TORVGATEN 7 FARSUND AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

372 %

Current Ratio

0,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	722 000	698 000	695 000	702 000
Net Income	372 000	365 000	316 000	366 000
Total Assets	1 904 000	1 911 000	2 099 000	2 188 000
Total Equity	100 000	100 000	682 000	711 000

Income (NOK)	2022	2021	2020	2019
Revenue	722 000	698 000	695 000	702 000
Expenditure	245 000	178 000	195 000	185 000
Operating Profit	477 000	520 000	501 000	517 000
Financial Income	0	0	0	0
Financial Costs	0	52 000	95 000	48 000
Financial Balance	0	−52 000	−95 000	−48 000
Earnings Before Tax	477 000	468 000	406 000	469 000
Tax	105 000	103 000	89 000	103 000
Net Income	372 000	365 000	316 000	366 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 715 000	1 828 000	1 942 000	2 057 000
Total Current Assets	189 000	82 000	157 000	131 000
Total Assets	1 904 000	1 911 000	2 099 000	2 188 000
Total Retained Equity	0	0	582 000	611 000
Total Equity	100 000	100 000	682 000	711 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 804 000	1 811 000	1 418 000	1 477 000
Total Equity and Debt	1 904 000	1 911 000	2 099 000	2 188 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	722 000	698 000	695 000	702 000
Revenue	722 000	698 000	695 000	702 000
Cost of Goods Sold	17 000	26 000	28 000	44 000
Salary Costs	0	0	0	0
Depreciation	123 000	123 000	123 000	123 000
Impairment	0	0	0	0
Expenditure	245 000	178 000	195 000	185 000
Operating Profit	477 000	520 000	501 000	517 000
Financial Income	0	0	0	0
Financial Costs	0	52 000	95 000	48 000
Financial Balance	0	−52 000	−95 000	−48 000
Dividends	0	0	0	0
Net Income	372 000	365 000	316 000	366 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	38 000	29 000	21 000
Real Eastate	1 667 000	1 790 000	1 913 000	2 036 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 667 000	1 790 000	1 913 000	2 036 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 715 000	1 828 000	1 942 000	2 057 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	123 000	82 000	156 000	105 000
Total Current Assets	189 000	82 000	157 000	131 000
Total Assets	1 904 000	1 911 000	2 099 000	2 188 000
Total Equity	100 000	100 000	682 000	711 000
Short-Term Group Debt	1 787 000	1 811 000	1 415 000	1 477 000
Total Long-Term Debt	0	0	0	0
Creditors	8 000	0	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 804 000	1 811 000	1 418 000	1 477 000
Total Equity and Debt	1 904 000	1 911 000	2 099 000	2 188 000

Financial indicators	2022	2021	2020	2019
Return on Equity	372 %	365 %	46,33 %	51,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	66,07 %	74,5 %	72,09 %	73,65 %
Current Ratio	0,1	0,05	0,11	0,09
Quick Ratio	0,1	0,05	0,11	0,09
Equity Ratio	0,05	0,05	0,32	0,32
Gross Profit Margin	97,65 %	96,28 %	95,97 %	93,73 %