FARMOR INGVARDA AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

−2,08 %

Current Ratio

1,85

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 997 000	7 331 000	6 937 000	6 846 000
Net Income	−27 000	578 000	507 000	−35 000
Total Assets	2 768 000	2 923 000	2 378 000	2 087 000
Total Equity	1 296 000	1 323 000	745 000	238 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 997 000	7 331 000	6 937 000	6 846 000
Expenditure	8 000 000	6 571 000	6 373 000	6 821 000
Operating Profit	−3 000	761 000	565 000	25 000
Financial Income	3 000	6 000	8 000	1 000
Financial Costs	28 000	25 000	40 000	61 000
Financial Balance	−25 000	−19 000	−32 000	−60 000
Earnings Before Tax	−28 000	741 000	533 000	−35 000
Tax	−1 000	164 000	26 000	0
Net Income	−27 000	578 000	507 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	290 000	147 000	177 000	170 000
Total Current Assets	2 478 000	2 776 000	2 201 000	1 917 000
Total Assets	2 768 000	2 923 000	2 378 000	2 087 000
Total Retained Equity	1 046 000	1 073 000	495 000	−12 000
Total Equity	1 296 000	1 323 000	745 000	238 000
Total Long-Term Debt	133 000	348 000	561 000	653 000
Total Current Debt	1 340 000	1 253 000	1 072 000	1 196 000
Total Equity and Debt	2 768 000	2 923 000	2 378 000	2 087 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 996 000	7 332 000	6 909 000	6 846 000
Other Income	1 000	−1 000	28 000	0
Revenue	7 997 000	7 331 000	6 937 000	6 846 000
Cost of Goods Sold	3 938 000	3 471 000	3 571 000	3 690 000
Salary Costs	2 293 000	1 783 000	1 485 000	1 842 000
Depreciation	69 000	54 000	46 000	37 000
Impairment	0	0	0	0
Expenditure	8 000 000	6 571 000	6 373 000	6 821 000
Operating Profit	−3 000	761 000	565 000	25 000
Financial Income	3 000	6 000	8 000	1 000
Financial Costs	28 000	25 000	40 000	61 000
Financial Balance	−25 000	−19 000	−32 000	−60 000
Dividends	0	0	0	0
Net Income	−27 000	578 000	507 000	−35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	29 000	36 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	268 000	114 000	137 000	147 000
Total Tangible Assets	268 000	114 000	137 000	147 000
Total Fiancial Fixed Assets	0	4 000	4 000	23 000
Total Fixed Assets	290 000	147 000	177 000	170 000
Stock	1 821 000	1 407 000	1 049 000	1 323 000
Total Investments	0	0	0	0
Cash, Bank	570 000	1 334 000	1 111 000	558 000
Total Current Assets	2 478 000	2 776 000	2 201 000	1 917 000
Total Assets	2 768 000	2 923 000	2 378 000	2 087 000
Total Equity	1 296 000	1 323 000	745 000	238 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	133 000	348 000	561 000	653 000
Creditors	154 000	230 000	197 000	400 000
Unpaid Taxes	446 000	430 000	431 000	396 000
Dividends	0	0	0	0
Other Current Debt	740 000	429 000	418 000	400 000
Total Current Debt	1 340 000	1 253 000	1 072 000	1 196 000
Total Equity and Debt	2 768 000	2 923 000	2 378 000	2 087 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,08 %	43,69 %	68,05 %	−14,71 %
Debt-to-Equity Ratio	0,1	0,26	0,75	2,74
Operating Profit Margin	−0,04 %	10,38 %	8,14 %	0,37 %
Current Ratio	1,85	2,22	2,05	1,6
Quick Ratio	−5,15	−18,03	95,7	−15,09
Equity Ratio	0,47	0,45	0,31	0,11
Gross Profit Margin	50,76 %	52,65 %	48,52 %	46,1 %