FAIR GROUP AS

0585 OSLO

Finances

Return on Equity

100,27 %

Current Ratio

1,1

Debt-to-Equity Ratio

−8,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 040 000	10 826 000	8 626 000	5 174 000
Net Income	−2 935 000	−3 348 000	−4 064 000	−964 000
Total Assets	46 929 000	47 522 000	39 751 000	26 881 000
Total Equity	−2 927 000	8 000	−2 644 000	1 421 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 040 000	10 826 000	8 626 000	5 174 000
Expenditure	8 098 000	15 600 000	12 275 000	5 904 000
Operating Profit	−2 058 000	−4 774 000	−3 649 000	−730 000
Financial Income	6 500 000	2 360 000	0	6 000
Financial Costs	6 935 000	1 877 000	1 558 000	512 000
Financial Balance	−435 000	483 000	−1 558 000	−506 000
Earnings Before Tax	−2 492 000	−4 291 000	−5 206 000	−1 236 000
Tax	443 000	−943 000	−1 142 000	−272 000
Net Income	−2 935 000	−3 348 000	−4 064 000	−964 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 278 000	24 988 000	24 846 000	19 744 000
Total Current Assets	26 650 000	22 534 000	14 905 000	7 138 000
Total Assets	46 929 000	47 522 000	39 751 000	26 881 000
Total Retained Equity	−11 957 000	−9 022 000	−5 674 000	−1 609 000
Total Equity	−2 927 000	8 000	−2 644 000	1 421 000
Total Long-Term Debt	25 719 000	22 834 000	22 038 000	16 377 000
Total Current Debt	24 136 000	24 680 000	20 356 000	9 084 000
Total Equity and Debt	46 929 000	47 522 000	39 751 000	26 881 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 040 000	10 826 000	8 626 000	5 124 000
Other Income	0	0	0	50 000
Revenue	6 040 000	10 826 000	8 626 000	5 174 000
Cost of Goods Sold	5 905 000	7 758 000	7 571 000	4 562 000
Salary Costs	0	0	0	0
Depreciation	419 000	419 000	415 000	99 000
Impairment	0	0	0	0
Expenditure	8 098 000	15 600 000	12 275 000	5 904 000
Operating Profit	−2 058 000	−4 774 000	−3 649 000	−730 000
Financial Income	6 500 000	2 360 000	0	6 000
Financial Costs	6 935 000	1 877 000	1 558 000	512 000
Financial Balance	−435 000	483 000	−1 558 000	−506 000
Dividends	0	0	0	0
Net Income	−2 935 000	−3 348 000	−4 064 000	−964 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 901 000	5 762 000	5 237 000	4 385 000
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	15 378 000	19 226 000	19 609 000	15 359 000
Total Fixed Assets	20 278 000	24 988 000	24 846 000	19 744 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	511 000
Total Current Assets	26 650 000	22 534 000	14 905 000	7 138 000
Total Assets	46 929 000	47 522 000	39 751 000	26 881 000
Total Equity	−2 927 000	8 000	−2 644 000	1 421 000
Short-Term Group Debt	0	0	620 000	620 000
Total Long-Term Debt	25 719 000	22 834 000	22 038 000	16 377 000
Creditors	3 639 000	5 170 000	3 452 000	6 647 000
Unpaid Taxes	11 000	0	279 000	0
Dividends	0	0	0	0
Other Current Debt	144 000	0	551 000	1 817 000
Total Current Debt	24 136 000	24 680 000	20 356 000	9 084 000
Total Equity and Debt	46 929 000	47 522 000	39 751 000	26 881 000

Financial indicators	2022	2021	2020	2019
Return on Equity	100,27 %	−41 850 %	153,71 %	−67,84 %
Debt-to-Equity Ratio	−8,79	2 854,25	−8,34	11,52
Operating Profit Margin	−34,07 %	−44,1 %	−42,3 %	−14,11 %
Current Ratio	1,1	0,91	0,73	0,79
Quick Ratio	1,1	0,91	0,73	0,79
Equity Ratio	−0,06	0	−0,07	0,05
Gross Profit Margin	2,24 %	28,34 %	12,23 %	11,83 %