FÅLAND HÅNDVERK AS

1461 LØRENSKOG

Finances

Share Ownership

Return on Equity

43,69 %

Current Ratio

5,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 379 000	1 522 000	1 659 000	1 974 000
Net Income	609 000	−98 000	−147 000	−252 000
Total Assets	1 675 000	1 187 000	1 247 000	1 484 000
Total Equity	1 394 000	785 000	884 000	1 031 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 379 000	1 522 000	1 659 000	1 974 000
Expenditure	1 706 000	1 614 000	1 833 000	2 221 000
Operating Profit	674 000	−93 000	−174 000	−247 000
Financial Income	2 000	1 000	2 000	1 000
Financial Costs	6 000	6 000	3 000	6 000
Financial Balance	−4 000	−5 000	−1 000	−5 000
Earnings Before Tax	670 000	−98 000	−176 000	−252 000
Tax	61 000	0	−29 000	0
Net Income	609 000	−98 000	−147 000	−252 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	74 000	219 000	188 000	234 000
Total Current Assets	1 601 000	968 000	1 059 000	1 251 000
Total Assets	1 675 000	1 187 000	1 247 000	1 484 000
Total Retained Equity	1 294 000	685 000	784 000	931 000
Total Equity	1 394 000	785 000	884 000	1 031 000
Total Long-Term Debt	0	109 000	10 000	71 000
Total Current Debt	281 000	292 000	353 000	383 000
Total Equity and Debt	1 675 000	1 187 000	1 247 000	1 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 349 000	1 521 000	1 659 000	1 974 000
Other Income	30 000	0	0	0
Revenue	2 379 000	1 522 000	1 659 000	1 974 000
Cost of Goods Sold	195 000	123 000	205 000	384 000
Salary Costs	1 219 000	1 215 000	1 380 000	1 546 000
Depreciation	23 000	75 000	44 000	65 000
Impairment	0	0	0	0
Expenditure	1 706 000	1 614 000	1 833 000	2 221 000
Operating Profit	674 000	−93 000	−174 000	−247 000
Financial Income	2 000	1 000	2 000	1 000
Financial Costs	6 000	6 000	3 000	6 000
Financial Balance	−4 000	−5 000	−1 000	−5 000
Dividends	0	0	0	0
Net Income	609 000	−98 000	−147 000	−252 000

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	14 000	0
Fixtures	74 000	192 000	128 000	168 000
Total Tangible Assets	74 000	192 000	142 000	168 000
Total Fiancial Fixed Assets	0	27 000	46 000	66 000
Total Fixed Assets	74 000	219 000	188 000	234 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 588 000	857 000	973 000	1 224 000
Total Current Assets	1 601 000	968 000	1 059 000	1 251 000
Total Assets	1 675 000	1 187 000	1 247 000	1 484 000
Total Equity	1 394 000	785 000	884 000	1 031 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	109 000	10 000	71 000
Creditors	6 000	7 000	55 000	40 000
Unpaid Taxes	116 000	157 000	155 000	199 000
Dividends	0	0	0	0
Other Current Debt	97 000	128 000	143 000	144 000
Total Current Debt	281 000	292 000	353 000	383 000
Total Equity and Debt	1 675 000	1 187 000	1 247 000	1 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,69 %	−12,48 %	−16,63 %	−24,44 %
Debt-to-Equity Ratio	0	0,14	0,01	0,07
Operating Profit Margin	28,33 %	−6,11 %	−10,49 %	−12,51 %
Current Ratio	5,7	3,32	3	3,27
Quick Ratio	5,7	3,32	3	3,27
Equity Ratio	0,83	0,66	0,71	0,69
Gross Profit Margin	91,8 %	91,92 %	87,64 %	80,55 %