FOSEN MEK. HOLDING AS

7100 RISSA

Finances

Share Ownership

Return on Equity

569,57 %

Current Ratio

0,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 367 000	10 248 000	6 277 000	7 516 000
Net Income	262 000	−139 000	−94 000	464 000
Total Assets	16 846 000	19 267 000	17 158 000	17 509 000
Total Equity	46 000	−81 000	58 000	152 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 367 000	10 248 000	6 277 000	7 516 000
Expenditure	7 945 000	10 414 000	6 363 000	6 889 000
Operating Profit	421 000	−166 000	−86 000	627 000
Financial Income	0	0	4 000	1 000
Financial Costs	85 000	12 000	39 000	33 000
Financial Balance	−85 000	−12 000	−35 000	−32 000
Earnings Before Tax	336 000	−178 000	−121 000	594 000
Tax	74 000	−39 000	−27 000	131 000
Net Income	262 000	−139 000	−94 000	464 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 198 000	6 508 000	6 383 000	6 625 000
Total Current Assets	10 648 000	12 759 000	10 775 000	10 884 000
Total Assets	16 846 000	19 267 000	17 158 000	17 509 000
Total Retained Equity	16 000	−111 000	28 000	122 000
Total Equity	46 000	−81 000	58 000	152 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 800 000	19 348 000	17 100 000	17 356 000
Total Equity and Debt	16 846 000	19 267 000	17 158 000	17 509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 575 000	10 232 000	6 242 000	7 516 000
Other Income	−208 000	16 000	35 000	0
Revenue	8 367 000	10 248 000	6 277 000	7 516 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	274 000	274 000	274 000	243 000
Impairment	0	0	0	0
Expenditure	7 945 000	10 414 000	6 363 000	6 889 000
Operating Profit	421 000	−166 000	−86 000	627 000
Financial Income	0	0	4 000	1 000
Financial Costs	85 000	12 000	39 000	33 000
Financial Balance	−85 000	−12 000	−35 000	−32 000
Dividends	0	0	0	0
Net Income	262 000	−139 000	−94 000	464 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 311 000	1 346 000	1 250 000	1 218 000
Real Eastate	4 888 000	5 162 000	5 133 000	5 407 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 888 000	5 162 000	5 133 000	5 407 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 198 000	6 508 000	6 383 000	6 625 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	190 000	256 000	669 000	1 726 000
Total Current Assets	10 648 000	12 759 000	10 775 000	10 884 000
Total Assets	16 846 000	19 267 000	17 158 000	17 509 000
Total Equity	46 000	−81 000	58 000	152 000
Short-Term Group Debt	9 735 000	10 274 000	9 842 000	10 142 000
Total Long-Term Debt	0	0	0	0
Creditors	717 000	1 800 000	950 000	1 629 000
Unpaid Taxes	849 000	1 711 000	802 000	0
Dividends	0	0	0	0
Other Current Debt	5 500 000	5 500 000	5 500 000	5 585 000
Total Current Debt	16 800 000	19 348 000	17 100 000	17 356 000
Total Equity and Debt	16 846 000	19 267 000	17 158 000	17 509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	569,57 %	171,6 %	−162,07 %	305,26 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	5,03 %	−1,62 %	−1,37 %	8,34 %
Current Ratio	0,63	0,66	0,63	0,63
Quick Ratio	0,63	0,66	0,63	0,63
Equity Ratio	0	−0	0	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %