FARSUND RETAIL I AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

−114,71 %

Current Ratio

0,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 015 000	7 938 000	6 605 000	6 553 000
Net Income	−429 000	−293 000	−612 000	−914 000
Total Assets	1 904 000	1 799 000	1 660 000	1 568 000
Total Equity	374 000	503 000	136 000	348 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 015 000	7 938 000	6 605 000	6 553 000
Expenditure	9 393 000	8 211 000	7 127 000	7 501 000
Operating Profit	−412 000	−256 000	−574 000	−899 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	17 000	38 000	39 000	16 000
Financial Balance	−16 000	−37 000	−38 000	−15 000
Earnings Before Tax	−429 000	−293 000	−612 000	−914 000
Tax	0	0	0	0
Net Income	−429 000	−293 000	−612 000	−914 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 194 000	840 000	1 249 000	1 110 000
Total Current Assets	710 000	959 000	411 000	458 000
Total Assets	1 904 000	1 799 000	1 660 000	1 568 000
Total Retained Equity	−429 000	0	−224 000	0
Total Equity	374 000	503 000	136 000	348 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 530 000	1 296 000	1 524 000	1 220 000
Total Equity and Debt	1 904 000	1 799 000	1 660 000	1 568 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 015 000	7 938 000	6 598 000	6 553 000
Other Income	0	0	7 000	0
Revenue	9 015 000	7 938 000	6 605 000	6 553 000
Cost of Goods Sold	3 257 000	2 743 000	2 374 000	2 361 000
Salary Costs	3 264 000	3 001 000	2 657 000	3 000 000
Depreciation	5 000	59 000	61 000	45 000
Impairment	0	0	0	0
Expenditure	9 393 000	8 211 000	7 127 000	7 501 000
Operating Profit	−412 000	−256 000	−574 000	−899 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	17 000	38 000	39 000	16 000
Financial Balance	−16 000	−37 000	−38 000	−15 000
Dividends	0	0	0	0
Net Income	−429 000	−293 000	−612 000	−914 000

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	54 000	0	59 000	120 000
Total Tangible Assets	54 000	0	59 000	120 000
Total Fiancial Fixed Assets	1 140 000	840 000	1 190 000	990 000
Total Fixed Assets	1 194 000	840 000	1 249 000	1 110 000
Stock	100 000	135 000	117 000	169 000
Total Investments	0	0	0	0
Cash, Bank	384 000	636 000	108 000	113 000
Total Current Assets	710 000	959 000	411 000	458 000
Total Assets	1 904 000	1 799 000	1 660 000	1 568 000
Total Equity	374 000	503 000	136 000	348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	901 000	733 000	612 000	450 000
Unpaid Taxes	188 000	183 000	162 000	158 000
Dividends	0	0	0	0
Other Current Debt	441 000	380 000	232 000	325 000
Total Current Debt	1 530 000	1 296 000	1 524 000	1 220 000
Total Equity and Debt	1 904 000	1 799 000	1 660 000	1 568 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−114,71 %	−58,25 %	−450 %	−262,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,57 %	−3,22 %	−8,69 %	−13,72 %
Current Ratio	0,46	0,74	0,27	0,38
Quick Ratio	0,5	0,83	0,29	0,44
Equity Ratio	0,2	0,28	0,08	0,22
Gross Profit Margin	63,87 %	65,44 %	64,06 %	63,97 %