FAVRIT AS

0369 OSLO

Finances

Return on Equity

−113,47 %

Current Ratio

3,26

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 891 000	11 580 000	5 494 000	105 000
Net Income	−74 973 000	−41 091 000	−8 405 000	−137 000
Total Assets	80 598 000	112 391 000	18 329 000	7 965 000
Total Equity	66 074 000	99 270 000	10 361 000	7 319 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 891 000	11 580 000	5 494 000	105 000
Expenditure	63 689 000	52 655 000	15 430 000	977 000
Operating Profit	−49 798 000	−41 075 000	−9 937 000	−873 000
Financial Income	16 000	10 000	5 000	1 000
Financial Costs	25 191 000	26 000	13 000	1 000
Financial Balance	−25 175 000	−16 000	−8 000	0
Earnings Before Tax	−74 973 000	−41 091 000	−9 944 000	−873 000
Tax	0	0	−1 539 000	−736 000
Net Income	−74 973 000	−41 091 000	−8 405 000	−137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 927 000	44 295 000	9 424 000	2 938 000
Total Current Assets	33 671 000	68 095 000	8 905 000	5 028 000
Total Assets	80 598 000	112 391 000	18 329 000	7 965 000
Total Retained Equity	0	−49 633 000	−8 542 000	−137 000
Total Equity	66 074 000	99 270 000	10 361 000	7 319 000
Total Long-Term Debt	4 193 000	2 400 000	2 400 000	0
Total Current Debt	10 331 000	10 721 000	5 568 000	646 000
Total Equity and Debt	80 598 000	112 391 000	18 329 000	7 965 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 891 000	11 580 000	4 744 000	105 000
Other Income	0	0	750 000	0
Revenue	13 891 000	11 580 000	5 494 000	105 000
Cost of Goods Sold	3 822 000	5 311 000	5 433 000	13 000
Salary Costs	31 508 000	23 458 000	4 573 000	678 000
Depreciation	9 302 000	7 512 000	2 324 000	21 000
Impairment	0	0	0	0
Expenditure	63 689 000	52 655 000	15 430 000	977 000
Operating Profit	−49 798 000	−41 075 000	−9 937 000	−873 000
Financial Income	16 000	10 000	5 000	1 000
Financial Costs	25 191 000	26 000	13 000	1 000
Financial Balance	−25 175 000	−16 000	−8 000	0
Dividends	0	0	0	0
Net Income	−74 973 000	−41 091 000	−8 405 000	−137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	46 146 000	27 209 000	9 047 000	2 795 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	658 000	980 000	240 000	93 000
Total Tangible Assets	658 000	980 000	240 000	93 000
Total Fiancial Fixed Assets	123 000	16 106 000	137 000	50 000
Total Fixed Assets	46 927 000	44 295 000	9 424 000	2 938 000
Stock	429 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 612 000	65 513 000	4 990 000	4 070 000
Total Current Assets	33 671 000	68 095 000	8 905 000	5 028 000
Total Assets	80 598 000	112 391 000	18 329 000	7 965 000
Total Equity	66 074 000	99 270 000	10 361 000	7 319 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 193 000	2 400 000	2 400 000	0
Creditors	391 000	1 380 000	1 084 000	151 000
Unpaid Taxes	3 479 000	3 514 000	785 000	265 000
Dividends	0	0	0	0
Other Current Debt	6 461 000	5 827 000	3 699 000	231 000
Total Current Debt	10 331 000	10 721 000	5 568 000	646 000
Total Equity and Debt	80 598 000	112 391 000	18 329 000	7 965 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−113,47 %	−41,39 %	−81,12 %	−1,87 %
Debt-to-Equity Ratio	0,06	0,02	0,23	0
Operating Profit Margin	−358,49 %	−354,71 %	−180,87 %	−831,43 %
Current Ratio	3,26	6,35	1,6	7,78
Quick Ratio	3,4	6,35	1,6	7,78
Equity Ratio	0,82	0,88	0,57	0,92
Gross Profit Margin	72,49 %	54,14 %	1,11 %	87,62 %