FINSTAD NÆRINGSPARK AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

7,62 %

Current Ratio

10,39

Debt-to-Equity Ratio

3,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	660 000	644 000	604 000	577 000
Net Income	111 000	227 000	239 000	148 000
Total Assets	7 630 000	7 899 000	7 927 000	4 079 000
Total Equity	1 456 000	1 456 000	1 482 000	1 480 000

Income (NOK)	2022	2021	2020	2019
Revenue	660 000	644 000	604 000	577 000
Expenditure	276 000	182 000	207 000	300 000
Operating Profit	384 000	462 000	396 000	277 000
Financial Income	11 000	8 000	7 000	7 000
Financial Costs	253 000	179 000	97 000	95 000
Financial Balance	−242 000	−171 000	−90 000	−88 000
Earnings Before Tax	142 000	291 000	306 000	189 000
Tax	31 000	64 000	67 000	42 000
Net Income	111 000	227 000	239 000	148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 672 000	3 712 000	3 754 000	3 800 000
Total Current Assets	3 958 000	4 186 000	4 173 000	279 000
Total Assets	7 630 000	7 899 000	7 927 000	4 079 000
Total Retained Equity	1 356 000	1 356 000	1 382 000	1 380 000
Total Equity	1 456 000	1 456 000	1 482 000	1 480 000
Total Long-Term Debt	5 793 000	6 000 000	6 006 000	2 439 000
Total Current Debt	381 000	443 000	439 000	160 000
Total Equity and Debt	7 630 000	7 899 000	7 927 000	4 079 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	660 000	644 000	604 000	577 000
Other Income	0	0	0	0
Revenue	660 000	644 000	604 000	577 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	40 000	43 000	46 000	50 000
Impairment	0	0	0	0
Expenditure	276 000	182 000	207 000	300 000
Operating Profit	384 000	462 000	396 000	277 000
Financial Income	11 000	8 000	7 000	7 000
Financial Costs	253 000	179 000	97 000	95 000
Financial Balance	−242 000	−171 000	−90 000	−88 000
Dividends	0	0	0	0
Net Income	111 000	227 000	239 000	148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	1 000	0	0
Real Eastate	3 657 000	3 693 000	3 732 000	3 773 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	18 000	22 000	28 000
Total Tangible Assets	3 671 000	3 711 000	3 754 000	3 800 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 672 000	3 712 000	3 754 000	3 800 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 808 000	4 070 000	4 053 000	244 000
Total Current Assets	3 958 000	4 186 000	4 173 000	279 000
Total Assets	7 630 000	7 899 000	7 927 000	4 079 000
Total Equity	1 456 000	1 456 000	1 482 000	1 480 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 793 000	6 000 000	6 006 000	2 439 000
Creditors	10 000	1 000	29 000	12 000
Unpaid Taxes	56 000	62 000	47 000	53 000
Dividends	0	0	0	0
Other Current Debt	315 000	380 000	363 000	53 000
Total Current Debt	381 000	443 000	439 000	160 000
Total Equity and Debt	7 630 000	7 899 000	7 927 000	4 079 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,62 %	15,59 %	16,13 %	10 %
Debt-to-Equity Ratio	3,98	4,12	4,05	1,65
Operating Profit Margin	58,18 %	71,74 %	65,56 %	48,01 %
Current Ratio	10,39	9,45	9,51	1,74
Quick Ratio	10,39	9,45	9,51	1,74
Equity Ratio	0,19	0,18	0,19	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %