FOSSHEIMGARDANE MIKROKRAFTVERK AS

6843 SKEI I JØLSTER

Finances

Share Ownership

Return on Equity

14,88 %

Current Ratio

1,81

Debt-to-Equity Ratio

2,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	275 000	234 000	113 000	268 000
Net Income	96 000	81 000	−9 000	90 000
Total Assets	2 253 000	2 225 000	2 307 000	2 354 000
Total Equity	645 000	550 000	468 000	477 000

Income (NOK)	2022	2021	2020	2019
Revenue	275 000	234 000	113 000	268 000
Expenditure	153 000	130 000	124 000	153 000
Operating Profit	122 000	104 000	−12 000	115 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	123 000	104 000	−11 000	116 000
Tax	27 000	23 000	−3 000	25 000
Net Income	96 000	81 000	−9 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 106 000	2 166 000	2 226 000	2 286 000
Total Current Assets	147 000	60 000	82 000	68 000
Total Assets	2 253 000	2 225 000	2 307 000	2 354 000
Total Retained Equity	495 000	400 000	318 000	327 000
Total Equity	645 000	550 000	468 000	477 000
Total Long-Term Debt	1 527 000	1 625 000	1 825 000	1 825 000
Total Current Debt	81 000	51 000	14 000	52 000
Total Equity and Debt	2 253 000	2 225 000	2 307 000	2 354 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	275 000	234 000	113 000	268 000
Other Income	0	0	0	0
Revenue	275 000	234 000	113 000	268 000
Cost of Goods Sold	44 000	22 000	14 000	34 000
Salary Costs	0	0	0	0
Depreciation	60 000	60 000	60 000	60 000
Impairment	0	0	0	0
Expenditure	153 000	130 000	124 000	153 000
Operating Profit	122 000	104 000	−12 000	115 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	96 000	81 000	−9 000	90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	8 000	9 000	10 000
Real Eastate	96 000	102 000	108 000	114 000
Machinery and Plant Facilities	2 003 000	2 056 000	2 109 000	2 162 000
Fixtures	0	0	0	0
Total Tangible Assets	2 099 000	2 158 000	2 217 000	2 276 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 106 000	2 166 000	2 226 000	2 286 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	35 000	52 000	62 000	31 000
Total Current Assets	147 000	60 000	82 000	68 000
Total Assets	2 253 000	2 225 000	2 307 000	2 354 000
Total Equity	645 000	550 000	468 000	477 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 527 000	1 625 000	1 825 000	1 825 000
Creditors	48 000	7 000	6 000	19 000
Unpaid Taxes	5 000	9 000	2 000	3 000
Dividends	0	0	0	0
Other Current Debt	0	12 000	6 000	4 000
Total Current Debt	81 000	51 000	14 000	52 000
Total Equity and Debt	2 253 000	2 225 000	2 307 000	2 354 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,88 %	14,73 %	−1,92 %	18,87 %
Debt-to-Equity Ratio	2,37	2,95	3,9	3,83
Operating Profit Margin	44,36 %	44,44 %	−10,62 %	42,91 %
Current Ratio	1,81	1,18	5,86	1,31
Quick Ratio	1,81	1,18	5,86	1,31
Equity Ratio	0,29	0,25	0,2	0,2
Gross Profit Margin	84 %	90,6 %	87,61 %	87,31 %