FARSTAD TAKSERING AS

6440 ELNESVÅGEN

Finances

Share Ownership

Return on Equity

−22,16 %

Current Ratio

0,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 066 000	1 384 000	1 704 000	1 580 000
Net Income	−160 000	−9 000	355 000	257 000
Total Assets	905 000	1 134 000	2 659 000	1 848 000
Total Equity	722 000	882 000	1 846 000	1 491 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 066 000	1 384 000	1 704 000	1 580 000
Expenditure	1 271 000	1 394 000	1 258 000	1 255 000
Operating Profit	−206 000	−10 000	447 000	326 000
Financial Income	0	0	8 000	1 000
Financial Costs	0	2 000	14 000	0
Financial Balance	0	−2 000	−6 000	1 000
Earnings Before Tax	−205 000	−12 000	441 000	326 000
Tax	−45 000	−3 000	86 000	69 000
Net Income	−160 000	−9 000	355 000	257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	747 000	818 000	915 000	0
Total Current Assets	158 000	316 000	1 745 000	1 848 000
Total Assets	905 000	1 134 000	2 659 000	1 848 000
Total Retained Equity	690 000	850 000	1 813 000	1 459 000
Total Equity	722 000	882 000	1 846 000	1 491 000
Total Long-Term Debt	0	19 000	501 000	0
Total Current Debt	182 000	233 000	312 000	357 000
Total Equity and Debt	905 000	1 134 000	2 659 000	1 848 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 066 000	1 384 000	1 704 000	1 580 000
Other Income	0	0	0	0
Revenue	1 066 000	1 384 000	1 704 000	1 580 000
Cost of Goods Sold	0	0	0	0
Salary Costs	811 000	1 049 000	944 000	1 033 000
Depreciation	97 000	97 000	57 000	0
Impairment	0	0	0	0
Expenditure	1 271 000	1 394 000	1 258 000	1 255 000
Operating Profit	−206 000	−10 000	447 000	326 000
Financial Income	0	0	8 000	1 000
Financial Costs	0	2 000	14 000	0
Financial Balance	0	−2 000	−6 000	1 000
Dividends	0	954 000	0	0
Net Income	−160 000	−9 000	355 000	257 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	721 000	818 000	915 000	0
Fixtures	0	0	0	0
Total Tangible Assets	721 000	818 000	915 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	747 000	818 000	915 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	136 000	283 000	1 697 000	1 665 000
Total Current Assets	158 000	316 000	1 745 000	1 848 000
Total Assets	905 000	1 134 000	2 659 000	1 848 000
Total Equity	722 000	882 000	1 846 000	1 491 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	19 000	501 000	0
Creditors	18 000	25 000	6 000	6 000
Unpaid Taxes	74 000	89 000	138 000	179 000
Dividends	0	954 000	0	0
Other Current Debt	90 000	119 000	104 000	103 000
Total Current Debt	182 000	233 000	312 000	357 000
Total Equity and Debt	905 000	1 134 000	2 659 000	1 848 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,16 %	−1,02 %	19,23 %	17,24 %
Debt-to-Equity Ratio	0	0,02	0,27	0
Operating Profit Margin	−19,32 %	−0,72 %	26,23 %	20,63 %
Current Ratio	0,87	1,36	5,59	5,18
Quick Ratio	0,87	1,36	5,59	5,18
Equity Ratio	0,8	0,78	0,69	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %