FORMO BOLIG 2 AS

7030 TRONDHEIM

Finances

Share Ownership

Return on Equity

93,46 %

Current Ratio

7,68

Debt-to-Equity Ratio

23,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 369 000	1 372 000	1 469 000	1 383 000
Net Income	429 000	415 000	664 000	711 000
Total Assets	11 623 000	11 872 000	9 090 000	9 117 000
Total Equity	459 000	30 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 369 000	1 372 000	1 469 000	1 383 000
Expenditure	420 000	564 000	380 000	228 000
Operating Profit	949 000	808 000	1 090 000	1 155 000
Financial Income	0	0	0	0
Financial Costs	399 000	276 000	239 000	245 000
Financial Balance	−399 000	−276 000	−239 000	−245 000
Earnings Before Tax	550 000	532 000	851 000	910 000
Tax	121 000	117 000	187 000	199 000
Net Income	429 000	415 000	664 000	711 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 059 000	9 059 000	9 059 000	9 059 000
Total Current Assets	2 564 000	2 814 000	32 000	58 000
Total Assets	11 623 000	11 872 000	9 090 000	9 117 000
Total Retained Equity	434 000	6 000	6 000	6 000
Total Equity	459 000	30 000	30 000	30 000
Total Long-Term Debt	10 830 000	11 286 000	8 182 000	8 182 000
Total Current Debt	334 000	556 000	878 000	905 000
Total Equity and Debt	11 623 000	11 872 000	9 090 000	9 117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 369 000	1 372 000	1 469 000	1 383 000
Revenue	1 369 000	1 372 000	1 469 000	1 383 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	420 000	564 000	380 000	228 000
Operating Profit	949 000	808 000	1 090 000	1 155 000
Financial Income	0	0	0	0
Financial Costs	399 000	276 000	239 000	245 000
Financial Balance	−399 000	−276 000	−239 000	−245 000
Dividends	0	0	0	0
Net Income	429 000	415 000	664 000	711 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 059 000	9 059 000	9 059 000	9 059 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 059 000	9 059 000	9 059 000	9 059 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 059 000	9 059 000	9 059 000	9 059 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	231 000	254 000	32 000	58 000
Total Current Assets	2 564 000	2 814 000	32 000	58 000
Total Assets	11 623 000	11 872 000	9 090 000	9 117 000
Total Equity	459 000	30 000	30 000	30 000
Short-Term Group Debt	200 000	532 000	878 000	905 000
Total Long-Term Debt	10 830 000	11 286 000	8 182 000	8 182 000
Creditors	0	17 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	13 000	8 000	0	0
Total Current Debt	334 000	556 000	878 000	905 000
Total Equity and Debt	11 623 000	11 872 000	9 090 000	9 117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,46 %	1 383,33 %	2 213,33 %	2 370 %
Debt-to-Equity Ratio	23,59	376,2	272,73	272,73
Operating Profit Margin	69,32 %	58,89 %	74,2 %	83,51 %
Current Ratio	7,68	5,06	0,04	0,06
Quick Ratio	7,68	5,06	0,04	0,06
Equity Ratio	0,04	0	0	0
Gross Profit Margin	100 %	100 %	100 %	100 %