FARTØY & VERKTØY AS

4015 STAVANGER

Finances

Return on Equity

−1,22 %

Current Ratio

26,99

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	2 000	126 000	790 000
Net Income	−333 000	971 000	−1 128 000	1 954 000
Total Assets	32 758 000	34 229 000	30 585 000	32 664 000
Total Equity	27 359 000	27 693 000	29 221 000	31 849 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	2 000	126 000	790 000
Expenditure	−6 000	35 000	1 290 000	1 007 000
Operating Profit	6 000	−33 000	−1 165 000	−216 000
Financial Income	192 000	1 034 000	631 000	2 303 000
Financial Costs	530 000	29 000	594 000	132 000
Financial Balance	−338 000	1 005 000	37 000	2 171 000
Earnings Before Tax	−333 000	971 000	−1 128 000	1 954 000
Tax	0	0	0	0
Net Income	−333 000	971 000	−1 128 000	1 954 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 035 000	26 559 000	23 322 000	21 743 000
Total Current Assets	4 723 000	7 670 000	7 263 000	10 921 000
Total Assets	32 758 000	34 229 000	30 585 000	32 664 000
Total Retained Equity	27 163 000	27 496 000	29 025 000	31 653 000
Total Equity	27 359 000	27 693 000	29 221 000	31 849 000
Total Long-Term Debt	5 224 000	5 650 000	750 000	750 000
Total Current Debt	175 000	886 000	613 000	65 000
Total Equity and Debt	32 758 000	34 229 000	30 585 000	32 664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 000	12 000	333 000
Other Income	0	0	114 000	458 000
Revenue	0	2 000	126 000	790 000
Cost of Goods Sold	0	2 000	12 000	285 000
Salary Costs	0	0	−1 000	192 000
Depreciation	18 000	25 000	29 000	29 000
Impairment	0	0	0	0
Expenditure	−6 000	35 000	1 290 000	1 007 000
Operating Profit	6 000	−33 000	−1 165 000	−216 000
Financial Income	192 000	1 034 000	631 000	2 303 000
Financial Costs	530 000	29 000	594 000	132 000
Financial Balance	−338 000	1 005 000	37 000	2 171 000
Dividends	0	2 500 000	900 000	1 000 000
Net Income	−333 000	971 000	−1 128 000	1 954 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	2 658 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	21 000	46 000	88 000
Total Tangible Assets	3 000	21 000	46 000	2 746 000
Total Fiancial Fixed Assets	28 032 000	26 538 000	23 276 000	18 997 000
Total Fixed Assets	28 035 000	26 559 000	23 322 000	21 743 000
Stock	0	0	0	0
Total Investments	4 330 000	6 938 000	1 323 000	8 158 000
Cash, Bank	264 000	632 000	5 104 000	1 982 000
Total Current Assets	4 723 000	7 670 000	7 263 000	10 921 000
Total Assets	32 758 000	34 229 000	30 585 000	32 664 000
Total Equity	27 359 000	27 693 000	29 221 000	31 849 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 224 000	5 650 000	750 000	750 000
Creditors	−4 000	13 000	4 000	18 000
Unpaid Taxes	1 000	1 000	1 000	20 000
Dividends	0	2 500 000	900 000	1 000 000
Other Current Debt	178 000	872 000	8 000	27 000
Total Current Debt	175 000	886 000	613 000	65 000
Total Equity and Debt	32 758 000	34 229 000	30 585 000	32 664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,22 %	3,51 %	−3,86 %	6,14 %
Debt-to-Equity Ratio	0,19	0,2	0,03	0,02
Operating Profit Margin	-	−1 650 %	−924,6 %	−27,34 %
Current Ratio	26,99	8,66	11,85	168,02
Quick Ratio	26,99	8,66	11,85	168,02
Equity Ratio	0,84	0,81	0,96	0,98
Gross Profit Margin	-	0 %	90,48 %	63,92 %