FESTNINGSÅSEN BORETTSLAG

2004 LILLESTRØM

Finances

Share Ownership

Return on Equity

10,6 %

Current Ratio

6,53

Debt-to-Equity Ratio

4,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 249 000	2 242 000	2 261 000	2 227 000
Net Income	987 000	963 000	717 000	594 000
Total Assets	52 029 000	51 987 000	51 968 000	52 107 000
Total Equity	9 309 000	8 322 000	7 359 000	6 642 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 249 000	2 242 000	2 261 000	2 227 000
Expenditure	1 187 000	1 221 000	1 400 000	1 470 000
Operating Profit	1 061 000	1 020 000	861 000	756 000
Financial Income	9 000	3 000	7 000	13 000
Financial Costs	82 000	60 000	151 000	175 000
Financial Balance	−73 000	−57 000	−144 000	−162 000
Earnings Before Tax	987 000	963 000	717 000	594 000
Tax	0	0	0	0
Net Income	987 000	963 000	717 000	594 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 697 000	51 691 000	51 689 000	51 686 000
Total Current Assets	333 000	295 000	279 000	422 000
Total Assets	52 029 000	51 987 000	51 968 000	52 107 000
Total Retained Equity	9 307 000	8 320 000	7 356 000	6 639 000
Total Equity	9 309 000	8 322 000	7 359 000	6 642 000
Total Long-Term Debt	42 669 000	43 134 000	44 075 000	44 970 000
Total Current Debt	51 000	84 000	90 000	54 000
Total Equity and Debt	52 029 000	51 987 000	51 968 000	52 107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 916 000	0	0	0
Other Income	333 000	2 242 000	2 261 000	2 227 000
Revenue	2 249 000	2 242 000	2 261 000	2 227 000
Cost of Goods Sold	0	0	0	0
Salary Costs	57 000	57 000	57 000	57 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 187 000	1 221 000	1 400 000	1 470 000
Operating Profit	1 061 000	1 020 000	861 000	756 000
Financial Income	9 000	3 000	7 000	13 000
Financial Costs	82 000	60 000	151 000	175 000
Financial Balance	−73 000	−57 000	−144 000	−162 000
Dividends	0	0	0	0
Net Income	987 000	963 000	717 000	594 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	51 245 000	51 245 000	51 245 000	51 245 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	51 245 000	51 245 000	51 245 000	51 245 000
Total Fiancial Fixed Assets	452 000	446 000	445 000	441 000
Total Fixed Assets	51 697 000	51 691 000	51 689 000	51 686 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	300 000	289 000	255 000	391 000
Total Current Assets	333 000	295 000	279 000	422 000
Total Assets	52 029 000	51 987 000	51 968 000	52 107 000
Total Equity	9 309 000	8 322 000	7 359 000	6 642 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 669 000	43 134 000	44 075 000	44 970 000
Creditors	42 000	78 000	83 000	47 000
Unpaid Taxes	0	6 000	6 000	7 000
Dividends	0	0	0	0
Other Current Debt	9 000	0	0	0
Total Current Debt	51 000	84 000	90 000	54 000
Total Equity and Debt	52 029 000	51 987 000	51 968 000	52 107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,6 %	11,57 %	9,74 %	8,94 %
Debt-to-Equity Ratio	4,58	5,18	5,99	6,77
Operating Profit Margin	47,18 %	45,5 %	38,08 %	33,95 %
Current Ratio	6,53	3,51	3,1	7,81
Quick Ratio	6,53	3,51	3,1	7,81
Equity Ratio	0,18	0,16	0,14	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %