FÆRØYVÅGEN AS

8850 HERØY

Finances

Share Ownership

Return on Equity

6,14 %

Current Ratio

12,12

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 195 000	1 015 000	1 229 000	1 208 000
Net Income	261 000	34 000	112 000	60 000
Total Assets	10 032 000	9 843 000	7 726 000	7 970 000
Total Equity	4 253 000	3 992 000	1 558 000	1 445 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 195 000	1 015 000	1 229 000	1 208 000
Expenditure	782 000	794 000	868 000	892 000
Operating Profit	414 000	221 000	361 000	316 000
Financial Income	126 000	1 000	1 000	7 000
Financial Costs	241 000	185 000	226 000	247 000
Financial Balance	−115 000	−184 000	−225 000	−240 000
Earnings Before Tax	299 000	37 000	136 000	76 000
Tax	37 000	2 000	23 000	17 000
Net Income	261 000	34 000	112 000	60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 026 000	9 249 000	7 225 000	6 894 000
Total Current Assets	1 006 000	594 000	501 000	1 076 000
Total Assets	10 032 000	9 843 000	7 726 000	7 970 000
Total Retained Equity	1 753 000	1 492 000	1 458 000	1 345 000
Total Equity	4 253 000	3 992 000	1 558 000	1 445 000
Total Long-Term Debt	5 696 000	5 792 000	6 128 000	6 258 000
Total Current Debt	83 000	59 000	41 000	267 000
Total Equity and Debt	10 032 000	9 843 000	7 726 000	7 970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	643 000	340 000	425 000	463 000
Other Income	553 000	675 000	803 000	746 000
Revenue	1 195 000	1 015 000	1 229 000	1 208 000
Cost of Goods Sold	28 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	288 000	282 000	282 000	296 000
Impairment	0	0	0	0
Expenditure	782 000	794 000	868 000	892 000
Operating Profit	414 000	221 000	361 000	316 000
Financial Income	126 000	1 000	1 000	7 000
Financial Costs	241 000	185 000	226 000	247 000
Financial Balance	−115 000	−184 000	−225 000	−240 000
Dividends	0	0	0	0
Net Income	261 000	34 000	112 000	60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 909 000	9 081 000	7 012 000	6 626 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	99 000	129 000	165 000	211 000
Total Tangible Assets	9 008 000	9 210 000	7 177 000	6 836 000
Total Fiancial Fixed Assets	18 000	38 000	48 000	58 000
Total Fixed Assets	9 026 000	9 249 000	7 225 000	6 894 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	877 000	493 000	286 000	955 000
Total Current Assets	1 006 000	594 000	501 000	1 076 000
Total Assets	10 032 000	9 843 000	7 726 000	7 970 000
Total Equity	4 253 000	3 992 000	1 558 000	1 445 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 696 000	5 792 000	6 128 000	6 258 000
Creditors	18 000	46 000	18 000	191 000
Unpaid Taxes	28 000	11 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	60 000
Total Current Debt	83 000	59 000	41 000	267 000
Total Equity and Debt	10 032 000	9 843 000	7 726 000	7 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,14 %	0,85 %	7,19 %	4,15 %
Debt-to-Equity Ratio	1,34	1,45	3,93	4,33
Operating Profit Margin	34,64 %	21,77 %	29,37 %	26,16 %
Current Ratio	12,12	10,07	12,22	4,03
Quick Ratio	12,12	10,07	12,22	4,03
Equity Ratio	0,42	0,41	0,2	0,18
Gross Profit Margin	97,66 %	100 %	100 %	100 %