FINSTADHAGAN AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

−5,16 %

Current Ratio

1,18

Debt-to-Equity Ratio

1,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−283 000	−262 000	−192 000	−130 000
Total Assets	17 194 000	18 382 000	14 759 000	9 694 000
Total Equity	5 484 000	5 508 000	4 773 000	4 137 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	245 000	285 000	195 000	171 000
Operating Profit	−244 000	−285 000	−195 000	−171 000
Financial Income	0	2 000	6 000	5 000
Financial Costs	15 000	53 000	56 000	0
Financial Balance	−15 000	−51 000	−50 000	5 000
Earnings Before Tax	−259 000	−336 000	−246 000	−166 000
Tax	24 000	−74 000	−54 000	−37 000
Net Income	−283 000	−262 000	−192 000	−130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 834 000	15 791 000	11 451 000	9 206 000
Total Current Assets	1 359 000	2 591 000	3 309 000	488 000
Total Assets	17 194 000	18 382 000	14 759 000	9 694 000
Total Retained Equity	−136 000	−112 000	−847 000	−1 483 000
Total Equity	5 484 000	5 508 000	4 773 000	4 137 000
Total Long-Term Debt	10 554 000	11 701 000	8 101 000	1 101 000
Total Current Debt	1 156 000	1 172 000	1 885 000	4 455 000
Total Equity and Debt	17 194 000	18 382 000	14 759 000	9 694 000

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	195 000	113 000	94 000	77 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	245 000	285 000	195 000	171 000
Operating Profit	−244 000	−285 000	−195 000	−171 000
Financial Income	0	2 000	6 000	5 000
Financial Costs	15 000	53 000	56 000	0
Financial Balance	−15 000	−51 000	−50 000	5 000
Dividends	0	0	0	0
Net Income	−283 000	−262 000	−192 000	−130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	24 000	232 000	411 000
Real Eastate	15 834 000	15 766 000	11 219 000	8 795 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 834 000	15 766 000	11 219 000	8 795 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 834 000	15 791 000	11 451 000	9 206 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	252 000	2 248 000	488 000
Total Current Assets	1 359 000	2 591 000	3 309 000	488 000
Total Assets	17 194 000	18 382 000	14 759 000	9 694 000
Total Equity	5 484 000	5 508 000	4 773 000	4 137 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 554 000	11 701 000	8 101 000	1 101 000
Creditors	1 139 000	1 155 000	1 875 000	37 000
Unpaid Taxes	5 000	4 000	4 000	3 000
Dividends	0	0	0	0
Other Current Debt	11 000	13 000	6 000	4 416 000
Total Current Debt	1 156 000	1 172 000	1 885 000	4 455 000
Total Equity and Debt	17 194 000	18 382 000	14 759 000	9 694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,16 %	−4,76 %	−4,02 %	−3,14 %
Debt-to-Equity Ratio	1,92	2,12	1,7	0,27
Operating Profit Margin	-	-	-	-
Current Ratio	1,18	2,21	1,76	0,11
Quick Ratio	1,18	2,21	1,76	0,11
Equity Ratio	0,32	0,3	0,32	0,43
Gross Profit Margin	-	-	-	-