BULK EIENDOM FAREX AS

0279 OSLO

Finances

Return on Equity

−17,6 %

Current Ratio

6,58

Debt-to-Equity Ratio

3,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 739 000	13 830 000	12 471 000	12 120 000
Net Income	−9 638 000	1 981 000	12 707 000	2 946 000
Total Assets	262 824 000	214 733 000	166 281 000	137 225 000
Total Equity	54 750 000	64 388 000	62 932 000	53 041 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 739 000	13 830 000	12 471 000	12 120 000
Expenditure	10 220 000	7 217 000	5 506 000	6 472 000
Operating Profit	8 519 000	6 613 000	6 966 000	5 649 000
Financial Income	236 000	451 000	1 006 000	1 513 000
Financial Costs	18 275 000	4 525 000	−5 494 000	3 706 000
Financial Balance	−18 039 000	−4 074 000	6 500 000	−2 193 000
Earnings Before Tax	−9 520 000	2 539 000	13 466 000	3 456 000
Tax	118 000	559 000	759 000	509 000
Net Income	−9 638 000	1 981 000	12 707 000	2 946 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	236 334 000	205 700 000	163 110 000	136 889 000
Total Current Assets	26 490 000	9 033 000	3 171 000	337 000
Total Assets	262 824 000	214 733 000	166 281 000	137 225 000
Total Retained Equity	53 257 000	62 894 000	61 438 000	51 547 000
Total Equity	54 750 000	64 388 000	62 932 000	53 041 000
Total Long-Term Debt	204 047 000	147 455 000	98 741 000	79 747 000
Total Current Debt	4 027 000	2 890 000	4 609 000	4 437 000
Total Equity and Debt	262 824 000	214 733 000	166 281 000	137 225 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 716 000	13 830 000	12 471 000	12 120 000
Other Income	24 000	0	0	0
Revenue	18 739 000	13 830 000	12 471 000	12 120 000
Cost of Goods Sold	1 058 000	531 000	510 000	228 000
Salary Costs	0	0	0	0
Depreciation	6 567 000	3 440 000	3 239 000	2 903 000
Impairment	0	0	0	1 112 000
Expenditure	10 220 000	7 217 000	5 506 000	6 472 000
Operating Profit	8 519 000	6 613 000	6 966 000	5 649 000
Financial Income	236 000	451 000	1 006 000	1 513 000
Financial Costs	18 275 000	4 525 000	−5 494 000	3 706 000
Financial Balance	−18 039 000	−4 074 000	6 500 000	−2 193 000
Dividends	0	0	0	0
Net Income	−9 638 000	1 981 000	12 707 000	2 946 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	214 663 000	166 053 000	125 950 000	110 472 000
Machinery and Plant Facilities	298 000	177 000	124 000	147 000
Fixtures	0	0	0	0
Total Tangible Assets	214 961 000	166 231 000	126 074 000	110 618 000
Total Fiancial Fixed Assets	21 372 000	39 470 000	37 036 000	26 270 000
Total Fixed Assets	236 334 000	205 700 000	163 110 000	136 889 000
Stock	48 000	22 000	22 000	25 000
Total Investments	0	0	0	0
Cash, Bank	17 823 000	7 215 000	68 000	46 000
Total Current Assets	26 490 000	9 033 000	3 171 000	337 000
Total Assets	262 824 000	214 733 000	166 281 000	137 225 000
Total Equity	54 750 000	64 388 000	62 932 000	53 041 000
Short-Term Group Debt	0	1 272 000	3 610 000	3 455 000
Total Long-Term Debt	204 047 000	147 455 000	98 741 000	79 747 000
Creditors	1 822 000	402 000	26 000	507 000
Unpaid Taxes	66 000	0	0	121 000
Dividends	0	0	0	0
Other Current Debt	2 139 000	1 215 000	973 000	355 000
Total Current Debt	4 027 000	2 890 000	4 609 000	4 437 000
Total Equity and Debt	262 824 000	214 733 000	166 281 000	137 225 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,6 %	3,08 %	20,19 %	5,55 %
Debt-to-Equity Ratio	3,73	2,29	1,57	1,5
Operating Profit Margin	45,46 %	47,82 %	55,86 %	46,61 %
Current Ratio	6,58	3,13	0,69	0,08
Quick Ratio	6,66	3,15	0,69	0,08
Equity Ratio	0,21	0,3	0,38	0,39
Gross Profit Margin	94,35 %	96,16 %	95,91 %	98,12 %