FARSUND MULTI APPARTMENT AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

−10,88 %

Current Ratio

0,05

Debt-to-Equity Ratio

−1,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 278 000	586 000	467 000	643 000
Net Income	363 000	−11 000	−282 000	−163 000
Total Assets	3 933 000	3 913 000	4 013 000	4 147 000
Total Equity	−3 335 000	−3 698 000	−3 686 000	−3 404 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 278 000	586 000	467 000	643 000
Expenditure	594 000	356 000	481 000	504 000
Operating Profit	685 000	230 000	−14 000	138 000
Financial Income	0	0	0	0
Financial Costs	322 000	242 000	268 000	301 000
Financial Balance	−322 000	−242 000	−268 000	−301 000
Earnings Before Tax	363 000	−11 000	−282 000	−163 000
Tax	0	0	0	0
Net Income	363 000	−11 000	−282 000	−163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 795 000	3 891 000	3 987 000	4 101 000
Total Current Assets	137 000	22 000	26 000	47 000
Total Assets	3 933 000	3 913 000	4 013 000	4 147 000
Total Retained Equity	−3 685 000	−4 048 000	−4 036 000	−3 754 000
Total Equity	−3 335 000	−3 698 000	−3 686 000	−3 404 000
Total Long-Term Debt	4 752 000	4 965 000	5 045 000	5 128 000
Total Current Debt	2 515 000	2 645 000	2 654 000	2 423 000
Total Equity and Debt	3 933 000	3 913 000	4 013 000	4 147 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	873 000	44 000	0	0
Other Income	405 000	542 000	467 000	643 000
Revenue	1 278 000	586 000	467 000	643 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	0	0	0	0
Depreciation	96 000	96 000	105 000	111 000
Impairment	0	0	0	0
Expenditure	594 000	356 000	481 000	504 000
Operating Profit	685 000	230 000	−14 000	138 000
Financial Income	0	0	0	0
Financial Costs	322 000	242 000	268 000	301 000
Financial Balance	−322 000	−242 000	−268 000	−301 000
Dividends	0	0	0	0
Net Income	363 000	−11 000	−282 000	−163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 794 000	3 890 000	3 986 000	4 081 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	18 000
Total Tangible Assets	3 794 000	3 890 000	3 986 000	4 100 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	3 795 000	3 891 000	3 987 000	4 101 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	121 000	0	4 000	24 000
Total Current Assets	137 000	22 000	26 000	47 000
Total Assets	3 933 000	3 913 000	4 013 000	4 147 000
Total Equity	−3 335 000	−3 698 000	−3 686 000	−3 404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 752 000	4 965 000	5 045 000	5 128 000
Creditors	17 000	62 000	74 000	64 000
Unpaid Taxes	80 000	4 000	−3 000	5 000
Dividends	0	0	0	0
Other Current Debt	2 418 000	2 580 000	2 583 000	2 354 000
Total Current Debt	2 515 000	2 645 000	2 654 000	2 423 000
Total Equity and Debt	3 933 000	3 913 000	4 013 000	4 147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,88 %	0,3 %	7,65 %	4,79 %
Debt-to-Equity Ratio	−1,42	−1,34	−1,37	−1,51
Operating Profit Margin	53,6 %	39,25 %	−3 %	21,46 %
Current Ratio	0,05	0,01	0,01	0,02
Quick Ratio	0,05	0,01	0,01	0,02
Equity Ratio	−0,85	−0,95	−0,92	−0,82
Gross Profit Margin	100 %	100 %	99,79 %	100 %