FOSSTECH AS

3160 STOKKE

Finances

Return on Equity

12,61 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	133 271 000	97 702 000	95 249 000	96 922 000
Net Income	3 980 000	4 658 000	7 705 000	2 892 000
Total Assets	85 979 000	70 932 000	46 496 000	49 704 000
Total Equity	31 556 000	27 577 000	22 918 000	15 214 000

Income (NOK)	2022	2021	2020	2019
Revenue	133 271 000	97 702 000	95 249 000	96 922 000
Expenditure	127 923 000	91 628 000	87 638 000	92 737 000
Operating Profit	5 348 000	6 074 000	7 612 000	4 186 000
Financial Income	3 460 000	772 000	1 114 000	640 000
Financial Costs	3 698 000	1 457 000	2 056 000	1 933 000
Financial Balance	−238 000	−685 000	−942 000	−1 293 000
Earnings Before Tax	5 110 000	5 389 000	6 671 000	2 892 000
Tax	1 130 000	730 000	−1 034 000	0
Net Income	3 980 000	4 658 000	7 705 000	2 892 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 891 000	30 311 000	24 049 000	20 824 000
Total Current Assets	54 088 000	40 621 000	22 446 000	28 880 000
Total Assets	85 979 000	70 932 000	46 496 000	49 704 000
Total Retained Equity	20 396 000	16 416 000	11 758 000	4 053 000
Total Equity	31 556 000	27 577 000	22 918 000	15 214 000
Total Long-Term Debt	8 960 000	12 992 000	13 268 000	15 956 000
Total Current Debt	45 462 000	30 363 000	10 309 000	18 535 000
Total Equity and Debt	85 979 000	70 932 000	46 496 000	49 704 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	132 582 000	97 004 000	94 425 000	95 081 000
Other Income	690 000	698 000	824 000	1 842 000
Revenue	133 271 000	97 702 000	95 249 000	96 922 000
Cost of Goods Sold	63 258 000	46 110 000	47 689 000	51 611 000
Salary Costs	43 776 000	29 878 000	27 052 000	26 821 000
Depreciation	1 605 000	1 585 000	1 618 000	1 345 000
Impairment	0	0	0	0
Expenditure	127 923 000	91 628 000	87 638 000	92 737 000
Operating Profit	5 348 000	6 074 000	7 612 000	4 186 000
Financial Income	3 460 000	772 000	1 114 000	640 000
Financial Costs	3 698 000	1 457 000	2 056 000	1 933 000
Financial Balance	−238 000	−685 000	−942 000	−1 293 000
Dividends	0	0	0	0
Net Income	3 980 000	4 658 000	7 705 000	2 892 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 932 000	4 788 000	5 518 000	4 484 000
Real Eastate	4 120 000	2 975 000	3 054 000	3 158 000
Machinery and Plant Facilities	609 000	882 000	994 000	1 243 000
Fixtures	1 070 000	758 000	368 000	654 000
Total Tangible Assets	5 800 000	4 616 000	4 416 000	5 055 000
Total Fiancial Fixed Assets	22 160 000	20 908 000	14 116 000	11 286 000
Total Fixed Assets	31 891 000	30 311 000	24 049 000	20 824 000
Stock	21 667 000	17 519 000	11 214 000	14 964 000
Total Investments	0	0	0	0
Cash, Bank	3 552 000	1 252 000	5 220 000	4 411 000
Total Current Assets	54 088 000	40 621 000	22 446 000	28 880 000
Total Assets	85 979 000	70 932 000	46 496 000	49 704 000
Total Equity	31 556 000	27 577 000	22 918 000	15 214 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 960 000	12 992 000	13 268 000	15 956 000
Creditors	10 649 000	9 367 000	4 452 000	12 168 000
Unpaid Taxes	4 994 000	4 234 000	2 749 000	3 767 000
Dividends	0	0	0	0
Other Current Debt	10 889 000	3 532 000	3 108 000	2 599 000
Total Current Debt	45 462 000	30 363 000	10 309 000	18 535 000
Total Equity and Debt	85 979 000	70 932 000	46 496 000	49 704 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,61 %	16,89 %	33,62 %	19,01 %
Debt-to-Equity Ratio	0,28	0,47	0,58	1,05
Operating Profit Margin	4,01 %	6,22 %	7,99 %	4,32 %
Current Ratio	1,19	1,34	2,18	1,56
Quick Ratio	2,27	3,16	−24,8	8,09
Equity Ratio	0,37	0,39	0,49	0,31
Gross Profit Margin	52,53 %	52,81 %	49,93 %	46,75 %