FINNERUD EIENDOM AS

3533 TYRISTRAND

Finances

Share Ownership

Return on Equity

7,11 %

Current Ratio

0,95

Debt-to-Equity Ratio

1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	644 000	615 000	623 000	723 000
Net Income	148 000	175 000	133 000	197 000
Total Assets	5 790 000	5 931 000	5 934 000	6 060 000
Total Equity	2 083 000	1 935 000	1 760 000	1 632 000

Income (NOK)	2022	2021	2020	2019
Revenue	644 000	615 000	623 000	723 000
Expenditure	285 000	256 000	291 000	303 000
Operating Profit	360 000	360 000	332 000	420 000
Financial Income	5 000	5 000	0	4 000
Financial Costs	175 000	140 000	161 000	178 000
Financial Balance	−170 000	−135 000	−161 000	−174 000
Earnings Before Tax	190 000	225 000	171 000	246 000
Tax	42 000	50 000	38 000	54 000
Net Income	148 000	175 000	133 000	197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 732 000	5 794 000	5 875 000	5 973 000
Total Current Assets	58 000	137 000	59 000	87 000
Total Assets	5 790 000	5 931 000	5 934 000	6 060 000
Total Retained Equity	1 983 000	1 835 000	1 660 000	1 532 000
Total Equity	2 083 000	1 935 000	1 760 000	1 632 000
Total Long-Term Debt	3 646 000	3 881 000	4 120 000	4 337 000
Total Current Debt	61 000	115 000	53 000	90 000
Total Equity and Debt	5 790 000	5 931 000	5 934 000	6 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 000	4 000	11 000
Other Income	644 000	614 000	620 000	711 000
Revenue	644 000	615 000	623 000	723 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	78 000	78 000	78 000	85 000
Impairment	0	0	0	0
Expenditure	285 000	256 000	291 000	303 000
Operating Profit	360 000	360 000	332 000	420 000
Financial Income	5 000	5 000	0	4 000
Financial Costs	175 000	140 000	161 000	178 000
Financial Balance	−170 000	−135 000	−161 000	−174 000
Dividends	0	0	0	0
Net Income	148 000	175 000	133 000	197 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 678 000	5 749 000	5 820 000	5 891 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	14 000	21 000	28 000
Total Tangible Assets	5 701 000	5 763 000	5 841 000	5 919 000
Total Fiancial Fixed Assets	31 000	31 000	34 000	54 000
Total Fixed Assets	5 732 000	5 794 000	5 875 000	5 973 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 000	103 000	45 000	64 000
Total Current Assets	58 000	137 000	59 000	87 000
Total Assets	5 790 000	5 931 000	5 934 000	6 060 000
Total Equity	2 083 000	1 935 000	1 760 000	1 632 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 646 000	3 881 000	4 120 000	4 337 000
Creditors	2 000	9 000	3 000	5 000
Unpaid Taxes	9 000	22 000	13 000	17 000
Dividends	0	0	0	0
Other Current Debt	6 000	34 000	0	15 000
Total Current Debt	61 000	115 000	53 000	90 000
Total Equity and Debt	5 790 000	5 931 000	5 934 000	6 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,11 %	9,04 %	7,56 %	12,07 %
Debt-to-Equity Ratio	1,75	2,01	2,34	2,66
Operating Profit Margin	55,9 %	58,54 %	53,29 %	58,09 %
Current Ratio	0,95	1,19	1,11	0,97
Quick Ratio	0,95	1,19	1,11	0,97
Equity Ratio	0,36	0,33	0,3	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %