FARMAR MANAGEMENT AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

14,18 %

Current Ratio

2,12

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	185 852 000	155 850 000	151 543 000	76 285 000
Net Income	4 860 000	7 012 000	25 219 000	−3 758 000
Total Assets	77 402 000	67 100 000	88 861 000	63 964 000
Total Equity	34 264 000	29 404 000	26 292 000	8 163 000

Income (NOK)	2022	2021	2020	2019
Revenue	185 852 000	155 850 000	151 543 000	76 285 000
Expenditure	180 526 000	146 406 000	118 873 000	79 919 000
Operating Profit	5 326 000	9 444 000	32 669 000	−3 634 000
Financial Income	1 944 000	208 000	330 000	473 000
Financial Costs	1 031 000	669 000	609 000	1 749 000
Financial Balance	913 000	−461 000	−279 000	−1 276 000
Earnings Before Tax	6 239 000	8 983 000	32 390 000	−4 909 000
Tax	1 380 000	1 971 000	7 171 000	−1 152 000
Net Income	4 860 000	7 012 000	25 219 000	−3 758 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	595 000	434 000	505 000	1 714 000
Total Current Assets	76 807 000	66 666 000	88 356 000	62 250 000
Total Assets	77 402 000	67 100 000	88 861 000	63 964 000
Total Retained Equity	26 200 000	21 340 000	18 228 000	−2 901 000
Total Equity	34 264 000	29 404 000	26 292 000	8 163 000
Total Long-Term Debt	6 848 000	1 126 000	36 608 000	38 314 000
Total Current Debt	36 291 000	36 570 000	25 961 000	17 487 000
Total Equity and Debt	77 402 000	67 100 000	88 861 000	63 964 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	185 852 000	155 850 000	141 846 000	76 285 000
Other Income	0	0	9 696 000	0
Revenue	185 852 000	155 850 000	151 543 000	76 285 000
Cost of Goods Sold	64 445 000	56 496 000	42 446 000	24 339 000
Salary Costs	60 955 000	49 691 000	37 520 000	30 161 000
Depreciation	269 000	111 000	61 000	3 393 000
Impairment	0	0	0	0
Expenditure	180 526 000	146 406 000	118 873 000	79 919 000
Operating Profit	5 326 000	9 444 000	32 669 000	−3 634 000
Financial Income	1 944 000	208 000	330 000	473 000
Financial Costs	1 031 000	669 000	609 000	1 749 000
Financial Balance	913 000	−461 000	−279 000	−1 276 000
Dividends	0	0	0	0
Net Income	4 860 000	7 012 000	25 219 000	−3 758 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 104 000
Real Eastate	219 000	255 000	291 000	328 000
Machinery and Plant Facilities	272 000	0	0	0
Fixtures	104 000	179 000	213 000	0
Total Tangible Assets	595 000	434 000	505 000	328 000
Total Fiancial Fixed Assets	0	0	0	282 000
Total Fixed Assets	595 000	434 000	505 000	1 714 000
Stock	291 000	853 000	486 000	1 370 000
Total Investments	0	0	0	0
Cash, Bank	17 062 000	13 297 000	15 598 000	1 221 000
Total Current Assets	76 807 000	66 666 000	88 356 000	62 250 000
Total Assets	77 402 000	67 100 000	88 861 000	63 964 000
Total Equity	34 264 000	29 404 000	26 292 000	8 163 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 848 000	1 126 000	36 608 000	38 314 000
Creditors	16 008 000	18 152 000	10 612 000	7 603 000
Unpaid Taxes	5 910 000	8 716 000	5 565 000	1 888 000
Dividends	0	0	0	0
Other Current Debt	12 714 000	8 509 000	6 317 000	2 452 000
Total Current Debt	36 291 000	36 570 000	25 961 000	17 487 000
Total Equity and Debt	77 402 000	67 100 000	88 861 000	63 964 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,18 %	23,85 %	95,92 %	−46,04 %
Debt-to-Equity Ratio	0,2	0,04	1,39	4,69
Operating Profit Margin	2,87 %	6,06 %	21,56 %	−4,76 %
Current Ratio	2,12	1,82	3,4	3,56
Quick Ratio	2,13	1,87	3,47	3,86
Equity Ratio	0,44	0,44	0,3	0,13
Gross Profit Margin	65,32 %	63,75 %	71,99 %	68,09 %