FARLAND HOLDING AS

6002 ÅLESUND

Finances

Return on Equity

36,41 %

Current Ratio

0,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	130 000
Net Income	12 372 000	4 161 000	1 453 000	5 372 000
Total Assets	35 965 000	35 409 000	35 529 000	39 081 000
Total Equity	33 978 000	33 607 000	35 446 000	38 992 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	130 000
Expenditure	102 000	114 000	107 000	676 000
Operating Profit	−102 000	−114 000	−107 000	−546 000
Financial Income	12 528 000	4 275 000	2 477 000	13 668 000
Financial Costs	0	0	916 000	7 750 000
Financial Balance	12 528 000	4 275 000	1 561 000	5 918 000
Earnings Before Tax	12 426 000	4 161 000	1 453 000	5 372 000
Tax	54 000	0	0	0
Net Income	12 372 000	4 161 000	1 453 000	5 372 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 140 000	34 008 000	34 008 000	34 808 000
Total Current Assets	1 824 000	1 401 000	1 521 000	4 272 000
Total Assets	35 965 000	35 409 000	35 529 000	39 081 000
Total Retained Equity	26 200 000	25 828 000	27 667 000	31 213 000
Total Equity	33 978 000	33 607 000	35 446 000	38 992 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 986 000	1 803 000	83 000	89 000
Total Equity and Debt	35 965 000	35 409 000	35 529 000	39 081 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	130 000
Revenue	0	0	0	130 000
Cost of Goods Sold	0	0	0	0
Salary Costs	17 000	17 000	17 000	600 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	102 000	114 000	107 000	676 000
Operating Profit	−102 000	−114 000	−107 000	−546 000
Financial Income	12 528 000	4 275 000	2 477 000	13 668 000
Financial Costs	0	0	916 000	7 750 000
Financial Balance	12 528 000	4 275 000	1 561 000	5 918 000
Dividends	0	0	0	5 000 000
Net Income	12 372 000	4 161 000	1 453 000	5 372 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	34 140 000	34 008 000	34 008 000	34 808 000
Total Fixed Assets	34 140 000	34 008 000	34 008 000	34 808 000
Stock	0	0	0	0
Total Investments	844 000	565 000	403 000	507 000
Cash, Bank	446 000	302 000	335 000	3 048 000
Total Current Assets	1 824 000	1 401 000	1 521 000	4 272 000
Total Assets	35 965 000	35 409 000	35 529 000	39 081 000
Total Equity	33 978 000	33 607 000	35 446 000	38 992 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	3 000	5 000	0
Unpaid Taxes	0	0	17 000	9 000
Dividends	0	0	0	5 000 000
Other Current Debt	1 969 000	1 800 000	61 000	80 000
Total Current Debt	1 986 000	1 803 000	83 000	89 000
Total Equity and Debt	35 965 000	35 409 000	35 529 000	39 081 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,41 %	12,38 %	4,1 %	13,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	−420 %
Current Ratio	0,92	0,78	18,33	48
Quick Ratio	0,92	0,78	18,33	48
Equity Ratio	0,94	0,95	1	1
Gross Profit Margin	-	-	-	100 %