FARSUND VEKST AS

4552 FARSUND

Finances

Return on Equity

3,97 %

Current Ratio

16,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	2 425 000	−108 000	7 945 000	−50 000
Total Assets	62 883 000	60 084 000	60 244 000	52 513 000
Total Equity	61 153 000	60 076 000	60 185 000	52 240 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	304 000	108 000	55 000	47 000
Operating Profit	−304 000	−108 000	−55 000	−47 000
Financial Income	3 110 000	0	8 000 000	0
Financial Costs	0	0	0	3 000
Financial Balance	3 110 000	0	8 000 000	−3 000
Earnings Before Tax	2 806 000	−108 000	7 945 000	−50 000
Tax	380 000	0	0	0
Net Income	2 425 000	−108 000	7 945 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 663 000	34 663 000	34 663 000	34 663 000
Total Current Assets	28 221 000	25 421 000	25 581 000	17 850 000
Total Assets	62 883 000	60 084 000	60 244 000	52 513 000
Total Retained Equity	15 233 000	14 156 000	14 265 000	6 320 000
Total Equity	61 153 000	60 076 000	60 185 000	52 240 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 731 000	8 000	59 000	273 000
Total Equity and Debt	62 883 000	60 084 000	60 244 000	52 513 000

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	0	0	0	0
Impairment	0	0	0	0
Expenditure	304 000	108 000	55 000	47 000
Operating Profit	−304 000	−108 000	−55 000	−47 000
Financial Income	3 110 000	0	8 000 000	0
Financial Costs	0	0	0	3 000
Financial Balance	3 110 000	0	8 000 000	−3 000
Dividends	0	0	0	0
Net Income	2 425 000	−108 000	7 945 000	−50 000

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	34 663 000	34 663 000	34 663 000	34 663 000
Total Fixed Assets	34 663 000	34 663 000	34 663 000	34 663 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	14 000	55 000	115 000
Total Current Assets	28 221 000	25 421 000	25 581 000	17 850 000
Total Assets	62 883 000	60 084 000	60 244 000	52 513 000
Total Equity	61 153 000	60 076 000	60 185 000	52 240 000
Short-Term Group Debt	1 729 000	0	0	226 000
Total Long-Term Debt	0	0	0	0
Creditors	1 000	8 000	59 000	8 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	39 000
Total Current Debt	1 731 000	8 000	59 000	273 000
Total Equity and Debt	62 883 000	60 084 000	60 244 000	52 513 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,97 %	−0,18 %	13,2 %	−0,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	16,3	3 177,63	433,58	65,38
Quick Ratio	16,3	3 177,63	433,58	65,38
Equity Ratio	0,97	1	1	0,99
Gross Profit Margin	-	-	-	-