FERRARI AS

2836 BIRI

Finances

Share Ownership

Return on Equity

70,62 %

Current Ratio

0,37

Debt-to-Equity Ratio

−3,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 004 000	0	3 500 000	5 071 000
Net Income	−894 000	−1 462 000	−356 000	−336 000
Total Assets	27 838 000	13 584 000	17 368 000	7 488 000
Total Equity	−1 266 000	−1 080 000	382 000	−316 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 004 000	0	3 500 000	5 071 000
Expenditure	17 424 000	1 407 000	3 657 000	5 097 000
Operating Profit	−419 000	−1 407 000	−156 000	−26 000
Financial Income	139 000	212 000	0	0
Financial Costs	813 000	341 000	300 000	405 000
Financial Balance	−674 000	−129 000	−300 000	−405 000
Earnings Before Tax	−1 093 000	−1 536 000	−456 000	−431 000
Tax	−199 000	−74 000	−100 000	−95 000
Net Income	−894 000	−1 462 000	−356 000	−336 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 960 000	11 898 000	15 889 000	6 644 000
Total Current Assets	8 878 000	1 687 000	1 479 000	845 000
Total Assets	27 838 000	13 584 000	17 368 000	7 488 000
Total Retained Equity	−1 296 000	−1 110 000	−692 000	−336 000
Total Equity	−1 266 000	−1 080 000	382 000	−316 000
Total Long-Term Debt	4 790 000	3 191 000	3 347 000	830 000
Total Current Debt	24 314 000	11 473 000	13 639 000	6 974 000
Total Equity and Debt	27 838 000	13 584 000	17 368 000	7 488 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 745 000	0	3 500 000	4 735 000
Other Income	259 000	0	0	336 000
Revenue	17 004 000	0	3 500 000	5 071 000
Cost of Goods Sold	16 335 000	40 000	3 507 000	4 982 000
Salary Costs	0	0	0	0
Depreciation	131 000	151 000	0	0
Impairment	0	0	0	0
Expenditure	17 424 000	1 407 000	3 657 000	5 097 000
Operating Profit	−419 000	−1 407 000	−156 000	−26 000
Financial Income	139 000	212 000	0	0
Financial Costs	813 000	341 000	300 000	405 000
Financial Balance	−674 000	−129 000	−300 000	−405 000
Dividends	0	0	0	0
Net Income	−894 000	−1 462 000	−356 000	−336 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	97 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 960 000	11 898 000	15 889 000	6 546 000
Total Tangible Assets	18 960 000	11 898 000	15 889 000	6 546 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 960 000	11 898 000	15 889 000	6 644 000
Stock	7 450 000	786 000	0	0
Total Investments	0	0	0	0
Cash, Bank	14 000	0	0	0
Total Current Assets	8 878 000	1 687 000	1 479 000	845 000
Total Assets	27 838 000	13 584 000	17 368 000	7 488 000
Total Equity	−1 266 000	−1 080 000	382 000	−316 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 790 000	3 191 000	3 347 000	830 000
Creditors	100 000	101 000	134 000	75 000
Unpaid Taxes	0	−2 000	0	0
Dividends	0	0	0	0
Other Current Debt	24 215 000	11 373 000	13 481 000	6 899 000
Total Current Debt	24 314 000	11 473 000	13 639 000	6 974 000
Total Equity and Debt	27 838 000	13 584 000	17 368 000	7 488 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,62 %	135,37 %	−93,19 %	106,33 %
Debt-to-Equity Ratio	−3,78	−2,95	8,76	−2,63
Operating Profit Margin	−2,46 %	-	−4,46 %	−0,51 %
Current Ratio	0,37	0,15	0,11	0,12
Quick Ratio	0,53	0,16	0,11	0,12
Equity Ratio	−0,05	−0,08	0,02	−0,04
Gross Profit Margin	3,93 %	-	−0,2 %	1,76 %