FLOODEGÅRDEN AS

3917 PORSGRUNN

Finances

Share Ownership

Return on Equity

−87,98 %

Current Ratio

6,13

Debt-to-Equity Ratio

100,43

Key figures (NOK)	2022	2021	2020
Revenue	3 479 000	519 000	0
Net Income	−878 000	−500 000	−910 000
Total Assets	106 890 000	92 044 000	32 287 000
Total Equity	998 000	1 076 000	−810 000

Income (NOK)	2022	2021	2020
Revenue	3 479 000	519 000	0
Expenditure	2 189 000	1 420 000	906 000
Operating Profit	1 291 000	−901 000	−906 000
Financial Income	0	5 000	0
Financial Costs	2 416 000	0	3 000
Financial Balance	−2 416 000	5 000	−3 000
Earnings Before Tax	−1 126 000	−897 000	−910 000
Tax	−248 000	−397 000	0
Net Income	−878 000	−500 000	−910 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	72 186 000	54 875 000	0
Total Current Assets	34 704 000	37 170 000	32 287 000
Total Assets	106 890 000	92 044 000	32 287 000
Total Retained Equity	0	0	−910 000
Total Equity	998 000	1 076 000	−810 000
Total Long-Term Debt	100 232 000	82 673 000	30 666 000
Total Current Debt	5 659 000	8 295 000	2 431 000
Total Equity and Debt	106 890 000	92 044 000	32 287 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	3 479 000	519 000	0
Revenue	3 479 000	519 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	537 000	403 000	0
Impairment	0	0	0
Expenditure	2 189 000	1 420 000	906 000
Operating Profit	1 291 000	−901 000	−906 000
Financial Income	0	5 000	0
Financial Costs	2 416 000	0	3 000
Financial Balance	−2 416 000	5 000	−3 000
Dividends	0	0	0
Net Income	−878 000	−500 000	−910 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	71 689 000	54 875 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	71 689 000	54 875 000	0
Total Fiancial Fixed Assets	497 000	0	0
Total Fixed Assets	72 186 000	54 875 000	0
Stock	31 740 000	27 168 000	30 954 000
Total Investments	0	0	0
Cash, Bank	279 000	3 849 000	499 000
Total Current Assets	34 704 000	37 170 000	32 287 000
Total Assets	106 890 000	92 044 000	32 287 000
Total Equity	998 000	1 076 000	−810 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	100 232 000	82 673 000	30 666 000
Creditors	5 603 000	8 292 000	2 426 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	56 000	3 000	5 000
Total Current Debt	5 659 000	8 295 000	2 431 000
Total Equity and Debt	106 890 000	92 044 000	32 287 000

Financial indicators	2022	2021	2020
Return on Equity	−87,98 %	−46,47 %	112,35 %
Debt-to-Equity Ratio	100,43	76,83	−37,86
Operating Profit Margin	37,11 %	−173,6 %	-
Current Ratio	6,13	4,48	13,28
Quick Ratio	−1,33	−1,97	−1,13
Equity Ratio	0,01	0,01	−0,03
Gross Profit Margin	100 %	100 %	-