CANTON AS

5419 FITJAR

Finances

Return on Equity

1,22 %

Current Ratio

11,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	6 000 000	0	0
Net Income	645 000	14 050 000	−8 987 000	−617 000
Total Assets	54 276 000	62 043 000	55 231 000	67 722 000
Total Equity	52 661 000	52 016 000	55 466 000	67 453 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	6 000 000	0	0
Expenditure	56 000	151 000	127 000	2 201 000
Operating Profit	−56 000	5 849 000	−127 000	−2 201 000
Financial Income	1 145 000	66 990 000	1 056 000	2 785 000
Financial Costs	240 000	56 533 000	12 406 000	850 000
Financial Balance	905 000	10 457 000	−11 350 000	1 935 000
Earnings Before Tax	849 000	16 305 000	−11 477 000	−266 000
Tax	204 000	2 255 000	−2 490 000	351 000
Net Income	645 000	14 050 000	−8 987 000	−617 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 920 000	28 243 000	26 338 000	24 489 000
Total Current Assets	18 357 000	33 800 000	28 893 000	43 234 000
Total Assets	54 276 000	62 043 000	55 231 000	67 722 000
Total Retained Equity	51 951 000	51 306 000	54 756 000	66 743 000
Total Equity	52 661 000	52 016 000	55 466 000	67 453 000
Total Long-Term Debt	7 000	7 000	8 000	8 000
Total Current Debt	1 607 000	10 019 000	−243 000	262 000
Total Equity and Debt	54 276 000	62 043 000	55 231 000	67 722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	6 000 000	0	0
Revenue	0	6 000 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	21 000	83 000	83 000
Impairment	0	0	0	0
Expenditure	56 000	151 000	127 000	2 201 000
Operating Profit	−56 000	5 849 000	−127 000	−2 201 000
Financial Income	1 145 000	66 990 000	1 056 000	2 785 000
Financial Costs	240 000	56 533 000	12 406 000	850 000
Financial Balance	905 000	10 457 000	−11 350 000	1 935 000
Dividends	0	17 500 000	3 000 000	5 300 000
Net Income	645 000	14 050 000	−8 987 000	−617 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	16 000	2 251 000	5 000
Real Eastate	5 494 000	5 494 000	5 494 000	5 494 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	221 000	221 000	242 000	325 000
Total Tangible Assets	5 715 000	5 715 000	5 736 000	5 819 000
Total Fiancial Fixed Assets	30 192 000	22 512 000	18 351 000	18 665 000
Total Fixed Assets	35 920 000	28 243 000	26 338 000	24 489 000
Stock	0	0	0	0
Total Investments	2 276 000	2 510 000	2 301 000	2 814 000
Cash, Bank	16 081 000	31 277 000	26 365 000	33 201 000
Total Current Assets	18 357 000	33 800 000	28 893 000	43 234 000
Total Assets	54 276 000	62 043 000	55 231 000	67 722 000
Total Equity	52 661 000	52 016 000	55 466 000	67 453 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	7 000	8 000	8 000
Creditors	21 000	0	1 000	18 000
Unpaid Taxes	0	0	0	0
Dividends	0	17 500 000	3 000 000	5 300 000
Other Current Debt	1 386 000	10 000 000	0	0
Total Current Debt	1 607 000	10 019 000	−243 000	262 000
Total Equity and Debt	54 276 000	62 043 000	55 231 000	67 722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,22 %	27,01 %	−16,2 %	−0,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	97,48 %	-	-
Current Ratio	11,42	3,37	−118,9	165,02
Quick Ratio	11,42	3,37	−118,9	165,02
Equity Ratio	0,97	0,84	1	1
Gross Profit Margin	-	100 %	-	-