FARET 6 AS

3271 LARVIK

Finances

Share Ownership

Return on Equity

4,4 %

Current Ratio

5,21

Debt-to-Equity Ratio

1,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	730 000	480 000	480 000	500 000
Net Income	94 000	−67 000	−38 000	32 000
Total Assets	5 738 000	5 820 000	6 080 000	6 370 000
Total Equity	2 138 000	2 044 000	2 033 000	2 071 000

Income (NOK)	2022	2021	2020	2019
Revenue	730 000	480 000	480 000	500 000
Expenditure	460 000	441 000	388 000	331 000
Operating Profit	270 000	39 000	92 000	169 000
Financial Income	0	4 000	3 000	28 000
Financial Costs	150 000	129 000	144 000	157 000
Financial Balance	−150 000	−125 000	−141 000	−129 000
Earnings Before Tax	120 000	−86 000	−49 000	40 000
Tax	26 000	−19 000	−11 000	9 000
Net Income	94 000	−67 000	−38 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 722 000	4 891 000	5 060 000	5 093 000
Total Current Assets	1 016 000	929 000	1 020 000	1 276 000
Total Assets	5 738 000	5 820 000	6 080 000	6 370 000
Total Retained Equity	1 260 000	1 166 000	1 233 000	1 271 000
Total Equity	2 138 000	2 044 000	2 033 000	2 071 000
Total Long-Term Debt	3 405 000	3 663 000	3 918 000	4 168 000
Total Current Debt	195 000	113 000	129 000	131 000
Total Equity and Debt	5 738 000	5 820 000	6 080 000	6 370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	730 000	480 000	480 000	500 000
Other Income	0	0	0	0
Revenue	730 000	480 000	480 000	500 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	169 000	169 000	165 000	143 000
Impairment	0	0	0	0
Expenditure	460 000	441 000	388 000	331 000
Operating Profit	270 000	39 000	92 000	169 000
Financial Income	0	4 000	3 000	28 000
Financial Costs	150 000	129 000	144 000	157 000
Financial Balance	−150 000	−125 000	−141 000	−129 000
Dividends	0	0	0	0
Net Income	94 000	−67 000	−38 000	32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 665 000	4 808 000	4 951 000	5 093 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	57 000	83 000	110 000	0
Total Tangible Assets	4 722 000	4 891 000	5 060 000	5 093 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 722 000	4 891 000	5 060 000	5 093 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	220 000	80 000	251 000	611 000
Total Current Assets	1 016 000	929 000	1 020 000	1 276 000
Total Assets	5 738 000	5 820 000	6 080 000	6 370 000
Total Equity	2 138 000	2 044 000	2 033 000	2 071 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 405 000	3 663 000	3 918 000	4 168 000
Creditors	9 000	23 000	31 000	6 000
Unpaid Taxes	120 000	60 000	70 000	86 000
Dividends	0	0	0	0
Other Current Debt	38 000	28 000	28 000	36 000
Total Current Debt	195 000	113 000	129 000	131 000
Total Equity and Debt	5 738 000	5 820 000	6 080 000	6 370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,4 %	−3,28 %	−1,87 %	1,55 %
Debt-to-Equity Ratio	1,59	1,79	1,93	2,01
Operating Profit Margin	36,99 %	8,13 %	19,17 %	33,8 %
Current Ratio	5,21	8,22	7,91	9,74
Quick Ratio	5,21	8,22	7,91	9,74
Equity Ratio	0,37	0,35	0,33	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %