FORLAND EIENDOM AS

3713 SKIEN

Finances

Share Ownership

Return on Equity

23,45 %

Current Ratio

0,86

Debt-to-Equity Ratio

1,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 679 000	3 495 000	3 113 000	3 274 000
Net Income	1 396 000	1 404 000	0	1 119 000
Total Assets	19 382 000	21 125 000	18 034 000	19 941 000
Total Equity	5 952 000	6 189 000	7 617 000	8 567 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 679 000	3 495 000	3 113 000	3 274 000
Expenditure	1 528 000	1 477 000	0	1 475 000
Operating Profit	2 151 000	2 017 000	0	1 799 000
Financial Income	42 000	0	0	6 000
Financial Costs	403 000	217 000	285 000	370 000
Financial Balance	−361 000	−217 000	−285 000	−364 000
Earnings Before Tax	1 789 000	1 800 000	0	1 435 000
Tax	393 000	396 000	0	316 000
Net Income	1 396 000	1 404 000	0	1 119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 257 000	20 015 000	16 720 000	17 387 000
Total Current Assets	2 124 000	1 111 000	1 314 000	2 554 000
Total Assets	19 382 000	21 125 000	18 034 000	19 941 000
Total Retained Equity	4 606 000	4 843 000	6 271 000	7 221 000
Total Equity	5 952 000	6 189 000	7 617 000	8 567 000
Total Long-Term Debt	10 971 000	12 398 000	9 623 000	10 542 000
Total Current Debt	2 459 000	2 538 000	794 000	832 000
Total Equity and Debt	19 382 000	21 125 000	18 034 000	19 941 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 679 000	3 495 000	3 113 000	3 274 000
Revenue	3 679 000	3 495 000	3 113 000	3 274 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	705 000	705 000	0	641 000
Impairment	0	0	0	0
Expenditure	1 528 000	1 477 000	0	1 475 000
Operating Profit	2 151 000	2 017 000	0	1 799 000
Financial Income	42 000	0	0	6 000
Financial Costs	403 000	217 000	285 000	370 000
Financial Balance	−361 000	−217 000	−285 000	−364 000
Dividends	0	1 200 000	2 000 000	0
Net Income	1 396 000	1 404 000	0	1 119 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 290 000	15 988 000	16 687 000	17 386 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	24 000	31 000	0
Total Tangible Assets	15 308 000	16 013 000	16 718 000	17 386 000
Total Fiancial Fixed Assets	1 949 000	4 002 000	2 000	2 000
Total Fixed Assets	17 257 000	20 015 000	16 720 000	17 387 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	774 000	1 082 000	1 294 000	1 874 000
Total Current Assets	2 124 000	1 111 000	1 314 000	2 554 000
Total Assets	19 382 000	21 125 000	18 034 000	19 941 000
Total Equity	5 952 000	6 189 000	7 617 000	8 567 000
Short-Term Group Debt	2 093 000	2 093 000	0	0
Total Long-Term Debt	10 971 000	12 398 000	9 623 000	10 542 000
Creditors	21 000	41 000	49 000	0
Unpaid Taxes	122 000	106 000	109 000	151 000
Dividends	0	1 200 000	2 000 000	0
Other Current Debt	222 000	298 000	280 000	325 000
Total Current Debt	2 459 000	2 538 000	794 000	832 000
Total Equity and Debt	19 382 000	21 125 000	18 034 000	19 941 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,45 %	22,69 %	0 %	13,06 %
Debt-to-Equity Ratio	1,84	2	1,26	1,23
Operating Profit Margin	58,47 %	57,71 %	0 %	54,95 %
Current Ratio	0,86	0,44	1,65	3,07
Quick Ratio	0,86	0,44	1,65	3,07
Equity Ratio	0,31	0,29	0,42	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %