STIFTELSEN FJELLVEIEN 12

8515 NARVIK

Finances

Share Ownership

Return on Equity

3,13 %

Current Ratio

0,77

Debt-to-Equity Ratio

−34,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	710 000	656 000	731 000	756 000
Net Income	−3 000	−10 000	−255 000	127 000
Total Assets	3 270 000	3 499 000	3 734 000	3 530 000
Total Equity	−96 000	−93 000	−83 000	172 000

Income (NOK)	2022	2021	2020	2019
Revenue	710 000	656 000	731 000	756 000
Expenditure	545 000	521 000	834 000	477 000
Operating Profit	166 000	135 000	−103 000	279 000
Financial Income	0	0	0	0
Financial Costs	169 000	145 000	152 000	152 000
Financial Balance	−169 000	−145 000	−152 000	−152 000
Earnings Before Tax	−3 000	−10 000	−255 000	127 000
Tax	0	0	0	0
Net Income	−3 000	−10 000	−255 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 208 000	3 349 000	3 491 000	3 520 000
Total Current Assets	62 000	150 000	243 000	10 000
Total Assets	3 270 000	3 499 000	3 734 000	3 530 000
Total Retained Equity	−102 000	−99 000	−89 000	166 000
Total Equity	−96 000	−93 000	−83 000	172 000
Total Long-Term Debt	3 286 000	3 483 000	3 680 000	3 358 000
Total Current Debt	81 000	109 000	137 000	0
Total Equity and Debt	3 270 000	3 499 000	3 734 000	3 530 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	710 000	656 000	731 000	756 000
Revenue	710 000	656 000	731 000	756 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	142 000	142 000	137 000	125 000
Impairment	0	0	0	0
Expenditure	545 000	521 000	834 000	477 000
Operating Profit	166 000	135 000	−103 000	279 000
Financial Income	0	0	0	0
Financial Costs	169 000	145 000	152 000	152 000
Financial Balance	−169 000	−145 000	−152 000	−152 000
Dividends	0	0	0	0
Net Income	−3 000	−10 000	−255 000	127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 128 000	3 258 000	3 389 000	3 520 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	80 000	91 000	102 000	0
Total Tangible Assets	3 208 000	3 349 000	3 491 000	3 520 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 208 000	3 349 000	3 491 000	3 520 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	62 000	150 000	223 000	10 000
Total Current Assets	62 000	150 000	243 000	10 000
Total Assets	3 270 000	3 499 000	3 734 000	3 530 000
Total Equity	−96 000	−93 000	−83 000	172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 286 000	3 483 000	3 680 000	3 358 000
Creditors	21 000	50 000	136 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	59 000	59 000	0	0
Total Current Debt	81 000	109 000	137 000	0
Total Equity and Debt	3 270 000	3 499 000	3 734 000	3 530 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,13 %	10,75 %	307,23 %	73,84 %
Debt-to-Equity Ratio	−34,23	−37,45	−44,34	19,52
Operating Profit Margin	23,38 %	20,58 %	−14,09 %	36,9 %
Current Ratio	0,77	1,38	1,77	-
Quick Ratio	0,77	1,38	1,77	-
Equity Ratio	−0,03	−0,03	−0,02	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %