FLORVAAG BOLIG AS

4312 SANDNES

Finances

Share Ownership

Return on Equity

−19,81 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	14 816 000	19 753 000	41 934 000
Net Income	−4 522 000	−1 893 000	−3 353 000	−214 000
Total Assets	54 641 000	56 553 000	76 231 000	72 710 000
Total Equity	22 822 000	25 722 000	26 574 000	21 858 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	14 816 000	19 753 000	41 934 000
Expenditure	5 092 000	16 839 000	23 344 000	40 952 000
Operating Profit	−5 091 000	−2 023 000	−3 591 000	982 000
Financial Income	0	2 000	6 000	1 000
Financial Costs	706 000	406 000	713 000	1 257 000
Financial Balance	−706 000	−404 000	−707 000	−1 256 000
Earnings Before Tax	−5 798 000	−2 427 000	−4 298 000	−274 000
Tax	−1 276 000	−534 000	−944 000	−60 000
Net Income	−4 522 000	−1 893 000	−3 353 000	−214 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 015 000	20 197 000	19 457 000	17 615 000
Total Current Assets	34 626 000	36 356 000	56 774 000	55 094 000
Total Assets	54 641 000	56 553 000	76 231 000	72 710 000
Total Retained Equity	793 000	3 692 000	5 585 000	8 939 000
Total Equity	22 822 000	25 722 000	26 574 000	21 858 000
Total Long-Term Debt	250 000	250 000	250 000	250 000
Total Current Debt	31 569 000	30 581 000	49 407 000	50 602 000
Total Equity and Debt	54 641 000	56 553 000	76 231 000	72 710 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	14 819 000	19 757 000	41 833 000
Other Income	0	−3 000	−4 000	102 000
Revenue	0	14 816 000	19 753 000	41 934 000
Cost of Goods Sold	3 888 000	15 459 000	21 478 000	38 485 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 092 000	16 839 000	23 344 000	40 952 000
Operating Profit	−5 091 000	−2 023 000	−3 591 000	982 000
Financial Income	0	2 000	6 000	1 000
Financial Costs	706 000	406 000	713 000	1 257 000
Financial Balance	−706 000	−404 000	−707 000	−1 256 000
Dividends	0	0	0	0
Net Income	−4 522 000	−1 893 000	−3 353 000	−214 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 015 000	1 197 000	957 000	115 000
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	18 000 000	19 000 000	18 500 000	17 500 000
Total Fixed Assets	20 015 000	20 197 000	19 457 000	17 615 000
Stock	32 423 000	34 911 000	46 286 000	54 437 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	34 626 000	36 356 000	56 774 000	55 094 000
Total Assets	54 641 000	56 553 000	76 231 000	72 710 000
Total Equity	22 822 000	25 722 000	26 574 000	21 858 000
Short-Term Group Debt	30 313 000	28 963 000	45 425 000	47 292 000
Total Long-Term Debt	250 000	250 000	250 000	250 000
Creditors	0	0	1 155 000	811 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 255 000	1 618 000	816 000	2 499 000
Total Current Debt	31 569 000	30 581 000	49 407 000	50 602 000
Total Equity and Debt	54 641 000	56 553 000	76 231 000	72 710 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,81 %	−7,36 %	−12,62 %	−0,98 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	-	−13,65 %	−18,18 %	2,34 %
Current Ratio	1,1	1,19	1,15	1,09
Quick Ratio	−40,55	−8,4	18,19	−14,37
Equity Ratio	0,42	0,45	0,35	0,3
Gross Profit Margin	-	−4,34 %	−8,73 %	8,22 %