FAST EIENDOMSUTVIKLING AS

4055 SOLA

Finances

Return on Equity

0,5 %

Current Ratio

34,35

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	22 963 000	17 350 000	9 400 000
Net Income	37 000	3 326 000	1 365 000	651 000
Total Assets	11 113 000	8 465 000	11 747 000	19 233 000
Total Equity	7 348 000	7 511 000	4 185 000	2 820 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	22 963 000	17 350 000	9 400 000
Expenditure	201 000	18 553 000	15 302 000	8 087 000
Operating Profit	−201 000	4 410 000	2 047 000	1 314 000
Financial Income	317 000	57 000	5 000	3 000
Financial Costs	63 000	202 000	302 000	481 000
Financial Balance	254 000	−145 000	−297 000	−478 000
Earnings Before Tax	53 000	4 264 000	1 750 000	835 000
Tax	16 000	938 000	385 000	184 000
Net Income	37 000	3 326 000	1 365 000	651 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 010 000	2 010 000	2 010 000	1 485 000
Total Current Assets	9 103 000	6 455 000	9 737 000	17 748 000
Total Assets	11 113 000	8 465 000	11 747 000	19 233 000
Total Retained Equity	7 318 000	7 481 000	4 155 000	2 790 000
Total Equity	7 348 000	7 511 000	4 185 000	2 820 000
Total Long-Term Debt	3 500 000	0	5 800 000	10 800 000
Total Current Debt	265 000	954 000	1 762 000	5 613 000
Total Equity and Debt	11 113 000	8 465 000	11 747 000	19 233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	22 963 000	17 350 000	9 400 000
Other Income	0	0	0	0
Revenue	0	22 963 000	17 350 000	9 400 000
Cost of Goods Sold	0	18 181 000	14 756 000	7 504 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	201 000	18 553 000	15 302 000	8 087 000
Operating Profit	−201 000	4 410 000	2 047 000	1 314 000
Financial Income	317 000	57 000	5 000	3 000
Financial Costs	63 000	202 000	302 000	481 000
Financial Balance	254 000	−145 000	−297 000	−478 000
Dividends	200 000	0	0	0
Net Income	37 000	3 326 000	1 365 000	651 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 010 000	2 010 000	2 010 000	1 485 000
Total Fixed Assets	2 010 000	2 010 000	2 010 000	1 485 000
Stock	6 777 000	0	9 705 000	17 671 000
Total Investments	0	0	0	0
Cash, Bank	2 326 000	3 747 000	32 000	76 000
Total Current Assets	9 103 000	6 455 000	9 737 000	17 748 000
Total Assets	11 113 000	8 465 000	11 747 000	19 233 000
Total Equity	7 348 000	7 511 000	4 185 000	2 820 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 500 000	0	5 800 000	10 800 000
Creditors	27 000	16 000	1 302 000	78 000
Unpaid Taxes	0	0	0	0
Dividends	200 000	0	0	0
Other Current Debt	22 000	0	75 000	30 000
Total Current Debt	265 000	954 000	1 762 000	5 613 000
Total Equity and Debt	11 113 000	8 465 000	11 747 000	19 233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,5 %	44,28 %	32,62 %	23,09 %
Debt-to-Equity Ratio	0,48	0	1,39	3,83
Operating Profit Margin	-	19,2 %	11,8 %	13,98 %
Current Ratio	34,35	6,77	5,53	3,16
Quick Ratio	−1,4	6,77	−1,23	−1,47
Equity Ratio	0,66	0,89	0,36	0,15
Gross Profit Margin	-	20,82 %	14,95 %	20,17 %