FARMAND TRENINGSSENTER AS

3110 TØNSBERG

Finances

Share Ownership

Return on Equity

46,18 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 893 000	3 046 000	2 938 000	3 389 000
Net Income	133 000	94 000	−147 000	108 000
Total Assets	770 000	740 000	803 000	651 000
Total Equity	288 000	155 000	61 000	208 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 893 000	3 046 000	2 938 000	3 389 000
Expenditure	3 716 000	2 917 000	3 115 000	3 257 000
Operating Profit	176 000	130 000	−177 000	131 000
Financial Income	0	0	0	1 000
Financial Costs	6 000	9 000	5 000	0
Financial Balance	−6 000	−9 000	−5 000	1 000
Earnings Before Tax	170 000	121 000	−182 000	132 000
Tax	37 000	27 000	−35 000	24 000
Net Income	133 000	94 000	−147 000	108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	115 000	190 000	293 000	146 000
Total Current Assets	655 000	550 000	510 000	505 000
Total Assets	770 000	740 000	803 000	651 000
Total Retained Equity	188 000	55 000	−39 000	108 000
Total Equity	288 000	155 000	61 000	208 000
Total Long-Term Debt	114 000	286 000	429 000	0
Total Current Debt	368 000	299 000	313 000	443 000
Total Equity and Debt	770 000	740 000	803 000	651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 893 000	2 906 000	2 713 000	3 389 000
Other Income	0	140 000	226 000	0
Revenue	3 893 000	3 046 000	2 938 000	3 389 000
Cost of Goods Sold	52 000	52 000	72 000	73 000
Salary Costs	1 645 000	1 225 000	1 367 000	1 595 000
Depreciation	48 000	39 000	57 000	24 000
Impairment	0	0	0	0
Expenditure	3 716 000	2 917 000	3 115 000	3 257 000
Operating Profit	176 000	130 000	−177 000	131 000
Financial Income	0	0	0	1 000
Financial Costs	6 000	9 000	5 000	0
Financial Balance	−6 000	−9 000	−5 000	1 000
Dividends	0	0	0	0
Net Income	133 000	94 000	−147 000	108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	8 000	38 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	48 000	87 000	144 000
Total Tangible Assets	0	48 000	87 000	144 000
Total Fiancial Fixed Assets	100 000	134 000	168 000	0
Total Fixed Assets	115 000	190 000	293 000	146 000
Stock	0	0	0	0
Total Investments	0	0	29 000	36 000
Cash, Bank	563 000	493 000	399 000	418 000
Total Current Assets	655 000	550 000	510 000	505 000
Total Assets	770 000	740 000	803 000	651 000
Total Equity	288 000	155 000	61 000	208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	114 000	286 000	429 000	0
Creditors	61 000	44 000	56 000	99 000
Unpaid Taxes	107 000	94 000	102 000	167 000
Dividends	0	0	0	0
Other Current Debt	158 000	137 000	155 000	150 000
Total Current Debt	368 000	299 000	313 000	443 000
Total Equity and Debt	770 000	740 000	803 000	651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,18 %	60,65 %	−240,98 %	51,92 %
Debt-to-Equity Ratio	0,4	1,85	7,03	0
Operating Profit Margin	4,52 %	4,27 %	−6,02 %	3,87 %
Current Ratio	1,78	1,84	1,63	1,14
Quick Ratio	1,78	1,84	1,63	1,14
Equity Ratio	0,37	0,21	0,08	0,32
Gross Profit Margin	98,66 %	98,29 %	97,55 %	97,85 %