FÅVANG VARETAXI AS

2634 FÅVANG

Finances

Share Ownership

Return on Equity

18,25 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 409 000	7 820 000	4 448 000	2 426 000
Net Income	231 000	729 000	256 000	170 000
Total Assets	3 026 000	3 360 000	2 247 000	1 092 000
Total Equity	1 266 000	1 185 000	456 000	200 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 409 000	7 820 000	4 448 000	2 426 000
Expenditure	7 050 000	6 841 000	4 093 000	2 195 000
Operating Profit	360 000	979 000	355 000	231 000
Financial Income	1 000	0	0	0
Financial Costs	34 000	45 000	26 000	13 000
Financial Balance	−33 000	−45 000	−26 000	−13 000
Earnings Before Tax	327 000	934 000	329 000	218 000
Tax	96 000	206 000	72 000	48 000
Net Income	231 000	729 000	256 000	170 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	544 000	829 000	657 000	237 000
Total Current Assets	2 482 000	2 531 000	1 590 000	856 000
Total Assets	3 026 000	3 360 000	2 247 000	1 092 000
Total Retained Equity	1 236 000	1 155 000	426 000	170 000
Total Equity	1 266 000	1 185 000	456 000	200 000
Total Long-Term Debt	352 000	690 000	640 000	255 000
Total Current Debt	1 408 000	1 484 000	1 150 000	637 000
Total Equity and Debt	3 026 000	3 360 000	2 247 000	1 092 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 409 000	7 793 000	4 418 000	2 420 000
Other Income	0	26 000	30 000	6 000
Revenue	7 409 000	7 820 000	4 448 000	2 426 000
Cost of Goods Sold	1 744 000	1 795 000	201 000	29 000
Salary Costs	2 858 000	3 164 000	2 672 000	1 409 000
Depreciation	302 000	266 000	100 000	47 000
Impairment	0	0	0	0
Expenditure	7 050 000	6 841 000	4 093 000	2 195 000
Operating Profit	360 000	979 000	355 000	231 000
Financial Income	1 000	0	0	0
Financial Costs	34 000	45 000	26 000	13 000
Financial Balance	−33 000	−45 000	−26 000	−13 000
Dividends	150 000	0	0	0
Net Income	231 000	729 000	256 000	170 000

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	0	0	0	0
Fixtures	544 000	829 000	657 000	237 000
Total Tangible Assets	544 000	829 000	657 000	237 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	544 000	829 000	657 000	237 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 504 000	1 572 000	698 000	476 000
Total Current Assets	2 482 000	2 531 000	1 590 000	856 000
Total Assets	3 026 000	3 360 000	2 247 000	1 092 000
Total Equity	1 266 000	1 185 000	456 000	200 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	352 000	690 000	640 000	255 000
Creditors	297 000	349 000	195 000	151 000
Unpaid Taxes	352 000	395 000	385 000	199 000
Dividends	150 000	0	0	0
Other Current Debt	510 000	517 000	515 000	244 000
Total Current Debt	1 408 000	1 484 000	1 150 000	637 000
Total Equity and Debt	3 026 000	3 360 000	2 247 000	1 092 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,25 %	61,52 %	56,14 %	85 %
Debt-to-Equity Ratio	0,28	0,58	1,4	1,28
Operating Profit Margin	4,86 %	12,52 %	7,98 %	9,52 %
Current Ratio	1,76	1,71	1,38	1,34
Quick Ratio	1,76	1,71	1,38	1,34
Equity Ratio	0,42	0,35	0,2	0,18
Gross Profit Margin	76,46 %	77,05 %	95,48 %	98,8 %