FVEG 42 AS

5235 RÅDAL

Finances

Share Ownership

Return on Equity

46,53 %

Current Ratio

2,63

Debt-to-Equity Ratio

42,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 696 000	2 118 000	1 976 000	0
Net Income	221 000	226 000	452 000	−225 000
Total Assets	21 454 000	21 403 000	21 808 000	17 116 000
Total Equity	475 000	254 000	28 000	−151 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 696 000	2 118 000	1 976 000	0
Expenditure	1 724 000	1 302 000	837 000	20 000
Operating Profit	972 000	816 000	1 139 000	−20 000
Financial Income	6 000	0	1 000	26 000
Financial Costs	694 000	526 000	591 000	232 000
Financial Balance	−688 000	−526 000	−590 000	−206 000
Earnings Before Tax	284 000	290 000	549 000	−225 000
Tax	62 000	64 000	97 000	0
Net Income	221 000	226 000	452 000	−225 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 542 000	20 027 000	20 837 000	16 809 000
Total Current Assets	1 912 000	1 377 000	972 000	307 000
Total Assets	21 454 000	21 403 000	21 808 000	17 116 000
Total Retained Equity	401 000	180 000	−46 000	−225 000
Total Equity	475 000	254 000	28 000	−151 000
Total Long-Term Debt	20 251 000	20 577 000	20 805 000	17 268 000
Total Current Debt	728 000	572 000	976 000	0
Total Equity and Debt	21 454 000	21 403 000	21 808 000	17 116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 696 000	2 118 000	1 976 000	0
Other Income	0	0	0	0
Revenue	2 696 000	2 118 000	1 976 000	0
Cost of Goods Sold	371 000	190 000	97 000	0
Salary Costs	0	0	0	0
Depreciation	485 000	508 000	260 000	0
Impairment	0	0	0	0
Expenditure	1 724 000	1 302 000	837 000	20 000
Operating Profit	972 000	816 000	1 139 000	−20 000
Financial Income	6 000	0	1 000	26 000
Financial Costs	694 000	526 000	591 000	232 000
Financial Balance	−688 000	−526 000	−590 000	−206 000
Dividends	0	0	0	0
Net Income	221 000	226 000	452 000	−225 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 435 000	19 893 000	20 669 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	107 000	134 000	167 000	0
Total Tangible Assets	19 542 000	20 027 000	20 837 000	0
Total Fiancial Fixed Assets	0	0	0	16 809 000
Total Fixed Assets	19 542 000	20 027 000	20 837 000	16 809 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 344 000	845 000	440 000	307 000
Total Current Assets	1 912 000	1 377 000	972 000	307 000
Total Assets	21 454 000	21 403 000	21 808 000	17 116 000
Total Equity	475 000	254 000	28 000	−151 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 251 000	20 577 000	20 805 000	17 268 000
Creditors	37 000	33 000	456 000	0
Unpaid Taxes	110 000	89 000	98 000	0
Dividends	0	0	0	0
Other Current Debt	522 000	422 000	422 000	0
Total Current Debt	728 000	572 000	976 000	0
Total Equity and Debt	21 454 000	21 403 000	21 808 000	17 116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,53 %	88,98 %	1 614,29 %	149,01 %
Debt-to-Equity Ratio	42,63	81,01	743,04	−114,36
Operating Profit Margin	36,05 %	38,53 %	57,64 %	-
Current Ratio	2,63	2,41	1	-
Quick Ratio	2,63	2,41	1	-
Equity Ratio	0,02	0,01	0	−0,01
Gross Profit Margin	86,24 %	91,03 %	95,09 %	-