FAR SEAFOOD AS

4407 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

−34,1 %

Current Ratio

7,08

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	491 000	255 000	1 455 000	1 150 000
Net Income	−534 000	−484 000	68 000	−80 000
Total Assets	3 278 000	2 055 000	2 555 000	1 514 000
Total Equity	1 566 000	499 000	983 000	915 000

Income (NOK)	2022	2021	2020	2019
Revenue	491 000	255 000	1 455 000	1 150 000
Expenditure	957 000	738 000	1 381 000	1 227 000
Operating Profit	−465 000	−484 000	73 000	−77 000
Financial Income	0	0	0	0
Financial Costs	69 000	0	5 000	3 000
Financial Balance	−69 000	0	−5 000	−3 000
Earnings Before Tax	−534 000	−484 000	68 000	−80 000
Tax	0	0	0	0
Net Income	−534 000	−484 000	68 000	−80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 779 000	1 848 000	1 889 000	1 049 000
Total Current Assets	1 500 000	207 000	666 000	465 000
Total Assets	3 278 000	2 055 000	2 555 000	1 514 000
Total Retained Equity	−1 030 000	−496 000	−11 000	−80 000
Total Equity	1 566 000	499 000	983 000	915 000
Total Long-Term Debt	1 500 000	1 500 000	1 500 000	500 000
Total Current Debt	212 000	56 000	72 000	99 000
Total Equity and Debt	3 278 000	2 055 000	2 555 000	1 514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	390 000	255 000	580 000	0
Other Income	102 000	0	875 000	1 150 000
Revenue	491 000	255 000	1 455 000	1 150 000
Cost of Goods Sold	410 000	121 000	189 000	29 000
Salary Costs	110 000	208 000	583 000	665 000
Depreciation	53 000	62 000	62 000	154 000
Impairment	0	0	0	0
Expenditure	957 000	738 000	1 381 000	1 227 000
Operating Profit	−465 000	−484 000	73 000	−77 000
Financial Income	0	0	0	0
Financial Costs	69 000	0	5 000	3 000
Financial Balance	−69 000	0	−5 000	−3 000
Dividends	0	0	0	0
Net Income	−534 000	−484 000	68 000	−80 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 500 000	1 500 000	1 500 000	1 000 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	252 000	285 000	318 000	32 000
Fixtures	26 000	62 000	70 000	17 000
Total Tangible Assets	279 000	348 000	389 000	49 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 779 000	1 848 000	1 889 000	1 049 000
Stock	135 000	130 000	117 000	0
Total Investments	0	0	0	0
Cash, Bank	1 309 000	40 000	524 000	465 000
Total Current Assets	1 500 000	207 000	666 000	465 000
Total Assets	3 278 000	2 055 000	2 555 000	1 514 000
Total Equity	1 566 000	499 000	983 000	915 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 500 000	1 500 000	1 500 000	500 000
Creditors	−1 000	−2 000	33 000	13 000
Unpaid Taxes	5 000	5 000	−27 000	20 000
Dividends	0	0	0	0
Other Current Debt	208 000	53 000	66 000	67 000
Total Current Debt	212 000	56 000	72 000	99 000
Total Equity and Debt	3 278 000	2 055 000	2 555 000	1 514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,1 %	−96,99 %	6,92 %	−8,74 %
Debt-to-Equity Ratio	0,96	3,01	1,53	0,55
Operating Profit Margin	−94,7 %	−189,8 %	5,02 %	−6,7 %
Current Ratio	7,08	3,7	9,25	4,7
Quick Ratio	19,48	−2,8	−14,8	4,7
Equity Ratio	0,48	0,24	0,38	0,6
Gross Profit Margin	16,5 %	52,55 %	87,01 %	97,48 %