FARMEN AS

5960 DALSØYRA

Finances

Return on Equity

9,75 %

Current Ratio

5,33

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 871 000	2 877 000	5 663 000	3 107 000
Net Income	372 000	881 000	1 295 000	464 000
Total Assets	4 917 000	4 943 000	3 595 000	2 594 000
Total Equity	3 814 000	3 442 000	2 561 000	1 265 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 871 000	2 877 000	5 663 000	3 107 000
Expenditure	2 359 000	1 720 000	3 980 000	2 484 000
Operating Profit	511 000	1 157 000	1 682 000	624 000
Financial Income	3 000	0	0	1 000
Financial Costs	31 000	27 000	22 000	30 000
Financial Balance	−28 000	−27 000	−22 000	−29 000
Earnings Before Tax	484 000	1 130 000	1 661 000	595 000
Tax	111 000	249 000	366 000	131 000
Net Income	372 000	881 000	1 295 000	464 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 472 000	940 000	548 000	723 000
Total Current Assets	3 446 000	4 003 000	3 048 000	1 872 000
Total Assets	4 917 000	4 943 000	3 595 000	2 594 000
Total Retained Equity	3 784 000	3 412 000	2 531 000	1 235 000
Total Equity	3 814 000	3 442 000	2 561 000	1 265 000
Total Long-Term Debt	457 000	749 000	426 000	600 000
Total Current Debt	646 000	753 000	609 000	729 000
Total Equity and Debt	4 917 000	4 943 000	3 595 000	2 594 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 871 000	2 877 000	5 663 000	3 107 000
Other Income	0	0	0	0
Revenue	2 871 000	2 877 000	5 663 000	3 107 000
Cost of Goods Sold	3 000	55 000	1 859 000	58 000
Salary Costs	1 517 000	1 093 000	1 109 000	1 703 000
Depreciation	436 000	195 000	175 000	167 000
Impairment	0	0	0	0
Expenditure	2 359 000	1 720 000	3 980 000	2 484 000
Operating Profit	511 000	1 157 000	1 682 000	624 000
Financial Income	3 000	0	0	1 000
Financial Costs	31 000	27 000	22 000	30 000
Financial Balance	−28 000	−27 000	−22 000	−29 000
Dividends	0	0	0	0
Net Income	372 000	881 000	1 295 000	464 000

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	475 000	727 000	174 000	190 000
Fixtures	0	0	0	0
Total Tangible Assets	1 372 000	940 000	548 000	723 000
Total Fiancial Fixed Assets	100 000	0	0	0
Total Fixed Assets	1 472 000	940 000	548 000	723 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 747 000	2 367 000	1 584 000	741 000
Total Current Assets	3 446 000	4 003 000	3 048 000	1 872 000
Total Assets	4 917 000	4 943 000	3 595 000	2 594 000
Total Equity	3 814 000	3 442 000	2 561 000	1 265 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	457 000	749 000	426 000	600 000
Creditors	79 000	66 000	37 000	112 000
Unpaid Taxes	265 000	324 000	73 000	298 000
Dividends	0	0	0	0
Other Current Debt	173 000	115 000	117 000	180 000
Total Current Debt	646 000	753 000	609 000	729 000
Total Equity and Debt	4 917 000	4 943 000	3 595 000	2 594 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,75 %	25,6 %	50,57 %	36,68 %
Debt-to-Equity Ratio	0,12	0,22	0,17	0,47
Operating Profit Margin	17,8 %	40,22 %	29,7 %	20,08 %
Current Ratio	5,33	5,32	5	2,57
Quick Ratio	5,33	5,32	5	2,57
Equity Ratio	0,78	0,7	0,71	0,49
Gross Profit Margin	99,9 %	98,09 %	67,17 %	98,13 %