FAGERNESVEIEN 4 AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

16,11 %

Current Ratio

24,42

Debt-to-Equity Ratio

5,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	896 000	756 000	756 000	756 000
Net Income	218 000	166 000	218 000	311 000
Total Assets	8 418 000	5 911 000	6 516 000	7 147 000
Total Equity	1 353 000	508 000	342 000	124 000

Income (NOK)	2022	2021	2020	2019
Revenue	896 000	756 000	756 000	756 000
Expenditure	403 000	456 000	355 000	529 000
Operating Profit	493 000	300 000	401 000	227 000
Financial Income	18 000	0	4 000	9 000
Financial Costs	232 000	87 000	126 000	185 000
Financial Balance	−214 000	−87 000	−122 000	−176 000
Earnings Before Tax	279 000	213 000	279 000	50 000
Tax	61 000	47 000	61 000	−261 000
Net Income	218 000	166 000	218 000	311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 900 000	3 136 000	2 948 000	3 016 000
Total Current Assets	5 518 000	2 775 000	3 568 000	4 130 000
Total Assets	8 418 000	5 911 000	6 516 000	7 147 000
Total Retained Equity	432 000	214 000	48 000	−169 000
Total Equity	1 353 000	508 000	342 000	124 000
Total Long-Term Debt	6 839 000	5 306 000	6 065 000	6 824 000
Total Current Debt	226 000	97 000	110 000	199 000
Total Equity and Debt	8 418 000	5 911 000	6 516 000	7 147 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	896 000	756 000	756 000	756 000
Other Income	0	0	0	0
Revenue	896 000	756 000	756 000	756 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	7 000	7 000	7 000	10 000
Impairment	0	0	0	0
Expenditure	403 000	456 000	355 000	529 000
Operating Profit	493 000	300 000	401 000	227 000
Financial Income	18 000	0	4 000	9 000
Financial Costs	232 000	87 000	126 000	185 000
Financial Balance	−214 000	−87 000	−122 000	−176 000
Dividends	0	0	0	0
Net Income	218 000	166 000	218 000	311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	212 000	441 000	488 000	549 000
Real Eastate	2 680 000	2 685 000	2 448 000	2 453 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	10 000	12 000	14 000
Total Tangible Assets	2 688 000	2 695 000	2 460 000	2 467 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 900 000	3 136 000	2 948 000	3 016 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 189 000	399 000	1 074 000	1 658 000
Total Current Assets	5 518 000	2 775 000	3 568 000	4 130 000
Total Assets	8 418 000	5 911 000	6 516 000	7 147 000
Total Equity	1 353 000	508 000	342 000	124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 839 000	5 306 000	6 065 000	6 824 000
Creditors	11 000	25 000	8 000	24 000
Unpaid Taxes	0	−24 000	0	0
Dividends	0	0	0	0
Other Current Debt	215 000	96 000	102 000	174 000
Total Current Debt	226 000	97 000	110 000	199 000
Total Equity and Debt	8 418 000	5 911 000	6 516 000	7 147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,11 %	32,68 %	63,74 %	250,81 %
Debt-to-Equity Ratio	5,05	10,44	17,73	55,03
Operating Profit Margin	55,02 %	39,68 %	53,04 %	30,03 %
Current Ratio	24,42	28,61	32,44	20,75
Quick Ratio	24,42	28,61	32,44	20,75
Equity Ratio	0,16	0,09	0,05	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %