FAREL AS

9512 ALTA

Finances

Return on Equity

72,13 %

Current Ratio

9 340,67

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 000	51 000	0	0
Net Income	18 800 000	1 989 000	733 000	734 000
Total Assets	28 705 000	7 885 000	5 278 000	4 546 000
Total Equity	26 065 000	7 266 000	5 277 000	4 544 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 000	51 000	0	0
Expenditure	201 000	163 000	17 000	16 000
Operating Profit	−189 000	−113 000	−17 000	−16 000
Financial Income	19 474 000	2 102 000	751 000	751 000
Financial Costs	485 000	1 000	0	0
Financial Balance	18 989 000	2 101 000	751 000	751 000
Earnings Before Tax	18 800 000	1 989 000	734 000	735 000
Tax	0	0	1 000	2 000
Net Income	18 800 000	1 989 000	733 000	734 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	683 000	730 000	1 285 000	1 233 000
Total Current Assets	28 022 000	7 155 000	3 993 000	3 313 000
Total Assets	28 705 000	7 885 000	5 278 000	4 546 000
Total Retained Equity	26 035 000	7 236 000	5 247 000	4 514 000
Total Equity	26 065 000	7 266 000	5 277 000	4 544 000
Total Long-Term Debt	2 637 000	0	0	0
Total Current Debt	3 000	620 000	1 000	2 000
Total Equity and Debt	28 705 000	7 885 000	5 278 000	4 546 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 000	51 000	0	0
Other Income	0	0	0	0
Revenue	11 000	51 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	46 000	0	0
Depreciation	55 000	55 000	0	0
Impairment	0	0	0	0
Expenditure	201 000	163 000	17 000	16 000
Operating Profit	−189 000	−113 000	−17 000	−16 000
Financial Income	19 474 000	2 102 000	751 000	751 000
Financial Costs	485 000	1 000	0	0
Financial Balance	18 989 000	2 101 000	751 000	751 000
Dividends	0	0	0	0
Net Income	18 800 000	1 989 000	733 000	734 000

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	440 000	495 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	440 000	495 000	0	0
Total Fiancial Fixed Assets	243 000	235 000	1 285 000	1 233 000
Total Fixed Assets	683 000	730 000	1 285 000	1 233 000
Stock	0	0	0	0
Total Investments	20 260 000	2 046 000	0	0
Cash, Bank	1 620 000	4 001 000	3 993 000	3 309 000
Total Current Assets	28 022 000	7 155 000	3 993 000	3 313 000
Total Assets	28 705 000	7 885 000	5 278 000	4 546 000
Total Equity	26 065 000	7 266 000	5 277 000	4 544 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 637 000	0	0	0
Creditors	0	64 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	556 000	0	0
Total Current Debt	3 000	620 000	1 000	2 000
Total Equity and Debt	28 705 000	7 885 000	5 278 000	4 546 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,13 %	27,37 %	13,89 %	16,15 %
Debt-to-Equity Ratio	0,1	0	0	0
Operating Profit Margin	−1 718,18 %	−221,57 %	-	-
Current Ratio	9 340,67	11,54	3 993	1 656,5
Quick Ratio	9 340,67	11,54	3 993	1 656,5
Equity Ratio	0,91	0,92	1	1
Gross Profit Margin	100 %	100 %	-	-