FAVORIT AS

4370 EGERSUND

Finances

Share Ownership

Return on Equity

12,52 %

Current Ratio

2,8

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 946 000	6 387 000	5 883 000	5 036 000
Net Income	91 000	−29 000	211 000	41 000
Total Assets	1 755 000	1 663 000	1 698 000	1 297 000
Total Equity	727 000	636 000	665 000	454 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 946 000	6 387 000	5 883 000	5 036 000
Expenditure	5 812 000	6 399 000	5 606 000	4 968 000
Operating Profit	133 000	−12 000	277 000	67 000
Financial Income	0	0	0	0
Financial Costs	14 000	16 000	20 000	26 000
Financial Balance	−14 000	−16 000	−20 000	−26 000
Earnings Before Tax	120 000	−29 000	256 000	41 000
Tax	29 000	0	45 000	0
Net Income	91 000	−29 000	211 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	212 000	273 000	346 000	10 000
Total Current Assets	1 543 000	1 390 000	1 352 000	1 287 000
Total Assets	1 755 000	1 663 000	1 698 000	1 297 000
Total Retained Equity	177 000	86 000	115 000	−96 000
Total Equity	727 000	636 000	665 000	454 000
Total Long-Term Debt	477 000	136 000	182 000	227 000
Total Current Debt	552 000	890 000	851 000	616 000
Total Equity and Debt	1 755 000	1 663 000	1 698 000	1 297 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 497 000	5 924 000	5 431 000	4 731 000
Other Income	448 000	463 000	452 000	305 000
Revenue	5 946 000	6 387 000	5 883 000	5 036 000
Cost of Goods Sold	3 875 000	4 500 000	4 117 000	3 645 000
Salary Costs	1 154 000	1 273 000	1 047 000	895 000
Depreciation	88 000	79 000	13 000	17 000
Impairment	0	0	0	0
Expenditure	5 812 000	6 399 000	5 606 000	4 968 000
Operating Profit	133 000	−12 000	277 000	67 000
Financial Income	0	0	0	0
Financial Costs	14 000	16 000	20 000	26 000
Financial Balance	−14 000	−16 000	−20 000	−26 000
Dividends	0	0	0	0
Net Income	91 000	−29 000	211 000	41 000

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	162 000	0	0	0
Fixtures	50 000	17 000	21 000	10 000
Total Tangible Assets	212 000	238 000	301 000	10 000
Total Fiancial Fixed Assets	0	34 000	45 000	0
Total Fixed Assets	212 000	273 000	346 000	10 000
Stock	1 062 000	1 017 000	842 000	923 000
Total Investments	0	0	0	0
Cash, Bank	189 000	214 000	351 000	216 000
Total Current Assets	1 543 000	1 390 000	1 352 000	1 287 000
Total Assets	1 755 000	1 663 000	1 698 000	1 297 000
Total Equity	727 000	636 000	665 000	454 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	477 000	136 000	182 000	227 000
Creditors	162 000	298 000	189 000	181 000
Unpaid Taxes	116 000	82 000	69 000	89 000
Dividends	0	0	0	0
Other Current Debt	245 000	510 000	548 000	346 000
Total Current Debt	552 000	890 000	851 000	616 000
Total Equity and Debt	1 755 000	1 663 000	1 698 000	1 297 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,52 %	−4,56 %	31,73 %	9,03 %
Debt-to-Equity Ratio	0,66	0,21	0,27	0,5
Operating Profit Margin	2,24 %	−0,19 %	4,71 %	1,33 %
Current Ratio	2,8	1,56	1,59	2,09
Quick Ratio	−3,03	−10,94	150,22	−4,19
Equity Ratio	0,41	0,38	0,39	0,35
Gross Profit Margin	34,83 %	29,54 %	30,02 %	27,62 %