FINNESTADSVINGEN 11 AS

4029 STAVANGER

Finances

Share Ownership

Return on Equity

19,49 %

Current Ratio

0,78

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 289 000	2 884 000	2 741 000	2 633 000
Net Income	1 565 000	1 121 000	1 202 000	1 111 000
Total Assets	20 701 000	20 013 000	21 281 000	22 703 000
Total Equity	8 030 000	10 465 000	10 444 000	10 442 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 289 000	2 884 000	2 741 000	2 633 000
Expenditure	1 288 000	1 193 000	931 000	785 000
Operating Profit	2 003 000	1 690 000	1 809 000	1 848 000
Financial Income	38 000	5 000	12 000	43 000
Financial Costs	318 000	259 000	281 000	466 000
Financial Balance	−280 000	−254 000	−269 000	−423 000
Earnings Before Tax	1 722 000	1 437 000	1 541 000	1 425 000
Tax	157 000	316 000	339 000	314 000
Net Income	1 565 000	1 121 000	1 202 000	1 111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 187 000	17 643 000	18 289 000	18 935 000
Total Current Assets	3 514 000	2 369 000	2 992 000	3 768 000
Total Assets	20 701 000	20 013 000	21 281 000	22 703 000
Total Retained Equity	5 030 000	7 465 000	7 444 000	7 442 000
Total Equity	8 030 000	10 465 000	10 444 000	10 442 000
Total Long-Term Debt	8 138 000	8 020 000	9 230 000	11 908 000
Total Current Debt	4 534 000	1 528 000	1 608 000	353 000
Total Equity and Debt	20 701 000	20 013 000	21 281 000	22 703 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	171 000	54 000	0	0
Other Income	3 119 000	2 829 000	2 741 000	2 633 000
Revenue	3 289 000	2 884 000	2 741 000	2 633 000
Cost of Goods Sold	1 000	0	0	0
Salary Costs	56 000	46 000	0	0
Depreciation	663 000	646 000	646 000	646 000
Impairment	0	0	0	0
Expenditure	1 288 000	1 193 000	931 000	785 000
Operating Profit	2 003 000	1 690 000	1 809 000	1 848 000
Financial Income	38 000	5 000	12 000	43 000
Financial Costs	318 000	259 000	281 000	466 000
Financial Balance	−280 000	−254 000	−269 000	−423 000
Dividends	4 000 000	1 100 000	1 200 000	0
Net Income	1 565 000	1 121 000	1 202 000	1 111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 187 000	17 643 000	18 289 000	18 935 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	17 187 000	17 643 000	18 289 000	18 935 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 187 000	17 643 000	18 289 000	18 935 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 561 000	2 362 000	2 985 000	3 762 000
Total Current Assets	3 514 000	2 369 000	2 992 000	3 768 000
Total Assets	20 701 000	20 013 000	21 281 000	22 703 000
Total Equity	8 030 000	10 465 000	10 444 000	10 442 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 138 000	8 020 000	9 230 000	11 908 000
Creditors	62 000	0	0	−10 000
Unpaid Taxes	100 000	130 000	93 000	71 000
Dividends	4 000 000	1 100 000	1 200 000	0
Other Current Debt	15 000	13 000	17 000	29 000
Total Current Debt	4 534 000	1 528 000	1 608 000	353 000
Total Equity and Debt	20 701 000	20 013 000	21 281 000	22 703 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,49 %	10,71 %	11,51 %	10,64 %
Debt-to-Equity Ratio	1,01	0,77	0,88	1,14
Operating Profit Margin	60,9 %	58,6 %	66 %	70,19 %
Current Ratio	0,78	1,55	1,86	10,67
Quick Ratio	0,78	1,55	1,86	10,67
Equity Ratio	0,39	0,52	0,49	0,46
Gross Profit Margin	99,97 %	100 %	100 %	100 %