FARSUND BILOMSETNING AS

4560 VANSE

Finances

Share Ownership

Return on Equity

14,39 %

Current Ratio

9,55

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 592 000	25 907 000	24 032 000	21 808 000
Net Income	2 168 000	2 530 000	2 019 000	2 191 000
Total Assets	16 305 000	14 655 000	12 213 000	9 760 000
Total Equity	15 071 000	12 904 000	10 373 000	8 754 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 592 000	25 907 000	24 032 000	21 808 000
Expenditure	20 831 000	22 670 000	21 455 000	19 026 000
Operating Profit	2 760 000	3 236 000	2 578 000	2 782 000
Financial Income	19 000	8 000	15 000	28 000
Financial Costs	0	0	3 000	1 000
Financial Balance	19 000	8 000	12 000	27 000
Earnings Before Tax	2 779 000	3 244 000	2 590 000	2 809 000
Tax	611 000	714 000	570 000	618 000
Net Income	2 168 000	2 530 000	2 019 000	2 191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 919 000	6 032 000	3 918 000	4 032 000
Total Current Assets	10 386 000	8 623 000	8 296 000	5 728 000
Total Assets	16 305 000	14 655 000	12 213 000	9 760 000
Total Retained Equity	14 971 000	12 804 000	10 273 000	8 654 000
Total Equity	15 071 000	12 904 000	10 373 000	8 754 000
Total Long-Term Debt	147 000	125 000	97 000	86 000
Total Current Debt	1 087 000	1 626 000	1 743 000	920 000
Total Equity and Debt	16 305 000	14 655 000	12 213 000	9 760 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 476 000	25 822 000	24 032 000	21 808 000
Other Income	116 000	85 000	0	0
Revenue	23 592 000	25 907 000	24 032 000	21 808 000
Cost of Goods Sold	19 150 000	21 063 000	20 180 000	17 757 000
Salary Costs	847 000	847 000	697 000	711 000
Depreciation	152 000	134 000	114 000	109 000
Impairment	0	0	0	0
Expenditure	20 831 000	22 670 000	21 455 000	19 026 000
Operating Profit	2 760 000	3 236 000	2 578 000	2 782 000
Financial Income	19 000	8 000	15 000	28 000
Financial Costs	0	0	3 000	1 000
Financial Balance	19 000	8 000	12 000	27 000
Dividends	0	0	400 000	0
Net Income	2 168 000	2 530 000	2 019 000	2 191 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 787 000	5 921 000	3 841 000	3 931 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	132 000	111 000	77 000	101 000
Total Tangible Assets	5 919 000	6 032 000	3 918 000	4 032 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 919 000	6 032 000	3 918 000	4 032 000
Stock	4 290 000	4 366 000	2 339 000	2 366 000
Total Investments	0	0	0	0
Cash, Bank	5 461 000	3 855 000	5 504 000	3 038 000
Total Current Assets	10 386 000	8 623 000	8 296 000	5 728 000
Total Assets	16 305 000	14 655 000	12 213 000	9 760 000
Total Equity	15 071 000	12 904 000	10 373 000	8 754 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	147 000	125 000	97 000	86 000
Creditors	466 000	46 000	0	302 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	400 000	0
Other Current Debt	31 000	894 000	1 184 000	15 000
Total Current Debt	1 087 000	1 626 000	1 743 000	920 000
Total Equity and Debt	16 305 000	14 655 000	12 213 000	9 760 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,39 %	19,61 %	19,46 %	25,03 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	11,7 %	12,49 %	10,73 %	12,76 %
Current Ratio	9,55	5,3	4,76	6,23
Quick Ratio	−3,24	−3,15	−13,92	−3,96
Equity Ratio	0,92	0,88	0,85	0,9
Gross Profit Margin	18,83 %	18,7 %	16,03 %	18,58 %