FARSOTTEN AS

4625 FLEKKERØY

Finances

Share Ownership

Return on Equity

52,68 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 992 000	5 825 000	5 142 000	3 701 000
Net Income	118 000	391 000	635 000	200 000
Total Assets	948 000	1 750 000	1 686 000	1 257 000
Total Equity	224 000	207 000	316 000	80 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 992 000	5 825 000	5 142 000	3 701 000
Expenditure	4 839 000	5 321 000	4 326 000	3 444 000
Operating Profit	154 000	503 000	815 000	257 000
Financial Income	0	0	0	0
Financial Costs	3 000	2 000	0	1 000
Financial Balance	−3 000	−2 000	0	−1 000
Earnings Before Tax	152 000	501 000	814 000	257 000
Tax	34 000	110 000	179 000	57 000
Net Income	118 000	391 000	635 000	200 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	212 000	270 000	224 000	280 000
Total Current Assets	735 000	1 480 000	1 462 000	977 000
Total Assets	948 000	1 750 000	1 686 000	1 257 000
Total Retained Equity	194 000	177 000	286 000	50 000
Total Equity	224 000	207 000	316 000	80 000
Total Long-Term Debt	0	34 000	144 000	250 000
Total Current Debt	723 000	1 509 000	1 227 000	927 000
Total Equity and Debt	948 000	1 750 000	1 686 000	1 257 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 992 000	5 825 000	5 142 000	3 701 000
Other Income	0	0	0	0
Revenue	4 992 000	5 825 000	5 142 000	3 701 000
Cost of Goods Sold	3 328 000	3 915 000	3 318 000	2 357 000
Salary Costs	684 000	561 000	289 000	395 000
Depreciation	58 000	73 000	56 000	70 000
Impairment	0	0	0	0
Expenditure	4 839 000	5 321 000	4 326 000	3 444 000
Operating Profit	154 000	503 000	815 000	257 000
Financial Income	0	0	0	0
Financial Costs	3 000	2 000	0	1 000
Financial Balance	−3 000	−2 000	0	−1 000
Dividends	100 000	500 000	400 000	150 000
Net Income	118 000	391 000	635 000	200 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	143 000	179 000	224 000	280 000
Total Intangible Assets	143 000	179 000	224 000	280 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 000	90 000	0	0
Total Tangible Assets	69 000	90 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	212 000	270 000	224 000	280 000
Stock	94 000	58 000	55 000	53 000
Total Investments	0	0	0	0
Cash, Bank	551 000	1 325 000	1 332 000	816 000
Total Current Assets	735 000	1 480 000	1 462 000	977 000
Total Assets	948 000	1 750 000	1 686 000	1 257 000
Total Equity	224 000	207 000	316 000	80 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	34 000	144 000	250 000
Creditors	322 000	541 000	346 000	328 000
Unpaid Taxes	174 000	305 000	252 000	188 000
Dividends	100 000	500 000	400 000	150 000
Other Current Debt	193 000	552 000	450 000	355 000
Total Current Debt	723 000	1 509 000	1 227 000	927 000
Total Equity and Debt	948 000	1 750 000	1 686 000	1 257 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,68 %	188,89 %	200,95 %	250 %
Debt-to-Equity Ratio	0	0,16	0,46	3,13
Operating Profit Margin	3,08 %	8,64 %	15,85 %	6,94 %
Current Ratio	1,02	0,98	1,19	1,05
Quick Ratio	1,17	1,02	1,25	1,12
Equity Ratio	0,24	0,12	0,19	0,06
Gross Profit Margin	33,33 %	32,79 %	35,47 %	36,31 %