FLOODMYRVEIEN 40 AS

3271 LARVIK

Finances

Share Ownership

Return on Equity

37,17 %

Current Ratio

1,19

Debt-to-Equity Ratio

3,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 337 000	1 033 000	1 193 000	1 244 000
Net Income	1 722 000	98 000	436 000	580 000
Total Assets	23 108 000	10 348 000	10 738 000	8 842 000
Total Equity	4 633 000	3 912 000	3 887 000	3 398 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 337 000	1 033 000	1 193 000	1 244 000
Expenditure	1 104 000	780 000	461 000	324 000
Operating Profit	2 234 000	254 000	732 000	921 000
Financial Income	0	1 000	0	5 000
Financial Costs	27 000	128 000	173 000	181 000
Financial Balance	−27 000	−127 000	−173 000	−176 000
Earnings Before Tax	2 207 000	126 000	560 000	744 000
Tax	486 000	28 000	123 000	164 000
Net Income	1 722 000	98 000	436 000	580 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 056 000	10 024 000	10 438 000	8 108 000
Total Current Assets	5 052 000	324 000	300 000	735 000
Total Assets	23 108 000	10 348 000	10 738 000	8 842 000
Total Retained Equity	3 233 000	2 512 000	2 487 000	2 398 000
Total Equity	4 633 000	3 912 000	3 887 000	3 398 000
Total Long-Term Debt	14 223 000	5 586 000	533 000	508 000
Total Current Debt	4 252 000	851 000	6 317 000	4 937 000
Total Equity and Debt	23 108 000	10 348 000	10 738 000	8 842 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 337 000	1 033 000	1 193 000	1 244 000
Revenue	3 337 000	1 033 000	1 193 000	1 244 000
Cost of Goods Sold	0	12 000	0	0
Salary Costs	0	0	0	0
Depreciation	173 000	173 000	175 000	191 000
Impairment	0	0	0	0
Expenditure	1 104 000	780 000	461 000	324 000
Operating Profit	2 234 000	254 000	732 000	921 000
Financial Income	0	1 000	0	5 000
Financial Costs	27 000	128 000	173 000	181 000
Financial Balance	−27 000	−127 000	−173 000	−176 000
Dividends	1 000 000	0	0	0
Net Income	1 722 000	98 000	436 000	580 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 056 000	10 024 000	10 438 000	8 106 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	2 000
Total Tangible Assets	18 056 000	10 024 000	10 438 000	8 108 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 056 000	10 024 000	10 438 000	8 108 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 441 000	199 000	274 000	579 000
Total Current Assets	5 052 000	324 000	300 000	735 000
Total Assets	23 108 000	10 348 000	10 738 000	8 842 000
Total Equity	4 633 000	3 912 000	3 887 000	3 398 000
Short-Term Group Debt	0	735 000	3 826 000	4 721 000
Total Long-Term Debt	14 223 000	5 586 000	533 000	508 000
Creditors	3 152 000	39 000	2 477 000	62 000
Unpaid Taxes	0	21 000	0	0
Dividends	1 000 000	0	0	0
Other Current Debt	1 100 000	56 000	14 000	0
Total Current Debt	4 252 000	851 000	6 317 000	4 937 000
Total Equity and Debt	23 108 000	10 348 000	10 738 000	8 842 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,17 %	2,51 %	11,22 %	17,07 %
Debt-to-Equity Ratio	3,07	1,43	0,14	0,15
Operating Profit Margin	66,95 %	24,59 %	61,36 %	74,04 %
Current Ratio	1,19	0,38	0,05	0,15
Quick Ratio	1,19	0,38	0,05	0,15
Equity Ratio	0,2	0,38	0,36	0,38
Gross Profit Margin	100 %	98,84 %	100 %	100 %