FARSUND HOLDING AS

6813 FØRDE

Finances

Return on Equity

40,34 %

Current Ratio

13,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	17 246 000	106 394 000	85 020 000
Net Income	27 738 000	9 100 000	7 146 000
Total Assets	71 710 000	111 779 000	109 138 000
Total Equity	68 768 000	41 030 000	91 930 000

Income (NOK)	2022	2021	2020
Revenue	17 246 000	106 394 000	85 020 000
Expenditure	16 465 000	101 472 000	81 380 000
Operating Profit	782 000	4 922 000	3 640 000
Financial Income	27 459 000	5 703 000	4 485 000
Financial Costs	65 000	−21 000	131 000
Financial Balance	27 394 000	5 724 000	4 354 000
Earnings Before Tax	28 176 000	10 646 000	7 994 000
Tax	438 000	1 546 000	848 000
Net Income	27 738 000	9 100 000	7 146 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	31 415 000	36 149 000	39 836 000
Total Current Assets	40 296 000	75 629 000	69 303 000
Total Assets	71 710 000	111 779 000	109 138 000
Total Retained Equity	52 111 000	24 373 000	27 923 000
Total Equity	68 768 000	41 030 000	91 930 000
Total Long-Term Debt	0	0	0
Total Current Debt	2 942 000	70 749 000	17 209 000
Total Equity and Debt	71 710 000	111 779 000	109 138 000

Cash flow (NOK)	2022	2021	2020
Sales Income	12 168 000	104 371 000	82 663 000
Other Income	5 078 000	2 023 000	2 358 000
Revenue	17 246 000	106 394 000	85 020 000
Cost of Goods Sold	6 134 000	71 939 000	57 329 000
Salary Costs	2 031 000	16 395 000	14 163 000
Depreciation	1 320 000	2 783 000	2 507 000
Impairment	0	0	0
Expenditure	16 465 000	101 472 000	81 380 000
Operating Profit	782 000	4 922 000	3 640 000
Financial Income	27 459 000	5 703 000	4 485 000
Financial Costs	65 000	−21 000	131 000
Financial Balance	27 394 000	5 724 000	4 354 000
Dividends	0	0	10 200 000
Net Income	27 738 000	9 100 000	7 146 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	961 000	940 000	989 000
Real Eastate	25 778 000	26 723 000	27 772 000
Machinery and Plant Facilities	0	0	0
Fixtures	872 000	3 726 000	4 489 000
Total Tangible Assets	26 650 000	30 449 000	32 261 000
Total Fiancial Fixed Assets	3 803 000	4 760 000	6 586 000
Total Fixed Assets	31 415 000	36 149 000	39 836 000
Stock	5 707 000	19 446 000	18 261 000
Total Investments	14 803 000	16 905 000	7 599 000
Cash, Bank	13 863 000	25 178 000	32 026 000
Total Current Assets	40 296 000	75 629 000	69 303 000
Total Assets	71 710 000	111 779 000	109 138 000
Total Equity	68 768 000	41 030 000	91 930 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	564 000	2 033 000	2 310 000
Unpaid Taxes	657 000	3 101 000	2 163 000
Dividends	0	0	10 200 000
Other Current Debt	1 244 000	4 117 000	1 709 000
Total Current Debt	2 942 000	70 749 000	17 209 000
Total Equity and Debt	71 710 000	111 779 000	109 138 000

Financial indicators	2022	2021	2020
Return on Equity	40,34 %	22,18 %	7,77 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	4,53 %	4,63 %	4,28 %
Current Ratio	13,7	1,07	4,03
Quick Ratio	−14,57	1,47	−65,88
Equity Ratio	0,96	0,37	0,84
Gross Profit Margin	64,43 %	32,38 %	32,57 %