FARMATEK SKANDINAVIA AS

1940 BJØRKELANGEN

Finances

Share Ownership

Return on Equity

36,41 %

Current Ratio

2,69

Debt-to-Equity Ratio

2,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 902 000	4 621 000	3 738 000	2 451 000
Net Income	150 000	−57 000	−314 000	16 000
Total Assets	2 389 000	1 024 000	1 647 000	1 738 000
Total Equity	412 000	262 000	69 000	383 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 902 000	4 621 000	3 738 000	2 451 000
Expenditure	4 236 000	4 574 000	4 007 000	2 397 000
Operating Profit	144 000	10 000	−270 000	53 000
Financial Income	14 000	6 000	34 000	18 000
Financial Costs	9 000	73 000	78 000	56 000
Financial Balance	5 000	−67 000	−44 000	−38 000
Earnings Before Tax	150 000	−57 000	−314 000	16 000
Tax	0	0	0	0
Net Income	150 000	−57 000	−314 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	36 000	63 000	95 000
Total Current Assets	2 385 000	988 000	1 583 000	1 643 000
Total Assets	2 389 000	1 024 000	1 647 000	1 738 000
Total Retained Equity	62 000	−88 000	−31 000	283 000
Total Equity	412 000	262 000	69 000	383 000
Total Long-Term Debt	1 090 000	274 000	0	0
Total Current Debt	886 000	488 000	1 577 000	1 355 000
Total Equity and Debt	2 389 000	1 024 000	1 647 000	1 738 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 902 000	4 621 000	3 737 000	2 451 000
Other Income	0	0	0	0
Revenue	3 902 000	4 621 000	3 738 000	2 451 000
Cost of Goods Sold	2 249 000	2 795 000	2 302 000	915 000
Salary Costs	867 000	892 000	863 000	778 000
Depreciation	33 000	31 000	31 000	22 000
Impairment	0	0	0	0
Expenditure	4 236 000	4 574 000	4 007 000	2 397 000
Operating Profit	144 000	10 000	−270 000	53 000
Financial Income	14 000	6 000	34 000	18 000
Financial Costs	9 000	73 000	78 000	56 000
Financial Balance	5 000	−67 000	−44 000	−38 000
Dividends	0	0	0	0
Net Income	150 000	−57 000	−314 000	16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	13 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	23 000	63 000	95 000
Total Tangible Assets	3 000	23 000	63 000	95 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	36 000	63 000	95 000
Stock	1 776 000	1 364 000	1 398 000	1 388 000
Total Investments	0	0	0	0
Cash, Bank	150 000	−657 000	49 000	52 000
Total Current Assets	2 385 000	988 000	1 583 000	1 643 000
Total Assets	2 389 000	1 024 000	1 647 000	1 738 000
Total Equity	412 000	262 000	69 000	383 000
Short-Term Group Debt	0	0	524 000	105 000
Total Long-Term Debt	1 090 000	274 000	0	0
Creditors	627 000	186 000	98 000	240 000
Unpaid Taxes	109 000	184 000	182 000	175 000
Dividends	0	0	0	0
Other Current Debt	150 000	117 000	148 000	101 000
Total Current Debt	886 000	488 000	1 577 000	1 355 000
Total Equity and Debt	2 389 000	1 024 000	1 647 000	1 738 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,41 %	−21,76 %	−455,07 %	4,18 %
Debt-to-Equity Ratio	2,65	1,05	0	0
Operating Profit Margin	3,69 %	0,22 %	−7,22 %	2,16 %
Current Ratio	2,69	2,02	1	1,21
Quick Ratio	−2,68	−1,13	8,84	−49,79
Equity Ratio	0,17	0,26	0,04	0,22
Gross Profit Margin	42,36 %	39,52 %	38,42 %	62,67 %