FESTNINGSVEIEN 2 AS

0161 OSLO

Finances

Share Ownership

Return on Equity

17,5 %

Current Ratio

0,62

Debt-to-Equity Ratio

0,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 229 000	25 328 000	24 470 000	24 027 000
Net Income	15 702 000	18 193 000	13 240 000	15 355 000
Total Assets	188 124 000	188 066 000	200 951 000	197 592 000
Total Equity	89 719 000	74 017 000	89 570 000	76 330 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 229 000	25 328 000	24 470 000	24 027 000
Expenditure	5 968 000	5 916 000	5 306 000	5 195 000
Operating Profit	20 261 000	19 411 000	19 164 000	18 831 000
Financial Income	4 537 000	6 674 000	5 328 000	4 313 000
Financial Costs	4 667 000	2 761 000	7 512 000	3 458 000
Financial Balance	−130 000	3 913 000	−2 184 000	855 000
Earnings Before Tax	20 131 000	23 324 000	16 980 000	19 686 000
Tax	4 429 000	5 131 000	3 739 000	4 331 000
Net Income	15 702 000	18 193 000	13 240 000	15 355 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	170 733 000	175 204 000	179 674 000	184 144 000
Total Current Assets	17 391 000	12 863 000	21 277 000	13 448 000
Total Assets	188 124 000	188 066 000	200 951 000	197 592 000
Total Retained Equity	70 768 000	55 065 000	55 618 000	42 378 000
Total Equity	89 719 000	74 017 000	89 570 000	76 330 000
Total Long-Term Debt	70 185 000	86 899 000	107 503 000	116 661 000
Total Current Debt	28 220 000	27 150 000	3 878 000	4 601 000
Total Equity and Debt	188 124 000	188 066 000	200 951 000	197 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	26 229 000	25 328 000	24 470 000	24 027 000
Revenue	26 229 000	25 328 000	24 470 000	24 027 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	77 000	80 000
Depreciation	4 470 000	4 470 000	4 470 000	4 470 000
Impairment	0	0	0	0
Expenditure	5 968 000	5 916 000	5 306 000	5 195 000
Operating Profit	20 261 000	19 411 000	19 164 000	18 831 000
Financial Income	4 537 000	6 674 000	5 328 000	4 313 000
Financial Costs	4 667 000	2 761 000	7 512 000	3 458 000
Financial Balance	−130 000	3 913 000	−2 184 000	855 000
Dividends	0	1 405 000	0	0
Net Income	15 702 000	18 193 000	13 240 000	15 355 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	170 733 000	175 204 000	179 674 000	184 144 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	170 733 000	175 204 000	179 674 000	184 144 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	170 733 000	175 204 000	179 674 000	184 144 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 938 000	12 008 000	9 430 000	13 417 000
Total Current Assets	17 391 000	12 863 000	21 277 000	13 448 000
Total Assets	188 124 000	188 066 000	200 951 000	197 592 000
Total Equity	89 719 000	74 017 000	89 570 000	76 330 000
Short-Term Group Debt	27 516 000	25 175 000	0	0
Total Long-Term Debt	70 185 000	86 899 000	107 503 000	116 661 000
Creditors	265 000	270 000	9 000	1 000
Unpaid Taxes	0	0	10 000	10 000
Dividends	0	1 405 000	0	0
Other Current Debt	439 000	300 000	441 000	667 000
Total Current Debt	28 220 000	27 150 000	3 878 000	4 601 000
Total Equity and Debt	188 124 000	188 066 000	200 951 000	197 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,5 %	24,58 %	14,78 %	20,12 %
Debt-to-Equity Ratio	0,78	1,17	1,2	1,53
Operating Profit Margin	77,25 %	76,64 %	78,32 %	78,37 %
Current Ratio	0,62	0,47	5,49	2,92
Quick Ratio	0,62	0,47	5,49	2,92
Equity Ratio	0,48	0,39	0,45	0,39
Gross Profit Margin	100 %	100 %	100 %	100 %