	3 000	2 000
Creditors	6 000	8 000	4 000	19 000
Unpaid Taxes	16 000	26 000	0	19 000
Dividends	200 000	320 000	400 000	400 000
Other Current Debt	0	0	0	2 000
Total Current Debt	305 000	244 000	502 000	323 000
Total Equity and Debt	1 647 000	1 500 000	1 758 000	1 627 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,4 %	25,6 %	28,01 %	22,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	73,6 %	83,4 %	86,21 %	76,6 %
Current Ratio	3,03	3,01	1,95	1,03
Quick Ratio	3,03	3,01	1,95	1,03
Equity Ratio	0,81	0,84	0,71	0,8
Gross Profit Margin	100 %	100 %	100 %	100 %