FARSTAD LYD AS

6292 KJERSTAD

Finances

Share Ownership

Return on Equity

28,65 %

Current Ratio

0,26

Debt-to-Equity Ratio

1,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 338 000	503 000	370 000	1 143 000
Net Income	55 000	−63 000	−204 000	−79 000
Total Assets	627 000	410 000	43 000	140 000
Total Equity	192 000	137 000	−291 000	−283 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 338 000	503 000	370 000	1 143 000
Expenditure	1 258 000	552 000	553 000	1 220 000
Operating Profit	80 000	−48 000	−182 000	−77 000
Financial Income	2 000	3 000	4 000	2 000
Financial Costs	27 000	18 000	26 000	19 000
Financial Balance	−25 000	−15 000	−22 000	−17 000
Earnings Before Tax	55 000	−63 000	−204 000	−94 000
Tax	0	0	0	−16 000
Net Income	55 000	−63 000	−204 000	−79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	586 000	537 000	491 000	479 000
Total Current Assets	41 000	−126 000	−448 000	−339 000
Total Assets	627 000	410 000	43 000	140 000
Total Retained Equity	−329 000	−383 000	−321 000	−313 000
Total Equity	192 000	137 000	−291 000	−283 000
Total Long-Term Debt	281 000	141 000	198 000	248 000
Total Current Debt	155 000	133 000	136 000	175 000
Total Equity and Debt	627 000	410 000	43 000	140 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 338 000	446 000	287 000	1 143 000
Other Income	0	57 000	82 000	0
Revenue	1 338 000	503 000	370 000	1 143 000
Cost of Goods Sold	135 000	0	12 000	13 000
Salary Costs	95 000	1 000	95 000	352 000
Depreciation	284 000	234 000	208 000	144 000
Impairment	0	0	0	0
Expenditure	1 258 000	552 000	553 000	1 220 000
Operating Profit	80 000	−48 000	−182 000	−77 000
Financial Income	2 000	3 000	4 000	2 000
Financial Costs	27 000	18 000	26 000	19 000
Financial Balance	−25 000	−15 000	−22 000	−17 000
Dividends	0	0	0	0
Net Income	55 000	−63 000	−204 000	−79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	465 000	0	0	0
Fixtures	121 000	537 000	491 000	463 000
Total Tangible Assets	586 000	537 000	491 000	463 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	586 000	537 000	491 000	479 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	1 000	26 000	7 000
Total Current Assets	41 000	−126 000	−448 000	−339 000
Total Assets	627 000	410 000	43 000	140 000
Total Equity	192 000	137 000	−291 000	−283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	281 000	141 000	198 000	248 000
Creditors	55 000	117 000	58 000	106 000
Unpaid Taxes	17 000	2 000	4 000	31 000
Dividends	0	0	0	0
Other Current Debt	83 000	13 000	74 000	38 000
Total Current Debt	155 000	133 000	136 000	175 000
Total Equity and Debt	627 000	410 000	43 000	140 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,65 %	−45,99 %	70,1 %	27,92 %
Debt-to-Equity Ratio	1,46	1,03	−0,68	−0,88
Operating Profit Margin	5,98 %	−9,54 %	−49,19 %	−6,74 %
Current Ratio	0,26	−0,95	−3,29	−1,94
Quick Ratio	0,26	−0,95	−3,29	−1,94
Equity Ratio	0,31	0,33	−6,77	−2,02
Gross Profit Margin	89,91 %	100 %	96,76 %	98,86 %