FAVORIT SOLUTIONS AS

0661 OSLO

Finances

Share Ownership

Return on Equity

7,53 %

Current Ratio

4,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 202 000	563 000	550 000	590 000
Net Income	71 000	241 000	348 000	105 000
Total Assets	1 174 000	1 251 000	853 000	546 000
Total Equity	943 000	897 000	750 000	473 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 202 000	563 000	550 000	590 000
Expenditure	1 131 000	426 000	416 000	466 000
Operating Profit	71 000	137 000	134 000	124 000
Financial Income	23 000	178 000	281 000	10 000
Financial Costs	4 000	44 000	41 000	2 000
Financial Balance	19 000	134 000	240 000	8 000
Earnings Before Tax	90 000	271 000	374 000	132 000
Tax	20 000	30 000	27 000	27 000
Net Income	71 000	241 000	348 000	105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	21 000	21 000	21 000
Total Current Assets	1 153 000	1 230 000	832 000	525 000
Total Assets	1 174 000	1 251 000	853 000	546 000
Total Retained Equity	843 000	797 000	650 000	373 000
Total Equity	943 000	897 000	750 000	473 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	231 000	354 000	103 000	74 000
Total Equity and Debt	1 174 000	1 251 000	853 000	546 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 202 000	563 000	550 000	590 000
Other Income	0	0	0	0
Revenue	1 202 000	563 000	550 000	590 000
Cost of Goods Sold	983 000	378 000	378 000	410 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 131 000	426 000	416 000	466 000
Operating Profit	71 000	137 000	134 000	124 000
Financial Income	23 000	178 000	281 000	10 000
Financial Costs	4 000	44 000	41 000	2 000
Financial Balance	19 000	134 000	240 000	8 000
Dividends	0	0	0	0
Net Income	71 000	241 000	348 000	105 000

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	21 000	21 000	21 000	21 000
Total Tangible Assets	21 000	21 000	21 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 000	21 000	21 000	21 000
Stock	433 000	477 000	319 000	300 000
Total Investments	0	0	70 000	48 000
Cash, Bank	42 000	40 000	41 000	98 000
Total Current Assets	1 153 000	1 230 000	832 000	525 000
Total Assets	1 174 000	1 251 000	853 000	546 000
Total Equity	943 000	897 000	750 000	473 000
Short-Term Group Debt	31 000	100 000	75 000	30 000
Total Long-Term Debt	0	0	0	0
Creditors	59 000	109 000	0	3 000
Unpaid Taxes	21 000	31 000	7 000	20 000
Dividends	0	0	0	0
Other Current Debt	108 000	91 000	0	0
Total Current Debt	231 000	354 000	103 000	74 000
Total Equity and Debt	1 174 000	1 251 000	853 000	546 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,53 %	26,87 %	46,4 %	22,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,91 %	24,33 %	24,36 %	21,02 %
Current Ratio	4,99	3,47	8,08	7,09
Quick Ratio	−5,71	−10	−3,85	−2,32
Equity Ratio	0,8	0,72	0,88	0,87
Gross Profit Margin	18,22 %	32,86 %	31,27 %	30,51 %