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4550 FARSUND

Finances

Share Ownership

Return on Equity

−27,29 %

Current Ratio

1,72

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 811 000	6 386 000	4 311 000	426 000
Net Income	−486 000	943 000	927 000	−1 063 000
Total Assets	3 084 000	5 435 000	3 308 000	1 375 000
Total Equity	1 781 000	2 267 000	−176 000	−1 103 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 811 000	6 386 000	4 311 000	426 000
Expenditure	8 130 000	5 205 000	3 368 000	1 468 000
Operating Profit	−317 000	1 181 000	943 000	−1 041 000
Financial Income	0	0	0	0
Financial Costs	168 000	37 000	16 000	22 000
Financial Balance	−168 000	−37 000	−16 000	−22 000
Earnings Before Tax	−486 000	1 144 000	927 000	−1 063 000
Tax	0	201 000	0	0
Net Income	−486 000	943 000	927 000	−1 063 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 594 000	449 000	310 000	90 000
Total Current Assets	1 490 000	4 986 000	2 998 000	1 285 000
Total Assets	3 084 000	5 435 000	3 308 000	1 375 000
Total Retained Equity	237 000	722 000	−221 000	−1 148 000
Total Equity	1 781 000	2 267 000	−176 000	−1 103 000
Total Long-Term Debt	439 000	805 000	2 765 000	2 000 000
Total Current Debt	865 000	2 363 000	719 000	478 000
Total Equity and Debt	3 084 000	5 435 000	3 308 000	1 375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 811 000	6 386 000	4 311 000	426 000
Other Income	0	0	0	0
Revenue	7 811 000	6 386 000	4 311 000	426 000
Cost of Goods Sold	2 800 000	2 029 000	1 274 000	787 000
Salary Costs	1 287 000	754 000	0	0
Depreciation	356 000	129 000	76 000	11 000
Impairment	0	0	0	0
Expenditure	8 130 000	5 205 000	3 368 000	1 468 000
Operating Profit	−317 000	1 181 000	943 000	−1 041 000
Financial Income	0	0	0	0
Financial Costs	168 000	37 000	16 000	22 000
Financial Balance	−168 000	−37 000	−16 000	−22 000
Dividends	0	0	0	0
Net Income	−486 000	943 000	927 000	−1 063 000

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	1 594 000	449 000	310 000	90 000
Total Tangible Assets	1 594 000	449 000	310 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 594 000	449 000	310 000	90 000
Stock	4 797 000	4 935 000	2 784 000	1 285 000
Total Investments	0	0	0	0
Cash, Bank	−3 687 000	2 000	0	0
Total Current Assets	1 490 000	4 986 000	2 998 000	1 285 000
Total Assets	3 084 000	5 435 000	3 308 000	1 375 000
Total Equity	1 781 000	2 267 000	−176 000	−1 103 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	439 000	805 000	2 765 000	2 000 000
Creditors	87 000	73 000	25 000	27 000
Unpaid Taxes	559 000	58 000	0	16 000
Dividends	0	0	0	0
Other Current Debt	218 000	64 000	0	38 000
Total Current Debt	865 000	2 363 000	719 000	478 000
Total Equity and Debt	3 084 000	5 435 000	3 308 000	1 375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,29 %	41,6 %	−526,7 %	96,37 %
Debt-to-Equity Ratio	0,25	0,36	−15,71	−1,81
Operating Profit Margin	−4,06 %	18,49 %	21,87 %	−244,37 %
Current Ratio	1,72	2,11	4,17	2,69
Quick Ratio	−0,38	−1,94	−1,45	−1,59
Equity Ratio	0,58	0,42	−0,05	−0,8
Gross Profit Margin	64,15 %	68,23 %	70,45 %	−84,74 %