STOL & MØBELFABRIKKEN FORMFIN AS

6224 HUNDEIDVIK

Finances

Return on Equity

−9,8 %

Current Ratio

33,03

Debt-to-Equity Ratio

1,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 650 000	1 000 000	1 000 000	1 000 000
Net Income	−357 000	−366 000	1 007 000	−4 445 000
Total Assets	8 554 000	8 178 000	6 698 000	5 910 000
Total Equity	3 644 000	4 001 000	4 366 000	3 359 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 650 000	1 000 000	1 000 000	1 000 000
Expenditure	2 041 000	1 354 000	607 000	583 000
Operating Profit	−391 000	−354 000	393 000	417 000
Financial Income	178 000	21 000	0	0
Financial Costs	144 000	32 000	−721 000	4 744 000
Financial Balance	34 000	−11 000	721 000	−4 744 000
Earnings Before Tax	−357 000	−366 000	1 114 000	−4 327 000
Tax	0	0	107 000	118 000
Net Income	−357 000	−366 000	1 007 000	−4 445 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 855 000	4 532 000	4 713 000	2 782 000
Total Current Assets	3 699 000	3 647 000	1 985 000	3 128 000
Total Assets	8 554 000	8 178 000	6 698 000	5 910 000
Total Retained Equity	3 379 000	3 736 000	4 101 000	3 094 000
Total Equity	3 644 000	4 001 000	4 366 000	3 359 000
Total Long-Term Debt	4 798 000	4 120 000	2 138 000	2 193 000
Total Current Debt	112 000	58 000	194 000	359 000
Total Equity and Debt	8 554 000	8 178 000	6 698 000	5 910 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 650 000	1 000 000	1 000 000	1 000 000
Revenue	1 650 000	1 000 000	1 000 000	1 000 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	443 000	406 000	379 000	389 000
Impairment	0	0	0	0
Expenditure	2 041 000	1 354 000	607 000	583 000
Operating Profit	−391 000	−354 000	393 000	417 000
Financial Income	178 000	21 000	0	0
Financial Costs	144 000	32 000	−721 000	4 744 000
Financial Balance	34 000	−11 000	721 000	−4 744 000
Dividends	0	0	0	0
Net Income	−357 000	−366 000	1 007 000	−4 445 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 955 000	2 632 000	2 813 000	2 782 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 955 000	2 632 000	2 813 000	2 782 000
Total Fiancial Fixed Assets	1 900 000	1 900 000	1 900 000	0
Total Fixed Assets	4 855 000	4 532 000	4 713 000	2 782 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 736 000	2 841 000	1 562 000	1 513 000
Total Current Assets	3 699 000	3 647 000	1 985 000	3 128 000
Total Assets	8 554 000	8 178 000	6 698 000	5 910 000
Total Equity	3 644 000	4 001 000	4 366 000	3 359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 798 000	4 120 000	2 138 000	2 193 000
Creditors	35 000	25 000	1 000	173 000
Unpaid Taxes	34 000	0	40 000	39 000
Dividends	0	0	0	0
Other Current Debt	43 000	33 000	46 000	28 000
Total Current Debt	112 000	58 000	194 000	359 000
Total Equity and Debt	8 554 000	8 178 000	6 698 000	5 910 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,8 %	−9,15 %	23,06 %	−132,33 %
Debt-to-Equity Ratio	1,32	1,03	0,49	0,65
Operating Profit Margin	−23,7 %	−35,4 %	39,3 %	41,7 %
Current Ratio	33,03	62,88	10,23	8,71
Quick Ratio	33,03	62,88	10,23	8,71
Equity Ratio	0,43	0,49	0,65	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %