FORNÆSS INVEST AS

7042 TRONDHEIM

Finances

Return on Equity

−27,81 %

Current Ratio

500,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 873 000	750 758 000	70 696 000	82 805 000
Net Income	−398 352 000	473 961 000	44 202 000	72 229 000
Total Assets	1 434 260 000	1 841 138 000	1 422 595 000	1 732 636 000
Total Equity	1 432 425 000	1 829 777 000	1 415 816 000	1 370 614 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 873 000	750 758 000	70 696 000	82 805 000
Expenditure	2 973 000	3 219 000	9 284 000	8 465 000
Operating Profit	7 900 000	747 540 000	61 412 000	74 339 000
Financial Income	864 000	561 000	825 000	107 000
Financial Costs	405 998 000	268 662 000	11 373 000	526 000
Financial Balance	−405 134 000	−268 101 000	−10 548 000	−419 000
Earnings Before Tax	−397 234 000	479 439 000	50 864 000	73 920 000
Tax	1 118 000	5 478 000	6 663 000	1 691 000
Net Income	−398 352 000	473 961 000	44 202 000	72 229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	516 472 000	735 491 000	345 893 000	336 068 000
Total Current Assets	917 788 000	1 105 646 000	1 076 702 000	1 396 568 000
Total Assets	1 434 260 000	1 841 138 000	1 422 595 000	1 732 636 000
Total Retained Equity	1 430 136 000	1 828 488 000	1 414 527 000	1 370 325 000
Total Equity	1 432 425 000	1 829 777 000	1 415 816 000	1 370 614 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 835 000	11 360 000	6 779 000	362 022 000
Total Equity and Debt	1 434 260 000	1 841 138 000	1 422 595 000	1 732 636 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	70 696 000	81 740 000
Other Income	10 873 000	750 758 000	0	1 065 000
Revenue	10 873 000	750 758 000	70 696 000	82 805 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	35 000
Impairment	0	0	0	0
Expenditure	2 973 000	3 219 000	9 284 000	8 465 000
Operating Profit	7 900 000	747 540 000	61 412 000	74 339 000
Financial Income	864 000	561 000	825 000	107 000
Financial Costs	405 998 000	268 662 000	11 373 000	526 000
Financial Balance	−405 134 000	−268 101 000	−10 548 000	−419 000
Dividends	0	0	0	0
Net Income	−398 352 000	473 961 000	44 202 000	72 229 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	516 472 000	735 491 000	345 893 000	336 068 000
Total Fixed Assets	516 472 000	735 491 000	345 893 000	336 068 000
Stock	0	0	0	0
Total Investments	916 688 000	1 091 494 000	1 072 460 000	1 391 615 000
Cash, Bank	756 000	6 435 000	4 043 000	4 626 000
Total Current Assets	917 788 000	1 105 646 000	1 076 702 000	1 396 568 000
Total Assets	1 434 260 000	1 841 138 000	1 422 595 000	1 732 636 000
Total Equity	1 432 425 000	1 829 777 000	1 415 816 000	1 370 614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	63 000	883 000	195 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	610 000	5 000 000	0	360 331 000
Total Current Debt	1 835 000	11 360 000	6 779 000	362 022 000
Total Equity and Debt	1 434 260 000	1 841 138 000	1 422 595 000	1 732 636 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,81 %	25,9 %	3,12 %	5,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	72,66 %	99,57 %	86,87 %	89,78 %
Current Ratio	500,16	97,33	158,83	3,86
Quick Ratio	500,16	97,33	158,83	3,86
Equity Ratio	1	0,99	1	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %