FORMO BOLIG 1 AS

7030 TRONDHEIM

Finances

Share Ownership

Return on Equity

98,25 %

Current Ratio

1,22

Debt-to-Equity Ratio

9,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 094 000	2 092 000	1 922 000	1 936 000
Net Income	1 684 000	763 000	878 000	893 000
Total Assets	19 407 000	18 618 000	18 613 000	18 621 000
Total Equity	1 714 000	30 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 094 000	2 092 000	1 922 000	1 936 000
Expenditure	417 000	436 000	292 000	183 000
Operating Profit	1 677 000	1 656 000	1 630 000	1 753 000
Financial Income	1 222 000	0	0	0
Financial Costs	741 000	677 000	505 000	610 000
Financial Balance	481 000	−677 000	−505 000	−610 000
Earnings Before Tax	2 159 000	979 000	1 126 000	1 143 000
Tax	475 000	215 000	248 000	250 000
Net Income	1 684 000	763 000	878 000	893 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 563 000	18 563 000	18 563 000	18 563 000
Total Current Assets	845 000	56 000	50 000	58 000
Total Assets	19 407 000	18 618 000	18 613 000	18 621 000
Total Retained Equity	1 689 000	6 000	6 000	6 000
Total Equity	1 714 000	30 000	30 000	30 000
Total Long-Term Debt	17 000 000	17 500 000	17 454 000	17 454 000
Total Current Debt	694 000	1 088 000	1 129 000	1 137 000
Total Equity and Debt	19 407 000	18 618 000	18 613 000	18 621 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 094 000	2 092 000	1 922 000	1 936 000
Revenue	2 094 000	2 092 000	1 922 000	1 936 000
Cost of Goods Sold	0	0	11 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	417 000	436 000	292 000	183 000
Operating Profit	1 677 000	1 656 000	1 630 000	1 753 000
Financial Income	1 222 000	0	0	0
Financial Costs	741 000	677 000	505 000	610 000
Financial Balance	481 000	−677 000	−505 000	−610 000
Dividends	0	0	0	0
Net Income	1 684 000	763 000	878 000	893 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 563 000	18 563 000	18 563 000	18 563 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 563 000	18 563 000	18 563 000	18 563 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 563 000	18 563 000	18 563 000	18 563 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	556 000	9 000	50 000	58 000
Total Current Assets	845 000	56 000	50 000	58 000
Total Assets	19 407 000	18 618 000	18 613 000	18 621 000
Total Equity	1 714 000	30 000	30 000	30 000
Short-Term Group Debt	0	979 000	1 129 000	1 137 000
Total Long-Term Debt	17 000 000	17 500 000	17 454 000	17 454 000
Creditors	33 000	13 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	186 000	97 000	0	0
Total Current Debt	694 000	1 088 000	1 129 000	1 137 000
Total Equity and Debt	19 407 000	18 618 000	18 613 000	18 621 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,25 %	2 543,33 %	2 926,67 %	2 976,67 %
Debt-to-Equity Ratio	9,92	583,33	581,8	581,8
Operating Profit Margin	80,09 %	79,16 %	84,81 %	90,55 %
Current Ratio	1,22	0,05	0,04	0,05
Quick Ratio	1,22	0,05	0,04	0,05
Equity Ratio	0,09	0	0	0
Gross Profit Margin	100 %	100 %	99,43 %	100 %