FJOTLAND EIENDOM AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

−22,31 %

Current Ratio

2,81

Debt-to-Equity Ratio

2,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	570 000	1 249 000	1 237 000	318 000
Net Income	−294 000	336 000	340 000	−208 000
Total Assets	5 249 000	5 861 000	6 493 000	8 229 000
Total Equity	1 318 000	1 612 000	1 442 000	1 102 000

Income (NOK)	2022	2021	2020	2019
Revenue	570 000	1 249 000	1 237 000	318 000
Expenditure	706 000	806 000	667 000	403 000
Operating Profit	−137 000	443 000	570 000	−85 000
Financial Income	0	0	0	0
Financial Costs	158 000	143 000	194 000	123 000
Financial Balance	−158 000	−143 000	−194 000	−123 000
Earnings Before Tax	−294 000	300 000	376 000	−208 000
Tax	0	−36 000	36 000	0
Net Income	−294 000	336 000	340 000	−208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 896 000	5 524 000	6 287 000	7 875 000
Total Current Assets	354 000	336 000	206 000	354 000
Total Assets	5 249 000	5 861 000	6 493 000	8 229 000
Total Retained Equity	216 000	510 000	340 000	0
Total Equity	1 318 000	1 612 000	1 442 000	1 102 000
Total Long-Term Debt	3 805 000	3 967 000	4 940 000	6 962 000
Total Current Debt	126 000	282 000	111 000	166 000
Total Equity and Debt	5 249 000	5 861 000	6 493 000	8 229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	441 000	967 000	393 000	16 000
Other Income	129 000	282 000	844 000	301 000
Revenue	570 000	1 249 000	1 237 000	318 000
Cost of Goods Sold	0	0	0	0
Salary Costs	161 000	339 000	214 000	0
Depreciation	93 000	93 000	151 000	140 000
Impairment	0	0	0	0
Expenditure	706 000	806 000	667 000	403 000
Operating Profit	−137 000	443 000	570 000	−85 000
Financial Income	0	0	0	0
Financial Costs	158 000	143 000	194 000	123 000
Financial Balance	−158 000	−143 000	−194 000	−123 000
Dividends	0	0	0	0
Net Income	−294 000	336 000	340 000	−208 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 590 000	5 148 000	5 939 000	7 715 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	305 000	376 000	55 000	0
Total Tangible Assets	4 896 000	5 524 000	5 994 000	7 715 000
Total Fiancial Fixed Assets	0	0	293 000	160 000
Total Fixed Assets	4 896 000	5 524 000	6 287 000	7 875 000
Stock	4 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	349 000	240 000	36 000	47 000
Total Current Assets	354 000	336 000	206 000	354 000
Total Assets	5 249 000	5 861 000	6 493 000	8 229 000
Total Equity	1 318 000	1 612 000	1 442 000	1 102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 805 000	3 967 000	4 940 000	6 962 000
Creditors	1 000	8 000	22 000	78 000
Unpaid Taxes	84 000	184 000	41 000	0
Dividends	0	0	0	0
Other Current Debt	40 000	89 000	48 000	87 000
Total Current Debt	126 000	282 000	111 000	166 000
Total Equity and Debt	5 249 000	5 861 000	6 493 000	8 229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,31 %	20,84 %	23,58 %	−18,87 %
Debt-to-Equity Ratio	2,89	2,46	3,43	6,32
Operating Profit Margin	−24,04 %	35,47 %	46,08 %	−26,73 %
Current Ratio	2,81	1,19	1,86	2,13
Quick Ratio	2,9	1,19	1,86	2,13
Equity Ratio	0,25	0,28	0,22	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %