FALSTAD NEDRE AS

7624 EKNE

Finances

Share Ownership

Return on Equity

−4 332,7 %

Current Ratio

14,26

Debt-to-Equity Ratio

94,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 228 000	2 106 000	1 474 000	1 731 000
Net Income	−20 537 000	−1 884 000	−1 743 000	−2 838 000
Total Assets	46 931 000	47 731 000	44 653 000	52 803 000
Total Equity	474 000	474 000	474 000	474 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 228 000	2 106 000	1 474 000	1 731 000
Expenditure	22 432 000	2 800 000	2 198 000	3 868 000
Operating Profit	−20 204 000	−695 000	−724 000	−2 137 000
Financial Income	21 000	0	117 000	1 000
Financial Costs	883 000	1 379 000	1 135 000	1 142 000
Financial Balance	−862 000	−1 379 000	−1 018 000	−1 141 000
Earnings Before Tax	−21 067 000	−2 074 000	−1 743 000	−3 279 000
Tax	−530 000	−189 000	0	−440 000
Net Income	−20 537 000	−1 884 000	−1 743 000	−2 838 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 907 000	44 636 000	42 076 000	43 852 000
Total Current Assets	22 024 000	3 095 000	2 577 000	8 951 000
Total Assets	46 931 000	47 731 000	44 653 000	52 803 000
Total Retained Equity	0	0	0	0
Total Equity	474 000	474 000	474 000	474 000
Total Long-Term Debt	44 912 000	46 714 000	44 048 000	52 288 000
Total Current Debt	1 545 000	543 000	131 000	40 000
Total Equity and Debt	46 931 000	47 731 000	44 653 000	52 803 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 663 000	1 470 000	1 471 000	1 554 000
Other Income	565 000	636 000	3 000	177 000
Revenue	2 228 000	2 106 000	1 474 000	1 731 000
Cost of Goods Sold	0	23 000	−1 000	230 000
Salary Costs	0	0	0	0
Depreciation	2 255 000	1 934 000	1 649 000	1 028 000
Impairment	19 403 000	0	0	0
Expenditure	22 432 000	2 800 000	2 198 000	3 868 000
Operating Profit	−20 204 000	−695 000	−724 000	−2 137 000
Financial Income	21 000	0	117 000	1 000
Financial Costs	883 000	1 379 000	1 135 000	1 142 000
Financial Balance	−862 000	−1 379 000	−1 018 000	−1 141 000
Dividends	0	0	0	0
Net Income	−20 537 000	−1 884 000	−1 743 000	−2 838 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 715 000	38 103 000	38 852 000	39 874 000
Machinery and Plant Facilities	2 953 000	3 675 000	481 000	808 000
Fixtures	4 227 000	2 847 000	2 731 000	3 159 000
Total Tangible Assets	24 895 000	44 624 000	42 064 000	43 840 000
Total Fiancial Fixed Assets	12 000	12 000	12 000	12 000
Total Fixed Assets	24 907 000	44 636 000	42 076 000	43 852 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	121 000	691 000	584 000	423 000
Total Current Assets	22 024 000	3 095 000	2 577 000	8 951 000
Total Assets	46 931 000	47 731 000	44 653 000	52 803 000
Total Equity	474 000	474 000	474 000	474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	44 912 000	46 714 000	44 048 000	52 288 000
Creditors	1 482 000	499 000	106 000	29 000
Unpaid Taxes	0	0	19 000	0
Dividends	0	0	0	0
Other Current Debt	63 000	43 000	6 000	11 000
Total Current Debt	1 545 000	543 000	131 000	40 000
Total Equity and Debt	46 931 000	47 731 000	44 653 000	52 803 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4 332,7 %	−397,47 %	−367,72 %	−598,73 %
Debt-to-Equity Ratio	94,75	98,55	92,93	110,31
Operating Profit Margin	−906,82 %	−33 %	−49,12 %	−123,45 %
Current Ratio	14,26	5,7	19,67	223,78
Quick Ratio	14,26	5,7	19,67	223,78
Equity Ratio	0,01	0,01	0,01	0,01
Gross Profit Margin	100 %	98,91 %	100,07 %	86,71 %