FARSUND LUFTHAVN AS

4550 FARSUND

Finances

Return on Equity

−3,48 %

Current Ratio

0,61

Debt-to-Equity Ratio

7,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 586 000	2 231 000	2 328 000	2 296 000
Net Income	−49 000	−1 361 000	−763 000	−35 000
Total Assets	17 142 000	14 108 000	12 553 000	12 550 000
Total Equity	1 410 000	−1 041 000	320 000	1 083 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 586 000	2 231 000	2 328 000	2 296 000
Expenditure	1 869 000	3 092 000	2 627 000	1 747 000
Operating Profit	717 000	−861 000	−299 000	548 000
Financial Income	0	0	0	1 000
Financial Costs	766 000	500 000	465 000	584 000
Financial Balance	−766 000	−500 000	−465 000	−583 000
Earnings Before Tax	−49 000	−1 361 000	−763 000	−35 000
Tax	0	0	0	0
Net Income	−49 000	−1 361 000	−763 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 687 000	13 833 000	12 407 000	12 158 000
Total Current Assets	3 455 000	276 000	145 000	392 000
Total Assets	17 142 000	14 108 000	12 553 000	12 550 000
Total Retained Equity	0	−2 137 000	−776 000	−13 000
Total Equity	1 410 000	−1 041 000	320 000	1 083 000
Total Long-Term Debt	10 034 000	10 924 000	11 000 000	11 000 000
Total Current Debt	5 698 000	4 226 000	1 233 000	467 000
Total Equity and Debt	17 142 000	14 108 000	12 553 000	12 550 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	415 000
Other Income	2 586 000	2 231 000	2 328 000	1 881 000
Revenue	2 586 000	2 231 000	2 328 000	2 296 000
Cost of Goods Sold	0	0	0	0
Salary Costs	395 000	477 000	441 000	210 000
Depreciation	164 000	163 000	80 000	50 000
Impairment	0	0	0	0
Expenditure	1 869 000	3 092 000	2 627 000	1 747 000
Operating Profit	717 000	−861 000	−299 000	548 000
Financial Income	0	0	0	1 000
Financial Costs	766 000	500 000	465 000	584 000
Financial Balance	−766 000	−500 000	−465 000	−583 000
Dividends	0	0	0	0
Net Income	−49 000	−1 361 000	−763 000	−35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 492 000	7 601 000	6 297 000	6 332 000
Machinery and Plant Facilities	339 000	385 000	272 000	0
Fixtures	26 000	34 000	0	0
Total Tangible Assets	7 857 000	8 021 000	6 569 000	6 332 000
Total Fiancial Fixed Assets	5 830 000	5 812 000	5 839 000	5 827 000
Total Fixed Assets	13 687 000	13 833 000	12 407 000	12 158 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	12 000	17 000	86 000
Total Current Assets	3 455 000	276 000	145 000	392 000
Total Assets	17 142 000	14 108 000	12 553 000	12 550 000
Total Equity	1 410 000	−1 041 000	320 000	1 083 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 034 000	10 924 000	11 000 000	11 000 000
Creditors	411 000	524 000	577 000	198 000
Unpaid Taxes	53 000	53 000	34 000	229 000
Dividends	0	0	0	0
Other Current Debt	60 000	53 000	149 000	40 000
Total Current Debt	5 698 000	4 226 000	1 233 000	467 000
Total Equity and Debt	17 142 000	14 108 000	12 553 000	12 550 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,48 %	130,74 %	−238,44 %	−3,23 %
Debt-to-Equity Ratio	7,12	−10,49	34,38	10,16
Operating Profit Margin	27,73 %	−38,59 %	−12,84 %	23,87 %
Current Ratio	0,61	0,07	0,12	0,84
Quick Ratio	0,61	0,07	0,12	0,84
Equity Ratio	0,08	−0,07	0,03	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %