FINSETH EIENDOM AS

7224 MELHUS

Finances

Share Ownership

Return on Equity

6,91 %

Current Ratio

20,27

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	536 000	536 000	536 000	536 000
Net Income	160 000	263 000	223 000	148 000
Total Assets	2 545 000	2 474 000	2 254 000	2 061 000
Total Equity	2 315 000	2 155 000	1 891 000	1 668 000

Income (NOK)	2022	2021	2020	2019
Revenue	536 000	536 000	536 000	536 000
Expenditure	328 000	187 000	236 000	335 000
Operating Profit	208 000	348 000	300 000	201 000
Financial Income	8 000	1 000	2 000	8 000
Financial Costs	10 000	11 000	16 000	18 000
Financial Balance	−2 000	−10 000	−14 000	−10 000
Earnings Before Tax	205 000	338 000	286 000	190 000
Tax	45 000	74 000	63 000	42 000
Net Income	160 000	263 000	223 000	148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 105 000	1 153 000	1 200 000	1 247 000
Total Current Assets	1 439 000	1 321 000	1 054 000	814 000
Total Assets	2 545 000	2 474 000	2 254 000	2 061 000
Total Retained Equity	2 195 000	2 035 000	1 771 000	1 548 000
Total Equity	2 315 000	2 155 000	1 891 000	1 668 000
Total Long-Term Debt	159 000	238 000	295 000	348 000
Total Current Debt	71 000	80 000	67 000	45 000
Total Equity and Debt	2 545 000	2 474 000	2 254 000	2 061 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	536 000	536 000	536 000	536 000
Revenue	536 000	536 000	536 000	536 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	47 000	47 000	47 000	40 000
Impairment	0	0	0	0
Expenditure	328 000	187 000	236 000	335 000
Operating Profit	208 000	348 000	300 000	201 000
Financial Income	8 000	1 000	2 000	8 000
Financial Costs	10 000	11 000	16 000	18 000
Financial Balance	−2 000	−10 000	−14 000	−10 000
Dividends	0	0	0	0
Net Income	160 000	263 000	223 000	148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 105 000	1 153 000	1 200 000	1 247 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 105 000	1 153 000	1 200 000	1 247 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 105 000	1 153 000	1 200 000	1 247 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 285 000	1 074 000	804 000	566 000
Total Current Assets	1 439 000	1 321 000	1 054 000	814 000
Total Assets	2 545 000	2 474 000	2 254 000	2 061 000
Total Equity	2 315 000	2 155 000	1 891 000	1 668 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	159 000	238 000	295 000	348 000
Creditors	1 000	2 000	1 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	71 000	80 000	67 000	45 000
Total Equity and Debt	2 545 000	2 474 000	2 254 000	2 061 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,91 %	12,2 %	11,79 %	8,87 %
Debt-to-Equity Ratio	0,07	0,11	0,16	0,21
Operating Profit Margin	38,81 %	64,93 %	55,97 %	37,5 %
Current Ratio	20,27	16,51	15,73	18,09
Quick Ratio	20,27	16,51	15,73	18,09
Equity Ratio	0,91	0,87	0,84	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %