FINNSNES FERIESENTER AS

9308 FINNSNES

Finances

Share Ownership

Return on Equity

29,07 %

Current Ratio

−0,7

Debt-to-Equity Ratio

4,33

Key figures (NOK)	2022	2021	2020
Revenue	1 695 000	2 050 000	1 213 000
Net Income	191 000	299 000	271 000
Total Assets	3 821 000	3 728 000	3 907 000
Total Equity	657 000	595 000	296 000

Income (NOK)	2022	2021	2020
Revenue	1 695 000	2 050 000	1 213 000
Expenditure	1 334 000	1 580 000	752 000
Operating Profit	361 000	470 000	460 000
Financial Income	0	−4 000	0
Financial Costs	171 000	159 000	107 000
Financial Balance	−171 000	−163 000	−107 000
Earnings Before Tax	191 000	307 000	353 000
Tax	0	8 000	82 000
Net Income	191 000	299 000	271 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 047 000	3 896 000	3 580 000
Total Current Assets	−225 000	−168 000	327 000
Total Assets	3 821 000	3 728 000	3 907 000
Total Retained Equity	565 000	565 000	266 000
Total Equity	657 000	595 000	296 000
Total Long-Term Debt	2 844 000	2 933 000	3 447 000
Total Current Debt	321 000	201 000	164 000
Total Equity and Debt	3 821 000	3 728 000	3 907 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 553 000	1 970 000	1 210 000
Other Income	142 000	80 000	3 000
Revenue	1 695 000	2 050 000	1 213 000
Cost of Goods Sold	50 000	8 000	1 000
Salary Costs	470 000	228 000	132 000
Depreciation	240 000	240 000	137 000
Impairment	0	0	0
Expenditure	1 334 000	1 580 000	752 000
Operating Profit	361 000	470 000	460 000
Financial Income	0	−4 000	0
Financial Costs	171 000	159 000	107 000
Financial Balance	−171 000	−163 000	−107 000
Dividends	0	0	0
Net Income	191 000	299 000	271 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	7 000	7 000	0
Real Eastate	4 039 000	3 889 000	3 580 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	4 039 000	3 889 000	3 580 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 047 000	3 896 000	3 580 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	−356 000	−320 000	139 000
Total Current Assets	−225 000	−168 000	327 000
Total Assets	3 821 000	3 728 000	3 907 000
Total Equity	657 000	595 000	296 000
Short-Term Group Debt	130 000	0	0
Total Long-Term Debt	2 844 000	2 933 000	3 447 000
Creditors	326 000	426 000	51 000
Unpaid Taxes	−57 000	−65 000	15 000
Dividends	0	0	0
Other Current Debt	−128 000	−254 000	22 000
Total Current Debt	321 000	201 000	164 000
Total Equity and Debt	3 821 000	3 728 000	3 907 000

Financial indicators	2022	2021	2020
Return on Equity	29,07 %	50,25 %	91,55 %
Debt-to-Equity Ratio	4,33	4,93	11,65
Operating Profit Margin	21,3 %	22,93 %	37,92 %
Current Ratio	−0,7	−0,84	1,99
Quick Ratio	−0,7	−0,84	1,99
Equity Ratio	0,17	0,16	0,08
Gross Profit Margin	97,05 %	99,61 %	99,92 %