FORSTADEN EIENDOM AS

0161 OSLO

Finances

Return on Equity

142,77 %

Current Ratio

42,11

Debt-to-Equity Ratio

14,03

Key figures (NOK)	2021	2020	2019
Revenue	22 588 000	160 000	80 000
Net Income	2 013 000	−42 000	−583 000
Total Assets	21 559 000	30 980 000	16 690 000
Total Equity	1 410 000	−603 000	−561 000

Income (NOK)	2021	2020	2019
Revenue	22 588 000	160 000	80 000
Expenditure	226 000	154 000	57 000
Operating Profit	2 394 000	7 000	22 000
Financial Income	530 000	91 000	0
Financial Costs	506 000	140 000	606 000
Financial Balance	24 000	−49 000	−606 000
Earnings Before Tax	2 418 000	−42 000	−583 000
Tax	405 000	0	0
Net Income	2 013 000	−42 000	−583 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	6 148 000	5 757 000	0
Total Current Assets	15 411 000	25 223 000	16 690 000
Total Assets	21 559 000	30 980 000	16 690 000
Total Retained Equity	1 387 000	−626 000	−583 000
Total Equity	1 410 000	−603 000	−561 000
Total Long-Term Debt	19 783 000	17 328 000	17 061 000
Total Current Debt	366 000	14 255 000	189 000
Total Equity and Debt	21 559 000	30 980 000	16 690 000

Cash flow (NOK)	2021	2020	2019
Sales Income	22 455 000	0	0
Other Income	133 000	160 000	80 000
Revenue	22 588 000	160 000	80 000
Cost of Goods Sold	35 000	33 000	44 000
Salary Costs	0	0	0
Depreciation	10 000	9 000	0
Impairment	0	0	0
Expenditure	226 000	154 000	57 000
Operating Profit	2 394 000	7 000	22 000
Financial Income	530 000	91 000	0
Financial Costs	506 000	140 000	606 000
Financial Balance	24 000	−49 000	−606 000
Dividends	0	0	0
Net Income	2 013 000	−42 000	−583 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	33 000	43 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	6 115 000	5 713 000	0
Total Fixed Assets	6 148 000	5 757 000	0
Stock	14 334 000	24 884 000	15 634 000
Total Investments	0	0	0
Cash, Bank	80 000	134 000	1 050 000
Total Current Assets	15 411 000	25 223 000	16 690 000
Total Assets	21 559 000	30 980 000	16 690 000
Total Equity	1 410 000	−603 000	−561 000
Short-Term Group Debt	0	233 000	0
Total Long-Term Debt	19 783 000	17 328 000	17 061 000
Creditors	203 000	108 000	34 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	153 000	1 758 000	156 000
Total Current Debt	366 000	14 255 000	189 000
Total Equity and Debt	21 559 000	30 980 000	16 690 000

Financial indicators	2021	2020	2019
Return on Equity	142,77 %	6,97 %	103,92 %
Debt-to-Equity Ratio	14,03	−28,74	−30,41
Operating Profit Margin	10,6 %	4,38 %	27,5 %
Current Ratio	42,11	1,77	88,31
Quick Ratio	−1,1	−2,37	−1,08
Equity Ratio	0,07	−0,02	−0,03
Gross Profit Margin	99,85 %	79,38 %	45 %