FAGERÅSBAKKENE AS

8624 MO I RANA

Finances

Share Ownership

Return on Equity

−66,5 %

Current Ratio

0,48

Debt-to-Equity Ratio

158,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 997 000	1 164 000	362 000	240 000
Net Income	−135 000	1 000	42 000	0
Total Assets	34 825 000	34 231 000	29 605 000	4 638 000
Total Equity	203 000	337 000	336 000	294 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 997 000	1 164 000	362 000	240 000
Expenditure	2 689 000	1 044 000	305 000	127 000
Operating Profit	1 308 000	120 000	56 000	113 000
Financial Income	34 000	13 000	2 000	0
Financial Costs	1 496 000	125 000	4 000	114 000
Financial Balance	−1 462 000	−112 000	−2 000	−114 000
Earnings Before Tax	−153 000	8 000	54 000	0
Tax	−18 000	6 000	12 000	0
Net Income	−135 000	1 000	42 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 689 000	32 245 000	20 528 000	3 780 000
Total Current Assets	1 136 000	1 986 000	9 078 000	858 000
Total Assets	34 825 000	34 231 000	29 605 000	4 638 000
Total Retained Equity	0	44 000	42 000	0
Total Equity	203 000	337 000	336 000	294 000
Total Long-Term Debt	32 272 000	31 695 000	23 732 000	3 932 000
Total Current Debt	2 350 000	2 198 000	5 537 000	412 000
Total Equity and Debt	34 825 000	34 231 000	29 605 000	4 638 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 567 000	728 000	362 000	240 000
Other Income	2 430 000	436 000	0	0
Revenue	3 997 000	1 164 000	362 000	240 000
Cost of Goods Sold	60 000	7 000	5 000	0
Salary Costs	5 000	1 000	1 000	0
Depreciation	2 057 000	429 000	18 000	0
Impairment	0	0	0	0
Expenditure	2 689 000	1 044 000	305 000	127 000
Operating Profit	1 308 000	120 000	56 000	113 000
Financial Income	34 000	13 000	2 000	0
Financial Costs	1 496 000	125 000	4 000	114 000
Financial Balance	−1 462 000	−112 000	−2 000	−114 000
Dividends	0	0	0	0
Net Income	−135 000	1 000	42 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 691 000	15 328 000	12 926 000	568 000
Machinery and Plant Facilities	15 689 000	15 514 000	5 974 000	1 577 000
Fixtures	1 310 000	1 403 000	1 627 000	1 635 000
Total Tangible Assets	33 689 000	32 245 000	20 528 000	3 780 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 689 000	32 245 000	20 528 000	3 780 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	627 000	1 349 000	6 474 000	510 000
Total Current Assets	1 136 000	1 986 000	9 078 000	858 000
Total Assets	34 825 000	34 231 000	29 605 000	4 638 000
Total Equity	203 000	337 000	336 000	294 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 272 000	31 695 000	23 732 000	3 932 000
Creditors	403 000	1 583 000	5 153 000	412 000
Unpaid Taxes	191 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 756 000	615 000	384 000	0
Total Current Debt	2 350 000	2 198 000	5 537 000	412 000
Total Equity and Debt	34 825 000	34 231 000	29 605 000	4 638 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−66,5 %	0,3 %	12,5 %	0 %
Debt-to-Equity Ratio	158,98	94,05	70,63	13,37
Operating Profit Margin	32,72 %	10,31 %	15,47 %	47,08 %
Current Ratio	0,48	0,9	1,64	2,08
Quick Ratio	0,48	0,9	1,64	2,08
Equity Ratio	0,01	0,01	0,01	0,06
Gross Profit Margin	98,5 %	99,4 %	98,62 %	100 %