FARINE AS

0655 OSLO

Finances

Share Ownership

Return on Equity

1 732,61 %

Current Ratio

1,1

Debt-to-Equity Ratio

−17,39

Key figures (NOK)	2022	2021	2020
Revenue	7 423 000	6 844 000	45 000
Net Income	−797 000	751 000	−30 000
Total Assets	2 146 000	3 093 000	1 340 000
Total Equity	−46 000	751 000	0

Income (NOK)	2022	2021	2020
Revenue	7 423 000	6 844 000	45 000
Expenditure	8 232 000	5 881 000	84 000
Operating Profit	−809 000	963 000	−39 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	−809 000	963 000	−39 000
Tax	−12 000	212 000	−9 000
Net Income	−797 000	751 000	−30 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	615 000	791 000	808 000
Total Current Assets	1 532 000	2 302 000	532 000
Total Assets	2 146 000	3 093 000	1 340 000
Total Retained Equity	−76 000	721 000	−30 000
Total Equity	−46 000	751 000	0
Total Long-Term Debt	800 000	812 000	800 000
Total Current Debt	1 392 000	1 530 000	541 000
Total Equity and Debt	2 146 000	3 093 000	1 340 000

Cash flow (NOK)	2022	2021	2020
Sales Income	7 415 000	6 667 000	45 000
Other Income	7 000	177 000	0
Revenue	7 423 000	6 844 000	45 000
Cost of Goods Sold	1 765 000	1 633 000	16 000
Salary Costs	4 697 000	2 990 000	15 000
Depreciation	175 000	164 000	0
Impairment	0	0	0
Expenditure	8 232 000	5 881 000	84 000
Operating Profit	−809 000	963 000	−39 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	−797 000	751 000	−30 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	9 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	446 000	621 000	631 000
Total Tangible Assets	446 000	621 000	631 000
Total Fiancial Fixed Assets	169 000	170 000	169 000
Total Fixed Assets	615 000	791 000	808 000
Stock	211 000	208 000	17 000
Total Investments	0	0	0
Cash, Bank	1 076 000	1 950 000	341 000
Total Current Assets	1 532 000	2 302 000	532 000
Total Assets	2 146 000	3 093 000	1 340 000
Total Equity	−46 000	751 000	0
Short-Term Group Debt	0	0	0
Total Long-Term Debt	800 000	812 000	800 000
Creditors	262 000	128 000	343 000
Unpaid Taxes	427 000	366 000	0
Dividends	0	0	0
Other Current Debt	703 000	845 000	197 000
Total Current Debt	1 392 000	1 530 000	541 000
Total Equity and Debt	2 146 000	3 093 000	1 340 000

Financial indicators	2022	2021	2020
Return on Equity	1 732,61 %	100 %	-
Debt-to-Equity Ratio	−17,39	1,08	-
Operating Profit Margin	−10,9 %	14,07 %	−86,67 %
Current Ratio	1,1	1,5	0,98
Quick Ratio	1,3	1,74	1,02
Equity Ratio	−0,02	0,24	0
Gross Profit Margin	76,22 %	76,14 %	64,44 %