FARMAR PORT AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

−2,85 %

Current Ratio

1,07

Debt-to-Equity Ratio

4,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 684 000	2 600 000	2 400 000	0
Net Income	−176 000	156 000	292 000	−338 000
Total Assets	36 164 000	39 318 000	36 092 000	26 194 000
Total Equity	6 177 000	6 353 000	6 197 000	5 561 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 684 000	2 600 000	2 400 000	0
Expenditure	1 701 000	1 588 000	1 069 000	129 000
Operating Profit	983 000	1 011 000	1 331 000	−129 000
Financial Income	0	−78 000	0	0
Financial Costs	1 209 000	733 000	957 000	173 000
Financial Balance	−1 209 000	−811 000	−957 000	−173 000
Earnings Before Tax	−226 000	200 000	374 000	−302 000
Tax	−50 000	44 000	82 000	36 000
Net Income	−176 000	156 000	292 000	−338 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 926 000	33 358 000	33 480 000	26 194 000
Total Current Assets	3 238 000	5 960 000	2 612 000	0
Total Assets	36 164 000	39 318 000	36 092 000	26 194 000
Total Retained Equity	1 414 000	1 590 000	1 434 000	1 142 000
Total Equity	6 177 000	6 353 000	6 197 000	5 561 000
Total Long-Term Debt	26 950 000	28 410 000	9 398 000	36 000
Total Current Debt	3 036 000	4 554 000	20 496 000	20 598 000
Total Equity and Debt	36 164 000	39 318 000	36 092 000	26 194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 684 000	2 600 000	2 400 000	0
Other Income	0	0	0	0
Revenue	2 684 000	2 600 000	2 400 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 422 000	1 313 000	948 000	129 000
Impairment	0	0	0	0
Expenditure	1 701 000	1 588 000	1 069 000	129 000
Operating Profit	983 000	1 011 000	1 331 000	−129 000
Financial Income	0	−78 000	0	0
Financial Costs	1 209 000	733 000	957 000	173 000
Financial Balance	−1 209 000	−811 000	−957 000	−173 000
Dividends	0	0	0	0
Net Income	−176 000	156 000	292 000	−338 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	32 926 000	33 358 000	33 480 000	26 194 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	32 926 000	33 358 000	33 480 000	26 194 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 926 000	33 358 000	33 480 000	26 194 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	310 000	1 587 000	595 000	0
Total Current Assets	3 238 000	5 960 000	2 612 000	0
Total Assets	36 164 000	39 318 000	36 092 000	26 194 000
Total Equity	6 177 000	6 353 000	6 197 000	5 561 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 950 000	28 410 000	9 398 000	36 000
Creditors	0	1 247 000	0	0
Unpaid Taxes	107 000	107 000	0	0
Dividends	0	0	0	0
Other Current Debt	2 930 000	3 152 000	20 496 000	20 598 000
Total Current Debt	3 036 000	4 554 000	20 496 000	20 598 000
Total Equity and Debt	36 164 000	39 318 000	36 092 000	26 194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,85 %	2,46 %	4,71 %	−6,08 %
Debt-to-Equity Ratio	4,36	4,47	1,52	0,01
Operating Profit Margin	36,62 %	38,88 %	55,46 %	-
Current Ratio	1,07	1,31	0,13	0
Quick Ratio	1,07	1,31	0,13	0
Equity Ratio	0,17	0,16	0,17	0,21
Gross Profit Margin	100 %	100 %	100 %	-