FORLAND UTVIKLING AS

3713 SKIEN

Finances

Return on Equity

8,1 %

Current Ratio

16,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 465 000	1 132 000	506 000	616 000
Total Assets	18 135 000	18 235 000	18 580 000	19 070 000
Total Equity	18 080 000	18 169 000	18 387 000	18 811 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	21 000	20 000	17 000	34 000
Operating Profit	−21 000	−20 000	−17 000	−34 000
Financial Income	1 486 000	1 330 000	668 000	823 000
Financial Costs	0	161 000	2 000	0
Financial Balance	1 486 000	1 169 000	666 000	823 000
Earnings Before Tax	1 465 000	1 149 000	649 000	790 000
Tax	0	16 000	143 000	174 000
Net Income	1 465 000	1 132 000	506 000	616 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 239 000	16 874 000	17 765 000	18 914 000
Total Current Assets	897 000	1 362 000	815 000	156 000
Total Assets	18 135 000	18 235 000	18 580 000	19 070 000
Total Retained Equity	2 642 000	2 732 000	2 950 000	3 373 000
Total Equity	18 080 000	18 169 000	18 387 000	18 811 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	56 000	66 000	193 000	259 000
Total Equity and Debt	18 135 000	18 235 000	18 580 000	19 070 000

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	21 000	20 000	17 000	34 000
Operating Profit	−21 000	−20 000	−17 000	−34 000
Financial Income	1 486 000	1 330 000	668 000	823 000
Financial Costs	0	161 000	2 000	0
Financial Balance	1 486 000	1 169 000	666 000	823 000
Dividends	1 555 000	1 350 000	930 000	2 269 000
Net Income	1 465 000	1 132 000	506 000	616 000

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	17 239 000	16 874 000	17 765 000	18 914 000
Total Fixed Assets	17 239 000	16 874 000	17 765 000	18 914 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	897 000	1 362 000	766 000	102 000
Total Current Assets	897 000	1 362 000	815 000	156 000
Total Assets	18 135 000	18 235 000	18 580 000	19 070 000
Total Equity	18 080 000	18 169 000	18 387 000	18 811 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	0	0	1 000
Unpaid Taxes	0	0	0	0
Dividends	1 555 000	1 350 000	930 000	2 269 000
Other Current Debt	50 000	50 000	50 000	85 000
Total Current Debt	56 000	66 000	193 000	259 000
Total Equity and Debt	18 135 000	18 235 000	18 580 000	19 070 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,1 %	6,23 %	2,75 %	3,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	16,02	20,64	4,22	0,6
Quick Ratio	16,02	20,64	4,22	0,6
Equity Ratio	1	1	0,99	0,99
Gross Profit Margin	-	-	-	-