FÆRSNES AS

4985 VEGÅRSHEI

Finances

Share Ownership

Return on Equity

42,86 %

Current Ratio

0,38

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 233 000	1 257 000	835 000	1 338 000
Net Income	207 000	145 000	−216 000	252 000
Total Assets	2 227 000	2 005 000	1 965 000	1 989 000
Total Equity	483 000	276 000	131 000	347 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 233 000	1 257 000	835 000	1 338 000
Expenditure	1 018 000	1 111 000	1 051 000	1 079 000
Operating Profit	215 000	145 000	−216 000	259 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	7 000
Financial Balance	−1 000	0	0	−7 000
Earnings Before Tax	213 000	145 000	−216 000	252 000
Tax	7 000	0	0	0
Net Income	207 000	145 000	−216 000	252 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 571 000	1 383 000	1 475 000	1 541 000
Total Current Assets	656 000	622 000	490 000	448 000
Total Assets	2 227 000	2 005 000	1 965 000	1 989 000
Total Retained Equity	383 000	176 000	31 000	247 000
Total Equity	483 000	276 000	131 000	347 000
Total Long-Term Debt	7 000	0	0	0
Total Current Debt	1 738 000	1 729 000	1 833 000	1 642 000
Total Equity and Debt	2 227 000	2 005 000	1 965 000	1 989 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 151 000	1 180 000	796 000	1 080 000
Other Income	82 000	77 000	39 000	258 000
Revenue	1 233 000	1 257 000	835 000	1 338 000
Cost of Goods Sold	199 000	139 000	171 000	121 000
Salary Costs	79 000	25 000	51 000	166 000
Depreciation	150 000	141 000	137 000	88 000
Impairment	0	0	0	0
Expenditure	1 018 000	1 111 000	1 051 000	1 079 000
Operating Profit	215 000	145 000	−216 000	259 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	7 000
Financial Balance	−1 000	0	0	−7 000
Dividends	0	0	0	0
Net Income	207 000	145 000	−216 000	252 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 404 000	1 115 000	1 164 000	1 214 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	167 000	268 000	310 000	328 000
Total Tangible Assets	1 571 000	1 383 000	1 475 000	1 541 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 571 000	1 383 000	1 475 000	1 541 000
Stock	161 000	164 000	159 000	215 000
Total Investments	0	0	0	0
Cash, Bank	273 000	389 000	239 000	184 000
Total Current Assets	656 000	622 000	490 000	448 000
Total Assets	2 227 000	2 005 000	1 965 000	1 989 000
Total Equity	483 000	276 000	131 000	347 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	0	0	0
Creditors	67 000	10 000	139 000	3 000
Unpaid Taxes	11 000	0	2 000	12 000
Dividends	0	0	0	0
Other Current Debt	1 660 000	1 719 000	1 692 000	1 627 000
Total Current Debt	1 738 000	1 729 000	1 833 000	1 642 000
Total Equity and Debt	2 227 000	2 005 000	1 965 000	1 989 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,86 %	52,54 %	−164,89 %	72,62 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	17,44 %	11,54 %	−25,87 %	19,36 %
Current Ratio	0,38	0,36	0,27	0,27
Quick Ratio	0,42	0,4	0,29	0,31
Equity Ratio	0,22	0,14	0,07	0,17
Gross Profit Margin	83,86 %	88,94 %	79,52 %	90,96 %