FARSTAD BIL AS

6444 FARSTAD

Finances

Share Ownership

Return on Equity

21,47 %

Current Ratio

1,14

Debt-to-Equity Ratio

3,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 700 000	14 725 000	12 988 000	13 987 000
Net Income	178 000	601 000	574 000	326 000
Total Assets	5 536 000	6 426 000	6 831 000	6 692 000
Total Equity	829 000	1 162 000	801 000	627 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 700 000	14 725 000	12 988 000	13 987 000
Expenditure	15 308 000	13 810 000	12 073 000	13 299 000
Operating Profit	391 000	915 000	916 000	689 000
Financial Income	3 000	3 000	13 000	5 000
Financial Costs	165 000	147 000	193 000	272 000
Financial Balance	−162 000	−144 000	−180 000	−267 000
Earnings Before Tax	229 000	770 000	736 000	422 000
Tax	50 000	169 000	162 000	97 000
Net Income	178 000	601 000	574 000	326 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 897 000	4 097 000	4 228 000	4 427 000
Total Current Assets	1 639 000	2 329 000	2 604 000	2 266 000
Total Assets	5 536 000	6 426 000	6 831 000	6 692 000
Total Retained Equity	680 000	712 000	351 000	177 000
Total Equity	829 000	1 162 000	801 000	627 000
Total Long-Term Debt	3 273 000	3 687 000	4 155 000	4 704 000
Total Current Debt	1 435 000	1 577 000	1 875 000	1 360 000
Total Equity and Debt	5 536 000	6 426 000	6 831 000	6 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 745 000	14 609 000	12 899 000	13 977 000
Other Income	−45 000	116 000	89 000	11 000
Revenue	15 700 000	14 725 000	12 988 000	13 987 000
Cost of Goods Sold	10 254 000	8 793 000	7 631 000	8 727 000
Salary Costs	3 642 000	3 551 000	3 141 000	3 317 000
Depreciation	302 000	275 000	254 000	246 000
Impairment	0	0	0	0
Expenditure	15 308 000	13 810 000	12 073 000	13 299 000
Operating Profit	391 000	915 000	916 000	689 000
Financial Income	3 000	3 000	13 000	5 000
Financial Costs	165 000	147 000	193 000	272 000
Financial Balance	−162 000	−144 000	−180 000	−267 000
Dividends	210 000	240 000	400 000	165 000
Net Income	178 000	601 000	574 000	326 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 040 000	3 160 000	3 280 000	3 400 000
Machinery and Plant Facilities	66 000	48 000	0	0
Fixtures	791 000	889 000	948 000	1 027 000
Total Tangible Assets	3 897 000	4 097 000	4 228 000	4 427 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 897 000	4 097 000	4 228 000	4 427 000
Stock	825 000	683 000	756 000	640 000
Total Investments	0	0	0	0
Cash, Bank	692 000	1 539 000	1 817 000	1 460 000
Total Current Assets	1 639 000	2 329 000	2 604 000	2 266 000
Total Assets	5 536 000	6 426 000	6 831 000	6 692 000
Total Equity	829 000	1 162 000	801 000	627 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 273 000	3 687 000	4 155 000	4 704 000
Creditors	393 000	443 000	416 000	368 000
Unpaid Taxes	411 000	390 000	540 000	453 000
Dividends	210 000	240 000	400 000	165 000
Other Current Debt	366 000	342 000	369 000	337 000
Total Current Debt	1 435 000	1 577 000	1 875 000	1 360 000
Total Equity and Debt	5 536 000	6 426 000	6 831 000	6 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,47 %	51,72 %	71,66 %	51,99 %
Debt-to-Equity Ratio	3,95	3,17	5,19	7,5
Operating Profit Margin	2,49 %	6,21 %	7,05 %	4,93 %
Current Ratio	1,14	1,48	1,39	1,67
Quick Ratio	2,69	2,61	2,33	3,15
Equity Ratio	0,15	0,18	0,12	0,09
Gross Profit Margin	34,69 %	40,29 %	41,25 %	37,61 %