FARES AS

8070 BODØ

Finances

Return on Equity

25,55 %

Current Ratio

13,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 406 000	3 503 000	3 604 000	3 305 000
Net Income	4 646 000	2 436 000	347 000	2 190 000
Total Assets	19 603 000	14 258 000	13 844 000	13 424 000
Total Equity	18 185 000	13 539 000	13 103 000	12 756 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 406 000	3 503 000	3 604 000	3 305 000
Expenditure	1 444 000	1 384 000	1 375 000	1 442 000
Operating Profit	4 962 000	2 118 000	2 229 000	1 863 000
Financial Income	1 139 000	786 000	1 116 000	739 000
Financial Costs	353 000	0	2 513 000	0
Financial Balance	786 000	786 000	−1 397 000	739 000
Earnings Before Tax	5 747 000	2 904 000	831 000	2 603 000
Tax	1 101 000	468 000	484 000	413 000
Net Income	4 646 000	2 436 000	347 000	2 190 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	871 000	1 029 000	438 000	576 000
Total Current Assets	18 732 000	13 229 000	13 406 000	12 848 000
Total Assets	19 603 000	14 258 000	13 844 000	13 424 000
Total Retained Equity	18 045 000	13 399 000	12 963 000	12 616 000
Total Equity	18 185 000	13 539 000	13 103 000	12 756 000
Total Long-Term Debt	72 000	78 000	23 000	22 000
Total Current Debt	1 345 000	641 000	718 000	646 000
Total Equity and Debt	19 603 000	14 258 000	13 844 000	13 424 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 406 000	3 272 000	3 604 000	3 288 000
Other Income	0	231 000	0	17 000
Revenue	6 406 000	3 503 000	3 604 000	3 305 000
Cost of Goods Sold	0	0	0	8 000
Salary Costs	970 000	958 000	951 000	963 000
Depreciation	158 000	148 000	138 000	138 000
Impairment	0	0	0	0
Expenditure	1 444 000	1 384 000	1 375 000	1 442 000
Operating Profit	4 962 000	2 118 000	2 229 000	1 863 000
Financial Income	1 139 000	786 000	1 116 000	739 000
Financial Costs	353 000	0	2 513 000	0
Financial Balance	786 000	786 000	−1 397 000	739 000
Dividends	0	0	0	0
Net Income	4 646 000	2 436 000	347 000	2 190 000

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	871 000	1 029 000	438 000	576 000
Total Tangible Assets	871 000	1 029 000	438 000	576 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	871 000	1 029 000	438 000	576 000
Stock	0	0	0	0
Total Investments	2 810 000	2 310 000	1 395 000	5 646 000
Cash, Bank	15 606 000	10 691 000	11 710 000	6 900 000
Total Current Assets	18 732 000	13 229 000	13 406 000	12 848 000
Total Assets	19 603 000	14 258 000	13 844 000	13 424 000
Total Equity	18 185 000	13 539 000	13 103 000	12 756 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	72 000	78 000	23 000	22 000
Creditors	17 000	14 000	4 000	5 000
Unpaid Taxes	122 000	113 000	130 000	121 000
Dividends	0	0	0	0
Other Current Debt	99 000	101 000	101 000	98 000
Total Current Debt	1 345 000	641 000	718 000	646 000
Total Equity and Debt	19 603 000	14 258 000	13 844 000	13 424 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,55 %	17,99 %	2,65 %	17,17 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	77,46 %	60,46 %	61,85 %	56,37 %
Current Ratio	13,93	20,64	18,67	19,89
Quick Ratio	13,93	20,64	18,67	19,89
Equity Ratio	0,93	0,95	0,95	0,95
Gross Profit Margin	100 %	100 %	100 %	99,76 %