FARSTAD INVEST AS

6411 MOLDE

Finances

Return on Equity

1,31 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 078 000	6 677 000	4 645 000	7 814 000
Net Income	36 000	347 000	257 000	9 000
Total Assets	7 404 000	4 593 000	5 489 000	7 170 000
Total Equity	2 748 000	2 712 000	2 364 000	2 107 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 078 000	6 677 000	4 645 000	7 814 000
Expenditure	5 980 000	6 095 000	4 329 000	7 793 000
Operating Profit	98 000	582 000	315 000	21 000
Financial Income	78 000	31 000	779 000	843 000
Financial Costs	140 000	266 000	837 000	855 000
Financial Balance	−62 000	−235 000	−58 000	−12 000
Earnings Before Tax	36 000	347 000	257 000	9 000
Tax	0	0	0	0
Net Income	36 000	347 000	257 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 167 000	729 000	642 000	413 000
Total Current Assets	5 237 000	3 865 000	4 847 000	6 758 000
Total Assets	7 404 000	4 593 000	5 489 000	7 170 000
Total Retained Equity	2 148 000	2 112 000	1 764 000	1 507 000
Total Equity	2 748 000	2 712 000	2 364 000	2 107 000
Total Long-Term Debt	758 000	600 000	478 000	661 000
Total Current Debt	3 899 000	1 281 000	2 647 000	4 402 000
Total Equity and Debt	7 404 000	4 593 000	5 489 000	7 170 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 853 000	6 598 000	4 557 000	7 814 000
Other Income	225 000	79 000	87 000	0
Revenue	6 078 000	6 677 000	4 645 000	7 814 000
Cost of Goods Sold	1 808 000	2 085 000	1 610 000	2 474 000
Salary Costs	3 202 000	3 050 000	1 759 000	2 899 000
Depreciation	46 000	14 000	63 000	78 000
Impairment	0	0	0	0
Expenditure	5 980 000	6 095 000	4 329 000	7 793 000
Operating Profit	98 000	582 000	315 000	21 000
Financial Income	78 000	31 000	779 000	843 000
Financial Costs	140 000	266 000	837 000	855 000
Financial Balance	−62 000	−235 000	−58 000	−12 000
Dividends	0	0	0	0
Net Income	36 000	347 000	257 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	84 000	106 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	282 000	1 000	12 000	75 000
Total Tangible Assets	366 000	107 000	12 000	75 000
Total Fiancial Fixed Assets	1 801 000	621 000	631 000	338 000
Total Fixed Assets	2 167 000	729 000	642 000	413 000
Stock	700 000	700 000	939 000	939 000
Total Investments	0	0	0	0
Cash, Bank	125 000	150 000	115 000	117 000
Total Current Assets	5 237 000	3 865 000	4 847 000	6 758 000
Total Assets	7 404 000	4 593 000	5 489 000	7 170 000
Total Equity	2 748 000	2 712 000	2 364 000	2 107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	758 000	600 000	478 000	661 000
Creditors	87 000	751 000	44 000	−74 000
Unpaid Taxes	167 000	180 000	472 000	491 000
Dividends	0	0	0	0
Other Current Debt	1 822 000	773 000	374 000	−436 000
Total Current Debt	3 899 000	1 281 000	2 647 000	4 402 000
Total Equity and Debt	7 404 000	4 593 000	5 489 000	7 170 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,31 %	12,79 %	10,87 %	0,43 %
Debt-to-Equity Ratio	0,28	0,22	0,2	0,31
Operating Profit Margin	1,61 %	8,72 %	6,78 %	0,27 %
Current Ratio	1,34	3,02	1,83	1,54
Quick Ratio	1,64	6,65	2,84	1,95
Equity Ratio	0,37	0,59	0,43	0,29
Gross Profit Margin	70,25 %	68,77 %	65,34 %	68,34 %