FAV 24 AS

5006 BERGEN

Finances

Share Ownership

Return on Equity

31,98 %

Current Ratio

0,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 189 000	1 150 000	577 000	89 000
Net Income	833 000	776 000	291 000	22 000
Total Assets	11 952 000	11 904 000	11 872 000	9 332 000
Total Equity	2 605 000	1 772 000	996 000	705 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 189 000	1 150 000	577 000	89 000
Expenditure	116 000	160 000	203 000	65 000
Operating Profit	1 073 000	990 000	374 000	24 000
Financial Income	5 000	5 000	0	0
Financial Costs	9 000	0	1 000	0
Financial Balance	−4 000	5 000	−1 000	0
Earnings Before Tax	1 068 000	995 000	374 000	24 000
Tax	235 000	219 000	82 000	2 000
Net Income	833 000	776 000	291 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 620 000	11 620 000	11 620 000	9 261 000
Total Current Assets	332 000	285 000	252 000	71 000
Total Assets	11 952 000	11 904 000	11 872 000	9 332 000
Total Retained Equity	1 907 000	1 074 000	298 000	7 000
Total Equity	2 605 000	1 772 000	996 000	705 000
Total Long-Term Debt	0	9 243 000	10 144 000	5 985 000
Total Current Debt	9 347 000	889 000	732 000	2 642 000
Total Equity and Debt	11 952 000	11 904 000	11 872 000	9 332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 189 000	1 150 000	577 000	89 000
Revenue	1 189 000	1 150 000	577 000	89 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	116 000	160 000	203 000	65 000
Operating Profit	1 073 000	990 000	374 000	24 000
Financial Income	5 000	5 000	0	0
Financial Costs	9 000	0	1 000	0
Financial Balance	−4 000	5 000	−1 000	0
Dividends	0	0	0	0
Net Income	833 000	776 000	291 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 620 000	11 620 000	11 620 000	9 261 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 620 000	11 620 000	11 620 000	9 261 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 620 000	11 620 000	11 620 000	9 261 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	280 000	237 000	252 000	61 000
Total Current Assets	332 000	285 000	252 000	71 000
Total Assets	11 952 000	11 904 000	11 872 000	9 332 000
Total Equity	2 605 000	1 772 000	996 000	705 000
Short-Term Group Debt	8 443 000	0	0	0
Total Long-Term Debt	0	9 243 000	10 144 000	5 985 000
Creditors	6 000	18 000	3 000	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	663 000	653 000	645 000	2 633 000
Total Current Debt	9 347 000	889 000	732 000	2 642 000
Total Equity and Debt	11 952 000	11 904 000	11 872 000	9 332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,98 %	43,79 %	29,22 %	3,12 %
Debt-to-Equity Ratio	0	5,22	10,18	8,49
Operating Profit Margin	90,24 %	86,09 %	64,82 %	26,97 %
Current Ratio	0,04	0,32	0,34	0,03
Quick Ratio	0,04	0,32	0,34	0,03
Equity Ratio	0,22	0,15	0,08	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %