FARESTVEIT AS

6856 SOGNDAL

Finances

Return on Equity

24,36 %

Current Ratio

0,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	882 000	1 773 000	1 272 000	2 982 000
Total Assets	5 124 000	5 742 000	5 467 000	4 195 000
Total Equity	3 621 000	4 239 000	4 966 000	4 194 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	122 000	104 000	101 000	32 000
Operating Profit	−121 000	−105 000	−102 000	−32 000
Financial Income	1 004 000	1 878 000	1 546 000	3 014 000
Financial Costs	0	0	173 000	0
Financial Balance	1 004 000	1 878 000	1 373 000	3 014 000
Earnings Before Tax	882 000	1 773 000	1 272 000	2 982 000
Tax	0	0	0	0
Net Income	882 000	1 773 000	1 272 000	2 982 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 488 000	2 592 000	4 933 000	2 955 000
Total Current Assets	636 000	3 150 000	534 000	1 240 000
Total Assets	5 124 000	5 742 000	5 467 000	4 195 000
Total Retained Equity	3 591 000	4 209 000	4 936 000	4 164 000
Total Equity	3 621 000	4 239 000	4 966 000	4 194 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 503 000	1 504 000	501 000	1 000
Total Equity and Debt	5 124 000	5 742 000	5 467 000	4 195 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	72 000	55 000	55 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	122 000	104 000	101 000	32 000
Operating Profit	−121 000	−105 000	−102 000	−32 000
Financial Income	1 004 000	1 878 000	1 546 000	3 014 000
Financial Costs	0	0	173 000	0
Financial Balance	1 004 000	1 878 000	1 373 000	3 014 000
Dividends	1 500 000	1 500 000	500 000	0
Net Income	882 000	1 773 000	1 272 000	2 982 000

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	4 488 000	2 592 000	4 933 000	2 955 000
Total Fixed Assets	4 488 000	2 592 000	4 933 000	2 955 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	636 000	2 900 000	528 000	1 240 000
Total Current Assets	636 000	3 150 000	534 000	1 240 000
Total Assets	5 124 000	5 742 000	5 467 000	4 195 000
Total Equity	3 621 000	4 239 000	4 966 000	4 194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	4 000	1 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	1 500 000	1 500 000	500 000	0
Other Current Debt	0	0	0	0
Total Current Debt	1 503 000	1 504 000	501 000	1 000
Total Equity and Debt	5 124 000	5 742 000	5 467 000	4 195 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,36 %	41,83 %	25,61 %	71,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,42	2,09	1,07	1 240
Quick Ratio	0,42	2,09	1,07	1 240
Equity Ratio	0,71	0,74	0,91	1
Gross Profit Margin	-	-	-	-