FLOTANE BORETTSLAG

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

12,22 %

Current Ratio

1,21

Debt-to-Equity Ratio

4,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 307 000	4 328 000	4 242 000	3 745 000
Net Income	919 000	1 402 000	843 000	380 000
Total Assets	45 160 000	45 504 000	45 092 000	45 175 000
Total Equity	7 523 000	6 603 000	5 201 000	4 358 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 307 000	4 328 000	4 242 000	3 745 000
Expenditure	2 683 000	2 303 000	2 511 000	2 413 000
Operating Profit	1 623 000	2 026 000	1 730 000	1 331 000
Financial Income	11 000	2 000	7 000	17 000
Financial Costs	715 000	625 000	894 000	969 000
Financial Balance	−704 000	−623 000	−887 000	−952 000
Earnings Before Tax	919 000	1 402 000	843 000	380 000
Tax	0	0	0	0
Net Income	919 000	1 402 000	843 000	380 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 736 000	44 589 000	44 589 000	44 275 000
Total Current Assets	423 000	915 000	503 000	901 000
Total Assets	45 160 000	45 504 000	45 092 000	45 175 000
Total Retained Equity	7 515 000	6 596 000	5 194 000	4 351 000
Total Equity	7 523 000	6 603 000	5 201 000	4 358 000
Total Long-Term Debt	37 287 000	38 501 000	39 459 000	40 661 000
Total Current Debt	350 000	399 000	432 000	156 000
Total Equity and Debt	45 160 000	45 504 000	45 092 000	45 175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 307 000	4 328 000	4 242 000	3 745 000
Revenue	4 307 000	4 328 000	4 242 000	3 745 000
Cost of Goods Sold	0	0	0	0
Salary Costs	55 000	75 000	77 000	67 000
Depreciation	0	0	2 000	2 000
Impairment	0	0	0	0
Expenditure	2 683 000	2 303 000	2 511 000	2 413 000
Operating Profit	1 623 000	2 026 000	1 730 000	1 331 000
Financial Income	11 000	2 000	7 000	17 000
Financial Costs	715 000	625 000	894 000	969 000
Financial Balance	−704 000	−623 000	−887 000	−952 000
Dividends	0	0	0	0
Net Income	919 000	1 402 000	843 000	380 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	44 589 000	44 589 000	44 589 000	44 273 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	2 000
Total Tangible Assets	44 589 000	44 589 000	44 589 000	44 275 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	44 736 000	44 589 000	44 589 000	44 275 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	218 000	688 000	360 000	717 000
Total Current Assets	423 000	915 000	503 000	901 000
Total Assets	45 160 000	45 504 000	45 092 000	45 175 000
Total Equity	7 523 000	6 603 000	5 201 000	4 358 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	37 287 000	38 501 000	39 459 000	40 661 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	350 000	399 000	432 000	156 000
Total Current Debt	350 000	399 000	432 000	156 000
Total Equity and Debt	45 160 000	45 504 000	45 092 000	45 175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,22 %	21,23 %	16,21 %	8,72 %
Debt-to-Equity Ratio	4,96	5,83	7,59	9,33
Operating Profit Margin	37,68 %	46,81 %	40,78 %	35,54 %
Current Ratio	1,21	2,29	1,16	5,78
Quick Ratio	1,21	2,29	1,16	5,78
Equity Ratio	0,17	0,15	0,12	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %