FUNNEMARK EIENDOM AS

3915 PORSGRUNN

Finances

Return on Equity

4,82 %

Current Ratio

13,71

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 607 000	30 664 000	1 392 185 000	1 287 182 000
Net Income	39 036 000	291 689 000	72 923 000	55 896 000
Total Assets	874 945 000	857 336 000	688 162 000	622 909 000
Total Equity	809 754 000	789 799 000	562 903 000	501 980 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 607 000	30 664 000	1 392 185 000	1 287 182 000
Expenditure	14 047 000	14 496 000	1 299 880 000	1 216 848 000
Operating Profit	21 560 000	16 169 000	92 304 000	70 334 000
Financial Income	28 561 000	280 149 000	1 920 000	2 167 000
Financial Costs	20 000	28 000	203 000	319 000
Financial Balance	28 541 000	280 121 000	1 717 000	1 848 000
Earnings Before Tax	50 101 000	296 290 000	94 021 000	72 182 000
Tax	11 065 000	4 601 000	21 098 000	16 286 000
Net Income	39 036 000	291 689 000	72 923 000	55 896 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	277 817 000	240 970 000	294 166 000	293 570 000
Total Current Assets	597 128 000	616 366 000	393 995 000	329 339 000
Total Assets	874 945 000	857 336 000	688 162 000	622 909 000
Total Retained Equity	755 342 000	735 387 000	508 491 000	447 568 000
Total Equity	809 754 000	789 799 000	562 903 000	501 980 000
Total Long-Term Debt	21 632 000	14 335 000	14 360 000	7 031 000
Total Current Debt	43 559 000	53 203 000	110 899 000	113 897 000
Total Equity and Debt	874 945 000	857 336 000	688 162 000	622 909 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 392 185 000	1 287 182 000
Other Income	35 607 000	30 664 000	0	0
Revenue	35 607 000	30 664 000	1 392 185 000	1 287 182 000
Cost of Goods Sold	0	0	1 074 582 000	989 823 000
Salary Costs	4 255 000	2 333 000	139 952 000	141 075 000
Depreciation	4 658 000	4 213 000	13 459 000	13 130 000
Impairment	0	0	0	0
Expenditure	14 047 000	14 496 000	1 299 880 000	1 216 848 000
Operating Profit	21 560 000	16 169 000	92 304 000	70 334 000
Financial Income	28 561 000	280 149 000	1 920 000	2 167 000
Financial Costs	20 000	28 000	203 000	319 000
Financial Balance	28 541 000	280 121 000	1 717 000	1 848 000
Dividends	19 000 000	50 000 000	0	0
Net Income	39 036 000	291 689 000	72 923 000	55 896 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	6 897 000	3 208 000	13 580 000	15 273 000
Total Intangible Assets	6 897 000	3 208 000	46 048 000	47 740 000
Real Eastate	270 569 000	237 413 000	215 559 000	213 752 000
Machinery and Plant Facilities	0	0	20 519 000	0
Fixtures	0	0	10 020 000	12 318 000
Total Tangible Assets	270 569 000	237 413 000	246 098 000	243 676 000
Total Fiancial Fixed Assets	350 000	350 000	2 021 000	2 154 000
Total Fixed Assets	277 817 000	240 970 000	294 166 000	293 570 000
Stock	0	0	110 622 000	161 285 000
Total Investments	0	0	0	0
Cash, Bank	596 157 000	616 345 000	211 774 000	126 788 000
Total Current Assets	597 128 000	616 366 000	393 995 000	329 339 000
Total Assets	874 945 000	857 336 000	688 162 000	622 909 000
Total Equity	809 754 000	789 799 000	562 903 000	501 980 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 632 000	14 335 000	14 360 000	7 031 000
Creditors	1 070 000	171 000	15 870 000	24 882 000
Unpaid Taxes	671 000	591 000	21 976 000	20 780 000
Dividends	19 000 000	50 000 000	0	0
Other Current Debt	32 578 000	46 478 000	59 283 000	51 829 000
Total Current Debt	43 559 000	53 203 000	110 899 000	113 897 000
Total Equity and Debt	874 945 000	857 336 000	688 162 000	622 909 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,82 %	36,93 %	12,95 %	11,14 %
Debt-to-Equity Ratio	0,03	0,02	0,03	0,01
Operating Profit Margin	60,55 %	52,73 %	6,63 %	5,46 %
Current Ratio	13,71	11,59	3,55	2,89
Quick Ratio	13,71	11,59	1 422,36	−6,95
Equity Ratio	0,93	0,92	0,82	0,81
Gross Profit Margin	100 %	100 %	22,81 %	23,1 %