FARSTAD GROUP AS

3717 SKIEN

Finances

Return on Equity

30,54 %

Current Ratio

0,12

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 107 000	1 151 000	2 094 000	569 000
Net Income	4 486 000	52 000	10 069 000	−2 306 000
Total Assets	27 426 000	22 626 000	23 063 000	11 662 000
Total Equity	14 687 000	10 202 000	10 150 000	81 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 107 000	1 151 000	2 094 000	569 000
Expenditure	1 117 000	1 080 000	1 966 000	495 000
Operating Profit	−11 000	71 000	128 000	73 000
Financial Income	5 179 000	365 000	11 785 000	117 000
Financial Costs	683 000	384 000	1 844 000	2 497 000
Financial Balance	4 496 000	−19 000	9 941 000	−2 380 000
Earnings Before Tax	4 486 000	52 000	10 069 000	−2 306 000
Tax	0	0	0	0
Net Income	4 486 000	52 000	10 069 000	−2 306 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	27 384 000	22 398 000	22 728 000	11 284 000
Total Current Assets	42 000	227 000	334 000	378 000
Total Assets	27 426 000	22 626 000	23 063 000	11 662 000
Total Retained Equity	11 587 000	7 102 000	7 050 000	−3 019 000
Total Equity	14 687 000	10 202 000	10 150 000	81 000
Total Long-Term Debt	12 397 000	11 792 000	12 169 000	10 551 000
Total Current Debt	342 000	632 000	744 000	1 030 000
Total Equity and Debt	27 426 000	22 626 000	23 063 000	11 662 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	353 000	337 000	1 283 000	341 000
Other Income	753 000	814 000	811 000	227 000
Revenue	1 107 000	1 151 000	2 094 000	569 000
Cost of Goods Sold	0	0	743 000	29 000
Salary Costs	0	0	0	0
Depreciation	484 000	454 000	439 000	166 000
Impairment	0	0	0	0
Expenditure	1 117 000	1 080 000	1 966 000	495 000
Operating Profit	−11 000	71 000	128 000	73 000
Financial Income	5 179 000	365 000	11 785 000	117 000
Financial Costs	683 000	384 000	1 844 000	2 497 000
Financial Balance	4 496 000	−19 000	9 941 000	−2 380 000
Dividends	0	0	0	0
Net Income	4 486 000	52 000	10 069 000	−2 306 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 039 000	5 131 000	5 293 000	4 598 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	654 000	786 000	918 000	0
Total Tangible Assets	5 693 000	5 916 000	6 211 000	4 598 000
Total Fiancial Fixed Assets	21 691 000	16 482 000	16 518 000	6 686 000
Total Fixed Assets	27 384 000	22 398 000	22 728 000	11 284 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	137 000	2 000	20 000
Total Current Assets	42 000	227 000	334 000	378 000
Total Assets	27 426 000	22 626 000	23 063 000	11 662 000
Total Equity	14 687 000	10 202 000	10 150 000	81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 397 000	11 792 000	12 169 000	10 551 000
Creditors	202 000	471 000	589 000	672 000
Unpaid Taxes	97 000	146 000	43 000	0
Dividends	0	0	0	0
Other Current Debt	43 000	15 000	112 000	358 000
Total Current Debt	342 000	632 000	744 000	1 030 000
Total Equity and Debt	27 426 000	22 626 000	23 063 000	11 662 000

Financial indicators	2021	2020	2019	2018
Return on Equity	30,54 %	0,51 %	99,2 %	−2 846,91 %
Debt-to-Equity Ratio	0,84	1,16	1,2	130,26
Operating Profit Margin	−0,99 %	6,17 %	6,11 %	12,83 %
Current Ratio	0,12	0,36	0,45	0,37
Quick Ratio	0,12	0,36	0,45	0,37
Equity Ratio	0,54	0,45	0,44	0,01
Gross Profit Margin	100 %	100 %	64,52 %	94,9 %