FARKAS AS

2080 EIDSVOLL

Finances

Share Ownership

Return on Equity

−78,29 %

Current Ratio

0,84

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 291 000	4 657 000	1 220 000	346 000
Net Income	−202 000	257 000	127 000	54 000
Total Assets	1 107 000	1 148 000	700 000	287 000
Total Equity	258 000	460 000	203 000	77 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 291 000	4 657 000	1 220 000	346 000
Expenditure	1 420 000	4 362 000	1 084 000	252 000
Operating Profit	−129 000	295 000	135 000	94 000
Financial Income	0	21 000	3 000	0
Financial Costs	0	0	1 000	0
Financial Balance	0	21 000	2 000	0
Earnings Before Tax	−129 000	316 000	138 000	94 000
Tax	73 000	59 000	11 000	40 000
Net Income	−202 000	257 000	127 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	458 000	359 000	315 000	5 000
Total Current Assets	649 000	789 000	386 000	282 000
Total Assets	1 107 000	1 148 000	700 000	287 000
Total Retained Equity	152 000	354 000	97 000	−29 000
Total Equity	258 000	460 000	203 000	77 000
Total Long-Term Debt	80 000	17 000	1 000	1 000
Total Current Debt	769 000	670 000	496 000	209 000
Total Equity and Debt	1 107 000	1 148 000	700 000	287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 249 000	4 657 000	1 220 000	346 000
Other Income	42 000	0	0	0
Revenue	1 291 000	4 657 000	1 220 000	346 000
Cost of Goods Sold	205 000	2 928 000	53 000	139 000
Salary Costs	933 000	1 122 000	826 000	52 000
Depreciation	79 000	78 000	84 000	0
Impairment	0	0	0	0
Expenditure	1 420 000	4 362 000	1 084 000	252 000
Operating Profit	−129 000	295 000	135 000	94 000
Financial Income	0	21 000	3 000	0
Financial Costs	0	0	1 000	0
Financial Balance	0	21 000	2 000	0
Dividends	0	0	0	0
Net Income	−202 000	257 000	127 000	54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	117 000	0	0	0
Fixtures	341 000	359 000	315 000	5 000
Total Tangible Assets	458 000	359 000	315 000	5 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	458 000	359 000	315 000	5 000
Stock	−324 000	324 000	0	0
Total Investments	0	0	0	0
Cash, Bank	115 000	279 000	259 000	172 000
Total Current Assets	649 000	789 000	386 000	282 000
Total Assets	1 107 000	1 148 000	700 000	287 000
Total Equity	258 000	460 000	203 000	77 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	80 000	17 000	1 000	1 000
Creditors	112 000	6 000	7 000	102 000
Unpaid Taxes	191 000	278 000	146 000	15 000
Dividends	0	0	0	0
Other Current Debt	455 000	344 000	331 000	92 000
Total Current Debt	769 000	670 000	496 000	209 000
Total Equity and Debt	1 107 000	1 148 000	700 000	287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−78,29 %	55,87 %	62,56 %	70,13 %
Debt-to-Equity Ratio	0,31	0,04	0	0,01
Operating Profit Margin	−9,99 %	6,33 %	11,07 %	27,17 %
Current Ratio	0,84	1,18	0,78	1,35
Quick Ratio	0,59	2,28	0,78	1,35
Equity Ratio	0,23	0,4	0,29	0,27
Gross Profit Margin	84,12 %	37,13 %	95,66 %	59,83 %