FAVN AS

4314 SANDNES

Finances

Return on Equity

163,24 %

Current Ratio

5,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	55 875 000	115 128 000
Net Income	13 201 000	3 293 000	−341 000	−3 416 000
Total Assets	8 391 000	6 351 000	79 668 000	78 795 000
Total Equity	8 087 000	6 286 000	29 613 000	27 704 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	55 875 000	115 128 000
Expenditure	82 000	62 000	55 728 000	114 729 000
Operating Profit	−82 000	−62 000	148 000	399 000
Financial Income	13 465 000	3 486 000	1 458 000	36 000
Financial Costs	100 000	0	1 519 000	3 793 000
Financial Balance	13 365 000	3 486 000	−61 000	−3 757 000
Earnings Before Tax	13 283 000	3 424 000	87 000	−3 358 000
Tax	82 000	131 000	428 000	59 000
Net Income	13 201 000	3 293 000	−341 000	−3 416 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 789 000	2 154 000	10 824 000	11 532 000
Total Current Assets	1 602 000	4 197 000	68 844 000	67 263 000
Total Assets	8 391 000	6 351 000	79 668 000	78 795 000
Total Retained Equity	7 684 000	5 883 000	25 714 000	26 171 000
Total Equity	8 087 000	6 286 000	29 613 000	27 704 000
Total Long-Term Debt	4 000	5 000	13 739 000	6 114 000
Total Current Debt	299 000	59 000	36 316 000	44 977 000
Total Equity and Debt	8 391 000	6 351 000	79 668 000	78 795 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	54 697 000	114 030 000
Other Income	0	0	1 178 000	1 098 000
Revenue	0	0	55 875 000	115 128 000
Cost of Goods Sold	0	0	38 865 000	86 608 000
Salary Costs	0	0	14 909 000	21 104 000
Depreciation	0	0	1 006 000	1 266 000
Impairment	0	0	0	0
Expenditure	82 000	62 000	55 728 000	114 729 000
Operating Profit	−82 000	−62 000	148 000	399 000
Financial Income	13 465 000	3 486 000	1 458 000	36 000
Financial Costs	100 000	0	1 519 000	3 793 000
Financial Balance	13 365 000	3 486 000	−61 000	−3 757 000
Dividends	11 400 000	1 000 000	0	0
Net Income	13 201 000	3 293 000	−341 000	−3 416 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	451 000	558 000
Real Eastate	0	0	8 997 000	9 285 000
Machinery and Plant Facilities	0	0	346 000	731 000
Fixtures	0	0	914 000	760 000
Total Tangible Assets	0	0	10 257 000	10 776 000
Total Fiancial Fixed Assets	6 789 000	2 154 000	116 000	197 000
Total Fixed Assets	6 789 000	2 154 000	10 824 000	11 532 000
Stock	0	0	53 065 000	51 807 000
Total Investments	0	0	0	0
Cash, Bank	1 133 000	2 884 000	6 999 000	3 748 000
Total Current Assets	1 602 000	4 197 000	68 844 000	67 263 000
Total Assets	8 391 000	6 351 000	79 668 000	78 795 000
Total Equity	8 087 000	6 286 000	29 613 000	27 704 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	5 000	13 739 000	6 114 000
Creditors	215 000	0	2 394 000	2 176 000
Unpaid Taxes	0	0	2 334 000	2 531 000
Dividends	11 400 000	1 000 000	0	0
Other Current Debt	1 000	0	4 559 000	4 876 000
Total Current Debt	299 000	59 000	36 316 000	44 977 000
Total Equity and Debt	8 391 000	6 351 000	79 668 000	78 795 000

Financial indicators	2022	2021	2020	2019
Return on Equity	163,24 %	52,39 %	−1,15 %	−12,33 %
Debt-to-Equity Ratio	0	0	0,46	0,22
Operating Profit Margin	-	-	0,26 %	0,35 %
Current Ratio	5,36	71,14	1,9	1,5
Quick Ratio	5,36	71,14	−4,11	−9,85
Equity Ratio	0,96	0,99	0,37	0,35
Gross Profit Margin	-	-	30,44 %	24,77 %