FARVATN AS

5008 BERGEN

Finances

Return on Equity

−0,23 %

Current Ratio

0,78

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−4 010 000	−4 588 000	−4 043 000	−649 000
Total Assets	1 775 788 000	2 688 959 000	2 761 468 000	2 759 363 000
Total Equity	1 741 542 000	2 596 655 000	2 676 076 000	2 680 119 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	2 092 000	2 888 000	1 974 000	56 000
Operating Profit	−2 092 000	−2 888 000	−1 974 000	−56 000
Financial Income	277 000	568 000	215 000	27 000
Financial Costs	2 196 000	2 269 000	2 284 000	619 000
Financial Balance	−1 919 000	−1 701 000	−2 069 000	−592 000
Earnings Before Tax	−4 010 000	−4 588 000	−4 043 000	−649 000
Tax	0	0	0	0
Net Income	−4 010 000	−4 588 000	−4 043 000	−649 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 770 038 000	2 683 789 000	2 757 468 000	2 757 879 000
Total Current Assets	5 750 000	5 171 000	4 000 000	1 485 000
Total Assets	1 775 788 000	2 688 959 000	2 761 468 000	2 759 363 000
Total Retained Equity	0	−84 112 000	−4 691 000	−649 000
Total Equity	1 741 542 000	2 596 655 000	2 676 076 000	2 680 119 000
Total Long-Term Debt	26 920 000	83 641 000	81 372 000	79 159 000
Total Current Debt	7 326 000	8 663 000	4 019 000	85 000
Total Equity and Debt	1 775 788 000	2 688 959 000	2 761 468 000	2 759 363 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	516 000	1 275 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 092 000	2 888 000	1 974 000	56 000
Operating Profit	−2 092 000	−2 888 000	−1 974 000	−56 000
Financial Income	277 000	568 000	215 000	27 000
Financial Costs	2 196 000	2 269 000	2 284 000	619 000
Financial Balance	−1 919 000	−1 701 000	−2 069 000	−592 000
Dividends	851 103 000	74 833 000	0	0
Net Income	−4 010 000	−4 588 000	−4 043 000	−649 000

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	205 000	121 000	0	0
Total Tangible Assets	205 000	121 000	0	0
Total Fiancial Fixed Assets	1 769 832 000	2 683 667 000	2 757 468 000	2 757 879 000
Total Fixed Assets	1 770 038 000	2 683 789 000	2 757 468 000	2 757 879 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	944 000	865 000	3 668 000	1 485 000
Total Current Assets	5 750 000	5 171 000	4 000 000	1 485 000
Total Assets	1 775 788 000	2 688 959 000	2 761 468 000	2 759 363 000
Total Equity	1 741 542 000	2 596 655 000	2 676 076 000	2 680 119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 920 000	83 641 000	81 372 000	79 159 000
Creditors	89 000	14 000	472 000	54 000
Unpaid Taxes	0	8 000	0	0
Dividends	851 103 000	74 833 000	0	0
Other Current Debt	7 237 000	8 641 000	3 547 000	31 000
Total Current Debt	7 326 000	8 663 000	4 019 000	85 000
Total Equity and Debt	1 775 788 000	2 688 959 000	2 761 468 000	2 759 363 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,23 %	−0,18 %	−0,15 %	−0,02 %
Debt-to-Equity Ratio	0,02	0,03	0,03	0,03
Operating Profit Margin	-	-	-	-
Current Ratio	0,78	0,6	1	17,47
Quick Ratio	0,78	0,6	1	17,47
Equity Ratio	0,98	0,97	0,97	0,97
Gross Profit Margin	-	-	-	-