FAGERNES BORETTSLAG

8514 NARVIK

Finances

Share Ownership

Return on Equity

−4,06 %

Current Ratio

5,39

Debt-to-Equity Ratio

−1,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 039 000	1 031 000	1 031 000	1 023 000
Net Income	180 000	244 000	−82 000	165 000
Total Assets	2 454 000	2 413 000	2 491 000	2 523 000
Total Equity	−4 430 000	−4 611 000	−4 854 000	−4 772 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 039 000	1 031 000	1 031 000	1 023 000
Expenditure	679 000	664 000	975 000	681 000
Operating Profit	360 000	367 000	56 000	342 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	181 000	124 000	139 000	179 000
Financial Balance	−180 000	−124 000	−138 000	−177 000
Earnings Before Tax	180 000	244 000	−82 000	165 000
Tax	0	0	0	0
Net Income	180 000	244 000	−82 000	165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 109 000	1 970 000	1 859 000	1 868 000
Total Current Assets	345 000	443 000	632 000	655 000
Total Assets	2 454 000	2 413 000	2 491 000	2 523 000
Total Retained Equity	−4 430 000	−4 611 000	−4 854 000	−4 772 000
Total Equity	−4 430 000	−4 611 000	−4 854 000	−4 772 000
Total Long-Term Debt	6 620 000	6 803 000	7 001 000	7 186 000
Total Current Debt	64 000	21 000	264 000	28 000
Total Equity and Debt	2 454 000	2 413 000	2 491 000	2 523 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 039 000	1 031 000	1 031 000	1 023 000
Revenue	1 039 000	1 031 000	1 031 000	1 023 000
Cost of Goods Sold	0	0	0	0
Salary Costs	69 000	59 000	63 000	76 000
Depreciation	11 000	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	679 000	664 000	975 000	681 000
Operating Profit	360 000	367 000	56 000	342 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	181 000	124 000	139 000	179 000
Financial Balance	−180 000	−124 000	−138 000	−177 000
Dividends	0	0	0	0
Net Income	180 000	244 000	−82 000	165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 754 000	1 754 000	1 754 000	1 754 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	155 000	16 000	25 000	34 000
Total Tangible Assets	1 909 000	1 770 000	1 779 000	1 788 000
Total Fiancial Fixed Assets	200 000	200 000	80 000	80 000
Total Fixed Assets	2 109 000	1 970 000	1 859 000	1 868 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	345 000	426 000	398 000	643 000
Total Current Assets	345 000	443 000	632 000	655 000
Total Assets	2 454 000	2 413 000	2 491 000	2 523 000
Total Equity	−4 430 000	−4 611 000	−4 854 000	−4 772 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 620 000	6 803 000	7 001 000	7 186 000
Creditors	35 000	0	227 000	3 000
Unpaid Taxes	1 000	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	28 000	21 000	37 000	25 000
Total Current Debt	64 000	21 000	264 000	28 000
Total Equity and Debt	2 454 000	2 413 000	2 491 000	2 523 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,06 %	−5,29 %	1,69 %	−3,46 %
Debt-to-Equity Ratio	−1,49	−1,48	−1,44	−1,51
Operating Profit Margin	34,65 %	35,6 %	5,43 %	33,43 %
Current Ratio	5,39	21,1	2,39	23,39
Quick Ratio	5,39	21,1	2,39	23,39
Equity Ratio	−1,81	−1,91	−1,95	−1,89
Gross Profit Margin	100 %	100 %	100 %	100 %