FARSUND RETAIL HOLDING AS

4550 FARSUND

Finances

Return on Equity

−222,25 %

Current Ratio

128

Debt-to-Equity Ratio

6,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 918 000	−1 089 000	−1 356 000	−2 362 000
Total Assets	6 189 000	5 437 000	3 865 000	3 058 000
Total Equity	863 000	1 359 000	−252 000	1 103 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	52 000	−155 000	165 000	124 000
Operating Profit	−52 000	155 000	−165 000	−124 000
Financial Income	0	0	0	0
Financial Costs	1 929 000	1 244 000	1 190 000	2 238 000
Financial Balance	−1 929 000	−1 244 000	−1 190 000	−2 238 000
Earnings Before Tax	−1 981 000	−1 089 000	−1 356 000	−2 362 000
Tax	−63 000	0	0	0
Net Income	−1 918 000	−1 089 000	−1 356 000	−2 362 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 805 000	5 424 000	3 863 000	3 054 000
Total Current Assets	384 000	13 000	2 000	3 000
Total Assets	6 189 000	5 437 000	3 865 000	3 058 000
Total Retained Equity	−2 210 000	−291 000	−1 782 000	−427 000
Total Equity	863 000	1 359 000	−252 000	1 103 000
Total Long-Term Debt	5 323 000	4 068 000	4 018 000	1 893 000
Total Current Debt	3 000	11 000	100 000	62 000
Total Equity and Debt	6 189 000	5 437 000	3 865 000	3 058 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	2 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	52 000	−155 000	165 000	124 000
Operating Profit	−52 000	155 000	−165 000	−124 000
Financial Income	0	0	0	0
Financial Costs	1 929 000	1 244 000	1 190 000	2 238 000
Financial Balance	−1 929 000	−1 244 000	−1 190 000	−2 238 000
Dividends	0	0	0	0
Net Income	−1 918 000	−1 089 000	−1 356 000	−2 362 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 805 000	5 424 000	3 863 000	3 054 000
Total Fixed Assets	5 805 000	5 424 000	3 863 000	3 054 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	98 000	13 000	2 000	3 000
Total Current Assets	384 000	13 000	2 000	3 000
Total Assets	6 189 000	5 437 000	3 865 000	3 058 000
Total Equity	863 000	1 359 000	−252 000	1 103 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 323 000	4 068 000	4 018 000	1 893 000
Creditors	3 000	11 000	100 000	9 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	53 000
Total Current Debt	3 000	11 000	100 000	62 000
Total Equity and Debt	6 189 000	5 437 000	3 865 000	3 058 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−222,25 %	−80,13 %	538,1 %	−214,14 %
Debt-to-Equity Ratio	6,17	2,99	−15,94	1,72
Operating Profit Margin	-	-	-	-
Current Ratio	128	1,18	0,02	0,05
Quick Ratio	128	1,18	0,02	0,05
Equity Ratio	0,14	0,25	−0,07	0,36
Gross Profit Margin	-	-	-	-