FLORENCE INVEST AS

0283 OSLO

Finances

Return on Equity

3,62 %

Current Ratio

2,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	576 000	336 000	136 000	3 979 000
Total Assets	17 426 000	17 248 000	17 882 000	19 879 000
Total Equity	15 925 000	16 849 000	17 263 000	19 827 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	57 000	55 000	40 000	37 000
Operating Profit	−57 000	−55 000	−40 000	−37 000
Financial Income	634 000	438 000	201 000	4 078 000
Financial Costs	0	0	6 000	11 000
Financial Balance	634 000	438 000	195 000	4 067 000
Earnings Before Tax	576 000	384 000	154 000	4 030 000
Tax	0	48 000	18 000	51 000
Net Income	576 000	336 000	136 000	3 979 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 782 000	15 681 000	14 354 000	14 724 000
Total Current Assets	3 644 000	1 566 000	3 528 000	5 155 000
Total Assets	17 426 000	17 248 000	17 882 000	19 879 000
Total Retained Equity	15 825 000	16 749 000	17 163 000	19 727 000
Total Equity	15 925 000	16 849 000	17 263 000	19 827 000
Total Long-Term Debt	1 000	1 000	1 000	1 000
Total Current Debt	1 500 000	398 000	618 000	51 000
Total Equity and Debt	17 426 000	17 248 000	17 882 000	19 879 000

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	57 000	55 000	40 000	37 000
Operating Profit	−57 000	−55 000	−40 000	−37 000
Financial Income	634 000	438 000	201 000	4 078 000
Financial Costs	0	0	6 000	11 000
Financial Balance	634 000	438 000	195 000	4 067 000
Dividends	1 500 000	750 000	2 700 000	0
Net Income	576 000	336 000	136 000	3 979 000

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	13 782 000	15 681 000	14 354 000	14 724 000
Total Fixed Assets	13 782 000	15 681 000	14 354 000	14 724 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 644 000	1 256 000	3 158 000	211 000
Total Current Assets	3 644 000	1 566 000	3 528 000	5 155 000
Total Assets	17 426 000	17 248 000	17 882 000	19 879 000
Total Equity	15 925 000	16 849 000	17 263 000	19 827 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	1 000	1 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 500 000	750 000	2 700 000	0
Other Current Debt	0	0	0	0
Total Current Debt	1 500 000	398 000	618 000	51 000
Total Equity and Debt	17 426 000	17 248 000	17 882 000	19 879 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,62 %	1,99 %	0,79 %	20,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,43	3,93	5,71	101,08
Quick Ratio	2,43	3,93	5,71	101,08
Equity Ratio	0,91	0,98	0,97	1
Gross Profit Margin	-	-	-	-