FLOODMYRVEGEN 23 AS

3946 PORSGRUNN

Finances

Share Ownership

Return on Equity

105,53 %

Current Ratio

0,35

Debt-to-Equity Ratio

26,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 960 000	1 449 000	1 734 000	1 734 000
Net Income	477 000	613 000	1 218 000	253 000
Total Assets	13 665 000	14 253 000	15 583 000	15 197 000
Total Equity	452 000	420 000	420 000	420 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 960 000	1 449 000	1 734 000	1 734 000
Expenditure	878 000	722 000	−104 000	830 000
Operating Profit	1 082 000	727 000	1 838 000	904 000
Financial Income	0	471 000	0	−1 000
Financial Costs	471 000	411 000	458 000	566 000
Financial Balance	−471 000	60 000	−458 000	−567 000
Earnings Before Tax	611 000	786 000	1 381 000	337 000
Tax	134 000	173 000	162 000	84 000
Net Income	477 000	613 000	1 218 000	253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 283 000	13 807 000	14 689 000	14 032 000
Total Current Assets	381 000	446 000	894 000	1 165 000
Total Assets	13 665 000	14 253 000	15 583 000	15 197 000
Total Retained Equity	32 000	0	0	0
Total Equity	452 000	420 000	420 000	420 000
Total Long-Term Debt	12 131 000	12 860 000	13 492 000	14 207 000
Total Current Debt	1 082 000	973 000	1 671 000	570 000
Total Equity and Debt	13 665 000	14 253 000	15 583 000	15 197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 960 000	1 449 000	1 734 000	1 734 000
Revenue	1 960 000	1 449 000	1 734 000	1 734 000
Cost of Goods Sold	656 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	23 000	42 000	−981 000	171 000
Impairment	0	0	0	0
Expenditure	878 000	722 000	−104 000	830 000
Operating Profit	1 082 000	727 000	1 838 000	904 000
Financial Income	0	471 000	0	−1 000
Financial Costs	471 000	411 000	458 000	566 000
Financial Balance	−471 000	60 000	−458 000	−567 000
Dividends	0	374 000	727 000	0
Net Income	477 000	613 000	1 218 000	253 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 902 000	4 483 000	4 483 000	3 448 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	41 000	84 000	137 000
Total Tangible Assets	4 921 000	4 524 000	4 566 000	3 585 000
Total Fiancial Fixed Assets	8 362 000	9 283 000	10 123 000	10 447 000
Total Fixed Assets	13 283 000	13 807 000	14 689 000	14 032 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	248 000	277 000	330 000	280 000
Total Current Assets	381 000	446 000	894 000	1 165 000
Total Assets	13 665 000	14 253 000	15 583 000	15 197 000
Total Equity	452 000	420 000	420 000	420 000
Short-Term Group Debt	570 000	307 000	630 000	325 000
Total Long-Term Debt	12 131 000	12 860 000	13 492 000	14 207 000
Creditors	371 000	46 000	65 000	26 000
Unpaid Taxes	0	44 000	109 000	29 000
Dividends	0	374 000	727 000	0
Other Current Debt	140 000	202 000	139 000	179 000
Total Current Debt	1 082 000	973 000	1 671 000	570 000
Total Equity and Debt	13 665 000	14 253 000	15 583 000	15 197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,53 %	145,95 %	290 %	60,24 %
Debt-to-Equity Ratio	26,84	30,62	32,12	33,83
Operating Profit Margin	55,2 %	50,17 %	106 %	52,13 %
Current Ratio	0,35	0,46	0,54	2,04
Quick Ratio	0,35	0,46	0,54	2,04
Equity Ratio	0,03	0,03	0,03	0,03
Gross Profit Margin	66,53 %	100 %	100 %	100 %