FESTNINGSAVENYEN 115 AS

1613 FREDRIKSTAD

Finances

Return on Equity

−8,78 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	528 000	0	576 000	1 041 000
Net Income	−314 000	6 000	1 090 000	1 151 000
Total Assets	3 677 000	3 894 000	4 008 000	3 013 000
Total Equity	3 578 000	3 892 000	3 886 000	2 126 000

Income (NOK)	2022	2021	2020	2019
Revenue	528 000	0	576 000	1 041 000
Expenditure	37 000	16 000	19 000	13 000
Operating Profit	491 000	−16 000	557 000	1 027 000
Financial Income	20 000	22 000	649 000	342 000
Financial Costs	727 000	0	0	0
Financial Balance	−707 000	22 000	649 000	342 000
Earnings Before Tax	−215 000	6 000	1 206 000	1 369 000
Tax	99 000	0	116 000	217 000
Net Income	−314 000	6 000	1 090 000	1 151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 479 000	3 881 000	3 971 000	2 902 000
Total Current Assets	197 000	12 000	37 000	111 000
Total Assets	3 677 000	3 894 000	4 008 000	3 013 000
Total Retained Equity	2 878 000	3 192 000	3 186 000	2 096 000
Total Equity	3 578 000	3 892 000	3 886 000	2 126 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	99 000	2 000	122 000	887 000
Total Equity and Debt	3 677 000	3 894 000	4 008 000	3 013 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	528 000	0	576 000	1 041 000
Other Income	0	0	0	0
Revenue	528 000	0	576 000	1 041 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	37 000	16 000	19 000	13 000
Operating Profit	491 000	−16 000	557 000	1 027 000
Financial Income	20 000	22 000	649 000	342 000
Financial Costs	727 000	0	0	0
Financial Balance	−707 000	22 000	649 000	342 000
Dividends	0	0	0	0
Net Income	−314 000	6 000	1 090 000	1 151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 017 000	1 017 000	1 017 000	1 017 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 017 000	1 017 000	1 017 000	1 017 000
Total Fiancial Fixed Assets	2 463 000	2 865 000	2 954 000	1 886 000
Total Fixed Assets	3 479 000	3 881 000	3 971 000	2 902 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	197 000	12 000	37 000	33 000
Total Current Assets	197 000	12 000	37 000	111 000
Total Assets	3 677 000	3 894 000	4 008 000	3 013 000
Total Equity	3 578 000	3 892 000	3 886 000	2 126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	6 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	2 000	0	670 000
Total Current Debt	99 000	2 000	122 000	887 000
Total Equity and Debt	3 677 000	3 894 000	4 008 000	3 013 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,78 %	0,15 %	28,05 %	54,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	92,99 %	-	96,7 %	98,66 %
Current Ratio	1,99	6	0,3	0,13
Quick Ratio	1,99	6	0,3	0,13
Equity Ratio	0,97	1	0,97	0,71
Gross Profit Margin	100 %	-	100 %	100 %