FAREID HOLDING AS

3970 LANGESUND

Finances

Return on Equity

27,07 %

Current Ratio

15,95

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 000	0	8 000	212 000
Net Income	15 354 000	35 935 000	32 369 000	11 535 000
Total Assets	59 781 000	50 650 000	34 693 000	21 363 000
Total Equity	56 716 000	50 361 000	33 727 000	13 408 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 000	0	8 000	212 000
Expenditure	279 000	166 000	47 000	177 000
Operating Profit	−268 000	−166 000	−39 000	35 000
Financial Income	16 483 000	36 117 000	32 485 000	11 576 000
Financial Costs	861 000	17 000	78 000	76 000
Financial Balance	15 622 000	36 100 000	32 407 000	11 500 000
Earnings Before Tax	15 354 000	35 935 000	32 369 000	11 535 000
Tax	0	0	0	0
Net Income	15 354 000	35 935 000	32 369 000	11 535 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 777 000	26 685 000	13 926 000	412 000
Total Current Assets	17 005 000	23 965 000	20 768 000	20 952 000
Total Assets	59 781 000	50 650 000	34 693 000	21 363 000
Total Retained Equity	56 686 000	50 331 000	33 697 000	13 378 000
Total Equity	56 716 000	50 361 000	33 727 000	13 408 000
Total Long-Term Debt	2 000 000	0	0	1 445 000
Total Current Debt	1 066 000	288 000	967 000	6 511 000
Total Equity and Debt	59 781 000	50 650 000	34 693 000	21 363 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	11 000	0	8 000	212 000
Revenue	11 000	0	8 000	212 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	279 000	166 000	47 000	177 000
Operating Profit	−268 000	−166 000	−39 000	35 000
Financial Income	16 483 000	36 117 000	32 485 000	11 576 000
Financial Costs	861 000	17 000	78 000	76 000
Financial Balance	15 622 000	36 100 000	32 407 000	11 500 000
Dividends	0	0	0	3 050 000
Net Income	15 354 000	35 935 000	32 369 000	11 535 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	26 273 000	13 514 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 777 000	382 000	382 000	382 000
Total Tangible Assets	42 777 000	26 655 000	13 896 000	382 000
Total Fiancial Fixed Assets	0	30 000	30 000	30 000
Total Fixed Assets	42 777 000	26 685 000	13 926 000	412 000
Stock	0	0	0	8 017 000
Total Investments	4 340 000	11 715 000	1 816 000	79 000
Cash, Bank	4 543 000	4 410 000	16 440 000	3 361 000
Total Current Assets	17 005 000	23 965 000	20 768 000	20 952 000
Total Assets	59 781 000	50 650 000	34 693 000	21 363 000
Total Equity	56 716 000	50 361 000	33 727 000	13 408 000
Short-Term Group Debt	131 000	0	0	0
Total Long-Term Debt	2 000 000	0	0	1 445 000
Creditors	26 000	4 000	0	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	3 050 000
Other Current Debt	9 000	284 000	967 000	3 456 000
Total Current Debt	1 066 000	288 000	967 000	6 511 000
Total Equity and Debt	59 781 000	50 650 000	34 693 000	21 363 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,07 %	71,35 %	95,97 %	86,03 %
Debt-to-Equity Ratio	0,04	0	0	0,11
Operating Profit Margin	−2 436,36 %	-	−487,5 %	16,51 %
Current Ratio	15,95	83,21	21,48	3,22
Quick Ratio	15,95	83,21	21,48	−13,91
Equity Ratio	0,95	0,99	0,97	0,63
Gross Profit Margin	100 %	-	100 %	100 %