FORMANNEN AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

394,23 %

Current Ratio

29,65

Debt-to-Equity Ratio

−36,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	208 000	218 000	198 000	198 000
Net Income	−205 000	54 000	9 000	1 000
Total Assets	1 855 000	1 164 000	1 193 000	1 256 000
Total Equity	−52 000	153 000	100 000	91 000

Income (NOK)	2022	2021	2020	2019
Revenue	208 000	218 000	198 000	198 000
Expenditure	390 000	102 000	137 000	142 000
Operating Profit	−182 000	116 000	60 000	56 000
Financial Income	0	0	0	0
Financial Costs	81 000	45 000	49 000	55 000
Financial Balance	−81 000	−45 000	−49 000	−55 000
Earnings Before Tax	−263 000	72 000	11 000	1 000
Tax	−58 000	18 000	2 000	0
Net Income	−205 000	54 000	9 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	847 000	817 000	1 078 000	1 136 000
Total Current Assets	1 008 000	347 000	115 000	120 000
Total Assets	1 855 000	1 164 000	1 193 000	1 256 000
Total Retained Equity	−152 000	53 000	0	−9 000
Total Equity	−52 000	153 000	100 000	91 000
Total Long-Term Debt	1 873 000	981 000	1 046 000	1 112 000
Total Current Debt	34 000	30 000	48 000	53 000
Total Equity and Debt	1 855 000	1 164 000	1 193 000	1 256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	186 000	198 000
Other Income	208 000	218 000	12 000	0
Revenue	208 000	218 000	198 000	198 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	28 000	−74 000	66 000	66 000
Impairment	0	0	0	0
Expenditure	390 000	102 000	137 000	142 000
Operating Profit	−182 000	116 000	60 000	56 000
Financial Income	0	0	0	0
Financial Costs	81 000	45 000	49 000	55 000
Financial Balance	−81 000	−45 000	−49 000	−55 000
Dividends	0	0	0	0
Net Income	−205 000	54 000	9 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 000	18 000	35 000	38 000
Real Eastate	771 000	799 000	726 000	791 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	771 000	799 000	726 000	791 000
Total Fiancial Fixed Assets	0	0	317 000	307 000
Total Fixed Assets	847 000	817 000	1 078 000	1 136 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	236 000	39 000	115 000	111 000
Total Current Assets	1 008 000	347 000	115 000	120 000
Total Assets	1 855 000	1 164 000	1 193 000	1 256 000
Total Equity	−52 000	153 000	100 000	91 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 873 000	981 000	1 046 000	1 112 000
Creditors	31 000	21 000	0	6 000
Unpaid Taxes	0	6 000	45 000	43 000
Dividends	0	0	0	0
Other Current Debt	3 000	3 000	3 000	4 000
Total Current Debt	34 000	30 000	48 000	53 000
Total Equity and Debt	1 855 000	1 164 000	1 193 000	1 256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	394,23 %	35,29 %	9 %	1,1 %
Debt-to-Equity Ratio	−36,02	6,41	10,46	12,22
Operating Profit Margin	−87,5 %	53,21 %	30,3 %	28,28 %
Current Ratio	29,65	11,57	2,4	2,26
Quick Ratio	29,65	11,57	2,4	2,26
Equity Ratio	−0,03	0,13	0,08	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %