FLØENBAKKEN BORETTSLAG

5009 BERGEN

Finances

Share Ownership

Return on Equity

96,38 %

Current Ratio

1,98

Debt-to-Equity Ratio

−1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 385 000	1 258 000	1 208 000	1 140 000
Net Income	−9 997 000	284 000	−353 000	17 000
Total Assets	3 492 000	3 172 000	2 868 000	3 316 000
Total Equity	−10 373 000	−376 000	−660 000	−307 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 385 000	1 258 000	1 208 000	1 140 000
Expenditure	11 270 000	917 000	1 485 000	−1 048 000
Operating Profit	−9 885 000	341 000	−278 000	92 000
Financial Income	12 000	1 000	5 000	7 000
Financial Costs	123 000	58 000	80 000	−82 000
Financial Balance	−111 000	−57 000	−75 000	89 000
Earnings Before Tax	−9 997 000	284 000	−278 000	92 000
Tax	0	0	0	0
Net Income	−9 997 000	284 000	−353 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 607 000	2 647 000	2 459 000	2 464 000
Total Current Assets	885 000	526 000	409 000	852 000
Total Assets	3 492 000	3 172 000	2 868 000	3 316 000
Total Retained Equity	−10 475 000	−478 000	−762 000	−409 000
Total Equity	−10 373 000	−376 000	−660 000	−307 000
Total Long-Term Debt	13 418 000	3 310 000	3 381 000	3 440 000
Total Current Debt	447 000	238 000	148 000	183 000
Total Equity and Debt	3 492 000	3 172 000	2 868 000	3 316 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 385 000	1 258 000	0	0
Other Income	0	0	1 208 000	1 140 000
Revenue	1 385 000	1 258 000	1 208 000	1 140 000
Cost of Goods Sold	0	0	0	0
Salary Costs	64 000	71 000	44 000	−54 000
Depreciation	40 000	13 000	4 000	−10 000
Impairment	0	0	0	0
Expenditure	11 270 000	917 000	1 485 000	−1 048 000
Operating Profit	−9 885 000	341 000	−278 000	92 000
Financial Income	12 000	1 000	5 000	7 000
Financial Costs	123 000	58 000	80 000	−82 000
Financial Balance	−111 000	−57 000	−75 000	89 000
Dividends	0	0	0	0
Net Income	−9 997 000	284 000	−353 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 459 000	2 459 000	2 459 000	2 459 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	147 000	187 000	0	4 000
Total Tangible Assets	2 607 000	2 647 000	2 459 000	2 464 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 607 000	2 647 000	2 459 000	2 464 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	864 000	378 000	392 000	755 000
Total Current Assets	885 000	526 000	409 000	852 000
Total Assets	3 492 000	3 172 000	2 868 000	3 316 000
Total Equity	−10 373 000	−376 000	−660 000	−307 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 418 000	3 310 000	3 381 000	3 440 000
Creditors	299 000	143 000	22 000	112 000
Unpaid Taxes	13 000	27 000	11 000	11 000
Dividends	0	0	0	0
Other Current Debt	134 000	68 000	115 000	60 000
Total Current Debt	447 000	238 000	148 000	183 000
Total Equity and Debt	3 492 000	3 172 000	2 868 000	3 316 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,38 %	−75,53 %	53,48 %	−5,54 %
Debt-to-Equity Ratio	−1,29	−8,8	−5,12	−11,21
Operating Profit Margin	−713,72 %	27,11 %	−23,01 %	8,07 %
Current Ratio	1,98	2,21	2,76	4,66
Quick Ratio	1,98	2,21	2,76	4,66
Equity Ratio	−2,97	−0,12	−0,23	−0,09
Gross Profit Margin	100 %	100 %	100 %	100 %