FARSUND RETAIL II AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

−368,13 %

Current Ratio

1,64

Debt-to-Equity Ratio

1,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 198 000	2 114 000	1 126 000	0
Net Income	−589 000	−537 000	−71 000	−67 000
Total Assets	969 000	1 194 000	1 164 000	384 000
Total Equity	160 000	749 000	−214 000	−143 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 198 000	2 114 000	1 126 000	0
Expenditure	2 787 000	2 649 000	1 198 000	78 000
Operating Profit	−589 000	−535 000	−71 000	−78 000
Financial Income	0	0	0	12 000
Financial Costs	0	2 000	0	1 000
Financial Balance	0	−2 000	0	11 000
Earnings Before Tax	−589 000	−537 000	−71 000	−67 000
Tax	0	0	0	0
Net Income	−589 000	−537 000	−71 000	−67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	32 000
Total Current Assets	969 000	1 194 000	1 164 000	352 000
Total Assets	969 000	1 194 000	1 164 000	384 000
Total Retained Equity	−6 025 000	−5 435 000	−4 899 000	−4 827 000
Total Equity	160 000	749 000	−214 000	−143 000
Total Long-Term Debt	219 000	19 000	1 119 000	519 000
Total Current Debt	590 000	426 000	259 000	8 000
Total Equity and Debt	969 000	1 194 000	1 164 000	384 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 208 000	2 114 000	1 126 000	0
Other Income	−9 000	0	0	0
Revenue	2 198 000	2 114 000	1 126 000	0
Cost of Goods Sold	1 396 000	1 276 000	498 000	0
Salary Costs	840 000	861 000	394 000	0
Depreciation	0	0	0	16 000
Impairment	0	0	0	0
Expenditure	2 787 000	2 649 000	1 198 000	78 000
Operating Profit	−589 000	−535 000	−71 000	−78 000
Financial Income	0	0	0	12 000
Financial Costs	0	2 000	0	1 000
Financial Balance	0	−2 000	0	11 000
Dividends	0	0	0	0
Net Income	−589 000	−537 000	−71 000	−67 000

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	0	0	0	32 000
Total Tangible Assets	0	0	0	32 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	32 000
Stock	692 000	806 000	862 000	0
Total Investments	0	0	0	0
Cash, Bank	217 000	302 000	249 000	335 000
Total Current Assets	969 000	1 194 000	1 164 000	352 000
Total Assets	969 000	1 194 000	1 164 000	384 000
Total Equity	160 000	749 000	−214 000	−143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	219 000	19 000	1 119 000	519 000
Creditors	348 000	176 000	117 000	8 000
Unpaid Taxes	87 000	99 000	43 000	0
Dividends	0	0	0	0
Other Current Debt	155 000	151 000	99 000	0
Total Current Debt	590 000	426 000	259 000	8 000
Total Equity and Debt	969 000	1 194 000	1 164 000	384 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−368,13 %	−71,7 %	33,18 %	46,85 %
Debt-to-Equity Ratio	1,37	0,03	−5,23	−3,63
Operating Profit Margin	−26,8 %	−25,31 %	−6,31 %	-
Current Ratio	1,64	2,8	4,49	44
Quick Ratio	−9,5	−3,14	−1,93	44
Equity Ratio	0,17	0,63	−0,18	−0,37
Gross Profit Margin	36,49 %	39,64 %	55,77 %	-