FÆRØY EIENDOM AS

8850 HERØY

Finances

Return on Equity

−5,19 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 554 000	7 686 000	6 313 000	6 428 000
Net Income	−222 000	924 000	346 000	297 000
Total Assets	8 401 000	6 645 000	5 740 000	5 587 000
Total Equity	4 277 000	4 500 000	3 575 000	3 229 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 554 000	7 686 000	6 313 000	6 428 000
Expenditure	6 708 000	6 448 000	5 800 000	5 969 000
Operating Profit	−155 000	1 238 000	513 000	459 000
Financial Income	4 000	3 000	4 000	6 000
Financial Costs	134 000	56 000	73 000	84 000
Financial Balance	−130 000	−53 000	−69 000	−78 000
Earnings Before Tax	−285 000	1 185 000	444 000	381 000
Tax	−63 000	261 000	98 000	84 000
Net Income	−222 000	924 000	346 000	297 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 283 000	3 518 000	3 655 000	3 755 000
Total Current Assets	1 118 000	3 127 000	2 085 000	1 832 000
Total Assets	8 401 000	6 645 000	5 740 000	5 587 000
Total Retained Equity	2 927 000	3 150 000	2 225 000	1 879 000
Total Equity	4 277 000	4 500 000	3 575 000	3 229 000
Total Long-Term Debt	3 428 000	1 108 000	1 413 000	1 701 000
Total Current Debt	696 000	1 037 000	751 000	657 000
Total Equity and Debt	8 401 000	6 645 000	5 740 000	5 587 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 163 000	5 848 000	4 875 000	4 941 000
Other Income	1 391 000	1 837 000	1 438 000	1 487 000
Revenue	6 554 000	7 686 000	6 313 000	6 428 000
Cost of Goods Sold	1 933 000	1 915 000	1 707 000	1 770 000
Salary Costs	3 468 000	3 276 000	2 779 000	2 889 000
Depreciation	244 000	186 000	184 000	178 000
Impairment	0	0	0	0
Expenditure	6 708 000	6 448 000	5 800 000	5 969 000
Operating Profit	−155 000	1 238 000	513 000	459 000
Financial Income	4 000	3 000	4 000	6 000
Financial Costs	134 000	56 000	73 000	84 000
Financial Balance	−130 000	−53 000	−69 000	−78 000
Dividends	0	0	0	0
Net Income	−222 000	924 000	346 000	297 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	0	0	0
Real Eastate	6 788 000	3 375 000	3 552 000	3 728 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	461 000	133 000	93 000	17 000
Total Tangible Assets	7 249 000	3 508 000	3 645 000	3 745 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	7 283 000	3 518 000	3 655 000	3 755 000
Stock	97 000	94 000	100 000	98 000
Total Investments	0	0	0	0
Cash, Bank	814 000	2 731 000	1 727 000	1 445 000
Total Current Assets	1 118 000	3 127 000	2 085 000	1 832 000
Total Assets	8 401 000	6 645 000	5 740 000	5 587 000
Total Equity	4 277 000	4 500 000	3 575 000	3 229 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 428 000	1 108 000	1 413 000	1 701 000
Creditors	60 000	70 000	57 000	118 000
Unpaid Taxes	187 000	291 000	214 000	187 000
Dividends	0	0	0	0
Other Current Debt	449 000	410 000	378 000	265 000
Total Current Debt	696 000	1 037 000	751 000	657 000
Total Equity and Debt	8 401 000	6 645 000	5 740 000	5 587 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,19 %	20,53 %	9,68 %	9,2 %
Debt-to-Equity Ratio	0,8	0,25	0,4	0,53
Operating Profit Margin	−2,36 %	16,11 %	8,13 %	7,14 %
Current Ratio	1,61	3,02	2,78	2,79
Quick Ratio	1,87	3,32	3,2	3,28
Equity Ratio	0,51	0,68	0,62	0,58
Gross Profit Margin	70,51 %	75,08 %	72,96 %	72,46 %