FLATSETSUND FINANS AS

6523 FREI

Finances

Return on Equity

36,63 %

Current Ratio

N/A

Debt-to-Equity Ratio

3,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 799 000	1 048 000	2 034 000	−6 000
Total Assets	23 826 000	22 027 000	22 029 000	22 030 000
Total Equity	4 911 000	3 112 000	2 064 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	0	0	0	6 000
Operating Profit	0	0	0	−6 000
Financial Income	1 800 000	1 200 000	2 200 000	0
Financial Costs	1 000	152 000	166 000	0
Financial Balance	1 799 000	1 048 000	2 034 000	0
Earnings Before Tax	1 799 000	1 048 000	2 034 000	−6 000
Tax	0	0	0	0
Net Income	1 799 000	1 048 000	2 034 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000 000	22 000 000	22 000 000	22 000 000
Total Current Assets	1 826 000	27 000	29 000	30 000
Total Assets	23 826 000	22 027 000	22 029 000	22 030 000
Total Retained Equity	4 875 000	3 077 000	0	−6 000
Total Equity	4 911 000	3 112 000	2 064 000	30 000
Total Long-Term Debt	18 915 000	18 915 000	14 465 000	11 000 000
Total Current Debt	0	0	5 500 000	11 000 000
Total Equity and Debt	23 826 000	22 027 000	22 029 000	22 030 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	0	0	0	6 000
Operating Profit	0	0	0	−6 000
Financial Income	1 800 000	1 200 000	2 200 000	0
Financial Costs	1 000	152 000	166 000	0
Financial Balance	1 799 000	1 048 000	2 034 000	0
Dividends	0	0	0	0
Net Income	1 799 000	1 048 000	2 034 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	22 000 000	22 000 000	22 000 000	22 000 000
Total Fixed Assets	22 000 000	22 000 000	22 000 000	22 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	26 000	27 000	29 000	30 000
Total Current Assets	1 826 000	27 000	29 000	30 000
Total Assets	23 826 000	22 027 000	22 029 000	22 030 000
Total Equity	4 911 000	3 112 000	2 064 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 915 000	18 915 000	14 465 000	11 000 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	5 500 000	11 000 000
Total Current Debt	0	0	5 500 000	11 000 000
Total Equity and Debt	23 826 000	22 027 000	22 029 000	22 030 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,63 %	33,68 %	98,55 %	−20 %
Debt-to-Equity Ratio	3,85	6,08	7,01	366,67
Operating Profit Margin	-	-	-	-
Current Ratio	-	-	0,01	0
Quick Ratio	-	-	0,01	0
Equity Ratio	0,21	0,14	0,09	0
Gross Profit Margin	-	-	-	-