FLATSETSUND EIENDOM AS

6523 FREI

Finances

Return on Equity

19,5 %

Current Ratio

0,75

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 608 000	1 563 000	1 525 000	1 500 000
Net Income	935 000	2 029 000	796 000	717 000
Total Assets	8 540 000	7 600 000	7 182 000	8 922 000
Total Equity	4 796 000	5 061 000	4 832 000	5 235 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 608 000	1 563 000	1 525 000	1 500 000
Expenditure	409 000	484 000	464 000	499 000
Operating Profit	1 199 000	1 079 000	1 060 000	1 000 000
Financial Income	0	1 200 000	1 000	2 000
Financial Costs	0	6 000	40 000	83 000
Financial Balance	0	1 194 000	−39 000	−81 000
Earnings Before Tax	1 199 000	2 273 000	1 021 000	920 000
Tax	264 000	244 000	225 000	202 000
Net Income	935 000	2 029 000	796 000	717 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 785 000	6 086 000	6 386 000	6 697 000
Total Current Assets	2 755 000	1 515 000	796 000	2 225 000
Total Assets	8 540 000	7 600 000	7 182 000	8 922 000
Total Retained Equity	3 796 000	4 061 000	3 832 000	4 235 000
Total Equity	4 796 000	5 061 000	4 832 000	5 235 000
Total Long-Term Debt	51 000	66 000	457 000	1 205 000
Total Current Debt	3 693 000	2 474 000	1 893 000	2 481 000
Total Equity and Debt	8 540 000	7 600 000	7 182 000	8 922 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	1 500 000
Other Income	1 608 000	1 563 000	1 525 000	0
Revenue	1 608 000	1 563 000	1 525 000	1 500 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	300 000	300 000	311 000	313 000
Impairment	0	0	0	0
Expenditure	409 000	484 000	464 000	499 000
Operating Profit	1 199 000	1 079 000	1 060 000	1 000 000
Financial Income	0	1 200 000	1 000	2 000
Financial Costs	0	6 000	40 000	83 000
Financial Balance	0	1 194 000	−39 000	−81 000
Dividends	1 200 000	1 800 000	1 200 000	2 200 000
Net Income	935 000	2 029 000	796 000	717 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 523 000	5 824 000	6 124 000	6 435 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 523 000	5 824 000	6 124 000	6 435 000
Total Fiancial Fixed Assets	262 000	262 000	262 000	262 000
Total Fixed Assets	5 785 000	6 086 000	6 386 000	6 697 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 034 000	999 000	746 000	1 143 000
Total Current Assets	2 755 000	1 515 000	796 000	2 225 000
Total Assets	8 540 000	7 600 000	7 182 000	8 922 000
Total Equity	4 796 000	5 061 000	4 832 000	5 235 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	51 000	66 000	457 000	1 205 000
Creditors	14 000	0	6 000	6 000
Unpaid Taxes	401 000	97 000	125 000	59 000
Dividends	1 200 000	1 800 000	1 200 000	2 200 000
Other Current Debt	1 800 000	321 000	322 000	0
Total Current Debt	3 693 000	2 474 000	1 893 000	2 481 000
Total Equity and Debt	8 540 000	7 600 000	7 182 000	8 922 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,5 %	40,09 %	16,47 %	13,7 %
Debt-to-Equity Ratio	0,01	0,01	0,09	0,23
Operating Profit Margin	74,56 %	69,03 %	69,51 %	66,67 %
Current Ratio	0,75	0,61	0,42	0,9
Quick Ratio	0,75	0,61	0,42	0,9
Equity Ratio	0,56	0,67	0,67	0,59
Gross Profit Margin	100 %	100 %	100 %	100 %