FAVN FORSIKRING

9008 TROMSØ

Finances

Return on Equity

1,44 %

Current Ratio

12,09

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 315 000	18 802 000	17 467 000	17 864 000
Net Income	2 690 000	14 192 000	1 572 000	3 495 000
Total Assets	219 701 000	227 974 000	239 134 000	211 151 000
Total Equity	187 015 000	184 322 000	170 127 000	168 601 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 315 000	18 802 000	17 467 000	17 864 000
Expenditure	0	0	0	0
Operating Profit	−4 159 000	−8 313 000	−11 368 000	−11 616 000
Financial Income	−3 689 000	26 264 000	14 111 000	15 838 000
Financial Costs	1 377 000	1 201 000	1 022 000	875 000
Financial Balance	−5 066 000	25 063 000	13 089 000	14 963 000
Earnings Before Tax	942 000	16 804 000	1 899 000	3 745 000
Tax	299 000	258 000	326 000	250 000
Net Income	2 690 000	14 192 000	1 572 000	3 495 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 108 000	105 161 000	132 056 000	107 900 000
Total Current Assets	120 593 000	122 840 000	107 078 000	103 250 000
Total Assets	219 701 000	227 974 000	239 134 000	211 151 000
Total Retained Equity	187 015 000	184 322 000	170 127 000	168 601 000
Total Equity	187 015 000	184 322 000	170 127 000	168 601 000
Total Long-Term Debt	22 707 000	33 344 000	61 243 000	32 461 000
Total Current Debt	9 978 000	10 309 000	7 764 000	10 089 000
Total Equity and Debt	219 701 000	227 974 000	239 134 000	211 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 315 000	18 802 000	17 467 000	17 864 000
Other Income	0	0	0	0
Revenue	16 315 000	18 802 000	17 467 000	17 864 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	0	0	0
Operating Profit	−4 159 000	−8 313 000	−11 368 000	−11 616 000
Financial Income	−3 689 000	26 264 000	14 111 000	15 838 000
Financial Costs	1 377 000	1 201 000	1 022 000	875 000
Financial Balance	−5 066 000	25 063 000	13 089 000	14 963 000
Dividends	0	0	0	0
Net Income	2 690 000	14 192 000	1 572 000	3 495 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 092 000	8 339 000	8 587 000	8 920 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 489 000	1 538 000	1 201 000	1 324 000
Total Tangible Assets	4 581 000	9 877 000	9 788 000	10 244 000
Total Fiancial Fixed Assets	94 527 000	95 257 000	122 268 000	97 656 000
Total Fixed Assets	99 108 000	105 161 000	132 056 000	107 900 000
Stock	0	0	0	0
Total Investments	109 653 000	100 439 000	75 457 000	76 767 000
Cash, Bank	0	0	0	0
Total Current Assets	120 593 000	122 840 000	107 078 000	103 250 000
Total Assets	219 701 000	227 974 000	239 134 000	211 151 000
Total Equity	187 015 000	184 322 000	170 127 000	168 601 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 707 000	33 344 000	61 243 000	32 461 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 978 000	10 308 000	7 764 000	10 090 000
Total Current Debt	9 978 000	10 309 000	7 764 000	10 089 000
Total Equity and Debt	219 701 000	227 974 000	239 134 000	211 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,44 %	7,7 %	0,92 %	2,07 %
Debt-to-Equity Ratio	0,12	0,18	0,36	0,19
Operating Profit Margin	−25,49 %	−44,21 %	−65,08 %	−65,02 %
Current Ratio	12,09	11,92	13,79	10,23
Quick Ratio	12,09	11,92	13,79	10,23
Equity Ratio	0,85	0,81	0,71	0,8
Gross Profit Margin	100 %	100 %	100 %	100 %