FARSTAD ALUMINIUM AS

4331 ÅLGÅRD

Finances

Return on Equity

2,78 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 375 000	25 015 000	14 697 000	15 945 000
Net Income	83 000	1 087 000	72 000	1 026 000
Total Assets	8 106 000	7 640 000	3 818 000	4 036 000
Total Equity	2 985 000	2 902 000	1 815 000	2 143 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 375 000	25 015 000	14 697 000	15 945 000
Expenditure	27 097 000	23 534 000	14 553 000	14 565 000
Operating Profit	278 000	1 481 000	145 000	1 380 000
Financial Income	8 000	0	3 000	2 000
Financial Costs	179 000	88 000	54 000	66 000
Financial Balance	−171 000	−88 000	−51 000	−64 000
Earnings Before Tax	107 000	1 394 000	93 000	1 316 000
Tax	24 000	307 000	21 000	290 000
Net Income	83 000	1 087 000	72 000	1 026 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 107 000	2 392 000	991 000	1 109 000
Total Current Assets	4 998 000	5 248 000	2 827 000	2 928 000
Total Assets	8 106 000	7 640 000	3 818 000	4 036 000
Total Retained Equity	2 585 000	2 502 000	1 415 000	1 343 000
Total Equity	2 985 000	2 902 000	1 815 000	2 143 000
Total Long-Term Debt	0	0	13 000	0
Total Current Debt	5 120 000	4 738 000	1 991 000	1 894 000
Total Equity and Debt	8 106 000	7 640 000	3 818 000	4 036 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 364 000	25 015 000	14 697 000	15 811 000
Other Income	11 000	0	0	134 000
Revenue	27 375 000	25 015 000	14 697 000	15 945 000
Cost of Goods Sold	18 130 000	15 826 000	8 628 000	8 106 000
Salary Costs	5 153 000	4 646 000	3 698 000	4 121 000
Depreciation	162 000	185 000	170 000	154 000
Impairment	0	0	0	0
Expenditure	27 097 000	23 534 000	14 553 000	14 565 000
Operating Profit	278 000	1 481 000	145 000	1 380 000
Financial Income	8 000	0	3 000	2 000
Financial Costs	179 000	88 000	54 000	66 000
Financial Balance	−171 000	−88 000	−51 000	−64 000
Dividends	0	0	0	0
Net Income	83 000	1 087 000	72 000	1 026 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	21 000	0	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	607 000	249 000	599 000	503 000
Fixtures	323 000	394 000	326 000	358 000
Total Tangible Assets	930 000	643 000	925 000	860 000
Total Fiancial Fixed Assets	2 168 000	1 728 000	66 000	229 000
Total Fixed Assets	3 107 000	2 392 000	991 000	1 109 000
Stock	1 790 000	1 063 000	975 000	878 000
Total Investments	0	0	0	0
Cash, Bank	156 000	181 000	136 000	945 000
Total Current Assets	4 998 000	5 248 000	2 827 000	2 928 000
Total Assets	8 106 000	7 640 000	3 818 000	4 036 000
Total Equity	2 985 000	2 902 000	1 815 000	2 143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	13 000	0
Creditors	869 000	1 364 000	588 000	435 000
Unpaid Taxes	1 063 000	678 000	711 000	556 000
Dividends	0	0	0	0
Other Current Debt	844 000	695 000	470 000	577 000
Total Current Debt	5 120 000	4 738 000	1 991 000	1 894 000
Total Equity and Debt	8 106 000	7 640 000	3 818 000	4 036 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,78 %	37,46 %	3,97 %	47,88 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	1,02 %	5,92 %	0,99 %	8,65 %
Current Ratio	0,98	1,11	1,42	1,55
Quick Ratio	1,5	1,43	2,78	2,88
Equity Ratio	0,37	0,38	0,48	0,53
Gross Profit Margin	33,77 %	36,73 %	41,29 %	49,16 %