FOSEN MASKINUTLEIE AS

7130 BREKSTAD

Finances

Return on Equity

18,49 %

Current Ratio

10,45

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	631 000	583 000	673 000	314 000
Net Income	115 000	64 000	301 000	182 000
Total Assets	674 000	555 000	672 000	439 000
Total Equity	622 000	507 000	443 000	143 000

Income (NOK)	2022	2021	2020	2019
Revenue	631 000	583 000	673 000	314 000
Expenditure	484 000	502 000	407 000	232 000
Operating Profit	147 000	82 000	265 000	81 000
Financial Income	0	0	120 000	120 000
Financial Costs	0	0	0	0
Financial Balance	0	0	120 000	120 000
Earnings Before Tax	148 000	81 000	385 000	201 000
Tax	32 000	18 000	85 000	20 000
Net Income	115 000	64 000	301 000	182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	256 000	132 000	213 000	208 000
Total Current Assets	418 000	423 000	459 000	231 000
Total Assets	674 000	555 000	672 000	439 000
Total Retained Equity	599 000	484 000	420 000	120 000
Total Equity	622 000	507 000	443 000	143 000
Total Long-Term Debt	11 000	11 000	14 000	3 000
Total Current Debt	40 000	37 000	214 000	292 000
Total Equity and Debt	674 000	555 000	672 000	439 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	631 000	583 000	588 000	260 000
Other Income	0	0	85 000	54 000
Revenue	631 000	583 000	673 000	314 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	7 000	7 000	22 000	25 000
Impairment	0	0	0	0
Expenditure	484 000	502 000	407 000	232 000
Operating Profit	147 000	82 000	265 000	81 000
Financial Income	0	0	120 000	120 000
Financial Costs	0	0	0	0
Financial Balance	0	0	120 000	120 000
Dividends	0	0	0	0
Net Income	115 000	64 000	301 000	182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	89 000	9 000	15 000	55 000
Fixtures	0	0	0	0
Total Tangible Assets	89 000	9 000	15 000	55 000
Total Fiancial Fixed Assets	166 000	123 000	198 000	153 000
Total Fixed Assets	256 000	132 000	213 000	208 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	240 000	311 000	312 000	100 000
Total Current Assets	418 000	423 000	459 000	231 000
Total Assets	674 000	555 000	672 000	439 000
Total Equity	622 000	507 000	443 000	143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	11 000	14 000	3 000
Creditors	3 000	6 000	2 000	10 000
Unpaid Taxes	6 000	10 000	33 000	25 000
Dividends	0	0	0	0
Other Current Debt	0	0	106 000	241 000
Total Current Debt	40 000	37 000	214 000	292 000
Total Equity and Debt	674 000	555 000	672 000	439 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,49 %	12,62 %	67,95 %	127,27 %
Debt-to-Equity Ratio	0,02	0,02	0,03	0,02
Operating Profit Margin	23,3 %	14,07 %	39,38 %	25,8 %
Current Ratio	10,45	11,43	2,14	0,79
Quick Ratio	10,45	11,43	2,14	0,79
Equity Ratio	0,92	0,91	0,66	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %