FAVORITTHUS AS

4340 BRYNE

Finances

Share Ownership

Return on Equity

−71,6 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	11 330 000	240 000	240 000
Net Income	−1 142 000	−1 383 000	−1 045 000	−1 526 000
Total Assets	5 459 000	6 305 000	18 983 000	19 020 000
Total Equity	1 595 000	1 595 000	3 369 000	10 139 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	11 330 000	240 000	240 000
Expenditure	1 303 000	12 555 000	1 678 000	1 556 000
Operating Profit	−1 303 000	−1 225 000	−1 438 000	−1 316 000
Financial Income	0	0	2 000	88 000
Financial Costs	161 000	549 000	334 000	298 000
Financial Balance	−161 000	−549 000	−332 000	−210 000
Earnings Before Tax	−1 464 000	−1 774 000	−1 770 000	−1 526 000
Tax	−322 000	−390 000	−725 000	0
Net Income	−1 142 000	−1 383 000	−1 045 000	−1 526 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	5 459 000	6 305 000	18 983 000	19 020 000
Total Assets	5 459 000	6 305 000	18 983 000	19 020 000
Total Retained Equity	1 486 000	1 486 000	3 259 000	10 029 000
Total Equity	1 595 000	1 595 000	3 369 000	10 139 000
Total Long-Term Debt	0	0	6 000 000	6 000 000
Total Current Debt	3 863 000	4 709 000	9 614 000	2 881 000
Total Equity and Debt	5 459 000	6 305 000	18 983 000	19 020 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	11 150 000	0	0
Other Income	0	180 000	240 000	240 000
Revenue	0	11 330 000	240 000	240 000
Cost of Goods Sold	3 000	11 139 000	192 000	188 000
Salary Costs	1 063 000	1 038 000	1 068 000	1 078 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 303 000	12 555 000	1 678 000	1 556 000
Operating Profit	−1 303 000	−1 225 000	−1 438 000	−1 316 000
Financial Income	0	0	2 000	88 000
Financial Costs	161 000	549 000	334 000	298 000
Financial Balance	−161 000	−549 000	−332 000	−210 000
Dividends	0	0	0	0
Net Income	−1 142 000	−1 383 000	−1 045 000	−1 526 000

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	0	0
Total Fixed Assets	0	0	0	0
Stock	2 372 000	2 329 000	13 042 000	12 540 000
Total Investments	0	0	0	0
Cash, Bank	209 000	348 000	395 000	1 329 000
Total Current Assets	5 459 000	6 305 000	18 983 000	19 020 000
Total Assets	5 459 000	6 305 000	18 983 000	19 020 000
Total Equity	1 595 000	1 595 000	3 369 000	10 139 000
Short-Term Group Debt	3 676 000	4 488 000	9 336 000	2 456 000
Total Long-Term Debt	0	0	6 000 000	6 000 000
Creditors	13 000	43 000	24 000	5 000
Unpaid Taxes	81 000	85 000	84 000	89 000
Dividends	0	0	0	0
Other Current Debt	94 000	94 000	169 000	331 000
Total Current Debt	3 863 000	4 709 000	9 614 000	2 881 000
Total Equity and Debt	5 459 000	6 305 000	18 983 000	19 020 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,6 %	−86,71 %	−31,02 %	−15,05 %
Debt-to-Equity Ratio	0	0	1,78	0,59
Operating Profit Margin	-	−10,81 %	−599,17 %	−548,33 %
Current Ratio	1,41	1,34	1,97	6,6
Quick Ratio	3,66	2,65	−5,54	−1,97
Equity Ratio	0,29	0,25	0,18	0,53
Gross Profit Margin	-	1,69 %	20 %	21,67 %