FESTNINGSGATA 40 BOLIG AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

−33,05 %

Current Ratio

349,09

Debt-to-Equity Ratio

7,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	247 000	20 727 000	10 990 000	0
Net Income	−633 000	4 855 000	2 410 000	−3 000
Total Assets	16 551 000	21 075 000	29 346 000	2 638 000
Total Equity	1 915 000	2 548 000	52 000	877 000

Income (NOK)	2022	2021	2020	2019
Revenue	247 000	20 727 000	10 990 000	0
Expenditure	453 000	925 000	113 000	5 000
Operating Profit	−207 000	6 707 000	3 090 000	−5 000
Financial Income	0	1 000	0	0
Financial Costs	604 000	484 000	0	0
Financial Balance	−604 000	−483 000	0	0
Earnings Before Tax	−811 000	6 224 000	3 090 000	−5 000
Tax	−178 000	1 369 000	680 000	−2 000
Net Income	−633 000	4 855 000	2 410 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	144 000	0	0	0
Total Current Assets	16 407 000	21 075 000	29 346 000	2 638 000
Total Assets	16 551 000	21 075 000	29 346 000	2 638 000
Total Retained Equity	1 877 000	2 510 000	14 000	840 000
Total Equity	1 915 000	2 548 000	52 000	877 000
Total Long-Term Debt	14 589 000	14 623 000	68 000	86 000
Total Current Debt	47 000	3 904 000	29 226 000	1 675 000
Total Equity and Debt	16 551 000	21 075 000	29 346 000	2 638 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	20 670 000	10 990 000	0
Other Income	247 000	57 000	0	0
Revenue	247 000	20 727 000	10 990 000	0
Cost of Goods Sold	0	89 000	73 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	453 000	925 000	113 000	5 000
Operating Profit	−207 000	6 707 000	3 090 000	−5 000
Financial Income	0	1 000	0	0
Financial Costs	604 000	484 000	0	0
Financial Balance	−604 000	−483 000	0	0
Dividends	0	0	1 350 000	0
Net Income	−633 000	4 855 000	2 410 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	144 000	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	0	0	0	0
Total Fixed Assets	144 000	0	0	0
Stock	13 192 000	13 192 000	26 287 000	2 638 000
Total Investments	0	0	0	0
Cash, Bank	67 000	105 000	90 000	0
Total Current Assets	16 407 000	21 075 000	29 346 000	2 638 000
Total Assets	16 551 000	21 075 000	29 346 000	2 638 000
Total Equity	1 915 000	2 548 000	52 000	877 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 589 000	14 623 000	68 000	86 000
Creditors	19 000	27 000	94 000	11 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	1 350 000	0
Other Current Debt	27 000	3 139 000	28 966 000	1 664 000
Total Current Debt	47 000	3 904 000	29 226 000	1 675 000
Total Equity and Debt	16 551 000	21 075 000	29 346 000	2 638 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,05 %	190,54 %	4 634,62 %	−0,34 %
Debt-to-Equity Ratio	7,62	5,74	1,31	0,1
Operating Profit Margin	−83,81 %	32,36 %	28,12 %	-
Current Ratio	349,09	5,4	1	1,57
Quick Ratio	−1,25	−2,27	9,99	−2,74
Equity Ratio	0,12	0,12	0	0,33
Gross Profit Margin	100 %	99,57 %	99,34 %	-