FARO INVEST AS

6518 KRISTIANSUND N

Finances

Return on Equity

−5,51 %

Current Ratio

20,89

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	180 000	74 000	0	0
Net Income	−365 000	6 466 000	−43 000	584 000
Total Assets	7 313 000	7 659 000	2 449 000	2 450 000
Total Equity	6 626 000	6 991 000	525 000	568 000

Income (NOK)	2022	2021	2020	2019
Revenue	180 000	74 000	0	0
Expenditure	518 000	226 000	10 000	6 000
Operating Profit	−338 000	−151 000	−10 000	−6 000
Financial Income	15 000	6 657 000	0	625 000
Financial Costs	42 000	41 000	33 000	34 000
Financial Balance	−27 000	6 616 000	−33 000	591 000
Earnings Before Tax	−365 000	6 466 000	−43 000	584 000
Tax	0	0	0	0
Net Income	−365 000	6 466 000	−43 000	584 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 349 000	5 191 000	2 449 000	2 449 000
Total Current Assets	1 964 000	2 468 000	0	1 000
Total Assets	7 313 000	7 659 000	2 449 000	2 450 000
Total Retained Equity	6 596 000	6 961 000	495 000	538 000
Total Equity	6 626 000	6 991 000	525 000	568 000
Total Long-Term Debt	593 000	650 000	700 000	700 000
Total Current Debt	94 000	19 000	1 224 000	1 182 000
Total Equity and Debt	7 313 000	7 659 000	2 449 000	2 450 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 000	44 000	0	0
Other Income	170 000	30 000	0	0
Revenue	180 000	74 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	4 000	0	0
Depreciation	78 000	35 000	0	0
Impairment	0	0	0	0
Expenditure	518 000	226 000	10 000	6 000
Operating Profit	−338 000	−151 000	−10 000	−6 000
Financial Income	15 000	6 657 000	0	625 000
Financial Costs	42 000	41 000	33 000	34 000
Financial Balance	−27 000	6 616 000	−33 000	591 000
Dividends	0	0	0	0
Net Income	−365 000	6 466 000	−43 000	584 000

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	527 000	580 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	527 000	580 000	0	0
Total Fiancial Fixed Assets	4 822 000	4 611 000	2 449 000	2 449 000
Total Fixed Assets	5 349 000	5 191 000	2 449 000	2 449 000
Stock	0	0	0	0
Total Investments	592 000	0	0	0
Cash, Bank	1 308 000	2 248 000	0	1 000
Total Current Assets	1 964 000	2 468 000	0	1 000
Total Assets	7 313 000	7 659 000	2 449 000	2 450 000
Total Equity	6 626 000	6 991 000	525 000	568 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	593 000	650 000	700 000	700 000
Creditors	41 000	18 000	0	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	53 000	1 000	1 224 000	1 182 000
Total Current Debt	94 000	19 000	1 224 000	1 182 000
Total Equity and Debt	7 313 000	7 659 000	2 449 000	2 450 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,51 %	92,49 %	−8,19 %	102,82 %
Debt-to-Equity Ratio	0,09	0,09	1,33	1,23
Operating Profit Margin	−187,78 %	−204,05 %	-	-
Current Ratio	20,89	129,89	0	0
Quick Ratio	20,89	129,89	0	0
Equity Ratio	0,91	0,91	0,21	0,23
Gross Profit Margin	100 %	100 %	-	-