FOSSING STORSMOLT AS

3790 HELLE

Finances

Return on Equity

−11,43 %

Current Ratio

0,63

Debt-to-Equity Ratio

1,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 630 000	83 712 000	26 780 000	10 000
Net Income	−7 272 000	9 698 000	2 370 000	−1 408 000
Total Assets	167 290 000	180 650 000	172 853 000	141 041 000
Total Equity	63 614 000	70 886 000	61 188 000	58 818 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 630 000	83 712 000	26 780 000	10 000
Expenditure	59 264 000	69 746 000	43 621 000	1 414 000
Operating Profit	−5 219 000	15 974 000	5 759 000	−1 404 000
Financial Income	0	0	0	2 000
Financial Costs	4 104 000	3 540 000	2 721 000	402 000
Financial Balance	−4 104 000	−3 540 000	−2 721 000	−400 000
Earnings Before Tax	−9 324 000	12 433 000	3 039 000	−1 804 000
Tax	−2 051 000	2 735 000	669 000	−397 000
Net Income	−7 272 000	9 698 000	2 370 000	−1 408 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	145 363 000	147 218 000	146 505 000	137 165 000
Total Current Assets	21 927 000	33 432 000	26 348 000	3 876 000
Total Assets	167 290 000	180 650 000	172 853 000	141 041 000
Total Retained Equity	7 286 000	14 558 000	4 860 000	2 490 000
Total Equity	63 614 000	70 886 000	61 188 000	58 818 000
Total Long-Term Debt	69 056 000	77 018 000	78 541 000	75 947 000
Total Current Debt	34 620 000	32 745 000	33 123 000	6 276 000
Total Equity and Debt	167 290 000	180 650 000	172 853 000	141 041 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 630 000	83 712 000	26 844 000	0
Other Income	0	0	−64 000	10 000
Revenue	57 630 000	83 712 000	26 780 000	10 000
Cost of Goods Sold	40 978 000	52 906 000	34 499 000	0
Salary Costs	5 071 000	4 495 000	3 251 000	1 025 000
Depreciation	2 922 000	2 840 000	2 088 000	0
Impairment	0	0	0	0
Expenditure	59 264 000	69 746 000	43 621 000	1 414 000
Operating Profit	−5 219 000	15 974 000	5 759 000	−1 404 000
Financial Income	0	0	0	2 000
Financial Costs	4 104 000	3 540 000	2 721 000	402 000
Financial Balance	−4 104 000	−3 540 000	−2 721 000	−400 000
Dividends	0	0	0	0
Net Income	−7 272 000	9 698 000	2 370 000	−1 408 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	3 167 000	3 167 000	3 167 000	3 167 000
Total Intangible Assets	5 279 000	5 279 000	5 279 000	5 279 000
Real Eastate	130 896 000	133 187 000	132 701 000	131 886 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 927 000	8 489 000	8 263 000	0
Total Tangible Assets	139 823 000	141 677 000	140 964 000	131 886 000
Total Fiancial Fixed Assets	262 000	262 000	262 000	0
Total Fixed Assets	145 363 000	147 218 000	146 505 000	137 165 000
Stock	21 567 000	25 153 000	23 146 000	0
Total Investments	0	0	0	0
Cash, Bank	148 000	281 000	186 000	1 697 000
Total Current Assets	21 927 000	33 432 000	26 348 000	3 876 000
Total Assets	167 290 000	180 650 000	172 853 000	141 041 000
Total Equity	63 614 000	70 886 000	61 188 000	58 818 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	69 056 000	77 018 000	78 541 000	75 947 000
Creditors	3 894 000	1 183 000	2 172 000	4 611 000
Unpaid Taxes	61 000	787 000	325 000	180 000
Dividends	0	0	0	0
Other Current Debt	725 000	604 000	560 000	1 484 000
Total Current Debt	34 620 000	32 745 000	33 123 000	6 276 000
Total Equity and Debt	167 290 000	180 650 000	172 853 000	141 041 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,43 %	13,68 %	3,87 %	−2,39 %
Debt-to-Equity Ratio	1,09	1,09	1,28	1,29
Operating Profit Margin	−9,06 %	19,08 %	21,5 %	−14 040 %
Current Ratio	0,63	1,02	0,8	0,62
Quick Ratio	1,68	4,4	2,64	0,62
Equity Ratio	0,38	0,39	0,35	0,42
Gross Profit Margin	28,89 %	36,8 %	−28,82 %	100 %