FLATÅSEN BUTIKKEIENDOM AS

7079 FLATÅSEN

Finances

Share Ownership

Return on Equity

33,2 %

Current Ratio

0,04

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 143 000	2 090 000	2 060 000	2 033 000
Net Income	881 000	1 027 000	875 000	791 000
Total Assets	15 315 000	15 697 000	16 065 000	15 935 000
Total Equity	2 654 000	2 664 000	2 653 000	2 622 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 143 000	2 090 000	2 060 000	2 033 000
Expenditure	604 000	561 000	575 000	727 000
Operating Profit	1 538 000	1 528 000	1 485 000	1 305 000
Financial Income	1 000	0	0	0
Financial Costs	411 000	212 000	364 000	291 000
Financial Balance	−410 000	−212 000	−364 000	−291 000
Earnings Before Tax	1 129 000	1 316 000	1 121 000	1 014 000
Tax	248 000	290 000	247 000	223 000
Net Income	881 000	1 027 000	875 000	791 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 850 000	15 212 000	15 571 000	15 931 000
Total Current Assets	465 000	485 000	494 000	4 000
Total Assets	15 315 000	15 697 000	16 065 000	15 935 000
Total Retained Equity	2 082 000	2 092 000	2 081 000	2 049 000
Total Equity	2 654 000	2 664 000	2 653 000	2 622 000
Total Long-Term Debt	891 000	893 000	12 234 000	11 759 000
Total Current Debt	11 770 000	12 140 000	1 178 000	1 554 000
Total Equity and Debt	15 315 000	15 697 000	16 065 000	15 935 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	3 000	2 060 000	2 033 000
Other Income	2 142 000	2 087 000	0	0
Revenue	2 143 000	2 090 000	2 060 000	2 033 000
Cost of Goods Sold	1 000	3 000	0	0
Salary Costs	0	0	0	0
Depreciation	362 000	359 000	359 000	359 000
Impairment	0	0	0	0
Expenditure	604 000	561 000	575 000	727 000
Operating Profit	1 538 000	1 528 000	1 485 000	1 305 000
Financial Income	1 000	0	0	0
Financial Costs	411 000	212 000	364 000	291 000
Financial Balance	−410 000	−212 000	−364 000	−291 000
Dividends	0	0	0	0
Net Income	881 000	1 027 000	875 000	791 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 850 000	15 212 000	15 571 000	15 931 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 850 000	15 212 000	15 571 000	15 931 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 850 000	15 212 000	15 571 000	15 931 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	465 000	484 000	0	0
Total Current Assets	465 000	485 000	494 000	4 000
Total Assets	15 315 000	15 697 000	16 065 000	15 935 000
Total Equity	2 654 000	2 664 000	2 653 000	2 622 000
Short-Term Group Debt	11 620 000	12 049 000	1 161 000	1 536 000
Total Long-Term Debt	891 000	893 000	12 234 000	11 759 000
Creditors	77 000	11 000	0	10 000
Unpaid Taxes	73 000	80 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	17 000	8 000
Total Current Debt	11 770 000	12 140 000	1 178 000	1 554 000
Total Equity and Debt	15 315 000	15 697 000	16 065 000	15 935 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,2 %	38,55 %	32,98 %	30,17 %
Debt-to-Equity Ratio	0,34	0,34	4,61	4,48
Operating Profit Margin	71,77 %	73,11 %	72,09 %	64,19 %
Current Ratio	0,04	0,04	0,42	0
Quick Ratio	0,04	0,04	0,42	0
Equity Ratio	0,17	0,17	0,17	0,16
Gross Profit Margin	99,95 %	99,86 %	100 %	100 %