FARSTADS MOTORSERVICE AS

6415 MOLDE

Finances

Share Ownership

Return on Equity

23,87 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 371 000	6 490 000	5 821 000	6 700 000
Net Income	285 000	143 000	43 000	185 000
Total Assets	2 759 000	2 245 000	2 045 000	1 963 000
Total Equity	1 194 000	908 000	766 000	722 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 371 000	6 490 000	5 821 000	6 700 000
Expenditure	7 002 000	6 304 000	5 762 000	6 456 000
Operating Profit	368 000	186 000	58 000	244 000
Financial Income	2 000	2 000	6 000	1 000
Financial Costs	5 000	5 000	9 000	7 000
Financial Balance	−3 000	−3 000	−3 000	−6 000
Earnings Before Tax	366 000	183 000	56 000	237 000
Tax	80 000	40 000	12 000	52 000
Net Income	285 000	143 000	43 000	185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	199 000	208 000	203 000	217 000
Total Current Assets	2 560 000	2 036 000	1 842 000	1 746 000
Total Assets	2 759 000	2 245 000	2 045 000	1 963 000
Total Retained Equity	864 000	578 000	436 000	392 000
Total Equity	1 194 000	908 000	766 000	722 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 566 000	1 337 000	1 280 000	1 241 000
Total Equity and Debt	2 759 000	2 245 000	2 045 000	1 963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 323 000	6 442 000	5 765 000	6 653 000
Other Income	48 000	48 000	56 000	47 000
Revenue	7 371 000	6 490 000	5 821 000	6 700 000
Cost of Goods Sold	4 552 000	3 977 000	3 556 000	4 120 000
Salary Costs	1 978 000	1 881 000	1 785 000	1 838 000
Depreciation	5 000	12 000	6 000	39 000
Impairment	0	0	0	0
Expenditure	7 002 000	6 304 000	5 762 000	6 456 000
Operating Profit	368 000	186 000	58 000	244 000
Financial Income	2 000	2 000	6 000	1 000
Financial Costs	5 000	5 000	9 000	7 000
Financial Balance	−3 000	−3 000	−3 000	−6 000
Dividends	0	0	0	0
Net Income	285 000	143 000	43 000	185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	67 000	71 000	78 000
Real Eastate	120 000	120 000	120 000	120 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	21 000	12 000	18 000
Total Tangible Assets	136 000	141 000	132 000	138 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	199 000	208 000	203 000	217 000
Stock	1 393 000	1 316 000	1 243 000	1 049 000
Total Investments	0	0	0	0
Cash, Bank	823 000	591 000	264 000	555 000
Total Current Assets	2 560 000	2 036 000	1 842 000	1 746 000
Total Assets	2 759 000	2 245 000	2 045 000	1 963 000
Total Equity	1 194 000	908 000	766 000	722 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	656 000	611 000	504 000	449 000
Unpaid Taxes	309 000	167 000	142 000	208 000
Dividends	0	0	0	0
Other Current Debt	525 000	521 000	629 000	542 000
Total Current Debt	1 566 000	1 337 000	1 280 000	1 241 000
Total Equity and Debt	2 759 000	2 245 000	2 045 000	1 963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,87 %	15,75 %	5,61 %	25,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,99 %	2,87 %	1 %	3,64 %
Current Ratio	1,63	1,52	1,44	1,41
Quick Ratio	14,8	96,95	49,78	9,09
Equity Ratio	0,43	0,4	0,37	0,37
Gross Profit Margin	38,24 %	38,72 %	38,91 %	38,51 %