FÂR NORWAY AS

2613 LILLEHAMMER

Finances

Share Ownership

Return on Equity

−14,36 %

Current Ratio

2,2

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 930 000	24 528 000	19 546 000	13 458 000
Net Income	−835 000	1 438 000	980 000	−1 103 000
Total Assets	13 902 000	12 339 000	9 936 000	7 338 000
Total Equity	5 815 000	6 649 000	6 011 000	5 031 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 930 000	24 528 000	19 546 000	13 458 000
Expenditure	24 528 000	22 109 000	17 948 000	14 544 000
Operating Profit	−689 000	1 847 000	1 233 000	−1 380 000
Financial Income	51 000	106 000	58 000	7 000
Financial Costs	449 000	135 000	58 000	41 000
Financial Balance	−398 000	−29 000	0	−34 000
Earnings Before Tax	−1 087 000	1 817 000	1 233 000	−1 414 000
Tax	−253 000	379 000	252 000	−311 000
Net Income	−835 000	1 438 000	980 000	−1 103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	496 000	291 000	498 000	968 000
Total Current Assets	13 405 000	12 048 000	9 438 000	6 370 000
Total Assets	13 902 000	12 339 000	9 936 000	7 338 000
Total Retained Equity	5 415 000	6 249 000	5 611 000	4 631 000
Total Equity	5 815 000	6 649 000	6 011 000	5 031 000
Total Long-Term Debt	2 000 000	0	300 000	471 000
Total Current Debt	6 087 000	5 690 000	3 625 000	1 836 000
Total Equity and Debt	13 902 000	12 339 000	9 936 000	7 338 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 930 000	24 528 000	19 546 000	13 458 000
Other Income	0	0	0	0
Revenue	23 930 000	24 528 000	19 546 000	13 458 000
Cost of Goods Sold	9 805 000	9 433 000	7 872 000	5 346 000
Salary Costs	7 679 000	6 566 000	4 638 000	4 857 000
Depreciation	136 000	129 000	204 000	187 000
Impairment	0	0	0	0
Expenditure	24 528 000	22 109 000	17 948 000	14 544 000
Operating Profit	−689 000	1 847 000	1 233 000	−1 380 000
Financial Income	51 000	106 000	58 000	7 000
Financial Costs	449 000	135 000	58 000	41 000
Financial Balance	−398 000	−29 000	0	−34 000
Dividends	0	800 000	0	0
Net Income	−835 000	1 438 000	980 000	−1 103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	103 000	163 000	223 000	283 000
Total Intangible Assets	384 000	191 000	329 000	642 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	113 000	100 000	169 000	313 000
Total Tangible Assets	113 000	100 000	169 000	313 000
Total Fiancial Fixed Assets	0	0	0	13 000
Total Fixed Assets	496 000	291 000	498 000	968 000
Stock	9 207 000	5 638 000	3 707 000	4 378 000
Total Investments	0	0	0	0
Cash, Bank	276 000	292 000	560 000	965 000
Total Current Assets	13 405 000	12 048 000	9 438 000	6 370 000
Total Assets	13 902 000	12 339 000	9 936 000	7 338 000
Total Equity	5 815 000	6 649 000	6 011 000	5 031 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000 000	0	300 000	471 000
Creditors	728 000	1 155 000	1 388 000	75 000
Unpaid Taxes	1 577 000	1 271 000	1 230 000	718 000
Dividends	0	800 000	0	0
Other Current Debt	2 258 000	2 025 000	1 007 000	1 042 000
Total Current Debt	6 087 000	5 690 000	3 625 000	1 836 000
Total Equity and Debt	13 902 000	12 339 000	9 936 000	7 338 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,36 %	21,63 %	16,3 %	−21,92 %
Debt-to-Equity Ratio	0,34	0	0,05	0,09
Operating Profit Margin	−2,88 %	7,53 %	6,31 %	−10,25 %
Current Ratio	2,2	2,12	2,6	3,47
Quick Ratio	−4,3	231,69	−115,1	−2,51
Equity Ratio	0,42	0,54	0,6	0,69
Gross Profit Margin	59,03 %	61,54 %	59,73 %	60,28 %