FAVORITTEN AS

6008 ÅLESUND

Finances

Return on Equity

5,25 %

Current Ratio

100,57

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	−12 000	62 037 000	67 253 000	66 970 000
Net Income	509 000	−3 193 000	1 248 000	1 854 000
Total Assets	10 389 000	12 696 000	17 012 000	16 070 000
Total Equity	9 688 000	9 179 000	12 972 000	11 809 000

Income (NOK)	2022	2021	2020	2019
Revenue	−12 000	62 037 000	67 253 000	66 970 000
Expenditure	−459 000	64 677 000	65 729 000	64 655 000
Operating Profit	446 000	−2 639 000	1 524 000	2 314 000
Financial Income	61 000	76 000	69 000	67 000
Financial Costs	−2 000	1 000	3 000	2 000
Financial Balance	63 000	75 000	66 000	65 000
Earnings Before Tax	509 000	−2 564 000	1 590 000	2 378 000
Tax	0	629 000	342 000	524 000
Net Income	509 000	−3 193 000	1 248 000	1 854 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	332 000	465 000	2 810 000	3 315 000
Total Current Assets	10 057 000	12 230 000	14 202 000	12 755 000
Total Assets	10 389 000	12 696 000	17 012 000	16 070 000
Total Retained Equity	9 488 000	8 979 000	12 772 000	11 609 000
Total Equity	9 688 000	9 179 000	12 972 000	11 809 000
Total Long-Term Debt	600 000	0	0	0
Total Current Debt	100 000	3 516 000	4 039 000	4 261 000
Total Equity and Debt	10 389 000	12 696 000	17 012 000	16 070 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−18 000	61 474 000	66 656 000	66 339 000
Other Income	7 000	563 000	597 000	631 000
Revenue	−12 000	62 037 000	67 253 000	66 970 000
Cost of Goods Sold	−1 055 000	44 815 000	46 935 000	46 322 000
Salary Costs	265 000	11 804 000	11 748 000	11 532 000
Depreciation	193 000	316 000	353 000	439 000
Impairment	6 000	847 000	0	0
Expenditure	−459 000	64 677 000	65 729 000	64 655 000
Operating Profit	446 000	−2 639 000	1 524 000	2 314 000
Financial Income	61 000	76 000	69 000	67 000
Financial Costs	−2 000	1 000	3 000	2 000
Financial Balance	63 000	75 000	66 000	65 000
Dividends	0	0	0	0
Net Income	509 000	−3 193 000	1 248 000	1 854 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	629 000	717 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	199 000	1 470 000	1 601 000
Total Tangible Assets	0	199 000	1 470 000	1 601 000
Total Fiancial Fixed Assets	332 000	266 000	711 000	997 000
Total Fixed Assets	332 000	465 000	2 810 000	3 315 000
Stock	0	0	3 104 000	2 818 000
Total Investments	0	0	0	0
Cash, Bank	9 593 000	10 980 000	8 215 000	7 039 000
Total Current Assets	10 057 000	12 230 000	14 202 000	12 755 000
Total Assets	10 389 000	12 696 000	17 012 000	16 070 000
Total Equity	9 688 000	9 179 000	12 972 000	11 809 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	600 000	0	0	0
Creditors	0	476 000	1 383 000	1 274 000
Unpaid Taxes	0	1 342 000	1 218 000	1 119 000
Dividends	0	0	0	0
Other Current Debt	100 000	1 698 000	1 209 000	1 484 000
Total Current Debt	100 000	3 516 000	4 039 000	4 261 000
Total Equity and Debt	10 389 000	12 696 000	17 012 000	16 070 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,25 %	−34,79 %	9,62 %	15,7 %
Debt-to-Equity Ratio	0,06	0	0	0
Operating Profit Margin	−3 716,67 %	−4,25 %	2,27 %	3,46 %
Current Ratio	100,57	3,48	3,52	2,99
Quick Ratio	100,57	3,48	15,19	8,84
Equity Ratio	0,93	0,72	0,76	0,73
Gross Profit Margin	−8 691,67 %	27,76 %	30,21 %	30,83 %