FLESLAND UTVIKLING AS

5258 BLOMSTERDALEN

Finances

Return on Equity

269,14 %

Current Ratio

Debt-to-Equity Ratio

−8,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	979 000	931 000	1 178 000	1 712 000
Net Income	−15 430 000	−1 470 000	−1 258 000	−639 000
Total Assets	44 109 000	57 613 000	57 871 000	58 573 000
Total Equity	−5 733 000	9 697 000	11 167 000	12 425 000

Income (NOK)	2022	2021	2020	2019
Revenue	979 000	931 000	1 178 000	1 712 000
Expenditure	13 854 000	595 000	464 000	287 000
Operating Profit	−12 875 000	336 000	714 000	1 426 000
Financial Income	9 000	3 000	9 000	10 000
Financial Costs	2 564 000	1 809 000	1 981 000	2 074 000
Financial Balance	−2 555 000	−1 806 000	−1 972 000	−2 064 000
Earnings Before Tax	−15 430 000	−1 470 000	−1 258 000	−639 000
Tax	0	0	0	0
Net Income	−15 430 000	−1 470 000	−1 258 000	−639 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 812 000	57 216 000	57 333 000	57 324 000
Total Current Assets	297 000	397 000	538 000	1 249 000
Total Assets	44 109 000	57 613 000	57 871 000	58 573 000
Total Retained Equity	−6 833 000	−7 970 000	−6 500 000	−5 242 000
Total Equity	−5 733 000	9 697 000	11 167 000	12 425 000
Total Long-Term Debt	49 840 000	21 846 000	19 816 000	45 803 000
Total Current Debt	3 000	26 070 000	26 888 000	345 000
Total Equity and Debt	44 109 000	57 613 000	57 871 000	58 573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	979 000	931 000	1 178 000	1 712 000
Revenue	979 000	931 000	1 178 000	1 712 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	13 409 000	0	0	0
Expenditure	13 854 000	595 000	464 000	287 000
Operating Profit	−12 875 000	336 000	714 000	1 426 000
Financial Income	9 000	3 000	9 000	10 000
Financial Costs	2 564 000	1 809 000	1 981 000	2 074 000
Financial Balance	−2 555 000	−1 806 000	−1 972 000	−2 064 000
Dividends	0	0	0	0
Net Income	−15 430 000	−1 470 000	−1 258 000	−639 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	36 805 000	50 214 000	50 214 000	50 214 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	36 805 000	50 214 000	50 214 000	50 214 000
Total Fiancial Fixed Assets	7 008 000	7 002 000	7 120 000	7 110 000
Total Fixed Assets	43 812 000	57 216 000	57 333 000	57 324 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	297 000	338 000	484 000	946 000
Total Current Assets	297 000	397 000	538 000	1 249 000
Total Assets	44 109 000	57 613 000	57 871 000	58 573 000
Total Equity	−5 733 000	9 697 000	11 167 000	12 425 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	49 840 000	21 846 000	19 816 000	45 803 000
Creditors	3 000	62 000	107 000	68 000
Unpaid Taxes	0	47 000	11 000	90 000
Dividends	0	0	0	0
Other Current Debt	0	45 000	105 000	187 000
Total Current Debt	3 000	26 070 000	26 888 000	345 000
Total Equity and Debt	44 109 000	57 613 000	57 871 000	58 573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	269,14 %	−15,16 %	−11,27 %	−5,14 %
Debt-to-Equity Ratio	−8,69	2,25	1,77	3,69
Operating Profit Margin	−1 315,12 %	36,09 %	60,61 %	83,29 %
Current Ratio	99	0,02	0,02	3,62
Quick Ratio	99	0,02	0,02	3,62
Equity Ratio	−0,13	0,17	0,19	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %