FGS AS

6987 BULANDET

Finances

Share Ownership

Return on Equity

16,93 %

Current Ratio

0,19

Debt-to-Equity Ratio

−0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	229 000	118 000	150 000	0
Net Income	−214 000	−246 000	−222 000	−128 000
Total Assets	681 000	562 000	252 000	311 000
Total Equity	−1 264 000	−1 051 000	−804 000	−582 000

Income (NOK)	2022	2021	2020	2019
Revenue	229 000	118 000	150 000	0
Expenditure	555 000	362 000	192 000	139 000
Operating Profit	−325 000	−244 000	−42 000	−139 000
Financial Income	0	0	0	0
Financial Costs	8 000	2 000	13 000	23 000
Financial Balance	−8 000	−2 000	−13 000	−23 000
Earnings Before Tax	−333 000	−246 000	−55 000	−162 000
Tax	−119 000	0	167 000	−34 000
Net Income	−214 000	−246 000	−222 000	−128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	331 000	359 000	67 000	311 000
Total Current Assets	351 000	203 000	185 000	0
Total Assets	681 000	562 000	252 000	311 000
Total Retained Equity	−1 294 000	−1 081 000	−834 000	−612 000
Total Equity	−1 264 000	−1 051 000	−804 000	−582 000
Total Long-Term Debt	129 000	129 000	129 000	129 000
Total Current Debt	1 816 000	1 484 000	927 000	764 000
Total Equity and Debt	681 000	562 000	252 000	311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	229 000	118 000	150 000	0
Other Income	0	0	0	0
Revenue	229 000	118 000	150 000	0
Cost of Goods Sold	21 000	95 000	0	0
Salary Costs	0	0	0	0
Depreciation	183 000	120 000	77 000	88 000
Impairment	0	0	0	0
Expenditure	555 000	362 000	192 000	139 000
Operating Profit	−325 000	−244 000	−42 000	−139 000
Financial Income	0	0	0	0
Financial Costs	8 000	2 000	13 000	23 000
Financial Balance	−8 000	−2 000	−13 000	−23 000
Dividends	0	0	0	0
Net Income	−214 000	−246 000	−222 000	−128 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	167 000
Real Eastate	−3 000	−3 000	0	0
Machinery and Plant Facilities	139 000	31 000	2 000	14 000
Fixtures	194 000	331 000	65 000	130 000
Total Tangible Assets	331 000	359 000	67 000	144 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	331 000	359 000	67 000	311 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	318 000	203 000	185 000	0
Total Current Assets	351 000	203 000	185 000	0
Total Assets	681 000	562 000	252 000	311 000
Total Equity	−1 264 000	−1 051 000	−804 000	−582 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	129 000	129 000	129 000	129 000
Creditors	1 000	1 000	145 000	134 000
Unpaid Taxes	0	−110 000	7 000	−7 000
Dividends	0	0	0	0
Other Current Debt	1 815 000	1 592 000	774 000	638 000
Total Current Debt	1 816 000	1 484 000	927 000	764 000
Total Equity and Debt	681 000	562 000	252 000	311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,93 %	23,41 %	27,61 %	21,99 %
Debt-to-Equity Ratio	−0,1	−0,12	−0,16	−0,22
Operating Profit Margin	−141,92 %	−206,78 %	−28 %	-
Current Ratio	0,19	0,14	0,2	0
Quick Ratio	0,19	0,14	0,2	0
Equity Ratio	−1,86	−1,87	−3,19	−1,87
Gross Profit Margin	90,83 %	19,49 %	100 %	-