TONE FÆRØVIK AS

1423 SKI

Finances

Return on Equity

14,7 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 361 000	1 496 000	1 454 000	1 476 000
Net Income	51 000	172 000	134 000	159 000
Total Assets	769 000	657 000	1 443 000	1 264 000
Total Equity	347 000	397 000	1 103 000	969 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 361 000	1 496 000	1 454 000	1 476 000
Expenditure	1 303 000	1 311 000	1 232 000	1 298 000
Operating Profit	57 000	185 000	222 000	178 000
Financial Income	46 000	30 000	5 000	22 000
Financial Costs	40 000	2 000	45 000	0
Financial Balance	6 000	28 000	−40 000	22 000
Earnings Before Tax	63 000	212 000	182 000	199 000
Tax	13 000	40 000	47 000	41 000
Net Income	51 000	172 000	134 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	291 000	137 000	496 000
Total Current Assets	735 000	366 000	1 306 000	768 000
Total Assets	769 000	657 000	1 443 000	1 264 000
Total Retained Equity	327 000	377 000	1 083 000	949 000
Total Equity	347 000	397 000	1 103 000	969 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	422 000	260 000	340 000	296 000
Total Equity and Debt	769 000	657 000	1 443 000	1 264 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 361 000	1 496 000	1 454 000	1 476 000
Other Income	0	0	0	0
Revenue	1 361 000	1 496 000	1 454 000	1 476 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 012 000	1 014 000	983 000	1 028 000
Depreciation	0	0	3 000	18 000
Impairment	0	0	0	0
Expenditure	1 303 000	1 311 000	1 232 000	1 298 000
Operating Profit	57 000	185 000	222 000	178 000
Financial Income	46 000	30 000	5 000	22 000
Financial Costs	40 000	2 000	45 000	0
Financial Balance	6 000	28 000	−40 000	22 000
Dividends	100 000	878 000	0	0
Net Income	51 000	172 000	134 000	159 000

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	25 000	25 000	25 000	3 000
Total Tangible Assets	25 000	25 000	25 000	3 000
Total Fiancial Fixed Assets	10 000	266 000	112 000	493 000
Total Fixed Assets	35 000	291 000	137 000	496 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	311 000	116 000	775 000	540 000
Total Current Assets	735 000	366 000	1 306 000	768 000
Total Assets	769 000	657 000	1 443 000	1 264 000
Total Equity	347 000	397 000	1 103 000	969 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	−9 000	0	19 000
Unpaid Taxes	143 000	135 000	199 000	102 000
Dividends	100 000	878 000	0	0
Other Current Debt	166 000	94 000	93 000	134 000
Total Current Debt	422 000	260 000	340 000	296 000
Total Equity and Debt	769 000	657 000	1 443 000	1 264 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,7 %	43,32 %	12,15 %	16,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,19 %	12,37 %	15,27 %	12,06 %
Current Ratio	1,74	1,41	3,84	2,59
Quick Ratio	1,74	1,41	3,84	2,59
Equity Ratio	0,45	0,6	0,76	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %