FOSEN RØR AS

7160 BJUGN

Finances

Return on Equity

−59,19 %

Current Ratio

1,68

Debt-to-Equity Ratio

1,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 001 000	10 140 000	12 990 000	9 027 000
Net Income	−451 000	−334 000	754 000	−132 000
Total Assets	5 078 000	4 454 000	5 558 000	3 757 000
Total Equity	762 000	932 000	846 000	92 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 001 000	10 140 000	12 990 000	9 027 000
Expenditure	10 312 000	10 490 000	11 950 000	9 013 000
Operating Profit	−311 000	−349 000	1 040 000	14 000
Financial Income	4 000	3 000	7 000	1 000
Financial Costs	144 000	106 000	136 000	146 000
Financial Balance	−140 000	−103 000	−129 000	−145 000
Earnings Before Tax	−451 000	−453 000	910 000	−132 000
Tax	0	−119 000	156 000	0
Net Income	−451 000	−334 000	754 000	−132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	126 000	67 000	73 000	103 000
Total Current Assets	4 952 000	4 387 000	5 485 000	3 654 000
Total Assets	5 078 000	4 454 000	5 558 000	3 757 000
Total Retained Equity	472 000	642 000	556 000	−198 000
Total Equity	762 000	932 000	846 000	92 000
Total Long-Term Debt	1 376 000	1 544 000	1 710 000	1 859 000
Total Current Debt	2 940 000	1 979 000	3 003 000	1 806 000
Total Equity and Debt	5 078 000	4 454 000	5 558 000	3 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 001 000	10 140 000	12 990 000	9 027 000
Other Income	0	0	0	0
Revenue	10 001 000	10 140 000	12 990 000	9 027 000
Cost of Goods Sold	5 405 000	6 177 000	7 312 000	4 705 000
Salary Costs	3 533 000	3 314 000	3 577 000	3 170 000
Depreciation	5 000	6 000	30 000	163 000
Impairment	0	0	0	0
Expenditure	10 312 000	10 490 000	11 950 000	9 013 000
Operating Profit	−311 000	−349 000	1 040 000	14 000
Financial Income	4 000	3 000	7 000	1 000
Financial Costs	144 000	106 000	136 000	146 000
Financial Balance	−140 000	−103 000	−129 000	−145 000
Dividends	0	0	0	0
Net Income	−451 000	−334 000	754 000	−132 000

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	0	0	0	0
Fixtures	71 000	12 000	18 000	48 000
Total Tangible Assets	71 000	12 000	18 000	48 000
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	126 000	67 000	73 000	103 000
Stock	1 296 000	1 194 000	1 248 000	1 150 000
Total Investments	0	0	0	0
Cash, Bank	167 000	119 000	224 000	189 000
Total Current Assets	4 952 000	4 387 000	5 485 000	3 654 000
Total Assets	5 078 000	4 454 000	5 558 000	3 757 000
Total Equity	762 000	932 000	846 000	92 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 376 000	1 544 000	1 710 000	1 859 000
Creditors	1 546 000	580 000	1 513 000	382 000
Unpaid Taxes	587 000	538 000	643 000	594 000
Dividends	0	0	0	0
Other Current Debt	807 000	546 000	407 000	331 000
Total Current Debt	2 940 000	1 979 000	3 003 000	1 806 000
Total Equity and Debt	5 078 000	4 454 000	5 558 000	3 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−59,19 %	−35,84 %	89,13 %	−143,48 %
Debt-to-Equity Ratio	1,81	1,66	2,02	20,21
Operating Profit Margin	−3,11 %	−3,44 %	8,01 %	0,16 %
Current Ratio	1,68	2,22	1,83	2,02
Quick Ratio	3,01	5,59	3,13	5,57
Equity Ratio	0,15	0,21	0,15	0,02
Gross Profit Margin	45,96 %	39,08 %	43,71 %	47,88 %