FORENEDE AD EIENDOM AS

1390 VOLLEN

Finances

Share Ownership

Return on Equity

0,69 %

Current Ratio

16,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	265 000	270 000	1 427 000	289 000
Net Income	62 000	94 000	175 000	−51 000
Total Assets	9 167 000	9 072 000	9 139 000	7 182 000
Total Equity	9 028 000	8 965 000	8 872 000	3 228 000

Income (NOK)	2022	2021	2020	2019
Revenue	265 000	270 000	1 427 000	289 000
Expenditure	213 000	165 000	1 243 000	259 000
Operating Profit	52 000	105 000	183 000	30 000
Financial Income	28 000	15 000	39 000	2 000
Financial Costs	0	0	22 000	83 000
Financial Balance	28 000	15 000	17 000	−81 000
Earnings Before Tax	80 000	120 000	200 000	−51 000
Tax	18 000	26 000	25 000	0
Net Income	62 000	94 000	175 000	−51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 916 000	6 899 000	6 901 000	6 875 000
Total Current Assets	2 250 000	2 173 000	2 238 000	307 000
Total Assets	9 167 000	9 072 000	9 139 000	7 182 000
Total Retained Equity	2 558 000	2 495 000	2 402 000	2 330 000
Total Equity	9 028 000	8 965 000	8 872 000	3 228 000
Total Long-Term Debt	0	20 000	60 000	2 650 000
Total Current Debt	139 000	86 000	208 000	1 303 000
Total Equity and Debt	9 167 000	9 072 000	9 139 000	7 182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 000	48 000	1 218 000	60 000
Other Income	228 000	222 000	209 000	229 000
Revenue	265 000	270 000	1 427 000	289 000
Cost of Goods Sold	0	0	0	0
Salary Costs	40 000	25 000	868 000	93 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	213 000	165 000	1 243 000	259 000
Operating Profit	52 000	105 000	183 000	30 000
Financial Income	28 000	15 000	39 000	2 000
Financial Costs	0	0	22 000	83 000
Financial Balance	28 000	15 000	17 000	−81 000
Dividends	0	0	0	0
Net Income	62 000	94 000	175 000	−51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	24 000	26 000	0
Real Eastate	6 875 000	6 875 000	6 875 000	6 875 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 875 000	6 875 000	6 875 000	6 875 000
Total Fiancial Fixed Assets	34 000	0	0	0
Total Fixed Assets	6 916 000	6 899 000	6 901 000	6 875 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 213 000	2 057 000	2 192 000	299 000
Total Current Assets	2 250 000	2 173 000	2 238 000	307 000
Total Assets	9 167 000	9 072 000	9 139 000	7 182 000
Total Equity	9 028 000	8 965 000	8 872 000	3 228 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	20 000	60 000	2 650 000
Creditors	0	0	37 000	0
Unpaid Taxes	79 000	60 000	66 000	65 000
Dividends	0	0	0	0
Other Current Debt	59 000	2 000	93 000	1 238 000
Total Current Debt	139 000	86 000	208 000	1 303 000
Total Equity and Debt	9 167 000	9 072 000	9 139 000	7 182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,69 %	1,05 %	1,97 %	−1,58 %
Debt-to-Equity Ratio	0	0	0,01	0,82
Operating Profit Margin	19,62 %	38,89 %	12,82 %	10,38 %
Current Ratio	16,19	25,27	10,76	0,24
Quick Ratio	16,19	25,27	10,76	0,24
Equity Ratio	0,98	0,99	0,97	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %