FOSSELIE VVS AS

4632 KRISTIANSAND S

Finances

Return on Equity

32,89 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 457 000	8 915 000	7 491 000	5 736 000
Net Income	149 000	15 000	283 000	−148 000
Total Assets	1 986 000	2 478 000	2 402 000	1 406 000
Total Equity	453 000	305 000	290 000	307 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 457 000	8 915 000	7 491 000	5 736 000
Expenditure	9 288 000	8 884 000	7 166 000	5 881 000
Operating Profit	169 000	30 000	325 000	−146 000
Financial Income	40 000	25 000	25 000	25 000
Financial Costs	40 000	40 000	50 000	27 000
Financial Balance	0	−15 000	−25 000	−2 000
Earnings Before Tax	169 000	15 000	300 000	−148 000
Tax	20 000	0	17 000	0
Net Income	149 000	15 000	283 000	−148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	238 000	250 000	269 000	279 000
Total Current Assets	1 748 000	2 229 000	2 133 000	1 127 000
Total Assets	1 986 000	2 478 000	2 402 000	1 406 000
Total Retained Equity	203 000	55 000	40 000	70 000
Total Equity	453 000	305 000	290 000	307 000
Total Long-Term Debt	180 000	260 000	353 000	36 000
Total Current Debt	1 353 000	1 914 000	1 758 000	1 063 000
Total Equity and Debt	1 986 000	2 478 000	2 402 000	1 406 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 165 000	8 915 000	7 491 000	5 736 000
Other Income	292 000	0	0	0
Revenue	9 457 000	8 915 000	7 491 000	5 736 000
Cost of Goods Sold	4 731 000	4 628 000	3 722 000	2 422 000
Salary Costs	3 309 000	3 220 000	2 542 000	2 535 000
Depreciation	12 000	19 000	10 000	12 000
Impairment	0	0	0	0
Expenditure	9 288 000	8 884 000	7 166 000	5 881 000
Operating Profit	169 000	30 000	325 000	−146 000
Financial Income	40 000	25 000	25 000	25 000
Financial Costs	40 000	40 000	50 000	27 000
Financial Balance	0	−15 000	−25 000	−2 000
Dividends	0	0	300 000	170 000
Net Income	149 000	15 000	283 000	−148 000

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	18 000	30 000	0	0
Fixtures	0	0	49 000	59 000
Total Tangible Assets	18 000	30 000	49 000	59 000
Total Fiancial Fixed Assets	220 000	220 000	220 000	220 000
Total Fixed Assets	238 000	250 000	269 000	279 000
Stock	397 000	421 000	333 000	284 000
Total Investments	0	0	0	0
Cash, Bank	110 000	84 000	320 000	200 000
Total Current Assets	1 748 000	2 229 000	2 133 000	1 127 000
Total Assets	1 986 000	2 478 000	2 402 000	1 406 000
Total Equity	453 000	305 000	290 000	307 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	180 000	260 000	353 000	36 000
Creditors	578 000	775 000	595 000	664 000
Unpaid Taxes	389 000	530 000	542 000	176 000
Dividends	0	0	300 000	170 000
Other Current Debt	365 000	372 000	304 000	223 000
Total Current Debt	1 353 000	1 914 000	1 758 000	1 063 000
Total Equity and Debt	1 986 000	2 478 000	2 402 000	1 406 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,89 %	4,92 %	97,59 %	−48,21 %
Debt-to-Equity Ratio	0,4	0,85	1,22	0,12
Operating Profit Margin	1,79 %	0,34 %	4,34 %	−2,55 %
Current Ratio	1,29	1,16	1,21	1,06
Quick Ratio	1,83	1,49	1,5	1,45
Equity Ratio	0,23	0,12	0,12	0,22
Gross Profit Margin	49,97 %	48,09 %	50,31 %	57,78 %