FESTNINGSBYEN AS

1632 GAMLE FREDRIKSTAD

Finances

Return on Equity

21,11 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	275 000	165 000	42 000	197 000
Net Income	19 000	17 000	2 000	−7 000
Total Assets	210 000	103 000	83 000	110 000
Total Equity	90 000	81 000	75 000	73 000

Income (NOK)	2022	2021	2020	2019
Revenue	275 000	165 000	42 000	197 000
Expenditure	242 000	148 000	40 000	205 000
Operating Profit	32 000	17 000	2 000	−8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	32 000	17 000	2 000	−8 000
Tax	13 000	0	0	−1 000
Net Income	19 000	17 000	2 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	24 000	24 000	24 000
Total Current Assets	187 000	79 000	59 000	86 000
Total Assets	210 000	103 000	83 000	110 000
Total Retained Equity	−26 000	−35 000	−41 000	−43 000
Total Equity	90 000	81 000	75 000	73 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	120 000	22 000	8 000	36 000
Total Equity and Debt	210 000	103 000	83 000	110 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 000	74 000	19 000	23 000
Other Income	238 000	90 000	24 000	174 000
Revenue	275 000	165 000	42 000	197 000
Cost of Goods Sold	29 000	20 000	8 000	25 000
Salary Costs	7 000	2 000	0	2 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	242 000	148 000	40 000	205 000
Operating Profit	32 000	17 000	2 000	−8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	10 000	10 000	0	0
Net Income	19 000	17 000	2 000	−7 000

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	24 000	24 000	24 000	24 000
Total Fixed Assets	24 000	24 000	24 000	24 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	114 000	57 000	53 000	16 000
Total Current Assets	187 000	79 000	59 000	86 000
Total Assets	210 000	103 000	83 000	110 000
Total Equity	90 000	81 000	75 000	73 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	89 000	6 000	5 000	36 000
Unpaid Taxes	0	4 000	1 000	−1 000
Dividends	10 000	10 000	0	0
Other Current Debt	0	0	0	0
Total Current Debt	120 000	22 000	8 000	36 000
Total Equity and Debt	210 000	103 000	83 000	110 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,11 %	20,99 %	2,67 %	−9,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,64 %	10,3 %	4,76 %	−4,06 %
Current Ratio	1,56	3,59	7,38	2,39
Quick Ratio	1,56	3,59	7,38	2,39
Equity Ratio	0,43	0,79	0,9	0,66
Gross Profit Margin	89,45 %	87,88 %	80,95 %	87,31 %