FARMAND AS

0375 OSLO

Finances

Share Ownership

Return on Equity

20,97 %

Current Ratio

0,32

Debt-to-Equity Ratio

−1,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	500 000	709 000	609 000	1 169 000
Net Income	−147 000	−37 000	179 000	−202 000
Total Assets	850 000	974 000	820 000	787 000
Total Equity	−701 000	−555 000	−518 000	−698 000

Income (NOK)	2022	2021	2020	2019
Revenue	500 000	709 000	609 000	1 169 000
Expenditure	645 000	710 000	318 000	1 273 000
Operating Profit	−146 000	−1 000	291 000	−104 000
Financial Income	0	0	0	0
Financial Costs	0	36 000	109 000	97 000
Financial Balance	0	−36 000	−109 000	−97 000
Earnings Before Tax	−146 000	−37 000	182 000	−202 000
Tax	1 000	0	3 000	0
Net Income	−147 000	−37 000	179 000	−202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	701 000	701 000	701 000	700 000
Total Current Assets	149 000	273 000	119 000	87 000
Total Assets	850 000	974 000	820 000	787 000
Total Retained Equity	−731 000	−585 000	−548 000	−728 000
Total Equity	−701 000	−555 000	−518 000	−698 000
Total Long-Term Debt	1 078 000	1 077 000	1 077 000	979 000
Total Current Debt	473 000	451 000	261 000	507 000
Total Equity and Debt	850 000	974 000	820 000	787 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	500 000	709 000	609 000	1 169 000
Other Income	0	0	0	0
Revenue	500 000	709 000	609 000	1 169 000
Cost of Goods Sold	42 000	55 000	30 000	201 000
Salary Costs	516 000	508 000	138 000	834 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	645 000	710 000	318 000	1 273 000
Operating Profit	−146 000	−1 000	291 000	−104 000
Financial Income	0	0	0	0
Financial Costs	0	36 000	109 000	97 000
Financial Balance	0	−36 000	−109 000	−97 000
Dividends	0	0	0	0
Net Income	−147 000	−37 000	179 000	−202 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	700 000	700 000	700 000	700 000
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	1 000	1 000	1 000	0
Total Fixed Assets	701 000	701 000	701 000	700 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	26 000	256 000	127 000	56 000
Total Current Assets	149 000	273 000	119 000	87 000
Total Assets	850 000	974 000	820 000	787 000
Total Equity	−701 000	−555 000	−518 000	−698 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 078 000	1 077 000	1 077 000	979 000
Creditors	50 000	48 000	170 000	227 000
Unpaid Taxes	21 000	60 000	46 000	203 000
Dividends	0	0	0	0
Other Current Debt	400 000	340 000	43 000	77 000
Total Current Debt	473 000	451 000	261 000	507 000
Total Equity and Debt	850 000	974 000	820 000	787 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,97 %	6,67 %	−34,56 %	28,94 %
Debt-to-Equity Ratio	−1,54	−1,94	−2,08	−1,4
Operating Profit Margin	−29,2 %	−0,14 %	47,78 %	−8,9 %
Current Ratio	0,32	0,61	0,46	0,17
Quick Ratio	0,32	0,61	0,46	0,17
Equity Ratio	−0,82	−0,57	−0,63	−0,89
Gross Profit Margin	91,6 %	92,24 %	95,07 %	82,81 %