FAR EAST HOLDING AS

4013 STAVANGER

Finances

Return on Equity

17,7 %

Current Ratio

17,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	1 910 000	1 506 000	−6 000
Total Assets	11 420 000	11 474 000	11 431 000
Total Equity	10 791 000	8 881 000	8 876 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	22 000	41 000	6 000
Operating Profit	−22 000	−41 000	−6 000
Financial Income	2 654 000	1 547 000	0
Financial Costs	143 000	0	0
Financial Balance	2 511 000	1 547 000	0
Earnings Before Tax	2 489 000	1 506 000	−6 000
Tax	579 000	0	0
Net Income	1 910 000	1 506 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	150 000	150 000	150 000
Total Current Assets	11 270 000	11 324 000	11 281 000
Total Assets	11 420 000	11 474 000	11 431 000
Total Retained Equity	1 910 000	0	−6 000
Total Equity	10 791 000	8 881 000	8 876 000
Total Long-Term Debt	0	0	0
Total Current Debt	629 000	2 593 000	2 556 000
Total Equity and Debt	11 420 000	11 474 000	11 431 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	22 000	41 000	6 000
Operating Profit	−22 000	−41 000	−6 000
Financial Income	2 654 000	1 547 000	0
Financial Costs	143 000	0	0
Financial Balance	2 511 000	1 547 000	0
Dividends	0	1 500 000	0
Net Income	1 910 000	1 506 000	−6 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	150 000	150 000	150 000
Total Fixed Assets	150 000	150 000	150 000
Stock	0	0	0
Total Investments	4 670 000	0	0
Cash, Bank	58 000	96 000	100 000
Total Current Assets	11 270 000	11 324 000	11 281 000
Total Assets	11 420 000	11 474 000	11 431 000
Total Equity	10 791 000	8 881 000	8 876 000
Short-Term Group Debt	0	2 506 000	2 506 000
Total Long-Term Debt	0	0	0
Creditors	0	38 000	0
Unpaid Taxes	0	0	0
Dividends	0	1 500 000	0
Other Current Debt	50 000	50 000	50 000
Total Current Debt	629 000	2 593 000	2 556 000
Total Equity and Debt	11 420 000	11 474 000	11 431 000

Financial indicators	2022	2021	2020
Return on Equity	17,7 %	16,96 %	−0,07 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	-	-	-
Current Ratio	17,92	4,37	4,41
Quick Ratio	17,92	4,37	4,41
Equity Ratio	0,94	0,77	0,78
Gross Profit Margin	-	-	-