FIRKANTEN BORETTSLAG

4017 STAVANGER

Finances

Share Ownership

Return on Equity

6,31 %

Current Ratio

9,83

Debt-to-Equity Ratio

1,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 781 000	1 583 000	1 583 000	1 403 000
Net Income	629 000	560 000	629 000	556 000
Total Assets	22 302 000	21 860 000	21 223 000	21 367 000
Total Equity	9 962 000	9 333 000	8 773 000	8 144 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 781 000	1 583 000	1 583 000	1 403 000
Expenditure	1 018 000	931 000	848 000	729 000
Operating Profit	763 000	652 000	735 000	674 000
Financial Income	13 000	1 000	1 000	5 000
Financial Costs	147 000	92 000	107 000	123 000
Financial Balance	−134 000	−91 000	−106 000	−118 000
Earnings Before Tax	763 000	652 000	735 000	674 000
Tax	0	0	0	0
Net Income	629 000	560 000	629 000	556 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 779 000	20 779 000	20 779 000	20 779 000
Total Current Assets	1 523 000	1 081 000	443 000	587 000
Total Assets	22 302 000	21 860 000	21 223 000	21 367 000
Total Retained Equity	9 960 000	9 331 000	8 771 000	8 142 000
Total Equity	9 962 000	9 333 000	8 773 000	8 144 000
Total Long-Term Debt	12 185 000	12 288 000	12 353 000	12 955 000
Total Current Debt	155 000	239 000	97 000	267 000
Total Equity and Debt	22 302 000	21 860 000	21 223 000	21 367 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 781 000	1 583 000	1 583 000	1 403 000
Revenue	1 781 000	1 583 000	1 583 000	1 403 000
Cost of Goods Sold	0	0	0	0
Salary Costs	63 000	63 000	57 000	52 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 018 000	931 000	848 000	729 000
Operating Profit	763 000	652 000	735 000	674 000
Financial Income	13 000	1 000	1 000	5 000
Financial Costs	147 000	92 000	107 000	123 000
Financial Balance	−134 000	−91 000	−106 000	−118 000
Dividends	0	0	0	0
Net Income	629 000	560 000	629 000	556 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 779 000	20 779 000	20 779 000	20 779 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	20 779 000	20 779 000	20 779 000	20 779 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 779 000	20 779 000	20 779 000	20 779 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 361 000	1 008 000	358 000	363 000
Total Current Assets	1 523 000	1 081 000	443 000	587 000
Total Assets	22 302 000	21 860 000	21 223 000	21 367 000
Total Equity	9 962 000	9 333 000	8 773 000	8 144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 185 000	12 288 000	12 353 000	12 955 000
Creditors	137 000	190 000	83 000	66 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 000	49 000	14 000	202 000
Total Current Debt	155 000	239 000	97 000	267 000
Total Equity and Debt	22 302 000	21 860 000	21 223 000	21 367 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,31 %	6 %	7,17 %	6,83 %
Debt-to-Equity Ratio	1,22	1,32	1,41	1,59
Operating Profit Margin	42,84 %	41,19 %	46,43 %	48,04 %
Current Ratio	9,83	4,52	4,57	2,2
Quick Ratio	9,83	4,52	4,57	2,2
Equity Ratio	0,45	0,43	0,41	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %