M. FINNESTAD INVEST AS

4706 VENNESLA

Finances

Return on Equity

8,05 %

Current Ratio

4,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	163 000	118 000	48 000	248 000
Total Assets	2 179 000	1 869 000	1 746 000	1 695 000
Total Equity	2 025 000	1 862 000	1 743 000	1 695 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	4 000	4 000	4 000	4 000
Operating Profit	−4 000	−4 000	−4 000	−4 000
Financial Income	228 000	128 000	55 000	252 000
Financial Costs	58 000	0	0	0
Financial Balance	170 000	128 000	55 000	252 000
Earnings Before Tax	165 000	124 000	51 000	248 000
Tax	2 000	5 000	3 000	0
Net Income	163 000	118 000	48 000	248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 427 000	701 000	701 000	701 000
Total Current Assets	752 000	1 168 000	1 045 000	994 000
Total Assets	2 179 000	1 869 000	1 746 000	1 695 000
Total Retained Equity	1 699 000	1 536 000	1 417 000	1 369 000
Total Equity	2 025 000	1 862 000	1 743 000	1 695 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	154 000	7 000	3 000	0
Total Equity and Debt	2 179 000	1 869 000	1 746 000	1 695 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 000	4 000	4 000	4 000
Operating Profit	−4 000	−4 000	−4 000	−4 000
Financial Income	228 000	128 000	55 000	252 000
Financial Costs	58 000	0	0	0
Financial Balance	170 000	128 000	55 000	252 000
Dividends	0	0	0	0
Net Income	163 000	118 000	48 000	248 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	1 427 000	701 000	701 000	701 000
Total Fixed Assets	1 427 000	701 000	701 000	701 000
Stock	0	0	0	0
Total Investments	732 000	790 000	690 000	660 000
Cash, Bank	19 000	75 000	79 000	333 000
Total Current Assets	752 000	1 168 000	1 045 000	994 000
Total Assets	2 179 000	1 869 000	1 746 000	1 695 000
Total Equity	2 025 000	1 862 000	1 743 000	1 695 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	152 000	2 000	0	0
Total Current Debt	154 000	7 000	3 000	0
Total Equity and Debt	2 179 000	1 869 000	1 746 000	1 695 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,05 %	6,34 %	2,75 %	14,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	4,88	166,86	348,33	-
Quick Ratio	4,88	166,86	348,33	-
Equity Ratio	0,93	1	1	1
Gross Profit Margin	-	-	-	-