FESTNINGSGATA 40 NÆRING AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

10,87 %

Current Ratio

2,1

Debt-to-Equity Ratio

13,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 988 000	3 076 000	494 000	647 000
Net Income	284 000	−250 000	−742 000	−23 000
Total Assets	42 137 000	45 532 000	65 085 000	5 076 000
Total Equity	2 612 000	2 727 000	2 764 000	1 658 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 988 000	3 076 000	494 000	647 000
Expenditure	2 278 000	2 066 000	774 000	677 000
Operating Profit	1 709 000	1 009 000	−280 000	−29 000
Financial Income	0	0	0	0
Financial Costs	1 345 000	1 330 000	671 000	0
Financial Balance	−1 345 000	−1 330 000	−671 000	0
Earnings Before Tax	364 000	−321 000	−951 000	−29 000
Tax	80 000	−71 000	−209 000	−6 000
Net Income	284 000	−250 000	−742 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 083 000	35 459 000	36 836 000	4 701 000
Total Current Assets	8 054 000	10 073 000	28 249 000	375 000
Total Assets	42 137 000	45 532 000	65 085 000	5 076 000
Total Retained Equity	347 000	462 000	713 000	1 454 000
Total Equity	2 612 000	2 727 000	2 764 000	1 658 000
Total Long-Term Debt	35 688 000	37 721 000	501 000	189 000
Total Current Debt	3 838 000	5 084 000	61 820 000	3 229 000
Total Equity and Debt	42 137 000	45 532 000	65 085 000	5 076 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 988 000	3 076 000	494 000	647 000
Revenue	3 988 000	3 076 000	494 000	647 000
Cost of Goods Sold	0	0	0	279 000
Salary Costs	0	0	0	0
Depreciation	1 376 000	1 376 000	0	0
Impairment	0	0	0	0
Expenditure	2 278 000	2 066 000	774 000	677 000
Operating Profit	1 709 000	1 009 000	−280 000	−29 000
Financial Income	0	0	0	0
Financial Costs	1 345 000	1 330 000	671 000	0
Financial Balance	−1 345 000	−1 330 000	−671 000	0
Dividends	0	0	0	0
Net Income	284 000	−250 000	−742 000	−23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	34 083 000	35 459 000	36 836 000	4 701 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	34 083 000	35 459 000	36 836 000	4 701 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 083 000	35 459 000	36 836 000	4 701 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	43 000	1 180 000	332 000	185 000
Total Current Assets	8 054 000	10 073 000	28 249 000	375 000
Total Assets	42 137 000	45 532 000	65 085 000	5 076 000
Total Equity	2 612 000	2 727 000	2 764 000	1 658 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 688 000	37 721 000	501 000	189 000
Creditors	140 000	85 000	61 000	80 000
Unpaid Taxes	0	0	7 000	0
Dividends	0	0	0	0
Other Current Debt	3 698 000	4 999 000	12 688 000	3 149 000
Total Current Debt	3 838 000	5 084 000	61 820 000	3 229 000
Total Equity and Debt	42 137 000	45 532 000	65 085 000	5 076 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,87 %	−9,17 %	−26,85 %	−1,39 %
Debt-to-Equity Ratio	13,66	13,83	0,18	0,11
Operating Profit Margin	42,85 %	32,8 %	−56,68 %	−4,48 %
Current Ratio	2,1	1,98	0,46	0,12
Quick Ratio	2,1	1,98	0,46	0,12
Equity Ratio	0,06	0,06	0,04	0,33
Gross Profit Margin	100 %	100 %	100 %	56,88 %