FAROL INVEST AS

6017 ÅLESUND

Finances

Return on Equity

−0,54 %

Current Ratio

553,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−140 000	26 633 000	1 234 000	245 000
Total Assets	25 921 000	32 056 000	1 322 000	72 000
Total Equity	25 877 000	26 017 000	1 303 000	20 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	139 000	86 000	4 000	3 000
Operating Profit	−139 000	−86 000	−4 000	−3 000
Financial Income	0	26 720 000	1 238 000	297 000
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	26 719 000	1 238 000	297 000
Earnings Before Tax	−140 000	26 633 000	1 234 000	294 000
Tax	0	0	0	49 000
Net Income	−140 000	26 633 000	1 234 000	245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 584 000	972 000	0	0
Total Current Assets	24 337 000	31 084 000	1 322 000	72 000
Total Assets	25 921 000	32 056 000	1 322 000	72 000
Total Retained Equity	25 627 000	25 767 000	1 103 000	−180 000
Total Equity	25 877 000	26 017 000	1 303 000	20 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	44 000	6 039 000	19 000	52 000
Total Equity and Debt	25 921 000	32 056 000	1 322 000	72 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	43 000	0	0	0
Impairment	0	0	0	0
Expenditure	139 000	86 000	4 000	3 000
Operating Profit	−139 000	−86 000	−4 000	−3 000
Financial Income	0	26 720 000	1 238 000	297 000
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	26 719 000	1 238 000	297 000
Dividends	0	6 000 000	0	467 000
Net Income	−140 000	26 633 000	1 234 000	245 000

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	583 000	0	0	0
Total Tangible Assets	583 000	0	0	0
Total Fiancial Fixed Assets	1 002 000	972 000	0	0
Total Fixed Assets	1 584 000	972 000	0	0
Stock	520 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 053 000	30 834 000	1 322 000	72 000
Total Current Assets	24 337 000	31 084 000	1 322 000	72 000
Total Assets	25 921 000	32 056 000	1 322 000	72 000
Total Equity	25 877 000	26 017 000	1 303 000	20 000
Short-Term Group Debt	13 000	13 000	13 000	0
Total Long-Term Debt	0	0	0	0
Creditors	15 000	6 000	7 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	6 000 000	0	467 000
Other Current Debt	17 000	21 000	0	0
Total Current Debt	44 000	6 039 000	19 000	52 000
Total Equity and Debt	25 921 000	32 056 000	1 322 000	72 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,54 %	102,37 %	94,7 %	1 225 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	553,11	5,15	69,58	1,38
Quick Ratio	−51,13	5,15	69,58	1,38
Equity Ratio	1	0,81	0,99	0,28
Gross Profit Margin	-	-	-	-