FASETT AS

4005 STAVANGER

Finances

Return on Equity

0,13 %

Current Ratio

0,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 838 000	32 805 000	35 113 000	40 706 000
Net Income	5 000	1 722 000	2 082 000	3 075 000
Total Assets	14 363 000	14 755 000	15 446 000	19 845 000
Total Equity	3 961 000	3 956 000	3 306 000	5 824 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 838 000	32 805 000	35 113 000	40 706 000
Expenditure	33 284 000	30 413 000	32 301 000	36 528 000
Operating Profit	1 553 000	2 391 000	2 811 000	4 178 000
Financial Income	104 000	40 000	65 000	21 000
Financial Costs	1 317 000	201 000	198 000	224 000
Financial Balance	−1 213 000	−161 000	−133 000	−203 000
Earnings Before Tax	341 000	2 230 000	2 679 000	3 974 000
Tax	336 000	508 000	597 000	900 000
Net Income	5 000	1 722 000	2 082 000	3 075 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 065 000	7 467 000	575 000	765 000
Total Current Assets	7 298 000	7 288 000	14 871 000	19 079 000
Total Assets	14 363 000	14 755 000	15 446 000	19 845 000
Total Retained Equity	2 475 000	2 470 000	2 148 000	4 666 000
Total Equity	3 961 000	3 956 000	3 306 000	5 824 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 401 000	10 799 000	12 140 000	14 020 000
Total Equity and Debt	14 363 000	14 755 000	15 446 000	19 845 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 790 000	32 739 000	35 113 000	40 706 000
Other Income	48 000	66 000	0	0
Revenue	34 838 000	32 805 000	35 113 000	40 706 000
Cost of Goods Sold	5 622 000	3 707 000	8 613 000	11 884 000
Salary Costs	20 880 000	20 944 000	18 358 000	18 780 000
Depreciation	154 000	204 000	263 000	368 000
Impairment	0	0	0	0
Expenditure	33 284 000	30 413 000	32 301 000	36 528 000
Operating Profit	1 553 000	2 391 000	2 811 000	4 178 000
Financial Income	104 000	40 000	65 000	21 000
Financial Costs	1 317 000	201 000	198 000	224 000
Financial Balance	−1 213 000	−161 000	−133 000	−203 000
Dividends	0	1 400 000	1 600 000	2 459 000
Net Income	5 000	1 722 000	2 082 000	3 075 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	122 000	133 000	146 000	165 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	430 000	564 000	429 000	601 000
Total Tangible Assets	430 000	564 000	429 000	601 000
Total Fiancial Fixed Assets	6 513 000	6 770 000	0	0
Total Fixed Assets	7 065 000	7 467 000	575 000	765 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	963 000	885 000	772 000	690 000
Total Current Assets	7 298 000	7 288 000	14 871 000	19 079 000
Total Assets	14 363 000	14 755 000	15 446 000	19 845 000
Total Equity	3 961 000	3 956 000	3 306 000	5 824 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 234 000	552 000	682 000	1 791 000
Unpaid Taxes	3 556 000	3 128 000	3 824 000	4 023 000
Dividends	0	1 400 000	1 600 000	2 459 000
Other Current Debt	2 726 000	2 525 000	2 413 000	2 194 000
Total Current Debt	10 401 000	10 799 000	12 140 000	14 020 000
Total Equity and Debt	14 363 000	14 755 000	15 446 000	19 845 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,13 %	43,53 %	62,98 %	52,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,46 %	7,29 %	8,01 %	10,26 %
Current Ratio	0,7	0,67	1,22	1,36
Quick Ratio	0,7	0,67	1,22	1,36
Equity Ratio	0,28	0,27	0,21	0,29
Gross Profit Margin	83,86 %	88,7 %	75,47 %	70,81 %