FLØTNINGEN PARK III BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

−6,28 %

Current Ratio

1,7

Debt-to-Equity Ratio

942,3

Key figures (NOK)	2022	2021	2020
Revenue	5 362 000	3 843 000	1 919 000
Net Income	−15 000	−460 000	489 000
Total Assets	225 789 000	225 789 000	226 195 000
Total Equity	239 000	254 000	714 000

Income (NOK)	2022	2021	2020
Revenue	5 362 000	3 843 000	1 919 000
Expenditure	2 665 000	2 412 000	516 000
Operating Profit	2 698 000	1 431 000	1 403 000
Financial Income	3 000	1 000	0
Financial Costs	2 716 000	1 892 000	914 000
Financial Balance	−2 713 000	−1 891 000	−914 000
Earnings Before Tax	−15 000	−460 000	489 000
Tax	0	0	0
Net Income	−15 000	−460 000	489 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	225 210 000	225 210 000	225 210 000
Total Current Assets	579 000	579 000	985 000
Total Assets	225 789 000	225 789 000	226 195 000
Total Retained Equity	14 000	29 000	489 000
Total Equity	239 000	254 000	714 000
Total Long-Term Debt	225 210 000	225 210 000	225 210 000
Total Current Debt	340 000	325 000	271 000
Total Equity and Debt	225 789 000	225 789 000	226 195 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	5 362 000	3 843 000	1 919 000
Revenue	5 362 000	3 843 000	1 919 000
Cost of Goods Sold	0	0	0
Salary Costs	80 000	26 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 665 000	2 412 000	516 000
Operating Profit	2 698 000	1 431 000	1 403 000
Financial Income	3 000	1 000	0
Financial Costs	2 716 000	1 892 000	914 000
Financial Balance	−2 713 000	−1 891 000	−914 000
Dividends	0	0	0
Net Income	−15 000	−460 000	489 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	225 210 000	225 210 000	225 210 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	225 210 000	225 210 000	225 210 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	225 210 000	225 210 000	225 210 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	440 000	472 000	904 000
Total Current Assets	579 000	579 000	985 000
Total Assets	225 789 000	225 789 000	226 195 000
Total Equity	239 000	254 000	714 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	225 210 000	225 210 000	225 210 000
Creditors	247 000	241 000	93 000
Unpaid Taxes	0	8 000	0
Dividends	0	0	0
Other Current Debt	93 000	75 000	178 000
Total Current Debt	340 000	325 000	271 000
Total Equity and Debt	225 789 000	225 789 000	226 195 000

Financial indicators	2022	2021	2020
Return on Equity	−6,28 %	−181,1 %	68,49 %
Debt-to-Equity Ratio	942,3	886,65	315,42
Operating Profit Margin	50,32 %	37,24 %	73,11 %
Current Ratio	1,7	1,78	3,63
Quick Ratio	1,7	1,78	3,63
Equity Ratio	0	0	0
Gross Profit Margin	100 %	100 %	100 %