FARSUND RETAIL V AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

−38,7 %

Current Ratio

4,97

Debt-to-Equity Ratio

1,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 664 000	4 718 000	3 381 000	1 861 000
Net Income	−454 000	−153 000	−440 000	−1 036 000
Total Assets	3 019 000	2 973 000	2 408 000	1 693 000
Total Equity	1 173 000	826 000	980 000	1 419 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 664 000	4 718 000	3 381 000	1 861 000
Expenditure	5 110 000	4 868 000	3 814 000	2 895 000
Operating Profit	−446 000	−151 000	−435 000	−1 034 000
Financial Income	4 000	6 000	2 000	0
Financial Costs	11 000	9 000	8 000	2 000
Financial Balance	−7 000	−3 000	−6 000	−2 000
Earnings Before Tax	−454 000	−153 000	−440 000	−1 036 000
Tax	0	0	0	0
Net Income	−454 000	−153 000	−440 000	−1 036 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	66 000	54 000	212 000
Total Current Assets	2 984 000	2 906 000	2 353 000	1 481 000
Total Assets	3 019 000	2 973 000	2 408 000	1 693 000
Total Retained Equity	0	0	0	0
Total Equity	1 173 000	826 000	980 000	1 419 000
Total Long-Term Debt	1 245 000	1 435 000	815 000	0
Total Current Debt	601 000	711 000	613 000	273 000
Total Equity and Debt	3 019 000	2 973 000	2 408 000	1 693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 664 000	4 718 000	3 381 000	1 861 000
Other Income	0	0	0	0
Revenue	4 664 000	4 718 000	3 381 000	1 861 000
Cost of Goods Sold	2 979 000	2 900 000	2 049 000	1 400 000
Salary Costs	1 103 000	1 014 000	948 000	884 000
Depreciation	31 000	28 000	8 000	2 000
Impairment	0	0	0	0
Expenditure	5 110 000	4 868 000	3 814 000	2 895 000
Operating Profit	−446 000	−151 000	−435 000	−1 034 000
Financial Income	4 000	6 000	2 000	0
Financial Costs	11 000	9 000	8 000	2 000
Financial Balance	−7 000	−3 000	−6 000	−2 000
Dividends	0	0	0	0
Net Income	−454 000	−153 000	−440 000	−1 036 000

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	35 000	66 000	54 000	27 000
Total Tangible Assets	35 000	66 000	54 000	27 000
Total Fiancial Fixed Assets	0	0	0	185 000
Total Fixed Assets	35 000	66 000	54 000	212 000
Stock	2 162 000	2 079 000	1 464 000	1 160 000
Total Investments	0	0	0	0
Cash, Bank	737 000	753 000	798 000	268 000
Total Current Assets	2 984 000	2 906 000	2 353 000	1 481 000
Total Assets	3 019 000	2 973 000	2 408 000	1 693 000
Total Equity	1 173 000	826 000	980 000	1 419 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 245 000	1 435 000	815 000	0
Creditors	198 000	223 000	247 000	65 000
Unpaid Taxes	175 000	223 000	181 000	99 000
Dividends	0	0	0	0
Other Current Debt	228 000	265 000	186 000	109 000
Total Current Debt	601 000	711 000	613 000	273 000
Total Equity and Debt	3 019 000	2 973 000	2 408 000	1 693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,7 %	−18,52 %	−44,9 %	−73,01 %
Debt-to-Equity Ratio	1,06	1,74	0,83	0
Operating Profit Margin	−9,56 %	−3,2 %	−12,87 %	−55,56 %
Current Ratio	4,97	4,09	3,84	5,42
Quick Ratio	−1,91	−2,12	−2,76	−1,67
Equity Ratio	0,39	0,28	0,41	0,84
Gross Profit Margin	36,13 %	38,53 %	39,4 %	24,77 %