AS FLORENCE CO

4790 LILLESAND

Finances

Return on Equity

20,51 %

Current Ratio

0,46

Debt-to-Equity Ratio

14,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	510 000	496 000	583 000	391 000
Net Income	96 000	46 000	−73 000	−356 000
Total Assets	9 809 000	9 885 000	9 169 000	8 347 000
Total Equity	468 000	359 000	313 000	386 000

Income (NOK)	2022	2021	2020	2019
Revenue	510 000	496 000	583 000	391 000
Expenditure	330 000	297 000	328 000	674 000
Operating Profit	178 000	198 000	255 000	−283 000
Financial Income	200 000	320 000	55 000	34 000
Financial Costs	263 000	461 000	261 000	217 000
Financial Balance	−63 000	−141 000	−206 000	−183 000
Earnings Before Tax	116 000	57 000	50 000	−465 000
Tax	20 000	11 000	123 000	−109 000
Net Income	96 000	46 000	−73 000	−356 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 748 000	8 789 000	8 553 000	8 308 000
Total Current Assets	1 061 000	1 096 000	616 000	39 000
Total Assets	9 809 000	9 885 000	9 169 000	8 347 000
Total Retained Equity	138 000	42 000	−4 000	69 000
Total Equity	468 000	359 000	313 000	386 000
Total Long-Term Debt	7 013 000	7 172 000	7 175 000	6 228 000
Total Current Debt	2 328 000	2 353 000	1 681 000	1 733 000
Total Equity and Debt	9 809 000	9 885 000	9 169 000	8 347 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	510 000	83 000	37 000	14 000
Other Income	0	413 000	546 000	378 000
Revenue	510 000	496 000	583 000	391 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	39 000	40 000	40 000	0
Impairment	0	0	0	0
Expenditure	330 000	297 000	328 000	674 000
Operating Profit	178 000	198 000	255 000	−283 000
Financial Income	200 000	320 000	55 000	34 000
Financial Costs	263 000	461 000	261 000	217 000
Financial Balance	−63 000	−141 000	−206 000	−183 000
Dividends	0	0	0	0
Net Income	96 000	46 000	−73 000	−356 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	86 000
Real Eastate	7 665 000	7 704 000	7 732 000	6 406 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 665 000	7 704 000	7 732 000	6 406 000
Total Fiancial Fixed Assets	1 084 000	1 085 000	821 000	1 815 000
Total Fixed Assets	8 748 000	8 789 000	8 553 000	8 308 000
Stock	0	0	0	0
Total Investments	993 000	1 078 000	564 000	34 000
Cash, Bank	48 000	18 000	52 000	5 000
Total Current Assets	1 061 000	1 096 000	616 000	39 000
Total Assets	9 809 000	9 885 000	9 169 000	8 347 000
Total Equity	468 000	359 000	313 000	386 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 013 000	7 172 000	7 175 000	6 228 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 306 000	2 353 000	1 681 000	1 733 000
Total Current Debt	2 328 000	2 353 000	1 681 000	1 733 000
Total Equity and Debt	9 809 000	9 885 000	9 169 000	8 347 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,51 %	12,81 %	−23,32 %	−92,23 %
Debt-to-Equity Ratio	14,99	19,98	22,92	16,13
Operating Profit Margin	34,9 %	39,92 %	43,74 %	−72,38 %
Current Ratio	0,46	0,47	0,37	0,02
Quick Ratio	0,46	0,47	0,37	0,02
Equity Ratio	0,05	0,04	0,03	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %