Farmannvegen Borettslag

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

18,36 %

Current Ratio

6,04

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	473 000	463 000	426 000	415 000
Net Income	166 000	−122 000	37 000	150 000
Total Assets	1 418 000	1 274 000	1 454 000	1 460 000
Total Equity	904 000	738 000	860 000	823 000

Income (NOK)	2022	2021	2020	2019
Revenue	473 000	463 000	426 000	415 000
Expenditure	302 000	580 000	382 000	257 000
Operating Profit	170 000	−117 000	44 000	159 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	6 000	5 000	7 000	10 000
Financial Balance	−5 000	−5 000	−6 000	−9 000
Earnings Before Tax	166 000	−122 000	37 000	150 000
Tax	0	0	0	0
Net Income	166 000	−122 000	37 000	150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 134 000	1 098 000	1 062 000	1 096 000
Total Current Assets	284 000	176 000	392 000	364 000
Total Assets	1 418 000	1 274 000	1 454 000	1 460 000
Total Retained Equity	903 000	737 000	859 000	822 000
Total Equity	904 000	738 000	860 000	823 000
Total Long-Term Debt	467 000	511 000	555 000	597 000
Total Current Debt	47 000	25 000	39 000	40 000
Total Equity and Debt	1 418 000	1 274 000	1 454 000	1 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	473 000	463 000	426 000	415 000
Revenue	473 000	463 000	426 000	415 000
Cost of Goods Sold	0	0	0	0
Salary Costs	17 000	17 000	17 000	17 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	302 000	580 000	382 000	257 000
Operating Profit	170 000	−117 000	44 000	159 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	6 000	5 000	7 000	10 000
Financial Balance	−5 000	−5 000	−6 000	−9 000
Dividends	0	0	0	0
Net Income	166 000	−122 000	37 000	150 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 061 000	1 061 000	1 061 000	1 061 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 061 000	1 061 000	1 061 000	1 061 000
Total Fiancial Fixed Assets	73 000	36 000	0	34 000
Total Fixed Assets	1 134 000	1 098 000	1 062 000	1 096 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	240 000	152 000	353 000	324 000
Total Current Assets	284 000	176 000	392 000	364 000
Total Assets	1 418 000	1 274 000	1 454 000	1 460 000
Total Equity	904 000	738 000	860 000	823 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	467 000	511 000	555 000	597 000
Creditors	47 000	25 000	39 000	40 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	47 000	25 000	39 000	40 000
Total Equity and Debt	1 418 000	1 274 000	1 454 000	1 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,36 %	−16,53 %	4,3 %	18,23 %
Debt-to-Equity Ratio	0,52	0,69	0,65	0,73
Operating Profit Margin	35,94 %	−25,27 %	10,33 %	38,31 %
Current Ratio	6,04	7,04	10,05	9,1
Quick Ratio	6,04	7,04	10,05	9,1
Equity Ratio	0,64	0,58	0,59	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %