FESTØY EIENDOM AS

6174 BARSTADVIK

Finances

Share Ownership

Return on Equity

24,64 %

Current Ratio

Debt-to-Equity Ratio

4,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	256 000	243 000	240 000	144 000
Net Income	51 000	53 000	40 000	−32 000
Total Assets	1 096 000	1 135 000	1 190 000	1 233 000
Total Equity	207 000	156 000	103 000	63 000

Income (NOK)	2022	2021	2020	2019
Revenue	256 000	243 000	240 000	144 000
Expenditure	150 000	136 000	141 000	111 000
Operating Profit	107 000	108 000	99 000	33 000
Financial Income	0	0	0	0
Financial Costs	56 000	55 000	59 000	65 000
Financial Balance	−56 000	−55 000	−59 000	−65 000
Earnings Before Tax	51 000	53 000	40 000	−32 000
Tax	0	0	0	0
Net Income	51 000	53 000	40 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	911 000	1 015 000	1 118 000	1 222 000
Total Current Assets	184 000	120 000	72 000	11 000
Total Assets	1 096 000	1 135 000	1 190 000	1 233 000
Total Retained Equity	−293 000	−344 000	−397 000	−437 000
Total Equity	207 000	156 000	103 000	63 000
Total Long-Term Debt	866 000	966 000	1 063 000	1 155 000
Total Current Debt	23 000	13 000	25 000	15 000
Total Equity and Debt	1 096 000	1 135 000	1 190 000	1 233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	256 000	243 000	240 000	144 000
Revenue	256 000	243 000	240 000	144 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	104 000	104 000	104 000	85 000
Impairment	0	0	0	0
Expenditure	150 000	136 000	141 000	111 000
Operating Profit	107 000	108 000	99 000	33 000
Financial Income	0	0	0	0
Financial Costs	56 000	55 000	59 000	65 000
Financial Balance	−56 000	−55 000	−59 000	−65 000
Dividends	0	0	0	0
Net Income	51 000	53 000	40 000	−32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	691 000	769 000	847 000	924 000
Machinery and Plant Facilities	220 000	246 000	0	0
Fixtures	0	0	272 000	298 000
Total Tangible Assets	911 000	1 015 000	1 118 000	1 222 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	911 000	1 015 000	1 118 000	1 222 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	78 000	116 000	72 000	6 000
Total Current Assets	184 000	120 000	72 000	11 000
Total Assets	1 096 000	1 135 000	1 190 000	1 233 000
Total Equity	207 000	156 000	103 000	63 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	866 000	966 000	1 063 000	1 155 000
Creditors	13 000	0	0	0
Unpaid Taxes	8 000	11 000	10 000	0
Dividends	0	0	0	0
Other Current Debt	3 000	2 000	15 000	15 000
Total Current Debt	23 000	13 000	25 000	15 000
Total Equity and Debt	1 096 000	1 135 000	1 190 000	1 233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,64 %	33,97 %	38,83 %	−50,79 %
Debt-to-Equity Ratio	4,18	6,19	10,32	18,33
Operating Profit Margin	41,8 %	44,44 %	41,25 %	22,92 %
Current Ratio	8	9,23	2,88	0,73
Quick Ratio	8	9,23	2,88	0,73
Equity Ratio	0,19	0,14	0,09	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %