FAGERNES UTVIKLING AS

2900 FAGERNES

Finances

Share Ownership

Return on Equity

9,89 %

Current Ratio

7,49

Debt-to-Equity Ratio

3,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	484 000	480 000	493 000	509 000
Net Income	146 000	83 000	162 000	185 000
Total Assets	7 019 000	6 818 000	6 681 000	6 088 000
Total Equity	1 476 000	1 330 000	1 247 000	1 085 000

Income (NOK)	2022	2021	2020	2019
Revenue	484 000	480 000	493 000	509 000
Expenditure	258 000	333 000	240 000	222 000
Operating Profit	226 000	147 000	253 000	286 000
Financial Income	0	0	2 000	2 000
Financial Costs	39 000	41 000	47 000	51 000
Financial Balance	−39 000	−41 000	−45 000	−49 000
Earnings Before Tax	188 000	106 000	207 000	237 000
Tax	41 000	23 000	46 000	52 000
Net Income	146 000	83 000	162 000	185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 375 000	6 040 000	6 017 000	5 457 000
Total Current Assets	644 000	778 000	664 000	631 000
Total Assets	7 019 000	6 818 000	6 681 000	6 088 000
Total Retained Equity	1 376 000	1 230 000	1 147 000	985 000
Total Equity	1 476 000	1 330 000	1 247 000	1 085 000
Total Long-Term Debt	5 458 000	5 299 000	5 367 000	4 129 000
Total Current Debt	86 000	189 000	67 000	874 000
Total Equity and Debt	7 019 000	6 818 000	6 681 000	6 088 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	5 000	33 000
Other Income	484 000	480 000	488 000	476 000
Revenue	484 000	480 000	493 000	509 000
Cost of Goods Sold	3 000	8 000	5 000	33 000
Salary Costs	0	0	0	0
Depreciation	180 000	178 000	166 000	143 000
Impairment	0	0	0	0
Expenditure	258 000	333 000	240 000	222 000
Operating Profit	226 000	147 000	253 000	286 000
Financial Income	0	0	2 000	2 000
Financial Costs	39 000	41 000	47 000	51 000
Financial Balance	−39 000	−41 000	−45 000	−49 000
Dividends	0	0	0	0
Net Income	146 000	83 000	162 000	185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 375 000	6 040 000	6 017 000	5 457 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 375 000	6 040 000	6 017 000	5 457 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 375 000	6 040 000	6 017 000	5 457 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	481 000	164 000	131 000	507 000
Total Current Assets	644 000	778 000	664 000	631 000
Total Assets	7 019 000	6 818 000	6 681 000	6 088 000
Total Equity	1 476 000	1 330 000	1 247 000	1 085 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 458 000	5 299 000	5 367 000	4 129 000
Creditors	51 000	56 000	4 000	25 000
Unpaid Taxes	0	0	21 000	0
Dividends	0	0	0	0
Other Current Debt	0	116 000	9 000	811 000
Total Current Debt	86 000	189 000	67 000	874 000
Total Equity and Debt	7 019 000	6 818 000	6 681 000	6 088 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,89 %	6,24 %	12,99 %	17,05 %
Debt-to-Equity Ratio	3,7	3,98	4,3	3,81
Operating Profit Margin	46,69 %	30,63 %	51,32 %	56,19 %
Current Ratio	7,49	4,12	9,91	0,72
Quick Ratio	7,49	4,12	9,91	0,72
Equity Ratio	0,21	0,2	0,19	0,18
Gross Profit Margin	99,38 %	98,33 %	98,99 %	93,52 %