FAGERNESVEIEN 1 AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

30,73 %

Current Ratio

7,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 410 000	2 065 000	2 027 000	2 005 000
Net Income	1 532 000	1 419 000	1 328 000	1 255 000
Total Assets	5 550 000	6 166 000	4 090 000	2 743 000
Total Equity	4 986 000	3 454 000	3 635 000	2 307 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 410 000	2 065 000	2 027 000	2 005 000
Expenditure	465 000	248 000	332 000	442 000
Operating Profit	1 945 000	1 816 000	1 695 000	1 563 000
Financial Income	19 000	2 000	8 000	46 000
Financial Costs	0	0	0	0
Financial Balance	19 000	2 000	8 000	46 000
Earnings Before Tax	1 964 000	1 819 000	1 703 000	1 609 000
Tax	432 000	400 000	375 000	354 000
Net Income	1 532 000	1 419 000	1 328 000	1 255 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 233 000	1 264 000	689 000	695 000
Total Current Assets	4 317 000	4 902 000	3 401 000	2 048 000
Total Assets	5 550 000	6 166 000	4 090 000	2 743 000
Total Retained Equity	4 956 000	3 424 000	3 605 000	2 277 000
Total Equity	4 986 000	3 454 000	3 635 000	2 307 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	565 000	2 713 000	455 000	436 000
Total Equity and Debt	5 550 000	6 166 000	4 090 000	2 743 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 410 000	2 065 000	2 027 000	2 005 000
Revenue	2 410 000	2 065 000	2 027 000	2 005 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	24 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	465 000	248 000	332 000	442 000
Operating Profit	1 945 000	1 816 000	1 695 000	1 563 000
Financial Income	19 000	2 000	8 000	46 000
Financial Costs	0	0	0	0
Financial Balance	19 000	2 000	8 000	46 000
Dividends	0	1 600 000	0	0
Net Income	1 532 000	1 419 000	1 328 000	1 255 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	82 000	89 000	102 000	108 000
Real Eastate	1 151 000	1 175 000	587 000	587 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 151 000	1 175 000	587 000	587 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 233 000	1 264 000	689 000	695 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 295 000	4 854 000	3 393 000	2 040 000
Total Current Assets	4 317 000	4 902 000	3 401 000	2 048 000
Total Assets	5 550 000	6 166 000	4 090 000	2 743 000
Total Equity	4 986 000	3 454 000	3 635 000	2 307 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	108 000	593 000	4 000	33 000
Unpaid Taxes	31 000	0	83 000	50 000
Dividends	0	1 600 000	0	0
Other Current Debt	0	132 000	0	6 000
Total Current Debt	565 000	2 713 000	455 000	436 000
Total Equity and Debt	5 550 000	6 166 000	4 090 000	2 743 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,73 %	41,08 %	36,53 %	54,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	80,71 %	87,94 %	83,62 %	77,96 %
Current Ratio	7,64	1,81	7,47	4,7
Quick Ratio	7,64	1,81	7,47	4,7
Equity Ratio	0,9	0,56	0,89	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %