FARVEHJØRNET AS

9750 HONNINGSVÅG

Finances

Share Ownership

Return on Equity

−4,31 %

Current Ratio

2,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 275 000	5 827 000	6 630 000	7 008 000
Net Income	−56 000	−12 000	60 000	205 000
Total Assets	1 926 000	2 482 000	2 584 000	2 594 000
Total Equity	1 300 000	1 356 000	1 368 000	1 309 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 275 000	5 827 000	6 630 000	7 008 000
Expenditure	5 321 000	5 807 000	6 517 000	6 705 000
Operating Profit	−46 000	20 000	113 000	303 000
Financial Income	0	2 000	0	3 000
Financial Costs	10 000	18 000	21 000	28 000
Financial Balance	−10 000	−16 000	−21 000	−25 000
Earnings Before Tax	−55 000	4 000	92 000	278 000
Tax	1 000	16 000	33 000	73 000
Net Income	−56 000	−12 000	60 000	205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	362 000	501 000	566 000	741 000
Total Current Assets	1 564 000	1 981 000	2 018 000	1 853 000
Total Assets	1 926 000	2 482 000	2 584 000	2 594 000
Total Retained Equity	925 000	981 000	993 000	934 000
Total Equity	1 300 000	1 356 000	1 368 000	1 309 000
Total Long-Term Debt	0	11 000	108 000	206 000
Total Current Debt	626 000	1 114 000	1 109 000	1 078 000
Total Equity and Debt	1 926 000	2 482 000	2 584 000	2 594 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 275 000	5 827 000	6 630 000	6 976 000
Other Income	0	0	0	32 000
Revenue	5 275 000	5 827 000	6 630 000	7 008 000
Cost of Goods Sold	2 467 000	2 591 000	2 984 000	2 999 000
Salary Costs	1 913 000	2 127 000	2 384 000	2 481 000
Depreciation	132 000	142 000	122 000	137 000
Impairment	0	0	0	0
Expenditure	5 321 000	5 807 000	6 517 000	6 705 000
Operating Profit	−46 000	20 000	113 000	303 000
Financial Income	0	2 000	0	3 000
Financial Costs	10 000	18 000	21 000	28 000
Financial Balance	−10 000	−16 000	−21 000	−25 000
Dividends	0	0	0	0
Net Income	−56 000	−12 000	60 000	205 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	263 000	316 000	370 000	423 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	94 000	172 000	142 000	211 000
Total Tangible Assets	357 000	488 000	512 000	634 000
Total Fiancial Fixed Assets	6 000	12 000	55 000	107 000
Total Fixed Assets	362 000	501 000	566 000	741 000
Stock	925 000	883 000	770 000	749 000
Total Investments	0	0	0	0
Cash, Bank	464 000	649 000	890 000	814 000
Total Current Assets	1 564 000	1 981 000	2 018 000	1 853 000
Total Assets	1 926 000	2 482 000	2 584 000	2 594 000
Total Equity	1 300 000	1 356 000	1 368 000	1 309 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	11 000	108 000	206 000
Creditors	168 000	173 000	312 000	413 000
Unpaid Taxes	184 000	221 000	145 000	245 000
Dividends	0	0	0	0
Other Current Debt	274 000	704 000	619 000	347 000
Total Current Debt	626 000	1 114 000	1 109 000	1 078 000
Total Equity and Debt	1 926 000	2 482 000	2 584 000	2 594 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,31 %	−0,88 %	4,39 %	15,66 %
Debt-to-Equity Ratio	0	0,01	0,08	0,16
Operating Profit Margin	−0,87 %	0,34 %	1,7 %	4,32 %
Current Ratio	2,5	1,78	1,82	1,72
Quick Ratio	−5,23	8,58	5,95	5,63
Equity Ratio	0,67	0,55	0,53	0,5
Gross Profit Margin	53,23 %	55,53 %	54,99 %	57,21 %