FINE PROPERTIES AS

6002 ÅLESUND

Finances

Return on Equity

35,73 %

Current Ratio

2,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 313 000	183 000	576 000	717 000
Net Income	2 352 000	−324 000	8 447 000	5 754 000
Total Assets	10 165 000	18 356 000	19 072 000	32 487 000
Total Equity	6 583 000	7 232 000	10 556 000	15 109 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 313 000	183 000	576 000	717 000
Expenditure	236 000	299 000	1 151 000	749 000
Operating Profit	3 078 000	−116 000	−576 000	−31 000
Financial Income	467 000	395 000	18 398 000	6 339 000
Financial Costs	146 000	603 000	9 376 000	554 000
Financial Balance	321 000	−208 000	9 022 000	5 785 000
Earnings Before Tax	3 399 000	−324 000	8 447 000	5 754 000
Tax	1 048 000	0	0	0
Net Income	2 352 000	−324 000	8 447 000	5 754 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 069 000	13 484 000	13 522 000	32 152 000
Total Current Assets	9 095 000	4 872 000	5 550 000	334 000
Total Assets	10 165 000	18 356 000	19 072 000	32 487 000
Total Retained Equity	6 553 000	7 202 000	10 526 000	15 079 000
Total Equity	6 583 000	7 232 000	10 556 000	15 109 000
Total Long-Term Debt	0	8 112 000	8 504 000	17 378 000
Total Current Debt	3 581 000	3 012 000	13 000	0
Total Equity and Debt	10 165 000	18 356 000	19 072 000	32 487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 313 000	183 000	576 000	717 000
Revenue	3 313 000	183 000	576 000	717 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	13 000	38 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	236 000	299 000	1 151 000	749 000
Operating Profit	3 078 000	−116 000	−576 000	−31 000
Financial Income	467 000	395 000	18 398 000	6 339 000
Financial Costs	146 000	603 000	9 376 000	554 000
Financial Balance	321 000	−208 000	9 022 000	5 785 000
Dividends	3 000 000	3 000 000	0	0
Net Income	2 352 000	−324 000	8 447 000	5 754 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	12 402 000	12 402 000	12 402 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	13 000	51 000	89 000
Total Tangible Assets	0	12 415 000	12 453 000	12 491 000
Total Fiancial Fixed Assets	1 069 000	1 069 000	1 069 000	19 661 000
Total Fixed Assets	1 069 000	13 484 000	13 522 000	32 152 000
Stock	0	0	0	0
Total Investments	6 264 000	0	0	0
Cash, Bank	2 831 000	1 841 000	5 520 000	304 000
Total Current Assets	9 095 000	4 872 000	5 550 000	334 000
Total Assets	10 165 000	18 356 000	19 072 000	32 487 000
Total Equity	6 583 000	7 232 000	10 556 000	15 109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	8 112 000	8 504 000	17 378 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	3 000 000	3 000 000	0	0
Other Current Debt	0	12 000	13 000	0
Total Current Debt	3 581 000	3 012 000	13 000	0
Total Equity and Debt	10 165 000	18 356 000	19 072 000	32 487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,73 %	−4,48 %	80,02 %	38,08 %
Debt-to-Equity Ratio	0	1,12	0,81	1,15
Operating Profit Margin	92,91 %	−63,39 %	−100 %	−4,32 %
Current Ratio	2,54	1,62	426,92	-
Quick Ratio	2,54	1,62	426,92	-
Equity Ratio	0,65	0,39	0,55	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %