FORSAND EIENDOMSUTVIKLING AS

4110 FORSAND

Finances

Share Ownership

Return on Equity

−11,37 %

Current Ratio

2,55

Debt-to-Equity Ratio

3,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	401 000	695 000	711 000	716 000
Net Income	−197 000	−272 000	136 000	72 000
Total Assets	7 567 000	7 787 000	8 270 000	8 056 000
Total Equity	1 733 000	1 930 000	2 260 000	2 233 000

Income (NOK)	2022	2021	2020	2019
Revenue	401 000	695 000	711 000	716 000
Expenditure	440 000	808 000	286 000	359 000
Operating Profit	−39 000	−113 000	425 000	356 000
Financial Income	0	0	2 000	0
Financial Costs	214 000	236 000	253 000	264 000
Financial Balance	−214 000	−236 000	−251 000	−264 000
Earnings Before Tax	−253 000	−349 000	174 000	92 000
Tax	−56 000	−77 000	38 000	20 000
Net Income	−197 000	−272 000	136 000	72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 350 000	7 560 000	7 772 000	7 874 000
Total Current Assets	217 000	227 000	498 000	182 000
Total Assets	7 567 000	7 787 000	8 270 000	8 056 000
Total Retained Equity	1 514 000	1 711 000	2 040 000	2 014 000
Total Equity	1 733 000	1 930 000	2 260 000	2 233 000
Total Long-Term Debt	5 750 000	5 610 000	5 674 000	5 361 000
Total Current Debt	85 000	246 000	336 000	462 000
Total Equity and Debt	7 567 000	7 787 000	8 270 000	8 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	401 000	695 000	711 000	716 000
Revenue	401 000	695 000	711 000	716 000
Cost of Goods Sold	0	0	0	31 000
Salary Costs	0	0	0	0
Depreciation	210 000	212 000	202 000	199 000
Impairment	0	0	0	0
Expenditure	440 000	808 000	286 000	359 000
Operating Profit	−39 000	−113 000	425 000	356 000
Financial Income	0	0	2 000	0
Financial Costs	214 000	236 000	253 000	264 000
Financial Balance	−214 000	−236 000	−251 000	−264 000
Dividends	0	0	0	0
Net Income	−197 000	−272 000	136 000	72 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 350 000	7 560 000	7 772 000	7 874 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 350 000	7 560 000	7 772 000	7 874 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 350 000	7 560 000	7 772 000	7 874 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	172 000	2 000	52 000	57 000
Total Current Assets	217 000	227 000	498 000	182 000
Total Assets	7 567 000	7 787 000	8 270 000	8 056 000
Total Equity	1 733 000	1 930 000	2 260 000	2 233 000
Short-Term Group Debt	0	74 000	140 000	231 000
Total Long-Term Debt	5 750 000	5 610 000	5 674 000	5 361 000
Creditors	8 000	66 000	31 000	12 000
Unpaid Taxes	0	88 000	119 000	185 000
Dividends	0	0	0	0
Other Current Debt	77 000	19 000	47 000	34 000
Total Current Debt	85 000	246 000	336 000	462 000
Total Equity and Debt	7 567 000	7 787 000	8 270 000	8 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,37 %	−14,09 %	6,02 %	3,22 %
Debt-to-Equity Ratio	3,32	2,91	2,51	2,4
Operating Profit Margin	−9,73 %	−16,26 %	59,77 %	49,72 %
Current Ratio	2,55	0,92	1,48	0,39
Quick Ratio	2,55	0,92	1,48	0,39
Equity Ratio	0,23	0,25	0,27	0,28
Gross Profit Margin	100 %	100 %	100 %	95,67 %