FÆRAAS EIENDOM AS

5542 KARMSUND

Finances

Return on Equity

11,27 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	380 000	385 000	352 000	360 000
Net Income	363 000	−432 000	25 000	−59 000
Total Assets	3 412 000	4 188 000	5 304 000	7 117 000
Total Equity	3 222 000	2 859 000	3 291 000	3 266 000

Income (NOK)	2022	2021	2020	2019
Revenue	380 000	385 000	352 000	360 000
Expenditure	280 000	387 000	271 000	367 000
Operating Profit	100 000	−3 000	82 000	−7 000
Financial Income	0	0	0	0
Financial Costs	−295 000	421 000	38 000	53 000
Financial Balance	295 000	−421 000	−38 000	−53 000
Earnings Before Tax	395 000	−423 000	44 000	−60 000
Tax	32 000	9 000	18 000	−1 000
Net Income	363 000	−432 000	25 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 203 000	3 943 000	5 072 000	5 928 000
Total Current Assets	209 000	245 000	232 000	1 189 000
Total Assets	3 412 000	4 188 000	5 304 000	7 117 000
Total Retained Equity	2 081 000	1 718 000	2 150 000	2 125 000
Total Equity	3 222 000	2 859 000	3 291 000	3 266 000
Total Long-Term Debt	0	0	327 000	1 265 000
Total Current Debt	189 000	1 329 000	1 686 000	2 586 000
Total Equity and Debt	3 412 000	4 188 000	5 304 000	7 117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	2 000	360 000
Other Income	380 000	385 000	350 000	0
Revenue	380 000	385 000	352 000	360 000
Cost of Goods Sold	0	0	41 000	0
Salary Costs	0	0	0	0
Depreciation	140 000	127 000	106 000	106 000
Impairment	0	0	0	0
Expenditure	280 000	387 000	271 000	367 000
Operating Profit	100 000	−3 000	82 000	−7 000
Financial Income	0	0	0	0
Financial Costs	−295 000	421 000	38 000	53 000
Financial Balance	295 000	−421 000	−38 000	−53 000
Dividends	0	0	0	0
Net Income	363 000	−432 000	25 000	−59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 364 000	2 501 000	2 494 000	2 600 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	15 000	0	0
Total Tangible Assets	2 375 000	2 516 000	2 494 000	2 600 000
Total Fiancial Fixed Assets	828 000	1 428 000	2 578 000	3 328 000
Total Fixed Assets	3 203 000	3 943 000	5 072 000	5 928 000
Stock	0	0	0	41 000
Total Investments	0	0	0	0
Cash, Bank	164 000	205 000	230 000	1 073 000
Total Current Assets	209 000	245 000	232 000	1 189 000
Total Assets	3 412 000	4 188 000	5 304 000	7 117 000
Total Equity	3 222 000	2 859 000	3 291 000	3 266 000
Short-Term Group Debt	103 000	1 033 000	1 663 000	2 490 000
Total Long-Term Debt	0	0	327 000	1 265 000
Creditors	0	262 000	0	95 000
Unpaid Taxes	23 000	0	4 000	0
Dividends	0	0	0	0
Other Current Debt	32 000	25 000	0	1 000
Total Current Debt	189 000	1 329 000	1 686 000	2 586 000
Total Equity and Debt	3 412 000	4 188 000	5 304 000	7 117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,27 %	−15,11 %	0,76 %	−1,81 %
Debt-to-Equity Ratio	0	0	0,1	0,39
Operating Profit Margin	26,32 %	−0,78 %	23,3 %	−1,94 %
Current Ratio	1,11	0,18	0,14	0,46
Quick Ratio	1,11	0,18	0,14	0,47
Equity Ratio	0,94	0,68	0,62	0,46
Gross Profit Margin	100 %	100 %	88,35 %	100 %