FLET EIENDOM AS

7633 FROSTA

Finances

Return on Equity

37,44 %

Current Ratio

0,67

Debt-to-Equity Ratio

1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 355 000	8 838 000	7 463 000	7 362 000
Net Income	6 866 000	5 423 000	4 881 000	4 682 000
Total Assets	40 829 000	40 477 000	17 033 000	17 924 000
Total Equity	18 341 000	11 475 000	14 051 000	10 171 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 355 000	8 838 000	7 463 000	7 362 000
Expenditure	3 012 000	1 815 000	1 224 000	1 201 000
Operating Profit	9 342 000	7 022 000	6 239 000	6 161 000
Financial Income	102 000	125 000	22 000	16 000
Financial Costs	641 000	195 000	3 000	175 000
Financial Balance	−539 000	−70 000	19 000	−159 000
Earnings Before Tax	8 803 000	6 953 000	6 258 000	6 003 000
Tax	1 937 000	1 530 000	1 377 000	1 321 000
Net Income	6 866 000	5 423 000	4 881 000	4 682 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 285 000	36 174 000	12 006 000	12 103 000
Total Current Assets	2 544 000	4 304 000	5 026 000	5 821 000
Total Assets	40 829 000	40 477 000	17 033 000	17 924 000
Total Retained Equity	16 931 000	10 065 000	12 641 000	8 761 000
Total Equity	18 341 000	11 475 000	14 051 000	10 171 000
Total Long-Term Debt	18 683 000	0	0	4 833 000
Total Current Debt	3 805 000	29 003 000	2 981 000	2 920 000
Total Equity and Debt	40 829 000	40 477 000	17 033 000	17 924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	7 463 000	7 362 000
Other Income	12 355 000	8 838 000	0	0
Revenue	12 355 000	8 838 000	7 463 000	7 362 000
Cost of Goods Sold	30 000	37 000	0	0
Salary Costs	0	0	0	0
Depreciation	2 226 000	1 022 000	745 000	805 000
Impairment	0	0	0	0
Expenditure	3 012 000	1 815 000	1 224 000	1 201 000
Operating Profit	9 342 000	7 022 000	6 239 000	6 161 000
Financial Income	102 000	125 000	22 000	16 000
Financial Costs	641 000	195 000	3 000	175 000
Financial Balance	−539 000	−70 000	19 000	−159 000
Dividends	0	8 000 000	1 000 000	1 000 000
Net Income	6 866 000	5 423 000	4 881 000	4 682 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	132 000	27 000	196 000	117 000
Real Eastate	32 419 000	33 492 000	8 931 000	9 373 000
Machinery and Plant Facilities	845 000	1 030 000	1 281 000	1 532 000
Fixtures	25 000	31 000	36 000	42 000
Total Tangible Assets	33 289 000	34 553 000	10 249 000	10 947 000
Total Fiancial Fixed Assets	4 864 000	1 594 000	1 562 000	1 040 000
Total Fixed Assets	38 285 000	36 174 000	12 006 000	12 103 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 170 000	3 524 000	4 930 000	3 435 000
Total Current Assets	2 544 000	4 304 000	5 026 000	5 821 000
Total Assets	40 829 000	40 477 000	17 033 000	17 924 000
Total Equity	18 341 000	11 475 000	14 051 000	10 171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 683 000	0	0	4 833 000
Creditors	154 000	1 490 000	3 000	23 000
Unpaid Taxes	700 000	8 000	308 000	280 000
Dividends	0	8 000 000	1 000 000	1 000 000
Other Current Debt	909 000	1 949 000	214 000	203 000
Total Current Debt	3 805 000	29 003 000	2 981 000	2 920 000
Total Equity and Debt	40 829 000	40 477 000	17 033 000	17 924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,44 %	47,26 %	34,74 %	46,03 %
Debt-to-Equity Ratio	1,02	0	0	0,48
Operating Profit Margin	75,61 %	79,45 %	83,6 %	83,69 %
Current Ratio	0,67	0,15	1,69	1,99
Quick Ratio	0,67	0,15	1,69	1,99
Equity Ratio	0,45	0,28	0,82	0,57
Gross Profit Margin	99,76 %	99,58 %	100 %	100 %