FEARNLEY ADVISORS AS

0191 OSLO

Finances

Share Ownership

Return on Equity

13,22 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 308 000	19 135 000	22 857 000	20 911 000
Net Income	7 041 000	4 260 000	6 069 000	4 403 000
Total Assets	60 470 000	225 821 000	332 477 000	352 880 000
Total Equity	53 275 000	220 108 000	247 189 000	241 120 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 308 000	19 135 000	22 857 000	20 911 000
Expenditure	12 654 000	14 368 000	10 673 000	11 813 000
Operating Profit	8 655 000	4 767 000	12 184 000	9 098 000
Financial Income	183 000	5 000	46 000	993 000
Financial Costs	−253 000	−909 000	4 411 000	4 356 000
Financial Balance	436 000	914 000	−4 365 000	−3 363 000
Earnings Before Tax	9 091 000	5 680 000	7 819 000	5 735 000
Tax	2 050 000	1 420 000	1 750 000	1 331 000
Net Income	7 041 000	4 260 000	6 069 000	4 403 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 636 000	217 683 000	317 038 000	336 724 000
Total Current Assets	11 834 000	8 138 000	15 439 000	16 156 000
Total Assets	60 470 000	225 821 000	332 477 000	352 880 000
Total Retained Equity	23 275 000	16 234 000	11 974 000	5 905 000
Total Equity	53 275 000	220 108 000	247 189 000	241 120 000
Total Long-Term Debt	19 000	24 000	0	0
Total Current Debt	7 176 000	5 689 000	85 287 000	111 759 000
Total Equity and Debt	60 470 000	225 821 000	332 477 000	352 880 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	20 911 000
Other Income	21 308 000	19 135 000	22 857 000	0
Revenue	21 308 000	19 135 000	22 857 000	20 911 000
Cost of Goods Sold	0	0	0	0
Salary Costs	8 668 000	10 466 000	7 945 000	7 878 000
Depreciation	114 000	87 000	28 000	28 000
Impairment	0	0	0	0
Expenditure	12 654 000	14 368 000	10 673 000	11 813 000
Operating Profit	8 655 000	4 767 000	12 184 000	9 098 000
Financial Income	183 000	5 000	46 000	993 000
Financial Costs	−253 000	−909 000	4 411 000	4 356 000
Financial Balance	436 000	914 000	−4 365 000	−3 363 000
Dividends	0	0	0	0
Net Income	7 041 000	4 260 000	6 069 000	4 403 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	8 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	297 000	466 000	45 000	73 000
Total Tangible Assets	297 000	466 000	45 000	73 000
Total Fiancial Fixed Assets	48 340 000	217 217 000	316 984 000	336 644 000
Total Fixed Assets	48 636 000	217 683 000	317 038 000	336 724 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 391 000	7 783 000	15 341 000	10 707 000
Total Current Assets	11 834 000	8 138 000	15 439 000	16 156 000
Total Assets	60 470 000	225 821 000	332 477 000	352 880 000
Total Equity	53 275 000	220 108 000	247 189 000	241 120 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 000	24 000	0	0
Creditors	108 000	277 000	9 000	43 000
Unpaid Taxes	1 897 000	1 517 000	401 000	703 000
Dividends	0	0	0	0
Other Current Debt	3 116 000	2 498 000	83 115 000	109 682 000
Total Current Debt	7 176 000	5 689 000	85 287 000	111 759 000
Total Equity and Debt	60 470 000	225 821 000	332 477 000	352 880 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,22 %	1,94 %	2,46 %	1,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,62 %	24,91 %	53,31 %	43,51 %
Current Ratio	1,65	1,43	0,18	0,14
Quick Ratio	1,65	1,43	0,18	0,14
Equity Ratio	0,88	0,97	0,74	0,68
Gross Profit Margin	100 %	100 %	100 %	100 %