FORTUNA ESTATE AS

0581 OSLO

Finances

Return on Equity

−53,96 %

Current Ratio

2,55

Debt-to-Equity Ratio

−13

Key figures (NOK)	2021	2020	2019	2018
Revenue	192 566 000	159 271 000	165 767 000	17 428 000
Net Income	41 016 000	−79 005 000	−56 434 000	3 728 000
Total Assets	970 514 000	835 364 000	803 216 000	480 062 000
Total Equity	−76 015 000	−83 619 000	−3 417 000	112 727 000

Income (NOK)	2021	2020	2019	2018
Revenue	192 566 000	159 271 000	165 767 000	17 428 000
Expenditure	115 526 000	202 462 000	186 117 000	4 569 000
Operating Profit	77 041 000	−43 192 000	−20 350 000	12 859 000
Financial Income	2 534 000	579 000	486 000	13 350 000
Financial Costs	38 559 000	36 392 000	36 569 000	22 481 000
Financial Balance	−36 025 000	−35 813 000	−36 083 000	−9 131 000
Earnings Before Tax	41 016 000	−79 005 000	−56 434 000	3 728 000
Tax	0	0	0	0
Net Income	41 016 000	−79 005 000	−56 434 000	3 728 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	821 418 000	605 184 000	568 342 000	479 217 000
Total Current Assets	149 096 000	230 180 000	234 874 000	845 000
Total Assets	970 514 000	835 364 000	803 216 000	480 062 000
Total Retained Equity	−94 071 000	−101 675 000	−21 473 000	94 671 000
Total Equity	−76 015 000	−83 619 000	−3 417 000	112 727 000
Total Long-Term Debt	987 969 000	795 402 000	645 555 000	353 100 000
Total Current Debt	58 560 000	123 581 000	161 078 000	14 235 000
Total Equity and Debt	970 514 000	835 364 000	803 216 000	480 062 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	192 566 000	159 271 000	104 220 000	0
Other Income	0	0	61 548 000	17 428 000
Revenue	192 566 000	159 271 000	165 767 000	17 428 000
Cost of Goods Sold	16 234 000	137 671 000	107 701 000	0
Salary Costs	19 953 000	22 581 000	17 721 000	0
Depreciation	12 600 000	10 645 000	10 018 000	41 000
Impairment	0	0	0	0
Expenditure	115 526 000	202 462 000	186 117 000	4 569 000
Operating Profit	77 041 000	−43 192 000	−20 350 000	12 859 000
Financial Income	2 534 000	579 000	486 000	13 350 000
Financial Costs	38 559 000	36 392 000	36 569 000	22 481 000
Financial Balance	−36 025 000	−35 813 000	−36 083 000	−9 131 000
Dividends	0	0	0	0
Net Income	41 016 000	−79 005 000	−56 434 000	3 728 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	808 568 000	588 999 000	562 243 000	0
Machinery and Plant Facilities	610 000	794 000	0	0
Fixtures	857 000	1 142 000	1 589 000	193 000
Total Tangible Assets	810 035 000	590 935 000	563 832 000	193 000
Total Fiancial Fixed Assets	11 383 000	14 248 000	4 510 000	479 024 000
Total Fixed Assets	821 418 000	605 184 000	568 342 000	479 217 000
Stock	119 985 000	114 186 000	106 371 000	0
Total Investments	0	0	0	0
Cash, Bank	8 080 000	7 036 000	27 156 000	473 000
Total Current Assets	149 096 000	230 180 000	234 874 000	845 000
Total Assets	970 514 000	835 364 000	803 216 000	480 062 000
Total Equity	−76 015 000	−83 619 000	−3 417 000	112 727 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	987 969 000	795 402 000	645 555 000	353 100 000
Creditors	22 751 000	31 582 000	15 042 000	472 000
Unpaid Taxes	8 579 000	19 893 000	5 390 000	0
Dividends	0	0	0	0
Other Current Debt	27 229 000	28 899 000	54 527 000	13 763 000
Total Current Debt	58 560 000	123 581 000	161 078 000	14 235 000
Total Equity and Debt	970 514 000	835 364 000	803 216 000	480 062 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−53,96 %	94,48 %	1 651,57 %	3,31 %
Debt-to-Equity Ratio	−13	−9,51	−188,92	3,13
Operating Profit Margin	40,01 %	−27,12 %	−12,28 %	73,78 %
Current Ratio	2,55	1,86	1,46	0,06
Quick Ratio	−2,43	24,5	4,29	0,06
Equity Ratio	−0,08	−0,1	−0	0,23
Gross Profit Margin	91,57 %	13,56 %	35,03 %	100 %