NORDFAR AS

8100 MISVÆR

Finances

Share Ownership

Return on Equity

55,64 %

Current Ratio

0,23

Debt-to-Equity Ratio

0,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	558 000	160 000	246 000	298 000
Net Income	281 000	69 000	44 000	182 000
Total Assets	2 004 000	1 297 000	1 286 000	1 299 000
Total Equity	505 000	224 000	155 000	111 000

Income (NOK)	2022	2021	2020	2019
Revenue	558 000	160 000	246 000	298 000
Expenditure	186 000	74 000	188 000	94 000
Operating Profit	372 000	87 000	57 000	204 000
Financial Income	2 000	2 000	0	0
Financial Costs	8 000	1 000	1 000	3 000
Financial Balance	−6 000	1 000	−1 000	−3 000
Earnings Before Tax	366 000	88 000	56 000	202 000
Tax	85 000	19 000	12 000	20 000
Net Income	281 000	69 000	44 000	182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 750 000	1 215 000	1 215 000	1 215 000
Total Current Assets	254 000	82 000	70 000	84 000
Total Assets	2 004 000	1 297 000	1 286 000	1 299 000
Total Retained Equity	475 000	194 000	125 000	81 000
Total Equity	505 000	224 000	155 000	111 000
Total Long-Term Debt	387 000	0	0	0
Total Current Debt	1 113 000	1 073 000	1 130 000	1 188 000
Total Equity and Debt	2 004 000	1 297 000	1 286 000	1 299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	558 000	160 000	244 000	298 000
Other Income	0	0	2 000	0
Revenue	558 000	160 000	246 000	298 000
Cost of Goods Sold	0	0	33 000	0
Salary Costs	68 000	0	71 000	30 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	186 000	74 000	188 000	94 000
Operating Profit	372 000	87 000	57 000	204 000
Financial Income	2 000	2 000	0	0
Financial Costs	8 000	1 000	1 000	3 000
Financial Balance	−6 000	1 000	−1 000	−3 000
Dividends	0	0	0	0
Net Income	281 000	69 000	44 000	182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 750 000	1 215 000	1 215 000	1 215 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 750 000	1 215 000	1 215 000	1 215 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 750 000	1 215 000	1 215 000	1 215 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	101 000	28 000	14 000	20 000
Total Current Assets	254 000	82 000	70 000	84 000
Total Assets	2 004 000	1 297 000	1 286 000	1 299 000
Total Equity	505 000	224 000	155 000	111 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	387 000	0	0	0
Creditors	17 000	9 000	14 000	2 000
Unpaid Taxes	42 000	−12 000	1 000	22 000
Dividends	0	0	0	0
Other Current Debt	968 000	1 058 000	1 102 000	1 144 000
Total Current Debt	1 113 000	1 073 000	1 130 000	1 188 000
Total Equity and Debt	2 004 000	1 297 000	1 286 000	1 299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,64 %	30,8 %	28,39 %	163,96 %
Debt-to-Equity Ratio	0,77	0	0	0
Operating Profit Margin	66,67 %	54,38 %	23,17 %	68,46 %
Current Ratio	0,23	0,08	0,06	0,07
Quick Ratio	0,23	0,08	0,06	0,07
Equity Ratio	0,25	0,17	0,12	0,09
Gross Profit Margin	100 %	100 %	86,59 %	100 %