FARESTVEIT & KJENSTAD AS

7760 SNÅSA

Finances

Share Ownership

Return on Equity

48,42 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 205 000	2 748 000	4 214 000	4 469 000
Net Income	2 075 000	349 000	691 000	631 000
Total Assets	9 233 000	4 888 000	3 199 000	2 445 000
Total Equity	4 285 000	2 211 000	1 900 000	1 359 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 205 000	2 748 000	4 214 000	4 469 000
Expenditure	2 518 000	2 305 000	3 333 000	3 708 000
Operating Profit	1 686 000	442 000	881 000	761 000
Financial Income	763 000	6 000	5 000	40 000
Financial Costs	2 000	1 000	0	1 000
Financial Balance	761 000	5 000	5 000	39 000
Earnings Before Tax	2 448 000	448 000	886 000	800 000
Tax	373 000	99 000	195 000	169 000
Net Income	2 075 000	349 000	691 000	631 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 464 000	4 389 000	2 473 000	1 457 000
Total Current Assets	1 769 000	500 000	726 000	989 000
Total Assets	9 233 000	4 888 000	3 199 000	2 445 000
Total Retained Equity	4 261 000	2 186 000	1 876 000	1 335 000
Total Equity	4 285 000	2 211 000	1 900 000	1 359 000
Total Long-Term Debt	3 608 000	1 556 000	19 000	27 000
Total Current Debt	1 339 000	1 121 000	1 280 000	1 059 000
Total Equity and Debt	9 233 000	4 888 000	3 199 000	2 445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 427 000	2 026 000	3 339 000	3 289 000
Other Income	778 000	722 000	875 000	1 180 000
Revenue	4 205 000	2 748 000	4 214 000	4 469 000
Cost of Goods Sold	373 000	252 000	324 000	326 000
Salary Costs	1 323 000	1 576 000	2 225 000	2 549 000
Depreciation	70 000	55 000	135 000	109 000
Impairment	0	0	0	0
Expenditure	2 518 000	2 305 000	3 333 000	3 708 000
Operating Profit	1 686 000	442 000	881 000	761 000
Financial Income	763 000	6 000	5 000	40 000
Financial Costs	2 000	1 000	0	1 000
Financial Balance	761 000	5 000	5 000	39 000
Dividends	0	0	150 000	150 000
Net Income	2 075 000	349 000	691 000	631 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 144 000	2 431 000	425 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	600 000	58 000	543 000	679 000
Total Tangible Assets	4 744 000	2 489 000	968 000	679 000
Total Fiancial Fixed Assets	2 720 000	1 900 000	1 505 000	778 000
Total Fixed Assets	7 464 000	4 389 000	2 473 000	1 457 000
Stock	6 000	6 000	6 000	6 000
Total Investments	0	0	0	0
Cash, Bank	1 216 000	323 000	507 000	562 000
Total Current Assets	1 769 000	500 000	726 000	989 000
Total Assets	9 233 000	4 888 000	3 199 000	2 445 000
Total Equity	4 285 000	2 211 000	1 900 000	1 359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 608 000	1 556 000	19 000	27 000
Creditors	111 000	225 000	467 000	25 000
Unpaid Taxes	219 000	134 000	204 000	441 000
Dividends	0	0	150 000	150 000
Other Current Debt	652 000	651 000	256 000	292 000
Total Current Debt	1 339 000	1 121 000	1 280 000	1 059 000
Total Equity and Debt	9 233 000	4 888 000	3 199 000	2 445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,42 %	15,78 %	36,37 %	46,43 %
Debt-to-Equity Ratio	0,84	0,7	0,01	0,02
Operating Profit Margin	40,1 %	16,08 %	20,91 %	17,03 %
Current Ratio	1,32	0,45	0,57	0,93
Quick Ratio	1,33	0,45	0,57	0,94
Equity Ratio	0,46	0,45	0,59	0,56
Gross Profit Margin	91,13 %	90,83 %	92,31 %	92,71 %