FAVORITTHYTTEN AS

4313 SANDNES

Finances

Return on Equity

−4,25 %

Current Ratio

5,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 582 000	60 168 000	30 532 000	48 839 000
Net Income	−2 161 000	241 000	−2 135 000	1 207 000
Total Assets	125 355 000	146 297 000	133 611 000	136 755 000
Total Equity	50 821 000	52 982 000	52 741 000	54 875 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 582 000	60 168 000	30 532 000	48 839 000
Expenditure	50 798 000	56 124 000	30 782 000	44 975 000
Operating Profit	−215 000	2 344 000	−249 000	3 863 000
Financial Income	11 000	10 000	17 000	24 000
Financial Costs	1 957 000	2 113 000	1 903 000	2 680 000
Financial Balance	−1 946 000	−2 103 000	−1 886 000	−2 656 000
Earnings Before Tax	−2 161 000	241 000	−2 135 000	1 207 000
Tax	0	0	0	0
Net Income	−2 161 000	241 000	−2 135 000	1 207 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 564 000	7 817 000	8 007 000	8 223 000
Total Current Assets	117 791 000	138 480 000	125 603 000	128 532 000
Total Assets	125 355 000	146 297 000	133 611 000	136 755 000
Total Retained Equity	4 070 000	6 231 000	5 990 000	8 124 000
Total Equity	50 821 000	52 982 000	52 741 000	54 875 000
Total Long-Term Debt	51 020 000	60 707 000	62 950 000	48 699 000
Total Current Debt	23 515 000	32 608 000	17 920 000	33 180 000
Total Equity and Debt	125 355 000	146 297 000	133 611 000	136 755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 582 000	60 168 000	30 529 000	48 839 000
Other Income	0	0	3 000	0
Revenue	50 582 000	60 168 000	30 532 000	48 839 000
Cost of Goods Sold	45 336 000	51 869 000	25 459 000	40 261 000
Salary Costs	2 544 000	2 047 000	2 903 000	2 440 000
Depreciation	82 000	87 000	87 000	132 000
Impairment	0	0	0	0
Expenditure	50 798 000	56 124 000	30 782 000	44 975 000
Operating Profit	−215 000	2 344 000	−249 000	3 863 000
Financial Income	11 000	10 000	17 000	24 000
Financial Costs	1 957 000	2 113 000	1 903 000	2 680 000
Financial Balance	−1 946 000	−2 103 000	−1 886 000	−2 656 000
Dividends	0	0	0	0
Net Income	−2 161 000	241 000	−2 135 000	1 207 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000 000	6 000 000	6 000 000	6 000 000
Real Eastate	400 000	440 000	480 000	520 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	53 000	95 000	141 000	188 000
Total Tangible Assets	453 000	535 000	621 000	708 000
Total Fiancial Fixed Assets	1 111 000	1 282 000	1 386 000	1 515 000
Total Fixed Assets	7 564 000	7 817 000	8 007 000	8 223 000
Stock	94 876 000	93 242 000	103 182 000	100 245 000
Total Investments	0	0	0	0
Cash, Bank	9 809 000	4 130 000	1 608 000	1 466 000
Total Current Assets	117 791 000	138 480 000	125 603 000	128 532 000
Total Assets	125 355 000	146 297 000	133 611 000	136 755 000
Total Equity	50 821 000	52 982 000	52 741 000	54 875 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	51 020 000	60 707 000	62 950 000	48 699 000
Creditors	3 360 000	4 968 000	2 118 000	6 765 000
Unpaid Taxes	338 000	432 000	268 000	235 000
Dividends	0	0	0	0
Other Current Debt	2 064 000	4 100 000	2 555 000	6 166 000
Total Current Debt	23 515 000	32 608 000	17 920 000	33 180 000
Total Equity and Debt	125 355 000	146 297 000	133 611 000	136 755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,25 %	0,45 %	−4,05 %	2,2 %
Debt-to-Equity Ratio	1	1,15	1,19	0,89
Operating Profit Margin	−0,43 %	3,9 %	−0,82 %	7,91 %
Current Ratio	5,01	4,25	7,01	3,87
Quick Ratio	−1,65	−2,28	−1,47	−1,92
Equity Ratio	0,41	0,36	0,39	0,4
Gross Profit Margin	10,37 %	13,79 %	16,62 %	17,56 %