FOSSAKRAFT AS

6230 SYKKYLVEN

Finances

Share Ownership

Return on Equity

56,52 %

Current Ratio

0,16

Debt-to-Equity Ratio

−4,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	93 000	142 000	47 000	175 000
Net Income	−169 000	−24 000	−51 000	−136 000
Total Assets	1 485 000	1 499 000	1 509 000	1 611 000
Total Equity	−299 000	−130 000	−106 000	−56 000

Income (NOK)	2022	2021	2020	2019
Revenue	93 000	142 000	47 000	175 000
Expenditure	212 000	125 000	89 000	131 000
Operating Profit	−118 000	18 000	−42 000	44 000
Financial Income	2 000	0	0	1 000
Financial Costs	53 000	42 000	9 000	100 000
Financial Balance	−51 000	−42 000	−9 000	−99 000
Earnings Before Tax	−169 000	−24 000	−51 000	−55 000
Tax	0	0	0	81 000
Net Income	−169 000	−24 000	−51 000	−136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 436 000	1 463 000	1 490 000	1 516 000
Total Current Assets	49 000	37 000	20 000	95 000
Total Assets	1 485 000	1 499 000	1 509 000	1 611 000
Total Retained Equity	−571 000	−402 000	−378 000	−327 000
Total Equity	−299 000	−130 000	−106 000	−56 000
Total Long-Term Debt	1 480 000	1 496 000	1 550 000	1 600 000
Total Current Debt	304 000	134 000	65 000	67 000
Total Equity and Debt	1 485 000	1 499 000	1 509 000	1 611 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	93 000	142 000	47 000	175 000
Other Income	0	0	0	0
Revenue	93 000	142 000	47 000	175 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	27 000	27 000	27 000	27 000
Impairment	0	0	0	0
Expenditure	212 000	125 000	89 000	131 000
Operating Profit	−118 000	18 000	−42 000	44 000
Financial Income	2 000	0	0	1 000
Financial Costs	53 000	42 000	9 000	100 000
Financial Balance	−51 000	−42 000	−9 000	−99 000
Dividends	0	0	0	0
Net Income	−169 000	−24 000	−51 000	−136 000

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	1 436 000	1 463 000	1 490 000	1 516 000
Fixtures	0	0	0	0
Total Tangible Assets	1 436 000	1 463 000	1 490 000	1 516 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 436 000	1 463 000	1 490 000	1 516 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	57 000
Total Current Assets	49 000	37 000	20 000	95 000
Total Assets	1 485 000	1 499 000	1 509 000	1 611 000
Total Equity	−299 000	−130 000	−106 000	−56 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 480 000	1 496 000	1 550 000	1 600 000
Creditors	13 000	1 000	12 000	51 000
Unpaid Taxes	0	17 000	8 000	3 000
Dividends	0	0	0	0
Other Current Debt	6 000	0	0	13 000
Total Current Debt	304 000	134 000	65 000	67 000
Total Equity and Debt	1 485 000	1 499 000	1 509 000	1 611 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,52 %	18,46 %	48,11 %	242,86 %
Debt-to-Equity Ratio	−4,95	−11,51	−14,62	−28,57
Operating Profit Margin	−126,88 %	12,68 %	−89,36 %	25,14 %
Current Ratio	0,16	0,28	0,31	1,42
Quick Ratio	0,16	0,28	0,31	1,42
Equity Ratio	−0,2	−0,09	−0,07	−0,03
Gross Profit Margin	100 %	100 %	100 %	100 %