FARMLAND AS

3440 RØYKEN

Finances

Return on Equity

734,33 %

Current Ratio

1,14

Debt-to-Equity Ratio

−4,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 000	80 000	40 000	50 000
Net Income	−3 444 000	37 000	3 201 000	−112 000
Total Assets	4 074 000	7 566 000	7 457 000	1 802 000
Total Equity	−469 000	2 975 000	2 938 000	−263 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 000	80 000	40 000	50 000
Expenditure	135 000	33 000	24 000	25 000
Operating Profit	−92 000	47 000	16 000	25 000
Financial Income	−3 351 000	0	3 725 000	0
Financial Costs	0	0	0	137 000
Financial Balance	−3 351 000	0	3 725 000	−137 000
Earnings Before Tax	−3 443 000	47 000	3 741 000	−112 000
Tax	0	11 000	540 000	0
Net Income	−3 444 000	37 000	3 201 000	−112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 346 000	4 838 000	4 729 000	1 801 000
Total Current Assets	2 729 000	2 728 000	2 728 000	1 000
Total Assets	4 074 000	7 566 000	7 457 000	1 802 000
Total Retained Equity	−493 000	2 950 000	2 913 000	−288 000
Total Equity	−469 000	2 975 000	2 938 000	−263 000
Total Long-Term Debt	2 150 000	2 157 000	2 066 000	2 066 000
Total Current Debt	2 393 000	2 435 000	2 453 000	0
Total Equity and Debt	4 074 000	7 566 000	7 457 000	1 802 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 000	80 000	40 000	0
Other Income	0	0	0	50 000
Revenue	43 000	80 000	40 000	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	1 000	0	12 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	135 000	33 000	24 000	25 000
Operating Profit	−92 000	47 000	16 000	25 000
Financial Income	−3 351 000	0	3 725 000	0
Financial Costs	0	0	0	137 000
Financial Balance	−3 351 000	0	3 725 000	−137 000
Dividends	0	0	0	0
Net Income	−3 444 000	37 000	3 201 000	−112 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 346 000	4 838 000	4 729 000	1 801 000
Total Fixed Assets	1 346 000	4 838 000	4 729 000	1 801 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	2 000	3 000	1 000
Total Current Assets	2 729 000	2 728 000	2 728 000	1 000
Total Assets	4 074 000	7 566 000	7 457 000	1 802 000
Total Equity	−469 000	2 975 000	2 938 000	−263 000
Short-Term Group Debt	2 453 000	2 453 000	2 453 000	0
Total Long-Term Debt	2 150 000	2 157 000	2 066 000	2 066 000
Creditors	0	1 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	2 393 000	2 435 000	2 453 000	0
Total Equity and Debt	4 074 000	7 566 000	7 457 000	1 802 000

Financial indicators	2022	2021	2020	2019
Return on Equity	734,33 %	1,24 %	108,95 %	42,59 %
Debt-to-Equity Ratio	−4,58	0,73	0,7	−7,86
Operating Profit Margin	−213,95 %	58,75 %	40 %	50 %
Current Ratio	1,14	1,12	1,11	-
Quick Ratio	1,14	1,12	1,11	-
Equity Ratio	−0,12	0,39	0,39	−0,15
Gross Profit Margin	100 %	100 %	100 %	100 %