FARRISEIDET UTVIKLING AS

3264 LARVIK

Finances

Share Ownership

Return on Equity

−27,95 %

Current Ratio

0,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	180 000	212 000	208 000
Net Income	−71 000	85 000	148 000	145 000
Total Assets	3 091 000	1 816 000	535 000	530 000
Total Equity	254 000	345 000	345 000	345 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	180 000	212 000	208 000
Expenditure	53 000	67 000	23 000	27 000
Operating Profit	−49 000	113 000	189 000	181 000
Financial Income	0	1 000	2 000	5 000
Financial Costs	42 000	4 000	1 000	1 000
Financial Balance	−42 000	−3 000	1 000	4 000
Earnings Before Tax	−91 000	110 000	190 000	185 000
Tax	−20 000	24 000	42 000	41 000
Net Income	−71 000	85 000	148 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000 000	1 816 000	155 000	155 000
Total Current Assets	91 000	0	380 000	376 000
Total Assets	3 091 000	1 816 000	535 000	530 000
Total Retained Equity	23 000	114 000	114 000	114 000
Total Equity	254 000	345 000	345 000	345 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 837 000	1 471 000	190 000	185 000
Total Equity and Debt	3 091 000	1 816 000	535 000	530 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 000	180 000	212 000	208 000
Revenue	4 000	180 000	212 000	208 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	53 000	67 000	23 000	27 000
Operating Profit	−49 000	113 000	189 000	181 000
Financial Income	0	1 000	2 000	5 000
Financial Costs	42 000	4 000	1 000	1 000
Financial Balance	−42 000	−3 000	1 000	4 000
Dividends	0	0	0	0
Net Income	−71 000	85 000	148 000	145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 000 000	1 816 000	155 000	155 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 000 000	1 816 000	155 000	155 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000 000	1 816 000	155 000	155 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	91 000	0	380 000	376 000
Total Assets	3 091 000	1 816 000	535 000	530 000
Total Equity	254 000	345 000	345 000	345 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	265 000	550 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 571 000	922 000	190 000	185 000
Total Current Debt	2 837 000	1 471 000	190 000	185 000
Total Equity and Debt	3 091 000	1 816 000	535 000	530 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,95 %	24,64 %	42,9 %	42,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 225 %	62,78 %	89,15 %	87,02 %
Current Ratio	0,03	0	2	2,03
Quick Ratio	0,03	0	2	2,03
Equity Ratio	0,08	0,19	0,64	0,65
Gross Profit Margin	100 %	100 %	100 %	100 %