FLEKKEFJORD EIENDOM AS

4405 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

−22,22 %

Current Ratio

0,4

Debt-to-Equity Ratio

17,91

Key figures (NOK)	2022	2021	2020
Revenue	1 867 000	1 297 000	492 000
Net Income	−268 000	−254 000	−264 000
Total Assets	25 085 000	25 122 000	9 009 000
Total Equity	1 206 000	1 473 000	1 727 000

Income (NOK)	2022	2021	2020
Revenue	1 867 000	1 297 000	492 000
Expenditure	1 323 000	1 053 000	646 000
Operating Profit	544 000	244 000	−154 000
Financial Income	0	0	0
Financial Costs	887 000	569 000	188 000
Financial Balance	−887 000	−569 000	−188 000
Earnings Before Tax	−343 000	−325 000	−341 000
Tax	−75 000	−72 000	−77 000
Net Income	−268 000	−254 000	−264 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	24 176 000	24 644 000	8 636 000
Total Current Assets	909 000	478 000	373 000
Total Assets	25 085 000	25 122 000	9 009 000
Total Retained Equity	−794 000	−527 000	−273 000
Total Equity	1 206 000	1 473 000	1 727 000
Total Long-Term Debt	21 600 000	21 600 000	7 200 000
Total Current Debt	2 280 000	2 049 000	82 000
Total Equity and Debt	25 085 000	25 122 000	9 009 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 867 000	1 297 000	0
Other Income	0	0	492 000
Revenue	1 867 000	1 297 000	492 000
Cost of Goods Sold	0	35 000	30 000
Salary Costs	0	0	0
Depreciation	543 000	465 000	154 000
Impairment	0	0	0
Expenditure	1 323 000	1 053 000	646 000
Operating Profit	544 000	244 000	−154 000
Financial Income	0	0	0
Financial Costs	887 000	569 000	188 000
Financial Balance	−887 000	−569 000	−188 000
Dividends	0	0	0
Net Income	−268 000	−254 000	−264 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	224 000	149 000	77 000
Real Eastate	23 952 000	24 495 000	8 559 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	23 952 000	24 495 000	8 559 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	24 176 000	24 644 000	8 636 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	650 000	389 000	348 000
Total Current Assets	909 000	478 000	373 000
Total Assets	25 085 000	25 122 000	9 009 000
Total Equity	1 206 000	1 473 000	1 727 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	21 600 000	21 600 000	7 200 000
Creditors	72 000	55 000	63 000
Unpaid Taxes	72 000	6 000	20 000
Dividends	0	0	0
Other Current Debt	2 135 000	1 987 000	0
Total Current Debt	2 280 000	2 049 000	82 000
Total Equity and Debt	25 085 000	25 122 000	9 009 000

Financial indicators	2022	2021	2020
Return on Equity	−22,22 %	−17,24 %	−15,29 %
Debt-to-Equity Ratio	17,91	14,66	4,17
Operating Profit Margin	29,14 %	18,81 %	−31,3 %
Current Ratio	0,4	0,23	4,55
Quick Ratio	0,4	0,23	4,55
Equity Ratio	0,05	0,06	0,19
Gross Profit Margin	100 %	97,3 %	93,9 %