FORSMO EIENDOM AS

8613 MO I RANA

Finances

Share Ownership

Return on Equity

14,82 %

Current Ratio

0,78

Debt-to-Equity Ratio

1,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	952 000	971 000	869 000	750 000
Net Income	363 000	381 000	399 000	351 000
Total Assets	6 120 000	6 418 000	6 425 000	4 169 000
Total Equity	2 449 000	2 086 000	1 706 000	1 306 000

Income (NOK)	2022	2021	2020	2019
Revenue	952 000	971 000	869 000	750 000
Expenditure	349 000	396 000	276 000	237 000
Operating Profit	603 000	576 000	593 000	513 000
Financial Income	0	0	0	0
Financial Costs	120 000	88 000	82 000	63 000
Financial Balance	−120 000	−88 000	−82 000	−63 000
Earnings Before Tax	483 000	488 000	512 000	450 000
Tax	120 000	107 000	113 000	99 000
Net Income	363 000	381 000	399 000	351 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 281 000	5 475 000	5 418 000	3 099 000
Total Current Assets	838 000	943 000	1 006 000	1 070 000
Total Assets	6 120 000	6 418 000	6 425 000	4 169 000
Total Retained Equity	2 333 000	1 970 000	1 590 000	1 190 000
Total Equity	2 449 000	2 086 000	1 706 000	1 306 000
Total Long-Term Debt	2 596 000	2 856 000	3 127 000	1 342 000
Total Current Debt	1 074 000	1 476 000	1 592 000	1 521 000
Total Equity and Debt	6 120 000	6 418 000	6 425 000	4 169 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 000	71 000	0	0
Other Income	900 000	900 000	869 000	750 000
Revenue	952 000	971 000	869 000	750 000
Cost of Goods Sold	0	0	0	30 000
Salary Costs	0	0	0	0
Depreciation	193 000	207 000	134 000	72 000
Impairment	0	0	0	0
Expenditure	349 000	396 000	276 000	237 000
Operating Profit	603 000	576 000	593 000	513 000
Financial Income	0	0	0	0
Financial Costs	120 000	88 000	82 000	63 000
Financial Balance	−120 000	−88 000	−82 000	−63 000
Dividends	0	0	0	0
Net Income	363 000	381 000	399 000	351 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 021 000	5 134 000	5 248 000	2 899 000
Machinery and Plant Facilities	255 000	213 000	16 000	55 000
Fixtures	5 000	127 000	154 000	144 000
Total Tangible Assets	5 281 000	5 475 000	5 418 000	3 099 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 281 000	5 475 000	5 418 000	3 099 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	634 000	854 000	945 000	1 056 000
Total Current Assets	838 000	943 000	1 006 000	1 070 000
Total Assets	6 120 000	6 418 000	6 425 000	4 169 000
Total Equity	2 449 000	2 086 000	1 706 000	1 306 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 596 000	2 856 000	3 127 000	1 342 000
Creditors	3 000	5 000	5 000	1 000
Unpaid Taxes	26 000	26 000	47 000	21 000
Dividends	0	0	0	0
Other Current Debt	925 000	1 325 000	1 421 000	1 396 000
Total Current Debt	1 074 000	1 476 000	1 592 000	1 521 000
Total Equity and Debt	6 120 000	6 418 000	6 425 000	4 169 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,82 %	18,26 %	23,39 %	26,88 %
Debt-to-Equity Ratio	1,06	1,37	1,83	1,03
Operating Profit Margin	63,34 %	59,32 %	68,24 %	68,4 %
Current Ratio	0,78	0,64	0,63	0,7
Quick Ratio	0,78	0,64	0,63	0,7
Equity Ratio	0,4	0,33	0,27	0,31
Gross Profit Margin	100 %	100 %	100 %	96 %