FARRISEIDET EIENDOM AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

33,01 %

Current Ratio

0,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 432 000	3 329 000	3 269 000	2 862 000
Net Income	1 245 000	1 352 000	857 000	721 000
Total Assets	42 548 000	41 471 000	42 044 000	43 240 000
Total Equity	3 772 000	3 727 000	3 575 000	3 317 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 432 000	3 329 000	3 269 000	2 862 000
Expenditure	857 000	888 000	967 000	895 000
Operating Profit	2 575 000	2 440 000	2 302 000	1 967 000
Financial Income	56 000	14 000	3 000	43 000
Financial Costs	1 034 000	720 000	1 206 000	1 087 000
Financial Balance	−978 000	−706 000	−1 203 000	−1 044 000
Earnings Before Tax	1 597 000	1 734 000	1 099 000	924 000
Tax	351 000	381 000	242 000	203 000
Net Income	1 245 000	1 352 000	857 000	721 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 691 000	41 255 000	41 985 000	42 733 000
Total Current Assets	1 857 000	216 000	58 000	507 000
Total Assets	42 548 000	41 471 000	42 044 000	43 240 000
Total Retained Equity	198 000	152 000	0	−1 680 000
Total Equity	3 772 000	3 727 000	3 575 000	3 317 000
Total Long-Term Debt	0	30 236 000	31 710 000	32 813 000
Total Current Debt	38 775 000	7 508 000	6 758 000	7 111 000
Total Equity and Debt	42 548 000	41 471 000	42 044 000	43 240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 432 000	3 329 000	3 269 000	2 862 000
Revenue	3 432 000	3 329 000	3 269 000	2 862 000
Cost of Goods Sold	11 000	21 000	17 000	34 000
Salary Costs	0	0	0	0
Depreciation	678 000	678 000	678 000	625 000
Impairment	0	0	0	0
Expenditure	857 000	888 000	967 000	895 000
Operating Profit	2 575 000	2 440 000	2 302 000	1 967 000
Financial Income	56 000	14 000	3 000	43 000
Financial Costs	1 034 000	720 000	1 206 000	1 087 000
Financial Balance	−978 000	−706 000	−1 203 000	−1 044 000
Dividends	1 200 000	1 200 000	600 000	0
Net Income	1 245 000	1 352 000	857 000	721 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	129 000	166 000	217 000	287 000
Real Eastate	40 561 000	41 090 000	41 768 000	42 446 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	40 561 000	41 090 000	41 768 000	42 446 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 691 000	41 255 000	41 985 000	42 733 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	13 000	13 000
Total Current Assets	1 857 000	216 000	58 000	507 000
Total Assets	42 548 000	41 471 000	42 044 000	43 240 000
Total Equity	3 772 000	3 727 000	3 575 000	3 317 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	30 236 000	31 710 000	32 813 000
Creditors	5 000	0	0	0
Unpaid Taxes	135 000	128 000	133 000	121 000
Dividends	1 200 000	1 200 000	600 000	0
Other Current Debt	38 320 000	7 051 000	6 453 000	6 889 000
Total Current Debt	38 775 000	7 508 000	6 758 000	7 111 000
Total Equity and Debt	42 548 000	41 471 000	42 044 000	43 240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,01 %	36,28 %	23,97 %	21,74 %
Debt-to-Equity Ratio	0	8,11	8,87	9,89
Operating Profit Margin	75,03 %	73,3 %	70,42 %	68,73 %
Current Ratio	0,05	0,03	0,01	0,07
Quick Ratio	0,05	0,03	0,01	0,07
Equity Ratio	0,09	0,09	0,09	0,08
Gross Profit Margin	99,68 %	99,37 %	99,48 %	98,81 %