FANØYVÅG AS

6917 BATALDEN

Finances

Share Ownership

Return on Equity

22,18 %

Current Ratio

2,51

Debt-to-Equity Ratio

2,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 497 000	24 068 000	20 955 000	26 757 000
Net Income	5 802 000	8 027 000	−1 040 000	64 000
Total Assets	105 101 000	75 866 000	111 441 000	79 226 000
Total Equity	26 154 000	20 351 000	13 003 000	14 043 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 497 000	24 068 000	20 955 000	26 757 000
Expenditure	40 350 000	24 283 000	19 762 000	24 475 000
Operating Profit	10 145 000	−215 000	1 193 000	2 282 000
Financial Income	77 000	10 338 000	54 000	86 000
Financial Costs	2 783 000	2 715 000	2 580 000	2 285 000
Financial Balance	−2 706 000	7 623 000	−2 526 000	−2 199 000
Earnings Before Tax	7 439 000	7 408 000	−1 333 000	83 000
Tax	1 637 000	−620 000	−293 000	20 000
Net Income	5 802 000	8 027 000	−1 040 000	64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 919 000	63 098 000	23 078 000	66 320 000
Total Current Assets	23 182 000	12 768 000	88 363 000	12 905 000
Total Assets	105 101 000	75 866 000	111 441 000	79 226 000
Total Retained Equity	22 048 000	16 245 000	8 897 000	9 937 000
Total Equity	26 154 000	20 351 000	13 003 000	14 043 000
Total Long-Term Debt	69 702 000	53 783 000	95 132 000	60 239 000
Total Current Debt	9 245 000	1 732 000	3 306 000	4 943 000
Total Equity and Debt	105 101 000	75 866 000	111 441 000	79 226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 496 000	24 068 000	20 955 000	26 577 000
Other Income	1 000	0	0	180 000
Revenue	50 497 000	24 068 000	20 955 000	26 757 000
Cost of Goods Sold	1 223 000	735 000	750 000	711 000
Salary Costs	19 804 000	10 640 000	8 324 000	10 117 000
Depreciation	6 679 000	3 005 000	2 538 000	2 939 000
Impairment	0	0	0	0
Expenditure	40 350 000	24 283 000	19 762 000	24 475 000
Operating Profit	10 145 000	−215 000	1 193 000	2 282 000
Financial Income	77 000	10 338 000	54 000	86 000
Financial Costs	2 783 000	2 715 000	2 580 000	2 285 000
Financial Balance	−2 706 000	7 623 000	−2 526 000	−2 199 000
Dividends	0	0	0	1 000 000
Net Income	5 802 000	8 027 000	−1 040 000	64 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	43 717 000	22 361 000	23 039 000	20 726 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	3 000	9 000	16 000
Total Tangible Assets	38 201 000	40 737 000	9 000	45 595 000
Total Fiancial Fixed Assets	0	0	30 000	0
Total Fixed Assets	81 919 000	63 098 000	23 078 000	66 320 000
Stock	0	0	0	299 000
Total Investments	0	0	0	0
Cash, Bank	17 214 000	10 804 000	3 191 000	11 159 000
Total Current Assets	23 182 000	12 768 000	88 363 000	12 905 000
Total Assets	105 101 000	75 866 000	111 441 000	79 226 000
Total Equity	26 154 000	20 351 000	13 003 000	14 043 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	69 702 000	53 783 000	95 132 000	60 239 000
Creditors	854 000	409 000	1 066 000	2 564 000
Unpaid Taxes	4 362 000	692 000	996 000	848 000
Dividends	0	0	0	1 000 000
Other Current Debt	4 029 000	630 000	1 243 000	1 531 000
Total Current Debt	9 245 000	1 732 000	3 306 000	4 943 000
Total Equity and Debt	105 101 000	75 866 000	111 441 000	79 226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,18 %	39,44 %	−8 %	0,46 %
Debt-to-Equity Ratio	2,67	2,64	7,32	4,29
Operating Profit Margin	20,09 %	−0,89 %	5,69 %	8,53 %
Current Ratio	2,51	7,37	26,73	2,61
Quick Ratio	2,51	7,37	26,73	2,78
Equity Ratio	0,25	0,27	0,12	0,18
Gross Profit Margin	97,58 %	96,95 %	96,42 %	97,34 %