FARAD AS

6512 KRISTIANSUND N

Finances

Return on Equity

7,83 %

Current Ratio

0,07

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 000	72 000	18 000	0
Net Income	280 000	−50 000	−275 000	−101 000
Total Assets	5 470 000	5 224 000	5 319 000	5 512 000
Total Equity	3 576 000	3 296 000	3 346 000	3 621 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 000	72 000	18 000	0
Expenditure	141 000	252 000	248 000	331 000
Operating Profit	−72 000	−180 000	−230 000	−331 000
Financial Income	476 000	324 000	79 000	145 000
Financial Costs	47 000	172 000	161 000	−44 000
Financial Balance	429 000	152 000	−82 000	189 000
Earnings Before Tax	356 000	−28 000	−312 000	−142 000
Tax	76 000	23 000	−37 000	−42 000
Net Income	280 000	−50 000	−275 000	−101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 438 000	5 211 000	5 102 000	5 198 000
Total Current Assets	32 000	13 000	216 000	314 000
Total Assets	5 470 000	5 224 000	5 319 000	5 512 000
Total Retained Equity	3 276 000	2 996 000	3 046 000	3 321 000
Total Equity	3 576 000	3 296 000	3 346 000	3 621 000
Total Long-Term Debt	1 421 000	1 398 000	1 655 000	1 812 000
Total Current Debt	474 000	530 000	318 000	80 000
Total Equity and Debt	5 470 000	5 224 000	5 319 000	5 512 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 000	72 000	18 000	0
Other Income	0	0	0	0
Revenue	69 000	72 000	18 000	0
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	141 000	252 000	248 000	331 000
Operating Profit	−72 000	−180 000	−230 000	−331 000
Financial Income	476 000	324 000	79 000	145 000
Financial Costs	47 000	172 000	161 000	−44 000
Financial Balance	429 000	152 000	−82 000	189 000
Dividends	0	0	0	0
Net Income	280 000	−50 000	−275 000	−101 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 488 000	1 488 000	1 488 000	1 488 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 488 000	1 488 000	1 488 000	1 488 000
Total Fiancial Fixed Assets	3 950 000	3 723 000	3 615 000	3 711 000
Total Fixed Assets	5 438 000	5 211 000	5 102 000	5 198 000
Stock	0	0	0	0
Total Investments	22 000	12 000	143 000	287 000
Cash, Bank	10 000	0	74 000	27 000
Total Current Assets	32 000	13 000	216 000	314 000
Total Assets	5 470 000	5 224 000	5 319 000	5 512 000
Total Equity	3 576 000	3 296 000	3 346 000	3 621 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 421 000	1 398 000	1 655 000	1 812 000
Creditors	0	−2 000	−4 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	32 000	38 000	32 000
Total Current Debt	474 000	530 000	318 000	80 000
Total Equity and Debt	5 470 000	5 224 000	5 319 000	5 512 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,83 %	−1,52 %	−8,22 %	−2,79 %
Debt-to-Equity Ratio	0,4	0,42	0,49	0,5
Operating Profit Margin	−104,35 %	−250 %	−1 277,78 %	-
Current Ratio	0,07	0,02	0,68	3,93
Quick Ratio	0,07	0,02	0,68	3,93
Equity Ratio	0,65	0,63	0,63	0,66
Gross Profit Margin	100 %	100 %	100 %	-