FAALE AS

1606 FREDRIKSTAD

Finances

Return on Equity

18,13 %

Current Ratio

0,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 053 000	997 000	1 591 000	660 000
Net Income	318 000	143 000	−539 000	524 000
Total Assets	7 068 000	5 211 000	3 992 000	2 149 000
Total Equity	1 754 000	1 436 000	1 293 000	1 833 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 053 000	997 000	1 591 000	660 000
Expenditure	1 837 000	895 000	2 455 000	0
Operating Profit	216 000	102 000	−864 000	660 000
Financial Income	164 000	73 000	140 000	13 000
Financial Costs	2 000	0	1 000	1 000
Financial Balance	162 000	73 000	139 000	12 000
Earnings Before Tax	379 000	175 000	−725 000	672 000
Tax	61 000	32 000	−186 000	148 000
Net Income	318 000	143 000	−539 000	524 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 024 000	785 000	746 000	1 677 000
Total Current Assets	5 043 000	4 426 000	3 246 000	472 000
Total Assets	7 068 000	5 211 000	3 992 000	2 149 000
Total Retained Equity	1 651 000	1 332 000	1 190 000	1 729 000
Total Equity	1 754 000	1 436 000	1 293 000	1 833 000
Total Long-Term Debt	0	0	0	3 000
Total Current Debt	5 313 000	3 775 000	2 699 000	314 000
Total Equity and Debt	7 068 000	5 211 000	3 992 000	2 149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 053 000	997 000	1 591 000	660 000
Other Income	0	0	0	0
Revenue	2 053 000	997 000	1 591 000	660 000
Cost of Goods Sold	0	0	5 000	0
Salary Costs	1 837 000	895 000	2 450 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 837 000	895 000	2 455 000	0
Operating Profit	216 000	102 000	−864 000	660 000
Financial Income	164 000	73 000	140 000	13 000
Financial Costs	2 000	0	1 000	1 000
Financial Balance	162 000	73 000	139 000	12 000
Dividends	0	0	0	0
Net Income	318 000	143 000	−539 000	524 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 024 000	785 000	746 000	1 677 000
Total Fixed Assets	2 024 000	785 000	746 000	1 677 000
Stock	0	0	0	0
Total Investments	67 000	67 000	67 000	67 000
Cash, Bank	3 659 000	3 096 000	2 079 000	282 000
Total Current Assets	5 043 000	4 426 000	3 246 000	472 000
Total Assets	7 068 000	5 211 000	3 992 000	2 149 000
Total Equity	1 754 000	1 436 000	1 293 000	1 833 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	3 000
Creditors	0	0	1 000	0
Unpaid Taxes	714 000	811 000	550 000	165 000
Dividends	0	0	0	0
Other Current Debt	4 538 000	2 932 000	2 147 000	0
Total Current Debt	5 313 000	3 775 000	2 699 000	314 000
Total Equity and Debt	7 068 000	5 211 000	3 992 000	2 149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,13 %	9,96 %	−41,69 %	28,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,52 %	10,23 %	−54,31 %	100 %
Current Ratio	0,95	1,17	1,2	1,5
Quick Ratio	0,95	1,17	1,2	1,5
Equity Ratio	0,25	0,28	0,32	0,85
Gross Profit Margin	100 %	100 %	99,69 %	100 %