FARMANN GLASS AS

3110 TØNSBERG

Finances

Share Ownership

Return on Equity

22,91 %

Current Ratio

1,52

Debt-to-Equity Ratio

1,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 277 000	7 343 000	7 893 000	8 337 000
Net Income	148 000	−169 000	82 000	−292 000
Total Assets	3 839 000	4 065 000	4 181 000	4 136 000
Total Equity	646 000	498 000	666 000	584 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 277 000	7 343 000	7 893 000	8 337 000
Expenditure	7 018 000	7 490 000	7 729 000	8 650 000
Operating Profit	258 000	−146 000	165 000	−312 000
Financial Income	0	0	0	0
Financial Costs	68 000	69 000	59 000	69 000
Financial Balance	−68 000	−69 000	−59 000	−69 000
Earnings Before Tax	190 000	−216 000	106 000	−381 000
Tax	42 000	−47 000	23 000	−90 000
Net Income	148 000	−169 000	82 000	−292 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	213 000	342 000	296 000	397 000
Total Current Assets	3 626 000	3 723 000	3 884 000	3 739 000
Total Assets	3 839 000	4 065 000	4 181 000	4 136 000
Total Retained Equity	44 000	−104 000	64 000	−18 000
Total Equity	646 000	498 000	666 000	584 000
Total Long-Term Debt	811 000	1 023 000	767 000	867 000
Total Current Debt	2 382 000	2 544 000	2 748 000	2 685 000
Total Equity and Debt	3 839 000	4 065 000	4 181 000	4 136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 277 000	7 313 000	7 734 000	8 319 000
Other Income	0	30 000	159 000	18 000
Revenue	7 277 000	7 343 000	7 893 000	8 337 000
Cost of Goods Sold	4 210 000	4 103 000	4 326 000	4 316 000
Salary Costs	1 240 000	1 251 000	1 110 000	2 066 000
Depreciation	87 000	76 000	78 000	52 000
Impairment	0	0	0	0
Expenditure	7 018 000	7 490 000	7 729 000	8 650 000
Operating Profit	258 000	−146 000	165 000	−312 000
Financial Income	0	0	0	0
Financial Costs	68 000	69 000	59 000	69 000
Financial Balance	−68 000	−69 000	−59 000	−69 000
Dividends	0	0	0	0
Net Income	148 000	−169 000	82 000	−292 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	71 000	113 000	66 000	90 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	141 000	228 000	230 000	308 000
Total Tangible Assets	141 000	228 000	230 000	308 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	213 000	342 000	296 000	397 000
Stock	1 680 000	1 885 000	2 118 000	2 160 000
Total Investments	0	0	0	0
Cash, Bank	1 519 000	1 230 000	1 616 000	1 552 000
Total Current Assets	3 626 000	3 723 000	3 884 000	3 739 000
Total Assets	3 839 000	4 065 000	4 181 000	4 136 000
Total Equity	646 000	498 000	666 000	584 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	811 000	1 023 000	767 000	867 000
Creditors	1 351 000	1 702 000	1 962 000	1 741 000
Unpaid Taxes	592 000	456 000	444 000	455 000
Dividends	0	0	0	0
Other Current Debt	439 000	386 000	341 000	489 000
Total Current Debt	2 382 000	2 544 000	2 748 000	2 685 000
Total Equity and Debt	3 839 000	4 065 000	4 181 000	4 136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,91 %	−33,94 %	12,31 %	−50 %
Debt-to-Equity Ratio	1,26	2,05	1,15	1,48
Operating Profit Margin	3,55 %	−1,99 %	2,09 %	−3,74 %
Current Ratio	1,52	1,46	1,41	1,39
Quick Ratio	5,17	5,65	6,17	7,12
Equity Ratio	0,17	0,12	0,16	0,14
Gross Profit Margin	42,15 %	44,12 %	45,19 %	48,23 %