FARSUND BÅT OG MOTOR AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

17,91 %

Current Ratio

2,09

Debt-to-Equity Ratio

2,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 169 000	10 554 000	10 095 000	8 413 000
Net Income	321 000	445 000	177 000	36 000
Total Assets	10 259 000	8 032 000	6 618 000	8 358 000
Total Equity	1 792 000	1 471 000	1 026 000	849 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 169 000	10 554 000	10 095 000	8 413 000
Expenditure	10 633 000	9 916 000	9 746 000	8 252 000
Operating Profit	535 000	638 000	349 000	161 000
Financial Income	16 000	29 000	8 000	10 000
Financial Costs	139 000	95 000	128 000	124 000
Financial Balance	−123 000	−66 000	−120 000	−114 000
Earnings Before Tax	412 000	572 000	229 000	47 000
Tax	91 000	127 000	51 000	12 000
Net Income	321 000	445 000	177 000	36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	607 000	608 000	547 000	324 000
Total Current Assets	9 652 000	7 424 000	6 072 000	8 034 000
Total Assets	10 259 000	8 032 000	6 618 000	8 358 000
Total Retained Equity	980 000	659 000	214 000	37 000
Total Equity	1 792 000	1 471 000	1 026 000	849 000
Total Long-Term Debt	3 843 000	4 139 000	4 441 000	4 518 000
Total Current Debt	4 624 000	2 422 000	1 151 000	2 992 000
Total Equity and Debt	10 259 000	8 032 000	6 618 000	8 358 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 169 000	10 555 000	10 096 000	8 413 000
Other Income	0	0	−1 000	0
Revenue	11 169 000	10 554 000	10 095 000	8 413 000
Cost of Goods Sold	6 772 000	6 164 000	6 543 000	5 225 000
Salary Costs	2 707 000	2 425 000	1 595 000	1 708 000
Depreciation	133 000	106 000	125 000	66 000
Impairment	0	0	0	0
Expenditure	10 633 000	9 916 000	9 746 000	8 252 000
Operating Profit	535 000	638 000	349 000	161 000
Financial Income	16 000	29 000	8 000	10 000
Financial Costs	139 000	95 000	128 000	124 000
Financial Balance	−123 000	−66 000	−120 000	−114 000
Dividends	0	0	0	0
Net Income	321 000	445 000	177 000	36 000

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	607 000	608 000	547 000	324 000
Total Tangible Assets	607 000	608 000	547 000	324 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	607 000	608 000	547 000	324 000
Stock	5 461 000	3 513 000	3 073 000	4 229 000
Total Investments	0	0	0	0
Cash, Bank	566 000	556 000	363 000	1 119 000
Total Current Assets	9 652 000	7 424 000	6 072 000	8 034 000
Total Assets	10 259 000	8 032 000	6 618 000	8 358 000
Total Equity	1 792 000	1 471 000	1 026 000	849 000
Short-Term Group Debt	2 000 000	0	0	0
Total Long-Term Debt	3 843 000	4 139 000	4 441 000	4 518 000
Creditors	2 272 000	1 353 000	708 000	2 955 000
Unpaid Taxes	265 000	362 000	389 000	0
Dividends	0	0	0	0
Other Current Debt	0	577 000	0	0
Total Current Debt	4 624 000	2 422 000	1 151 000	2 992 000
Total Equity and Debt	10 259 000	8 032 000	6 618 000	8 358 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,91 %	30,25 %	17,25 %	4,24 %
Debt-to-Equity Ratio	2,14	2,81	4,33	5,32
Operating Profit Margin	4,79 %	6,05 %	3,46 %	1,91 %
Current Ratio	2,09	3,07	5,28	2,69
Quick Ratio	−11,53	−6,8	−3,16	−6,49
Equity Ratio	0,17	0,18	0,16	0,1
Gross Profit Margin	39,37 %	41,6 %	35,19 %	37,89 %