FINSTAD INVEST AS

1338 SANDVIKA

Finances

Return on Equity

−13,91 %

Current Ratio

0,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−781 000	3 634 000	−200 000	−1 171 000
Total Assets	7 630 000	10 075 000	8 289 000	8 811 000
Total Equity	5 613 000	8 394 000	6 259 000	8 160 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	59 000	68 000	52 000	82 000
Operating Profit	−58 000	−67 000	−52 000	−82 000
Financial Income	1 242 000	4 985 000	372 000	1 736 000
Financial Costs	1 964 000	1 283 000	18 000	2 822 000
Financial Balance	−722 000	3 702 000	354 000	−1 086 000
Earnings Before Tax	−781 000	3 634 000	301 000	−1 168 000
Tax	0	0	502 000	3 000
Net Income	−781 000	3 634 000	−200 000	−1 171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 880 000	1 866 000	6 742 000	881 000
Total Current Assets	1 749 000	8 209 000	1 547 000	7 930 000
Total Assets	7 630 000	10 075 000	8 289 000	8 811 000
Total Retained Equity	5 513 000	8 294 000	6 159 000	8 060 000
Total Equity	5 613 000	8 394 000	6 259 000	8 160 000
Total Long-Term Debt	0	0	301 000	0
Total Current Debt	2 017 000	1 681 000	1 729 000	651 000
Total Equity and Debt	7 630 000	10 075 000	8 289 000	8 811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 000	14 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	59 000	68 000	52 000	82 000
Operating Profit	−58 000	−67 000	−52 000	−82 000
Financial Income	1 242 000	4 985 000	372 000	1 736 000
Financial Costs	1 964 000	1 283 000	18 000	2 822 000
Financial Balance	−722 000	3 702 000	354 000	−1 086 000
Dividends	500 000	0	1 700 000	350 000
Net Income	−781 000	3 634 000	−200 000	−1 171 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	502 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	2 000	0	29 000
Fixtures	0	0	16 000	0
Total Tangible Assets	0	2 000	16 000	29 000
Total Fiancial Fixed Assets	5 880 000	1 864 000	6 726 000	350 000
Total Fixed Assets	5 880 000	1 866 000	6 742 000	881 000
Stock	0	0	0	0
Total Investments	987 000	6 219 000	437 000	6 372 000
Cash, Bank	587 000	1 846 000	849 000	1 154 000
Total Current Assets	1 749 000	8 209 000	1 547 000	7 930 000
Total Assets	7 630 000	10 075 000	8 289 000	8 811 000
Total Equity	5 613 000	8 394 000	6 259 000	8 160 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	301 000	0
Creditors	3 000	5 000	0	4 000
Unpaid Taxes	0	0	0	0
Dividends	500 000	0	1 700 000	350 000
Other Current Debt	1 513 000	1 676 000	29 000	297 000
Total Current Debt	2 017 000	1 681 000	1 729 000	651 000
Total Equity and Debt	7 630 000	10 075 000	8 289 000	8 811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,91 %	43,29 %	−3,2 %	−14,35 %
Debt-to-Equity Ratio	0	0	0,05	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,87	4,88	0,89	12,18
Quick Ratio	0,87	4,88	0,89	12,18
Equity Ratio	0,74	0,83	0,76	0,93
Gross Profit Margin	-	-	-	-