ERLING FARSTAD TRANSPORT AS

6531 AVERØY

Finances

Return on Equity

−1,7 %

Current Ratio

9,16

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 002 000	12 383 000	11 506 000	12 788 000
Net Income	−276 000	1 349 000	715 000	1 360 000
Total Assets	18 748 000	19 345 000	18 277 000	16 066 000
Total Equity	16 200 000	16 476 000	15 128 000	14 412 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 002 000	12 383 000	11 506 000	12 788 000
Expenditure	13 811 000	12 357 000	10 920 000	12 292 000
Operating Profit	189 000	26 000	585 000	496 000
Financial Income	1 372 000	2 088 000	1 039 000	1 396 000
Financial Costs	1 734 000	745 000	771 000	338 000
Financial Balance	−362 000	1 343 000	268 000	1 058 000
Earnings Before Tax	−173 000	1 370 000	853 000	1 554 000
Tax	104 000	21 000	138 000	194 000
Net Income	−276 000	1 349 000	715 000	1 360 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 256 000	3 432 000	4 108 000	1 892 000
Total Current Assets	15 493 000	15 914 000	14 169 000	14 174 000
Total Assets	18 748 000	19 345 000	18 277 000	16 066 000
Total Retained Equity	16 100 000	16 376 000	15 028 000	14 312 000
Total Equity	16 200 000	16 476 000	15 128 000	14 412 000
Total Long-Term Debt	857 000	1 271 000	1 709 000	0
Total Current Debt	1 691 000	1 598 000	1 441 000	1 654 000
Total Equity and Debt	18 748 000	19 345 000	18 277 000	16 066 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 002 000	12 195 000	11 476 000	12 782 000
Other Income	0	188 000	30 000	6 000
Revenue	14 002 000	12 383 000	11 506 000	12 788 000
Cost of Goods Sold	213 000	363 000	63 000	563 000
Salary Costs	4 429 000	4 111 000	3 976 000	4 055 000
Depreciation	971 000	1 015 000	767 000	1 049 000
Impairment	0	0	0	0
Expenditure	13 811 000	12 357 000	10 920 000	12 292 000
Operating Profit	189 000	26 000	585 000	496 000
Financial Income	1 372 000	2 088 000	1 039 000	1 396 000
Financial Costs	1 734 000	745 000	771 000	338 000
Financial Balance	−362 000	1 343 000	268 000	1 058 000
Dividends	0	0	0	0
Net Income	−276 000	1 349 000	715 000	1 360 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	55 000	74 000	225 000
Real Eastate	273 000	344 000	415 000	486 000
Machinery and Plant Facilities	269 000	0	0	0
Fixtures	2 713 000	3 033 000	3 619 000	1 181 000
Total Tangible Assets	3 256 000	3 377 000	4 034 000	1 667 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 256 000	3 432 000	4 108 000	1 892 000
Stock	150 000	95 000	148 000	74 000
Total Investments	7 705 000	8 163 000	6 882 000	6 716 000
Cash, Bank	5 183 000	5 989 000	5 388 000	6 213 000
Total Current Assets	15 493 000	15 914 000	14 169 000	14 174 000
Total Assets	18 748 000	19 345 000	18 277 000	16 066 000
Total Equity	16 200 000	16 476 000	15 128 000	14 412 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	857 000	1 271 000	1 709 000	0
Creditors	628 000	553 000	442 000	253 000
Unpaid Taxes	569 000	452 000	314 000	493 000
Dividends	0	0	0	0
Other Current Debt	446 000	591 000	685 000	666 000
Total Current Debt	1 691 000	1 598 000	1 441 000	1 654 000
Total Equity and Debt	18 748 000	19 345 000	18 277 000	16 066 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,7 %	8,19 %	4,73 %	9,44 %
Debt-to-Equity Ratio	0,05	0,08	0,11	0
Operating Profit Margin	1,35 %	0,21 %	5,08 %	3,88 %
Current Ratio	9,16	9,96	9,83	8,57
Quick Ratio	10,05	10,59	10,96	8,97
Equity Ratio	0,86	0,85	0,83	0,9
Gross Profit Margin	98,48 %	97,07 %	99,45 %	95,6 %