FOSEN BRØNNBORING AS

7113 HUSBYSJØEN

Finances

Share Ownership

Return on Equity

18,65 %

Current Ratio

2,07

Debt-to-Equity Ratio

1,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 151 000	18 872 000	13 129 000	14 414 000
Net Income	1 074 000	1 622 000	925 000	802 000
Total Assets	16 563 000	16 717 000	14 557 000	8 185 000
Total Equity	5 760 000	4 886 000	3 464 000	2 739 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 151 000	18 872 000	13 129 000	14 414 000
Expenditure	14 434 000	16 471 000	11 808 000	13 216 000
Operating Profit	1 716 000	2 400 000	1 390 000	1 198 000
Financial Income	0	0	1 000	2 000
Financial Costs	339 000	318 000	203 000	171 000
Financial Balance	−339 000	−318 000	−202 000	−169 000
Earnings Before Tax	1 377 000	2 082 000	1 188 000	1 028 000
Tax	303 000	460 000	264 000	226 000
Net Income	1 074 000	1 622 000	925 000	802 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 378 000	11 058 000	9 908 000	3 732 000
Total Current Assets	5 185 000	5 659 000	4 649 000	4 454 000
Total Assets	16 563 000	16 717 000	14 557 000	8 185 000
Total Retained Equity	5 560 000	4 686 000	3 264 000	2 539 000
Total Equity	5 760 000	4 886 000	3 464 000	2 739 000
Total Long-Term Debt	8 298 000	9 450 000	9 109 000	3 690 000
Total Current Debt	2 505 000	2 382 000	1 984 000	1 756 000
Total Equity and Debt	16 563 000	16 717 000	14 557 000	8 185 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 151 000	18 872 000	12 871 000	14 414 000
Other Income	0	0	258 000	0
Revenue	16 151 000	18 872 000	13 129 000	14 414 000
Cost of Goods Sold	2 853 000	4 258 000	3 347 000	4 929 000
Salary Costs	5 693 000	5 498 000	4 320 000	4 423 000
Depreciation	1 941 000	1 761 000	1 024 000	780 000
Impairment	0	0	0	0
Expenditure	14 434 000	16 471 000	11 808 000	13 216 000
Operating Profit	1 716 000	2 400 000	1 390 000	1 198 000
Financial Income	0	0	1 000	2 000
Financial Costs	339 000	318 000	203 000	171 000
Financial Balance	−339 000	−318 000	−202 000	−169 000
Dividends	200 000	200 000	200 000	300 000
Net Income	1 074 000	1 622 000	925 000	802 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 080 000	2 207 000	2 334 000	0
Machinery and Plant Facilities	8 045 000	7 774 000	6 821 000	3 422 000
Fixtures	1 253 000	1 077 000	753 000	310 000
Total Tangible Assets	11 378 000	11 058 000	9 908 000	3 732 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 378 000	11 058 000	9 908 000	3 732 000
Stock	182 000	263 000	136 000	122 000
Total Investments	0	0	0	0
Cash, Bank	3 700 000	4 276 000	2 929 000	3 242 000
Total Current Assets	5 185 000	5 659 000	4 649 000	4 454 000
Total Assets	16 563 000	16 717 000	14 557 000	8 185 000
Total Equity	5 760 000	4 886 000	3 464 000	2 739 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 298 000	9 450 000	9 109 000	3 690 000
Creditors	334 000	401 000	383 000	267 000
Unpaid Taxes	1 014 000	820 000	783 000	685 000
Dividends	200 000	200 000	200 000	300 000
Other Current Debt	669 000	519 000	467 000	503 000
Total Current Debt	2 505 000	2 382 000	1 984 000	1 756 000
Total Equity and Debt	16 563 000	16 717 000	14 557 000	8 185 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,65 %	33,2 %	26,7 %	29,28 %
Debt-to-Equity Ratio	1,44	1,93	2,63	1,35
Operating Profit Margin	10,62 %	12,72 %	10,59 %	8,31 %
Current Ratio	2,07	2,38	2,34	2,54
Quick Ratio	2,23	2,67	2,52	2,73
Equity Ratio	0,35	0,29	0,24	0,33
Gross Profit Margin	82,34 %	77,44 %	74,51 %	65,8 %