FLORVÅGØEN AS

5314 KJERRGARDEN

Finances

Return on Equity

−12,2 %

Current Ratio

5,11

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	797 000	353 000	653 000	1 304 000
Net Income	−1 836 000	−692 000	−410 000	−2 073 000
Total Assets	16 225 000	18 614 000	19 479 000	20 127 000
Total Equity	15 049 000	16 885 000	17 977 000	18 437 000

Income (NOK)	2022	2021	2020	2019
Revenue	797 000	353 000	653 000	1 304 000
Expenditure	1 076 000	980 000	763 000	1 021 000
Operating Profit	−279 000	−627 000	−110 000	282 000
Financial Income	109 000	50 000	80 000	86 000
Financial Costs	362 000	310 000	497 000	3 026 000
Financial Balance	−253 000	−260 000	−417 000	−2 940 000
Earnings Before Tax	−532 000	−887 000	−526 000	−2 658 000
Tax	1 304 000	−195 000	−116 000	−585 000
Net Income	−1 836 000	−692 000	−410 000	−2 073 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 993 000	18 384 000	18 581 000	19 377 000
Total Current Assets	1 232 000	230 000	898 000	751 000
Total Assets	16 225 000	18 614 000	19 479 000	20 127 000
Total Retained Equity	14 949 000	16 785 000	17 877 000	18 337 000
Total Equity	15 049 000	16 885 000	17 977 000	18 437 000
Total Long-Term Debt	935 000	1 285 000	1 345 000	1 405 000
Total Current Debt	241 000	444 000	158 000	285 000
Total Equity and Debt	16 225 000	18 614 000	19 479 000	20 127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	377 000	353 000	368 000	321 000
Other Income	420 000	0	285 000	982 000
Revenue	797 000	353 000	653 000	1 304 000
Cost of Goods Sold	0	0	0	0
Salary Costs	690 000	526 000	406 000	579 000
Depreciation	124 000	129 000	134 000	134 000
Impairment	0	0	0	0
Expenditure	1 076 000	980 000	763 000	1 021 000
Operating Profit	−279 000	−627 000	−110 000	282 000
Financial Income	109 000	50 000	80 000	86 000
Financial Costs	362 000	310 000	497 000	3 026 000
Financial Balance	−253 000	−260 000	−417 000	−2 940 000
Dividends	0	0	0	0
Net Income	−1 836 000	−692 000	−410 000	−2 073 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 304 000	1 109 000	993 000
Real Eastate	6 621 000	7 233 000	7 293 000	7 863 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	46 000	0	5 000	29 000
Total Tangible Assets	6 667 000	7 343 000	7 473 000	8 036 000
Total Fiancial Fixed Assets	8 326 000	9 737 000	9 999 000	10 348 000
Total Fixed Assets	14 993 000	18 384 000	18 581 000	19 377 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 191 000	209 000	777 000	722 000
Total Current Assets	1 232 000	230 000	898 000	751 000
Total Assets	16 225 000	18 614 000	19 479 000	20 127 000
Total Equity	15 049 000	16 885 000	17 977 000	18 437 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	935 000	1 285 000	1 345 000	1 405 000
Creditors	35 000	20 000	31 000	194 000
Unpaid Taxes	49 000	43 000	62 000	39 000
Dividends	0	0	0	0
Other Current Debt	157 000	381 000	64 000	52 000
Total Current Debt	241 000	444 000	158 000	285 000
Total Equity and Debt	16 225 000	18 614 000	19 479 000	20 127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,2 %	−4,1 %	−2,28 %	−11,24 %
Debt-to-Equity Ratio	0,06	0,08	0,07	0,08
Operating Profit Margin	−35,01 %	−177,62 %	−16,85 %	21,63 %
Current Ratio	5,11	0,52	5,68	2,64
Quick Ratio	5,11	0,52	5,68	2,64
Equity Ratio	0,93	0,91	0,92	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %