FAVUSEAL AS

1351 RUD

Finances

Return on Equity

−75,99 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 481 000	10 479 000	2 551 000	2 537 000
Net Income	−10 753 000	16 351 000	24 788 000	1 709 000
Total Assets	30 569 000	43 439 000	22 535 000	8 219 000
Total Equity	14 150 000	24 903 000	18 551 000	4 263 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 481 000	10 479 000	2 551 000	2 537 000
Expenditure	4 207 000	8 568 000	2 941 000	3 366 000
Operating Profit	−726 000	1 912 000	−390 000	−828 000
Financial Income	14 449 000	15 065 000	25 226 000	3 090 000
Financial Costs	24 453 000	242 000	30 000	70 000
Financial Balance	−10 004 000	14 823 000	25 196 000	3 020 000
Earnings Before Tax	−10 730 000	16 735 000	24 806 000	2 192 000
Tax	23 000	383 000	17 000	483 000
Net Income	−10 753 000	16 351 000	24 788 000	1 709 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 091 000	2 314 000	320 000	498 000
Total Current Assets	27 478 000	41 124 000	22 214 000	7 721 000
Total Assets	30 569 000	43 439 000	22 535 000	8 219 000
Total Retained Equity	14 049 000	24 802 000	18 451 000	4 162 000
Total Equity	14 150 000	24 903 000	18 551 000	4 263 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 419 000	18 536 000	3 983 000	3 956 000
Total Equity and Debt	30 569 000	43 439 000	22 535 000	8 219 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 481 000	10 479 000	2 551 000	2 537 000
Other Income	0	0	0	0
Revenue	3 481 000	10 479 000	2 551 000	2 537 000
Cost of Goods Sold	1 155 000	5 095 000	1 022 000	798 000
Salary Costs	1 878 000	2 291 000	1 488 000	1 429 000
Depreciation	51 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 207 000	8 568 000	2 941 000	3 366 000
Operating Profit	−726 000	1 912 000	−390 000	−828 000
Financial Income	14 449 000	15 065 000	25 226 000	3 090 000
Financial Costs	24 453 000	242 000	30 000	70 000
Financial Balance	−10 004 000	14 823 000	25 196 000	3 020 000
Dividends	0	10 000 000	0	0
Net Income	−10 753 000	16 351 000	24 788 000	1 709 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	25 000	31 000	48 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	359 000	0	0	0
Total Tangible Assets	359 000	0	0	0
Total Fiancial Fixed Assets	2 719 000	2 289 000	289 000	449 000
Total Fixed Assets	3 091 000	2 314 000	320 000	498 000
Stock	0	0	0	0
Total Investments	10 694 000	29 790 000	10 525 000	0
Cash, Bank	2 564 000	2 443 000	2 551 000	259 000
Total Current Assets	27 478 000	41 124 000	22 214 000	7 721 000
Total Assets	30 569 000	43 439 000	22 535 000	8 219 000
Total Equity	14 150 000	24 903 000	18 551 000	4 263 000
Short-Term Group Debt	15 910 000	3 105 000	3 563 000	590 000
Total Long-Term Debt	0	0	0	0
Creditors	87 000	3 579 000	196 000	384 000
Unpaid Taxes	152 000	1 223 000	113 000	105 000
Dividends	0	10 000 000	0	0
Other Current Debt	260 000	252 000	112 000	134 000
Total Current Debt	16 419 000	18 536 000	3 983 000	3 956 000
Total Equity and Debt	30 569 000	43 439 000	22 535 000	8 219 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−75,99 %	65,66 %	133,62 %	40,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−20,86 %	18,25 %	−15,29 %	−32,64 %
Current Ratio	1,67	2,22	5,58	1,95
Quick Ratio	1,67	2,22	5,58	1,95
Equity Ratio	0,46	0,57	0,82	0,52
Gross Profit Margin	66,82 %	51,38 %	59,94 %	68,55 %