FARGER I HARMONI AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

127,19 %

Current Ratio

1,24

Debt-to-Equity Ratio

−0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 580 000	4 967 000	3 688 000	2 150 000
Net Income	1 263 000	655 000	296 000	268 000
Total Assets	2 394 000	1 593 000	1 380 000	932 000
Total Equity	993 000	803 000	283 000	187 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 580 000	4 967 000	3 688 000	2 150 000
Expenditure	3 958 000	4 126 000	3 299 000	1 802 000
Operating Profit	1 622 000	840 000	389 000	348 000
Financial Income	3 000	1 000	1 000	0
Financial Costs	3 000	2 000	9 000	3 000
Financial Balance	0	−1 000	−8 000	−3 000
Earnings Before Tax	1 621 000	840 000	381 000	345 000
Tax	357 000	185 000	85 000	77 000
Net Income	1 263 000	655 000	296 000	268 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	453 000	541 000	44 000	64 000
Total Current Assets	1 941 000	1 052 000	1 336 000	868 000
Total Assets	2 394 000	1 593 000	1 380 000	932 000
Total Retained Equity	963 000	773 000	253 000	157 000
Total Equity	993 000	803 000	283 000	187 000
Total Long-Term Debt	−161 000	18 000	0	1 000
Total Current Debt	1 562 000	772 000	1 097 000	744 000
Total Equity and Debt	2 394 000	1 593 000	1 380 000	932 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 758 000	4 967 000	3 688 000	2 150 000
Other Income	−178 000	0	0	0
Revenue	5 580 000	4 967 000	3 688 000	2 150 000
Cost of Goods Sold	641 000	1 256 000	924 000	418 000
Salary Costs	2 687 000	2 317 000	1 891 000	1 050 000
Depreciation	133 000	53 000	20 000	31 000
Impairment	0	0	0	0
Expenditure	3 958 000	4 126 000	3 299 000	1 802 000
Operating Profit	1 622 000	840 000	389 000	348 000
Financial Income	3 000	1 000	1 000	0
Financial Costs	3 000	2 000	9 000	3 000
Financial Balance	0	−1 000	−8 000	−3 000
Dividends	400 000	135 000	200 000	120 000
Net Income	1 263 000	655 000	296 000	268 000

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	453 000	541 000	44 000	64 000
Total Tangible Assets	453 000	541 000	44 000	64 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	453 000	541 000	44 000	64 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 399 000	1 046 000	870 000	537 000
Total Current Assets	1 941 000	1 052 000	1 336 000	868 000
Total Assets	2 394 000	1 593 000	1 380 000	932 000
Total Equity	993 000	803 000	283 000	187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−161 000	18 000	0	1 000
Creditors	−21 000	6 000	60 000	183 000
Unpaid Taxes	570 000	224 000	354 000	170 000
Dividends	400 000	135 000	200 000	120 000
Other Current Debt	251 000	241 000	396 000	203 000
Total Current Debt	1 562 000	772 000	1 097 000	744 000
Total Equity and Debt	2 394 000	1 593 000	1 380 000	932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	127,19 %	81,57 %	104,59 %	143,32 %
Debt-to-Equity Ratio	−0,16	0,02	0	0,01
Operating Profit Margin	29,07 %	16,91 %	10,55 %	16,19 %
Current Ratio	1,24	1,36	1,22	1,17
Quick Ratio	1,24	1,36	1,22	1,17
Equity Ratio	0,41	0,5	0,21	0,2
Gross Profit Margin	88,51 %	74,71 %	74,95 %	80,56 %