FAROUT AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

13,94 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 896 000	2 050 000	1 590 000	4 341 000
Net Income	63 000	386 000	−123 000	13 649 000
Total Assets	1 119 000	1 197 000	281 000	872 000
Total Equity	452 000	389 000	3 000	126 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 896 000	2 050 000	1 590 000	4 341 000
Expenditure	3 796 000	1 530 000	1 733 000	4 225 000
Operating Profit	101 000	519 000	−143 000	117 000
Financial Income	1 000	0	1 000	13 679 000
Financial Costs	18 000	20 000	13 000	41 000
Financial Balance	−17 000	−20 000	−12 000	13 638 000
Earnings Before Tax	83 000	500 000	−155 000	13 755 000
Tax	20 000	113 000	−32 000	106 000
Net Income	63 000	386 000	−123 000	13 649 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	49 000	33 000	328 000
Total Current Assets	1 089 000	1 148 000	248 000	543 000
Total Assets	1 119 000	1 197 000	281 000	872 000
Total Retained Equity	−503 000	−566 000	−953 000	−830 000
Total Equity	452 000	389 000	3 000	126 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	667 000	808 000	278 000	746 000
Total Equity and Debt	1 119 000	1 197 000	281 000	872 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 931 000	1 041 000	1 772 000	3 688 000
Other Income	965 000	1 008 000	−183 000	652 000
Revenue	3 896 000	2 050 000	1 590 000	4 341 000
Cost of Goods Sold	1 128 000	199 000	729 000	1 363 000
Salary Costs	2 073 000	808 000	631 000	1 994 000
Depreciation	7 000	3 000	0	23 000
Impairment	0	0	0	0
Expenditure	3 796 000	1 530 000	1 733 000	4 225 000
Operating Profit	101 000	519 000	−143 000	117 000
Financial Income	1 000	0	1 000	13 679 000
Financial Costs	18 000	20 000	13 000	41 000
Financial Balance	−17 000	−20 000	−12 000	13 638 000
Dividends	0	0	0	0
Net Income	63 000	386 000	−123 000	13 649 000

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	0	0	0	0
Fixtures	10 000	16 000	0	0
Total Tangible Assets	10 000	16 000	0	0
Total Fiancial Fixed Assets	21 000	33 000	33 000	328 000
Total Fixed Assets	31 000	49 000	33 000	328 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	738 000	756 000	186 000	−57 000
Total Current Assets	1 089 000	1 148 000	248 000	543 000
Total Assets	1 119 000	1 197 000	281 000	872 000
Total Equity	452 000	389 000	3 000	126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	155 000	64 000	30 000	176 000
Unpaid Taxes	141 000	125 000	23 000	120 000
Dividends	0	0	0	0
Other Current Debt	351 000	506 000	225 000	344 000
Total Current Debt	667 000	808 000	278 000	746 000
Total Equity and Debt	1 119 000	1 197 000	281 000	872 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,94 %	99,23 %	−4 100 %	10 832,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,59 %	25,32 %	−8,99 %	2,7 %
Current Ratio	1,63	1,42	0,89	0,73
Quick Ratio	1,63	1,42	0,89	0,73
Equity Ratio	0,4	0,32	0,01	0,14
Gross Profit Margin	71,05 %	90,29 %	54,15 %	68,6 %