FARMAR LOGISTICS AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

6,03 %

Current Ratio

3,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 028 000	890 000	640 000	0
Net Income	180 000	−449 000	−508 000	−407 000
Total Assets	3 457 000	4 658 000	3 660 000	4 025 000
Total Equity	2 983 000	2 803 000	3 252 000	3 650 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 028 000	890 000	640 000	0
Expenditure	1 797 000	1 615 000	1 291 000	200 000
Operating Profit	231 000	−725 000	−651 000	−200 000
Financial Income	0	151 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	150 000	0	0
Earnings Before Tax	231 000	−575 000	−651 000	−200 000
Tax	51 000	−127 000	−143 000	207 000
Net Income	180 000	−449 000	−508 000	−407 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 761 000	3 186 000	3 130 000	4 025 000
Total Current Assets	1 696 000	1 472 000	530 000	0
Total Assets	3 457 000	4 658 000	3 660 000	4 025 000
Total Retained Equity	−667 000	−847 000	−398 000	110 000
Total Equity	2 983 000	2 803 000	3 252 000	3 650 000
Total Long-Term Debt	0	0	47 000	159 000
Total Current Debt	474 000	1 855 000	361 000	216 000
Total Equity and Debt	3 457 000	4 658 000	3 660 000	4 025 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 659 000	890 000	593 000	0
Other Income	369 000	0	46 000	0
Revenue	2 028 000	890 000	640 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 056 000	1 371 000	1 242 000	200 000
Impairment	200 000	0	0	0
Expenditure	1 797 000	1 615 000	1 291 000	200 000
Operating Profit	231 000	−725 000	−651 000	−200 000
Financial Income	0	151 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	150 000	0	0
Dividends	0	0	0	0
Net Income	180 000	−449 000	−508 000	−407 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	157 000	80 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 605 000	3 106 000	3 130 000	3 622 000
Total Tangible Assets	1 605 000	3 106 000	3 130 000	4 025 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 761 000	3 186 000	3 130 000	4 025 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	117 000	65 000	233 000	0
Total Current Assets	1 696 000	1 472 000	530 000	0
Total Assets	3 457 000	4 658 000	3 660 000	4 025 000
Total Equity	2 983 000	2 803 000	3 252 000	3 650 000
Short-Term Group Debt	0	538 000	0	0
Total Long-Term Debt	0	0	47 000	159 000
Creditors	48 000	1 317 000	0	0
Unpaid Taxes	205 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	93 000	0	361 000	216 000
Total Current Debt	474 000	1 855 000	361 000	216 000
Total Equity and Debt	3 457 000	4 658 000	3 660 000	4 025 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,03 %	−16,02 %	−15,62 %	−11,15 %
Debt-to-Equity Ratio	0	0	0,01	0,04
Operating Profit Margin	11,39 %	−81,46 %	−101,72 %	-
Current Ratio	3,58	0,79	1,47	0
Quick Ratio	3,58	0,79	1,47	0
Equity Ratio	0,86	0,6	0,89	0,91
Gross Profit Margin	100 %	100 %	100 %	-