FORTIN PROPERTIES AS

0585 OSLO

Finances

Share Ownership

Return on Equity

1,23 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	214 000	207 000	203 000	200 000
Net Income	141 000	147 000	128 000	103 000
Total Assets	11 511 000	11 514 000	11 507 000	11 475 000
Total Equity	11 466 000	11 326 000	11 326 000	11 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	214 000	207 000	203 000	200 000
Expenditure	31 000	20 000	38 000	64 000
Operating Profit	183 000	187 000	166 000	136 000
Financial Income	5 000	3 000	1 000	1 000
Financial Costs	7 000	1 000	3 000	5 000
Financial Balance	−2 000	2 000	−2 000	−4 000
Earnings Before Tax	180 000	189 000	164 000	132 000
Tax	40 000	42 000	36 000	29 000
Net Income	141 000	147 000	128 000	103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 467 000	11 467 000	11 467 000	11 467 000
Total Current Assets	44 000	48 000	40 000	8 000
Total Assets	11 511 000	11 514 000	11 507 000	11 475 000
Total Retained Equity	303 000	163 000	163 000	163 000
Total Equity	11 466 000	11 326 000	11 326 000	11 326 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	45 000	189 000	181 000	149 000
Total Equity and Debt	11 511 000	11 514 000	11 507 000	11 475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	214 000	207 000	203 000	200 000
Revenue	214 000	207 000	203 000	200 000
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	31 000	20 000	38 000	64 000
Operating Profit	183 000	187 000	166 000	136 000
Financial Income	5 000	3 000	1 000	1 000
Financial Costs	7 000	1 000	3 000	5 000
Financial Balance	−2 000	2 000	−2 000	−4 000
Dividends	0	0	0	0
Net Income	141 000	147 000	128 000	103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 467 000	11 467 000	11 467 000	11 467 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 467 000	11 467 000	11 467 000	11 467 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 467 000	11 467 000	11 467 000	11 467 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 000	48 000	40 000	8 000
Total Current Assets	44 000	48 000	40 000	8 000
Total Assets	11 511 000	11 514 000	11 507 000	11 475 000
Total Equity	11 466 000	11 326 000	11 326 000	11 326 000
Short-Term Group Debt	0	189 000	164 000	132 000
Total Long-Term Debt	0	0	0	0
Creditors	5 000	0	17 000	17 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	45 000	189 000	181 000	149 000
Total Equity and Debt	11 511 000	11 514 000	11 507 000	11 475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,23 %	1,3 %	1,13 %	0,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	85,51 %	90,34 %	81,77 %	68 %
Current Ratio	0,98	0,25	0,22	0,05
Quick Ratio	0,98	0,25	0,22	0,05
Equity Ratio	1	0,98	0,98	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %