FARGESTIFT AS

1068 OSLO

Finances

Share Ownership

Return on Equity

22,73 %

Current Ratio

1,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	871 000	726 000	296 000
Net Income	45 000	120 000	9 000
Total Assets	405 000	326 000	140 000
Total Equity	198 000	154 000	34 000

Income (NOK)	2022	2021	2020
Revenue	871 000	726 000	296 000
Expenditure	812 000	575 000	283 000
Operating Profit	59 000	152 000	12 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	59 000	152 000	12 000
Tax	14 000	32 000	3 000
Net Income	45 000	120 000	9 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 000	13 000	25 000
Total Current Assets	404 000	312 000	115 000
Total Assets	405 000	326 000	140 000
Total Retained Equity	174 000	129 000	9 000
Total Equity	198 000	154 000	34 000
Total Long-Term Debt	0	0	0
Total Current Debt	207 000	172 000	106 000
Total Equity and Debt	405 000	326 000	140 000

Cash flow (NOK)	2022	2021	2020
Sales Income	871 000	726 000	296 000
Other Income	0	0	0
Revenue	871 000	726 000	296 000
Cost of Goods Sold	30 000	10 000	0
Salary Costs	700 000	473 000	220 000
Depreciation	12 000	12 000	11 000
Impairment	0	0	0
Expenditure	812 000	575 000	283 000
Operating Profit	59 000	152 000	12 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	45 000	120 000	9 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	1 000	13 000	25 000
Total Tangible Assets	1 000	13 000	25 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 000	13 000	25 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	304 000	312 000	82 000
Total Current Assets	404 000	312 000	115 000
Total Assets	405 000	326 000	140 000
Total Equity	198 000	154 000	34 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	3 000	2 000	2 000
Unpaid Taxes	128 000	93 000	81 000
Dividends	0	0	0
Other Current Debt	64 000	43 000	20 000
Total Current Debt	207 000	172 000	106 000
Total Equity and Debt	405 000	326 000	140 000

Financial indicators	2022	2021	2020
Return on Equity	22,73 %	77,92 %	26,47 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	6,77 %	20,94 %	4,05 %
Current Ratio	1,95	1,81	1,08
Quick Ratio	1,95	1,81	1,08
Equity Ratio	0,49	0,47	0,24
Gross Profit Margin	96,56 %	98,62 %	100 %