FAROS FORVALTNING AS

0251 OSLO

Finances

Return on Equity

−24,04 %

Current Ratio

1 181,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	811 350 000	16 972 000	16 566 000
Net Income	−168 560 000	808 380 000	15 973 000	16 132 000
Total Assets	701 696 000	961 904 000	163 693 000	167 104 000
Total Equity	701 102 000	869 662 000	157 248 000	153 275 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	811 350 000	16 972 000	16 566 000
Expenditure	34 337 000	2 893 000	985 000	380 000
Operating Profit	−34 337 000	808 457 000	15 988 000	16 187 000
Financial Income	1 059 000	22 000	5 000	27 000
Financial Costs	135 357 000	9 000	20 000	39 000
Financial Balance	−134 298 000	13 000	−15 000	−12 000
Earnings Before Tax	−168 635 000	808 470 000	15 973 000	16 176 000
Tax	−75 000	89 000	0	43 000
Net Income	−168 560 000	808 380 000	15 973 000	16 132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	152 982 000	152 982 000
Total Current Assets	701 696 000	961 904 000	10 711 000	14 122 000
Total Assets	701 696 000	961 904 000	163 693 000	167 104 000
Total Retained Equity	548 610 000	717 170 000	4 753 000	780 000
Total Equity	701 102 000	869 662 000	157 248 000	153 275 000
Total Long-Term Debt	0	75 000	0	0
Total Current Debt	594 000	92 167 000	6 445 000	13 829 000
Total Equity and Debt	701 696 000	961 904 000	163 693 000	167 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	811 350 000	16 972 000	16 566 000
Revenue	0	811 350 000	16 972 000	16 566 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	240 000	240 000	240 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	34 337 000	2 893 000	985 000	380 000
Operating Profit	−34 337 000	808 457 000	15 988 000	16 187 000
Financial Income	1 059 000	22 000	5 000	27 000
Financial Costs	135 357 000	9 000	20 000	39 000
Financial Balance	−134 298 000	13 000	−15 000	−12 000
Dividends	0	95 000 000	12 000 000	18 000 000
Net Income	−168 560 000	808 380 000	15 973 000	16 132 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	152 982 000	152 982 000
Total Fixed Assets	0	0	152 982 000	152 982 000
Stock	0	0	0	0
Total Investments	689 903 000	912 847 000	9 364 000	12 736 000
Cash, Bank	469 000	49 057 000	1 347 000	1 386 000
Total Current Assets	701 696 000	961 904 000	10 711 000	14 122 000
Total Assets	701 696 000	961 904 000	163 693 000	167 104 000
Total Equity	701 102 000	869 662 000	157 248 000	153 275 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	75 000	0	0
Creditors	11 000	232 000	38 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	95 000 000	12 000 000	18 000 000
Other Current Debt	583 000	1 922 000	407 000	786 000
Total Current Debt	594 000	92 167 000	6 445 000	13 829 000
Total Equity and Debt	701 696 000	961 904 000	163 693 000	167 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,04 %	92,95 %	10,16 %	10,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	99,64 %	94,2 %	97,71 %
Current Ratio	1 181,31	10,44	1,66	1,02
Quick Ratio	1 181,31	10,44	1,66	1,02
Equity Ratio	1	0,9	0,96	0,92
Gross Profit Margin	-	100 %	100 %	100 %