FOTECH AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

33,31 %

Current Ratio

2,23

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020
Revenue	24 899 000	24 600 000	26 733 000
Net Income	2 082 000	2 952 000	4 765 000
Total Assets	12 011 000	11 622 000	13 816 000
Total Equity	6 251 000	6 169 000	6 217 000

Income (NOK)	2022	2021	2020
Revenue	24 899 000	24 600 000	26 733 000
Expenditure	22 213 000	20 772 000	20 567 000
Operating Profit	2 686 000	3 828 000	6 166 000
Financial Income	1 000	0	2 000
Financial Costs	48 000	47 000	76 000
Financial Balance	−47 000	−47 000	−74 000
Earnings Before Tax	2 639 000	3 780 000	6 091 000
Tax	557 000	828 000	1 326 000
Net Income	2 082 000	2 952 000	4 765 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	641 000	276 000	463 000
Total Current Assets	11 370 000	11 346 000	13 353 000
Total Assets	12 011 000	11 622 000	13 816 000
Total Retained Equity	3 107 000	3 025 000	3 073 000
Total Equity	6 251 000	6 169 000	6 217 000
Total Long-Term Debt	662 000	616 000	0
Total Current Debt	5 099 000	4 837 000	7 599 000
Total Equity and Debt	12 011 000	11 622 000	13 816 000

Cash flow (NOK)	2022	2021	2020
Sales Income	24 899 000	24 592 000	26 636 000
Other Income	0	8 000	97 000
Revenue	24 899 000	24 600 000	26 733 000
Cost of Goods Sold	2 070 000	2 596 000	5 462 000
Salary Costs	13 056 000	11 835 000	9 984 000
Depreciation	181 000	204 000	344 000
Impairment	0	0	0
Expenditure	22 213 000	20 772 000	20 567 000
Operating Profit	2 686 000	3 828 000	6 166 000
Financial Income	1 000	0	2 000
Financial Costs	48 000	47 000	76 000
Financial Balance	−47 000	−47 000	−74 000
Dividends	0	0	0
Net Income	2 082 000	2 952 000	4 765 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	641 000	276 000	463 000
Total Tangible Assets	641 000	276 000	463 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	641 000	276 000	463 000
Stock	1 025 000	1 346 000	1 602 000
Total Investments	0	0	0
Cash, Bank	2 891 000	3 885 000	4 463 000
Total Current Assets	11 370 000	11 346 000	13 353 000
Total Assets	12 011 000	11 622 000	13 816 000
Total Equity	6 251 000	6 169 000	6 217 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	662 000	616 000	0
Creditors	699 000	539 000	2 519 000
Unpaid Taxes	1 672 000	1 642 000	1 959 000
Dividends	0	0	0
Other Current Debt	2 170 000	1 828 000	1 796 000
Total Current Debt	5 099 000	4 837 000	7 599 000
Total Equity and Debt	12 011 000	11 622 000	13 816 000

Financial indicators	2022	2021	2020
Return on Equity	33,31 %	47,85 %	76,64 %
Debt-to-Equity Ratio	0,11	0,1	0
Operating Profit Margin	10,79 %	15,56 %	23,07 %
Current Ratio	2,23	2,35	1,76
Quick Ratio	2,79	3,25	2,23
Equity Ratio	0,52	0,53	0,45
Gross Profit Margin	91,69 %	89,45 %	79,57 %