FESTINA LENTE AS

1459 NESODDEN

Finances

Return on Equity

22,31 %

Current Ratio

632,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	493 000	528 000	528 000	440 000
Total Assets	2 213 000	2 342 000	1 814 000	1 286 000
Total Equity	2 210 000	2 318 000	1 790 000	1 262 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	15 000	0	0	0
Operating Profit	−15 000	0	0	0
Financial Income	705 000	528 000	528 000	440 000
Financial Costs	187 000	0	0	0
Financial Balance	518 000	528 000	528 000	440 000
Earnings Before Tax	502 000	528 000	528 000	440 000
Tax	9 000	0	0	0
Net Income	493 000	528 000	528 000	440 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	317 000	317 000	317 000	317 000
Total Current Assets	1 897 000	2 025 000	1 497 000	969 000
Total Assets	2 213 000	2 342 000	1 814 000	1 286 000
Total Retained Equity	1 906 000	2 013 000	1 485 000	957 000
Total Equity	2 210 000	2 318 000	1 790 000	1 262 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 000	24 000	24 000	24 000
Total Equity and Debt	2 213 000	2 342 000	1 814 000	1 286 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	15 000	0	0	0
Operating Profit	−15 000	0	0	0
Financial Income	705 000	528 000	528 000	440 000
Financial Costs	187 000	0	0	0
Financial Balance	518 000	528 000	528 000	440 000
Dividends	0	0	0	0
Net Income	493 000	528 000	528 000	440 000

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	317 000	317 000	317 000	317 000
Total Fixed Assets	317 000	317 000	317 000	317 000
Stock	0	0	0	0
Total Investments	732 000	0	0	0
Cash, Bank	1 164 000	2 021 000	1 497 000	969 000
Total Current Assets	1 897 000	2 025 000	1 497 000	969 000
Total Assets	2 213 000	2 342 000	1 814 000	1 286 000
Total Equity	2 210 000	2 318 000	1 790 000	1 262 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	24 000	24 000	24 000
Total Current Debt	3 000	24 000	24 000	24 000
Total Equity and Debt	2 213 000	2 342 000	1 814 000	1 286 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,31 %	22,78 %	29,5 %	34,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	632,33	84,38	62,38	40,38
Quick Ratio	632,33	84,38	62,38	40,38
Equity Ratio	1	0,99	0,99	0,98
Gross Profit Margin	-	-	-	-