FINNSÆTER LODGE AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

54,01 %

Current Ratio

77,94

Debt-to-Equity Ratio

−10,54

Key figures (NOK)	2022	2021	2020
Revenue	8 000	0	0
Net Income	−74 000	−76 000	−11 000
Total Assets	1 325 000	1 242 000	1 280 000
Total Equity	−137 000	−62 000	14 000

Income (NOK)	2022	2021	2020
Revenue	8 000	0	0
Expenditure	43 000	38 000	6 000
Operating Profit	−34 000	−38 000	−6 000
Financial Income	0	0	0
Financial Costs	40 000	38 000	5 000
Financial Balance	−40 000	−38 000	−5 000
Earnings Before Tax	−74 000	−76 000	−11 000
Tax	0	0	0
Net Income	−74 000	−76 000	−11 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	1 325 000	1 242 000	1 280 000
Total Assets	1 325 000	1 242 000	1 280 000
Total Retained Equity	−161 000	−87 000	−11 000
Total Equity	−137 000	−62 000	14 000
Total Long-Term Debt	1 444 000	1 304 000	1 266 000
Total Current Debt	17 000	0	0
Total Equity and Debt	1 325 000	1 242 000	1 280 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	8 000	0	0
Revenue	8 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	43 000	38 000	6 000
Operating Profit	−34 000	−38 000	−6 000
Financial Income	0	0	0
Financial Costs	40 000	38 000	5 000
Financial Balance	−40 000	−38 000	−5 000
Dividends	0	0	0
Net Income	−74 000	−76 000	−11 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	1 231 000	1 231 000	1 231 000
Total Investments	0	0	0
Cash, Bank	94 000	11 000	49 000
Total Current Assets	1 325 000	1 242 000	1 280 000
Total Assets	1 325 000	1 242 000	1 280 000
Total Equity	−137 000	−62 000	14 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 444 000	1 304 000	1 266 000
Creditors	17 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	17 000	0	0
Total Equity and Debt	1 325 000	1 242 000	1 280 000

Financial indicators	2022	2021	2020
Return on Equity	54,01 %	122,58 %	−78,57 %
Debt-to-Equity Ratio	−10,54	−21,03	90,43
Operating Profit Margin	−425 %	-	-
Current Ratio	77,94	-	-
Quick Ratio	−1,09	−1,01	−1,04
Equity Ratio	−0,1	−0,05	0,01
Gross Profit Margin	100 %	-	-