FORTIS AS

5239 RÅDAL

Finances

Return on Equity

4,43 %

Current Ratio

1,82

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020
Revenue	615 000	100 000	300 000
Net Income	436 000	−186 000	2 715 000
Total Assets	11 884 000	18 613 000	19 881 000
Total Equity	9 836 000	9 775 000	10 461 000

Income (NOK)	2022	2021	2020
Revenue	615 000	100 000	300 000
Expenditure	55 000	102 000	17 000
Operating Profit	560 000	−2 000	283 000
Financial Income	3 000	4 000	2 542 000
Financial Costs	26 000	204 000	28 000
Financial Balance	−23 000	−200 000	2 514 000
Earnings Before Tax	537 000	−203 000	2 797 000
Tax	101 000	−17 000	82 000
Net Income	436 000	−186 000	2 715 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	9 367 000	8 916 000	12 931 000
Total Current Assets	2 517 000	9 697 000	6 950 000
Total Assets	11 884 000	18 613 000	19 881 000
Total Retained Equity	1 590 000	1 529 000	2 215 000
Total Equity	9 836 000	9 775 000	10 461 000
Total Long-Term Debt	665 000	8 794 000	9 275 000
Total Current Debt	1 383 000	45 000	145 000
Total Equity and Debt	11 884 000	18 613 000	19 881 000

Cash flow (NOK)	2022	2021	2020
Sales Income	100 000	100 000	300 000
Other Income	515 000	0	0
Revenue	615 000	100 000	300 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	55 000	102 000	17 000
Operating Profit	560 000	−2 000	283 000
Financial Income	3 000	4 000	2 542 000
Financial Costs	26 000	204 000	28 000
Financial Balance	−23 000	−200 000	2 514 000
Dividends	375 000	500 000	500 000
Net Income	436 000	−186 000	2 715 000

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	9 367 000	8 916 000	12 931 000
Total Fixed Assets	9 367 000	8 916 000	12 931 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	171 000	3 017 000	2 229 000
Total Current Assets	2 517 000	9 697 000	6 950 000
Total Assets	11 884 000	18 613 000	19 881 000
Total Equity	9 836 000	9 775 000	10 461 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	665 000	8 794 000	9 275 000
Creditors	4 000	26 000	0
Unpaid Taxes	24 000	18 000	67 000
Dividends	375 000	500 000	500 000
Other Current Debt	1 254 000	0	13 000
Total Current Debt	1 383 000	45 000	145 000
Total Equity and Debt	11 884 000	18 613 000	19 881 000

Financial indicators	2022	2021	2020
Return on Equity	4,43 %	−1,9 %	25,95 %
Debt-to-Equity Ratio	0,07	0,9	0,89
Operating Profit Margin	91,06 %	−2 %	94,33 %
Current Ratio	1,82	215,49	47,93
Quick Ratio	1,82	215,49	47,93
Equity Ratio	0,83	0,53	0,53
Gross Profit Margin	100 %	100 %	100 %