TEAM FARSUND AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

4,23 %

Current Ratio

0,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 866 000	22 334 000	17 579 000	22 372 000
Net Income	252 000	1 561 000	−2 425 000	−4 665 000
Total Assets	14 308 000	13 814 000	11 323 000	15 135 000
Total Equity	5 958 000	5 706 000	4 145 000	3 492 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 866 000	22 334 000	17 579 000	22 372 000
Expenditure	24 618 000	20 772 000	20 010 000	27 139 000
Operating Profit	247 000	1 561 000	−2 430 000	−4 766 000
Financial Income	5 000	0	9 000	14 000
Financial Costs	1 000	1 000	5 000	24 000
Financial Balance	4 000	−1 000	4 000	−10 000
Earnings Before Tax	252 000	1 561 000	−2 425 000	−4 776 000
Tax	0	0	0	−112 000
Net Income	252 000	1 561 000	−2 425 000	−4 665 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 886 000	8 641 000	8 760 000	8 454 000
Total Current Assets	5 422 000	5 173 000	2 562 000	6 680 000
Total Assets	14 308 000	13 814 000	11 323 000	15 135 000
Total Retained Equity	3 816 000	3 564 000	2 003 000	1 371 000
Total Equity	5 958 000	5 706 000	4 145 000	3 492 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 350 000	8 108 000	7 178 000	11 643 000
Total Equity and Debt	14 308 000	13 814 000	11 323 000	15 135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 675 000	22 235 000	17 154 000	22 229 000
Other Income	191 000	99 000	425 000	143 000
Revenue	24 866 000	22 334 000	17 579 000	22 372 000
Cost of Goods Sold	3 414 000	2 967 000	3 003 000	4 699 000
Salary Costs	9 931 000	7 823 000	7 662 000	11 654 000
Depreciation	264 000	207 000	248 000	290 000
Impairment	0	0	0	0
Expenditure	24 618 000	20 772 000	20 010 000	27 139 000
Operating Profit	247 000	1 561 000	−2 430 000	−4 766 000
Financial Income	5 000	0	9 000	14 000
Financial Costs	1 000	1 000	5 000	24 000
Financial Balance	4 000	−1 000	4 000	−10 000
Dividends	0	0	0	0
Net Income	252 000	1 561 000	−2 425 000	−4 665 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 735 000	7 735 000	7 735 000	7 735 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	563 000	690 000	722 000	332 000
Fixtures	558 000	186 000	273 000	357 000
Total Tangible Assets	1 121 000	876 000	995 000	689 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	8 886 000	8 641 000	8 760 000	8 454 000
Stock	462 000	352 000	263 000	433 000
Total Investments	0	0	0	0
Cash, Bank	273 000	278 000	928 000	1 761 000
Total Current Assets	5 422 000	5 173 000	2 562 000	6 680 000
Total Assets	14 308 000	13 814 000	11 323 000	15 135 000
Total Equity	5 958 000	5 706 000	4 145 000	3 492 000
Short-Term Group Debt	5 506 000	5 506 000	5 506 000	4 376 000
Total Long-Term Debt	0	0	0	0
Creditors	583 000	489 000	195 000	3 375 000
Unpaid Taxes	389 000	480 000	304 000	544 000
Dividends	0	0	0	0
Other Current Debt	1 871 000	1 632 000	1 172 000	3 347 000
Total Current Debt	8 350 000	8 108 000	7 178 000	11 643 000
Total Equity and Debt	14 308 000	13 814 000	11 323 000	15 135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,23 %	27,36 %	−58,5 %	−133,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,99 %	6,99 %	−13,82 %	−21,3 %
Current Ratio	0,65	0,64	0,36	0,57
Quick Ratio	0,69	0,67	0,37	0,6
Equity Ratio	0,42	0,41	0,37	0,23
Gross Profit Margin	86,27 %	86,72 %	82,92 %	79 %