FARMAND EIENDOM AS

1453 BJØRNEMYR

Finances

Share Ownership

Return on Equity

18,31 %

Current Ratio

6,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 190 000	1 141 000	1 115 000	1 095 000
Net Income	676 000	645 000	624 000	542 000
Total Assets	4 306 000	4 102 000	3 425 000	2 774 000
Total Equity	3 691 000	3 414 000	3 269 000	2 645 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 190 000	1 141 000	1 115 000	1 095 000
Expenditure	337 000	322 000	352 000	455 000
Operating Profit	853 000	818 000	763 000	640 000
Financial Income	7 000	0	13 000	23 000
Financial Costs	0	0	0	1 000
Financial Balance	7 000	0	13 000	22 000
Earnings Before Tax	859 000	818 000	776 000	663 000
Tax	183 000	173 000	152 000	121 000
Net Income	676 000	645 000	624 000	542 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	398 000	599 000	809 000	1 019 000
Total Current Assets	3 908 000	3 503 000	2 616 000	1 755 000
Total Assets	4 306 000	4 102 000	3 425 000	2 774 000
Total Retained Equity	2 691 000	2 414 000	2 269 000	1 645 000
Total Equity	3 691 000	3 414 000	3 269 000	2 645 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	616 000	688 000	155 000	129 000
Total Equity and Debt	4 306 000	4 102 000	3 425 000	2 774 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 190 000	1 141 000	1 115 000	1 095 000
Other Income	0	0	0	0
Revenue	1 190 000	1 141 000	1 115 000	1 095 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	210 000	210 000	210 000	210 000
Impairment	0	0	0	0
Expenditure	337 000	322 000	352 000	455 000
Operating Profit	853 000	818 000	763 000	640 000
Financial Income	7 000	0	13 000	23 000
Financial Costs	0	0	0	1 000
Financial Balance	7 000	0	13 000	22 000
Dividends	400 000	500 000	0	0
Net Income	676 000	645 000	624 000	542 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	389 000	599 000	809 000	1 019 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	389 000	599 000	809 000	1 019 000
Total Fiancial Fixed Assets	9 000	0	0	0
Total Fixed Assets	398 000	599 000	809 000	1 019 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 908 000	3 503 000	2 616 000	1 711 000
Total Current Assets	3 908 000	3 503 000	2 616 000	1 755 000
Total Assets	4 306 000	4 102 000	3 425 000	2 774 000
Total Equity	3 691 000	3 414 000	3 269 000	2 645 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	36 000	16 000	2 000	7 000
Unpaid Taxes	0	0	0	0
Dividends	400 000	500 000	0	0
Other Current Debt	397 000	502 000	2 000	2 000
Total Current Debt	616 000	688 000	155 000	129 000
Total Equity and Debt	4 306 000	4 102 000	3 425 000	2 774 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,31 %	18,89 %	19,09 %	20,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	71,68 %	71,69 %	68,43 %	58,45 %
Current Ratio	6,34	5,09	16,88	13,6
Quick Ratio	6,34	5,09	16,88	13,6
Equity Ratio	0,86	0,83	0,95	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %