FINSE VANN- OG AVLØPSSELSKAP AS

5719 FINSE

Finances

Return on Equity

−9,5 %

Current Ratio

2,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 104 000	957 000	831 000	1 137 000
Net Income	−207 000	−173 000	−68 000	−88 000
Total Assets	2 434 000	2 524 000	2 705 000	3 036 000
Total Equity	2 179 000	2 387 000	2 559 000	2 627 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 104 000	957 000	831 000	1 137 000
Expenditure	1 311 000	1 127 000	894 000	1 224 000
Operating Profit	−206 000	−169 000	−63 000	−88 000
Financial Income	4 000	3 000	3 000	4 000
Financial Costs	5 000	6 000	8 000	5 000
Financial Balance	−1 000	−3 000	−5 000	−1 000
Earnings Before Tax	−207 000	−173 000	−68 000	−88 000
Tax	0	0	0	0
Net Income	−207 000	−173 000	−68 000	−88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 755 000	1 888 000	2 136 000	2 467 000
Total Current Assets	678 000	636 000	569 000	569 000
Total Assets	2 434 000	2 524 000	2 705 000	3 036 000
Total Retained Equity	−394 000	−187 000	−14 000	54 000
Total Equity	2 179 000	2 387 000	2 559 000	2 627 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	255 000	138 000	145 000	409 000
Total Equity and Debt	2 434 000	2 524 000	2 705 000	3 036 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 099 000	952 000	825 000	1 131 000
Other Income	5 000	5 000	5 000	5 000
Revenue	1 104 000	957 000	831 000	1 137 000
Cost of Goods Sold	352 000	282 000	121 000	197 000
Salary Costs	0	0	0	0
Depreciation	236 000	248 000	264 000	277 000
Impairment	0	0	0	0
Expenditure	1 311 000	1 127 000	894 000	1 224 000
Operating Profit	−206 000	−169 000	−63 000	−88 000
Financial Income	4 000	3 000	3 000	4 000
Financial Costs	5 000	6 000	8 000	5 000
Financial Balance	−1 000	−3 000	−5 000	−1 000
Dividends	0	0	0	0
Net Income	−207 000	−173 000	−68 000	−88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	47 000	53 000	60 000
Real Eastate	1 715 000	1 842 000	2 083 000	2 407 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 715 000	1 842 000	2 083 000	2 407 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 755 000	1 888 000	2 136 000	2 467 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	665 000	592 000	569 000	427 000
Total Current Assets	678 000	636 000	569 000	569 000
Total Assets	2 434 000	2 524 000	2 705 000	3 036 000
Total Equity	2 179 000	2 387 000	2 559 000	2 627 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	141 000	105 000	86 000	179 000
Unpaid Taxes	0	29 000	24 000	14 000
Dividends	0	0	0	0
Other Current Debt	113 000	4 000	36 000	216 000
Total Current Debt	255 000	138 000	145 000	409 000
Total Equity and Debt	2 434 000	2 524 000	2 705 000	3 036 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,5 %	−7,25 %	−2,66 %	−3,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−18,66 %	−17,66 %	−7,58 %	−7,74 %
Current Ratio	2,66	4,61	3,92	1,39
Quick Ratio	2,66	4,61	3,92	1,39
Equity Ratio	0,9	0,95	0,95	0,87
Gross Profit Margin	68,12 %	70,53 %	85,44 %	82,67 %