FARSEKONGEN AS

4355 KVERNALAND

Finances

Return on Equity

49,6 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	246 000	129 000	15 000	63 000
Net Income	62 000	49 000	−10 000	−7 000
Total Assets	329 000	270 000	215 000	224 000
Total Equity	125 000	62 000	14 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	246 000	129 000	15 000	63 000
Expenditure	138 000	71 000	25 000	69 000
Operating Profit	80 000	59 000	−10 000	−6 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	80 000	58 000	−10 000	−7 000
Tax	18 000	10 000	0	0
Net Income	62 000	49 000	−10 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 000	75 000	175 000	200 000
Total Current Assets	222 000	195 000	40 000	24 000
Total Assets	329 000	270 000	215 000	224 000
Total Retained Equity	95 000	32 000	−10 000	0
Total Equity	125 000	62 000	14 000	23 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	204 000	207 000	201 000	200 000
Total Equity and Debt	329 000	270 000	215 000	224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	246 000	109 000	15 000	63 000
Other Income	0	20 000	0	0
Revenue	246 000	129 000	15 000	63 000
Cost of Goods Sold	71 000	47 000	9 000	39 000
Salary Costs	2 000	0	0	5 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	138 000	71 000	25 000	69 000
Operating Profit	80 000	59 000	−10 000	−6 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	62 000	49 000	−10 000	−7 000

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	108 000	75 000	175 000	200 000
Total Fixed Assets	108 000	75 000	175 000	200 000
Stock	37 000	65 000	0	0
Total Investments	0	0	0	0
Cash, Bank	183 000	124 000	32 000	20 000
Total Current Assets	222 000	195 000	40 000	24 000
Total Assets	329 000	270 000	215 000	224 000
Total Equity	125 000	62 000	14 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	3 000	1 000	0
Unpaid Taxes	1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	182 000	195 000	200 000	200 000
Total Current Debt	204 000	207 000	201 000	200 000
Total Equity and Debt	329 000	270 000	215 000	224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,6 %	79,03 %	−71,43 %	−30,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	32,52 %	45,74 %	−66,67 %	−9,52 %
Current Ratio	1,09	0,94	0,2	0,12
Quick Ratio	1,33	1,37	0,2	0,12
Equity Ratio	0,38	0,23	0,07	0,1
Gross Profit Margin	71,14 %	63,57 %	40 %	38,1 %