FESTNINGSGATEN 1 AS

2213 KONGSVINGER

Finances

Share Ownership

Return on Equity

21,62 %

Current Ratio

3,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 070 000	590 000	565 000	494 000
Net Income	96 000	138 000	73 000	87 000
Total Assets	556 000	421 000	253 000	266 000
Total Equity	444 000	349 000	210 000	137 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 070 000	590 000	565 000	494 000
Expenditure	952 000	418 000	487 000	380 000
Operating Profit	118 000	173 000	77 000	114 000
Financial Income	5 000	4 000	6 000	3 000
Financial Costs	0	0	2 000	30 000
Financial Balance	5 000	4 000	4 000	−27 000
Earnings Before Tax	123 000	178 000	82 000	87 000
Tax	27 000	39 000	9 000	0
Net Income	96 000	138 000	73 000	87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	142 000	157 000	174 000	196 000
Total Current Assets	414 000	264 000	78 000	70 000
Total Assets	556 000	421 000	253 000	266 000
Total Retained Equity	319 000	224 000	85 000	12 000
Total Equity	444 000	349 000	210 000	137 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	112 000	72 000	43 000	129 000
Total Equity and Debt	556 000	421 000	253 000	266 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 000	28 000	229 000	0
Other Income	1 001 000	563 000	335 000	494 000
Revenue	1 070 000	590 000	565 000	494 000
Cost of Goods Sold	0	0	4 000	0
Salary Costs	25 000	30 000	25 000	35 000
Depreciation	15 000	18 000	21 000	26 000
Impairment	0	0	0	0
Expenditure	952 000	418 000	487 000	380 000
Operating Profit	118 000	173 000	77 000	114 000
Financial Income	5 000	4 000	6 000	3 000
Financial Costs	0	0	2 000	30 000
Financial Balance	5 000	4 000	4 000	−27 000
Dividends	0	0	0	0
Net Income	96 000	138 000	73 000	87 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	97 000	101 000	104 000	108 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 000	56 000	70 000	88 000
Total Tangible Assets	142 000	157 000	174 000	196 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	142 000	157 000	174 000	196 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	298 000	237 000	61 000	62 000
Total Current Assets	414 000	264 000	78 000	70 000
Total Assets	556 000	421 000	253 000	266 000
Total Equity	444 000	349 000	210 000	137 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	24 000	22 000	27 000	2 000
Unpaid Taxes	6 000	7 000	5 000	13 000
Dividends	0	0	0	0
Other Current Debt	55 000	4 000	3 000	4 000
Total Current Debt	112 000	72 000	43 000	129 000
Total Equity and Debt	556 000	421 000	253 000	266 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,62 %	39,54 %	34,76 %	63,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,03 %	29,32 %	13,63 %	23,08 %
Current Ratio	3,7	3,67	1,81	0,54
Quick Ratio	3,7	3,67	1,81	0,54
Equity Ratio	0,8	0,83	0,83	0,52
Gross Profit Margin	100 %	100 %	99,29 %	100 %