FARMEN EIENDOM AS

3027 DRAMMEN

Finances

Share Ownership

Return on Equity

21,36 %

Current Ratio

4,4

Debt-to-Equity Ratio

3,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 965 000	4 965 000	4 882 000	4 794 000
Net Income	2 615 000	3 042 000	2 862 000	2 750 000
Total Assets	59 781 000	71 542 000	52 234 000	52 499 000
Total Equity	12 245 000	7 896 000	19 972 000	19 917 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 965 000	4 965 000	4 882 000	4 794 000
Expenditure	773 000	684 000	681 000	769 000
Operating Profit	4 192 000	4 281 000	4 201 000	4 025 000
Financial Income	691 000	487 000	190 000	417 000
Financial Costs	1 530 000	868 000	722 000	917 000
Financial Balance	−839 000	−381 000	−532 000	−500 000
Earnings Before Tax	3 354 000	3 900 000	3 669 000	3 525 000
Tax	738 000	858 000	807 000	775 000
Net Income	2 615 000	3 042 000	2 862 000	2 750 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 687 000	35 844 000	26 414 000	26 983 000
Total Current Assets	9 094 000	35 698 000	25 820 000	25 516 000
Total Assets	59 781 000	71 542 000	52 234 000	52 499 000
Total Retained Equity	4 349 000	0	10 175 000	10 120 000
Total Equity	12 245 000	7 896 000	19 972 000	19 917 000
Total Long-Term Debt	45 467 000	4 842 000	28 627 000	29 057 000
Total Current Debt	2 069 000	58 804 000	3 635 000	3 525 000
Total Equity and Debt	59 781 000	71 542 000	52 234 000	52 499 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	4 882 000	4 794 000
Other Income	4 965 000	4 965 000	0	0
Revenue	4 965 000	4 965 000	4 882 000	4 794 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	569 000	569 000	569 000	569 000
Impairment	0	0	0	0
Expenditure	773 000	684 000	681 000	769 000
Operating Profit	4 192 000	4 281 000	4 201 000	4 025 000
Financial Income	691 000	487 000	190 000	417 000
Financial Costs	1 530 000	868 000	722 000	917 000
Financial Balance	−839 000	−381 000	−532 000	−500 000
Dividends	0	0	0	0
Net Income	2 615 000	3 042 000	2 862 000	2 750 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	25 275 000	25 844 000	26 414 000	26 983 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	25 275 000	25 844 000	26 414 000	26 983 000
Total Fiancial Fixed Assets	25 412 000	10 000 000	0	0
Total Fixed Assets	50 687 000	35 844 000	26 414 000	26 983 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 550 000	0	0	0
Total Current Assets	9 094 000	35 698 000	25 820 000	25 516 000
Total Assets	59 781 000	71 542 000	52 234 000	52 499 000
Total Equity	12 245 000	7 896 000	19 972 000	19 917 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 467 000	4 842 000	28 627 000	29 057 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 592 000	12 306 000	3 616 000	3 524 000
Total Current Debt	2 069 000	58 804 000	3 635 000	3 525 000
Total Equity and Debt	59 781 000	71 542 000	52 234 000	52 499 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,36 %	38,53 %	14,33 %	13,81 %
Debt-to-Equity Ratio	3,71	0,61	1,43	1,46
Operating Profit Margin	84,43 %	86,22 %	86,05 %	83,96 %
Current Ratio	4,4	0,61	7,1	7,24
Quick Ratio	4,4	0,61	7,1	7,24
Equity Ratio	0,2	0,11	0,38	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %