FLORVÅG INDUSTRIHAVN AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

1,71 %

Current Ratio

19,59

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	224 000	224 000	224 000	224 000
Net Income	39 000	−314 000	−46 000	67 000
Total Assets	5 506 000	5 434 000	5 862 000	5 916 000
Total Equity	2 287 000	2 248 000	2 562 000	2 608 000

Income (NOK)	2022	2021	2020	2019
Revenue	224 000	224 000	224 000	224 000
Expenditure	176 000	628 000	285 000	150 000
Operating Profit	48 000	−405 000	−62 000	74 000
Financial Income	2 000	2 000	2 000	7 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	2 000	7 000
Earnings Before Tax	50 000	−403 000	−59 000	81 000
Tax	11 000	−89 000	−13 000	13 000
Net Income	39 000	−314 000	−46 000	67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 075 000	5 174 000	5 274 000	5 373 000
Total Current Assets	431 000	260 000	589 000	543 000
Total Assets	5 506 000	5 434 000	5 862 000	5 916 000
Total Retained Equity	703 000	664 000	978 000	1 024 000
Total Equity	2 287 000	2 248 000	2 562 000	2 608 000
Total Long-Term Debt	3 197 000	3 186 000	3 274 000	3 287 000
Total Current Debt	22 000	0	26 000	20 000
Total Equity and Debt	5 506 000	5 434 000	5 862 000	5 916 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	224 000	224 000	224 000	224 000
Revenue	224 000	224 000	224 000	224 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	99 000	99 000	99 000	99 000
Impairment	0	0	0	0
Expenditure	176 000	628 000	285 000	150 000
Operating Profit	48 000	−405 000	−62 000	74 000
Financial Income	2 000	2 000	2 000	7 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	2 000	7 000
Dividends	0	0	0	0
Net Income	39 000	−314 000	−46 000	67 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 075 000	5 174 000	5 274 000	5 373 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 075 000	5 174 000	5 274 000	5 373 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 075 000	5 174 000	5 274 000	5 373 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	92 000	92 000	92 000	91 000
Total Current Assets	431 000	260 000	589 000	543 000
Total Assets	5 506 000	5 434 000	5 862 000	5 916 000
Total Equity	2 287 000	2 248 000	2 562 000	2 608 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 197 000	3 186 000	3 274 000	3 287 000
Creditors	6 000	0	23 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	16 000	0	3 000	15 000
Total Current Debt	22 000	0	26 000	20 000
Total Equity and Debt	5 506 000	5 434 000	5 862 000	5 916 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,71 %	−13,97 %	−1,8 %	2,57 %
Debt-to-Equity Ratio	1,4	1,42	1,28	1,26
Operating Profit Margin	21,43 %	−180,8 %	−27,68 %	33,04 %
Current Ratio	19,59	-	22,65	27,15
Quick Ratio	19,59	-	22,65	27,15
Equity Ratio	0,42	0,41	0,44	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %