FARSTAD AS

7530 MERÅKER

Finances

Share Ownership

Return on Equity

17,19 %

Current Ratio

Debt-to-Equity Ratio

1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 979 000	35 104 000	23 788 000	22 547 000
Net Income	1 067 000	299 000	659 000	−18 000
Total Assets	20 276 000	19 854 000	18 495 000	17 138 000
Total Equity	6 208 000	5 141 000	4 842 000	4 384 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 979 000	35 104 000	23 788 000	22 547 000
Expenditure	26 542 000	34 555 000	22 986 000	22 366 000
Operating Profit	1 438 000	549 000	802 000	182 000
Financial Income	38 000	30 000	45 000	47 000
Financial Costs	37 000	58 000	48 000	28 000
Financial Balance	1 000	−28 000	−3 000	19 000
Earnings Before Tax	1 438 000	521 000	799 000	201 000
Tax	370 000	223 000	141 000	219 000
Net Income	1 067 000	299 000	659 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 682 000	4 790 000	5 361 000	3 776 000
Total Current Assets	15 594 000	15 064 000	13 134 000	13 361 000
Total Assets	20 276 000	19 854 000	18 495 000	17 138 000
Total Retained Equity	6 103 000	5 036 000	4 738 000	4 279 000
Total Equity	6 208 000	5 141 000	4 842 000	4 384 000
Total Long-Term Debt	8 874 000	9 633 000	10 059 000	8 893 000
Total Current Debt	5 194 000	5 081 000	3 594 000	3 861 000
Total Equity and Debt	20 276 000	19 854 000	18 495 000	17 138 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 970 000	34 877 000	23 308 000	22 547 000
Other Income	9 000	227 000	480 000	0
Revenue	27 979 000	35 104 000	23 788 000	22 547 000
Cost of Goods Sold	5 759 000	15 572 000	5 111 000	5 353 000
Salary Costs	11 098 000	10 328 000	9 748 000	9 159 000
Depreciation	1 036 000	1 363 000	1 171 000	1 163 000
Impairment	0	0	0	0
Expenditure	26 542 000	34 555 000	22 986 000	22 366 000
Operating Profit	1 438 000	549 000	802 000	182 000
Financial Income	38 000	30 000	45 000	47 000
Financial Costs	37 000	58 000	48 000	28 000
Financial Balance	1 000	−28 000	−3 000	19 000
Dividends	0	0	200 000	0
Net Income	1 067 000	299 000	659 000	−18 000

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	1 374 000	1 522 000	2 302 000	1 573 000
Fixtures	1 833 000	1 431 000	1 698 000	501 000
Total Tangible Assets	3 207 000	2 954 000	4 000 000	2 074 000
Total Fiancial Fixed Assets	1 476 000	1 837 000	1 361 000	1 702 000
Total Fixed Assets	4 682 000	4 790 000	5 361 000	3 776 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 013 000	3 229 000	3 743 000	6 341 000
Total Current Assets	15 594 000	15 064 000	13 134 000	13 361 000
Total Assets	20 276 000	19 854 000	18 495 000	17 138 000
Total Equity	6 208 000	5 141 000	4 842 000	4 384 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 874 000	9 633 000	10 059 000	8 893 000
Creditors	1 074 000	1 992 000	441 000	732 000
Unpaid Taxes	2 144 000	1 404 000	1 464 000	1 635 000
Dividends	0	0	200 000	0
Other Current Debt	1 607 000	1 462 000	1 349 000	1 275 000
Total Current Debt	5 194 000	5 081 000	3 594 000	3 861 000
Total Equity and Debt	20 276 000	19 854 000	18 495 000	17 138 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,19 %	5,82 %	13,61 %	−0,41 %
Debt-to-Equity Ratio	1,43	1,87	2,08	2,03
Operating Profit Margin	5,14 %	1,56 %	3,37 %	0,81 %
Current Ratio	3	2,96	3,65	3,46
Quick Ratio	3	2,96	3,65	3,46
Equity Ratio	0,31	0,26	0,26	0,26
Gross Profit Margin	79,42 %	55,64 %	78,51 %	76,26 %