FARMER ENTREPRENØR AS

5919 FREKHAUG

Finances

Share Ownership

Return on Equity

−5,97 %

Current Ratio

0,96

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 712 000	7 608 000	4 695 000	2 805 000
Net Income	−105 000	824 000	498 000	305 000
Total Assets	4 177 000	4 553 000	3 290 000	2 329 000
Total Equity	1 760 000	1 865 000	1 041 000	543 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 712 000	7 608 000	4 695 000	2 805 000
Expenditure	6 794 000	6 533 000	4 047 000	2 410 000
Operating Profit	−82 000	1 074 000	649 000	395 000
Financial Income	0	0	0	0
Financial Costs	54 000	18 000	11 000	3 000
Financial Balance	−54 000	−18 000	−11 000	−3 000
Earnings Before Tax	−135 000	1 057 000	638 000	392 000
Tax	−30 000	232 000	140 000	86 000
Net Income	−105 000	824 000	498 000	305 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 912 000	1 529 000	1 969 000	1 128 000
Total Current Assets	2 266 000	3 024 000	1 321 000	1 201 000
Total Assets	4 177 000	4 553 000	3 290 000	2 329 000
Total Retained Equity	1 730 000	1 835 000	1 011 000	513 000
Total Equity	1 760 000	1 865 000	1 041 000	543 000
Total Long-Term Debt	66 000	96 000	90 000	22 000
Total Current Debt	2 351 000	2 591 000	2 158 000	1 764 000
Total Equity and Debt	4 177 000	4 553 000	3 290 000	2 329 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 061 000	7 608 000	4 695 000	2 805 000
Other Income	652 000	0	0	0
Revenue	6 712 000	7 608 000	4 695 000	2 805 000
Cost of Goods Sold	1 711 000	2 608 000	1 228 000	71 000
Salary Costs	2 192 000	1 851 000	1 463 000	1 333 000
Depreciation	322 000	235 000	192 000	159 000
Impairment	0	0	0	0
Expenditure	6 794 000	6 533 000	4 047 000	2 410 000
Operating Profit	−82 000	1 074 000	649 000	395 000
Financial Income	0	0	0	0
Financial Costs	54 000	18 000	11 000	3 000
Financial Balance	−54 000	−18 000	−11 000	−3 000
Dividends	0	0	0	0
Net Income	−105 000	824 000	498 000	305 000

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	1 075 000	1 370 000	1 849 000	1 128 000
Fixtures	67 000	94 000	120 000	0
Total Tangible Assets	1 142 000	1 463 000	1 969 000	1 128 000
Total Fiancial Fixed Assets	770 000	65 000	0	0
Total Fixed Assets	1 912 000	1 529 000	1 969 000	1 128 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	117 000	111 000	206 000	7 000
Total Current Assets	2 266 000	3 024 000	1 321 000	1 201 000
Total Assets	4 177 000	4 553 000	3 290 000	2 329 000
Total Equity	1 760 000	1 865 000	1 041 000	543 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	66 000	96 000	90 000	22 000
Creditors	815 000	2 006 000	1 321 000	1 424 000
Unpaid Taxes	875 000	201 000	460 000	162 000
Dividends	0	0	0	0
Other Current Debt	661 000	158 000	306 000	114 000
Total Current Debt	2 351 000	2 591 000	2 158 000	1 764 000
Total Equity and Debt	4 177 000	4 553 000	3 290 000	2 329 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,97 %	44,18 %	47,84 %	56,17 %
Debt-to-Equity Ratio	0,04	0,05	0,09	0,04
Operating Profit Margin	−1,22 %	14,12 %	13,82 %	14,08 %
Current Ratio	0,96	1,17	0,61	0,68
Quick Ratio	0,96	1,17	0,61	0,68
Equity Ratio	0,42	0,41	0,32	0,23
Gross Profit Margin	74,51 %	65,72 %	73,84 %	97,47 %