FARFARS VERKSTED AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

8,49 %

Current Ratio

5,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 311 000	1 898 000	2 006 000	2 414 000
Net Income	160 000	222 000	84 000	50 000
Total Assets	2 288 000	2 171 000	2 325 000	1 849 000
Total Equity	1 885 000	1 725 000	1 503 000	1 419 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 311 000	1 898 000	2 006 000	2 414 000
Expenditure	2 094 000	1 613 000	1 900 000	2 350 000
Operating Profit	218 000	284 000	107 000	64 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	13 000	0	0	0
Financial Balance	−12 000	1 000	1 000	1 000
Earnings Before Tax	205 000	285 000	107 000	65 000
Tax	45 000	63 000	24 000	14 000
Net Income	160 000	222 000	84 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 288 000	2 171 000	2 325 000	1 849 000
Total Assets	2 288 000	2 171 000	2 325 000	1 849 000
Total Retained Equity	1 855 000	1 695 000	1 473 000	1 389 000
Total Equity	1 885 000	1 725 000	1 503 000	1 419 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	403 000	446 000	823 000	430 000
Total Equity and Debt	2 288 000	2 171 000	2 325 000	1 849 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 311 000	1 898 000	2 006 000	2 414 000
Other Income	0	0	0	0
Revenue	2 311 000	1 898 000	2 006 000	2 414 000
Cost of Goods Sold	1 049 000	965 000	829 000	1 110 000
Salary Costs	983 000	594 000	969 000	1 157 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 094 000	1 613 000	1 900 000	2 350 000
Operating Profit	218 000	284 000	107 000	64 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	13 000	0	0	0
Financial Balance	−12 000	1 000	1 000	1 000
Dividends	0	0	0	0
Net Income	160 000	222 000	84 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	630 000	900 000	1 110 000	690 000
Total Investments	0	0	0	0
Cash, Bank	1 464 000	1 110 000	753 000	818 000
Total Current Assets	2 288 000	2 171 000	2 325 000	1 849 000
Total Assets	2 288 000	2 171 000	2 325 000	1 849 000
Total Equity	1 885 000	1 725 000	1 503 000	1 419 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	84 000	94 000	455 000	149 000
Unpaid Taxes	145 000	139 000	117 000	74 000
Dividends	0	0	0	0
Other Current Debt	129 000	150 000	226 000	193 000
Total Current Debt	403 000	446 000	823 000	430 000
Total Equity and Debt	2 288 000	2 171 000	2 325 000	1 849 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,49 %	12,87 %	5,59 %	3,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,43 %	14,96 %	5,33 %	2,65 %
Current Ratio	5,68	4,87	2,83	4,3
Quick Ratio	−10,08	−4,78	−8,1	−7,11
Equity Ratio	0,82	0,79	0,65	0,77
Gross Profit Margin	54,61 %	49,16 %	58,67 %	54,02 %