FOSTECH AS

6094 LEINØY

Finances

Share Ownership

Return on Equity

−71,43 %

Current Ratio

1,25

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 164 000	2 022 000	−345 000	1 662 000
Net Income	−1 708 000	1 000	−834 000	−431 000
Total Assets	6 898 000	9 110 000	3 059 000	2 770 000
Total Equity	2 391 000	4 098 000	767 000	101 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 164 000	2 022 000	−345 000	1 662 000
Expenditure	3 626 000	1 837 000	236 000	1 988 000
Operating Profit	−1 464 000	185 000	−687 000	−326 000
Financial Income	2 000	4 000	0	2 000
Financial Costs	246 000	189 000	147 000	118 000
Financial Balance	−244 000	−185 000	−147 000	−116 000
Earnings Before Tax	−1 708 000	1 000	−834 000	−442 000
Tax	0	0	0	−11 000
Net Income	−1 708 000	1 000	−834 000	−431 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 273 000	5 055 000	2 891 000	2 598 000
Total Current Assets	1 624 000	4 055 000	168 000	172 000
Total Assets	6 898 000	9 110 000	3 059 000	2 770 000
Total Retained Equity	0	1 000	0	−381 000
Total Equity	2 391 000	4 098 000	767 000	101 000
Total Long-Term Debt	3 208 000	3 500 000	647 000	658 000
Total Current Debt	1 299 000	1 512 000	1 645 000	2 011 000
Total Equity and Debt	6 898 000	9 110 000	3 059 000	2 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−147 000	547 000	739 000	782 000
Other Income	2 311 000	1 475 000	−1 084 000	880 000
Revenue	2 164 000	2 022 000	−345 000	1 662 000
Cost of Goods Sold	1 089 000	412 000	91 000	152 000
Salary Costs	1 277 000	1 297 000	−177 000	1 348 000
Depreciation	31 000	89 000	123 000	149 000
Impairment	750 000	0	0	0
Expenditure	3 626 000	1 837 000	236 000	1 988 000
Operating Profit	−1 464 000	185 000	−687 000	−326 000
Financial Income	2 000	4 000	0	2 000
Financial Costs	246 000	189 000	147 000	118 000
Financial Balance	−244 000	−185 000	−147 000	−116 000
Dividends	0	0	0	0
Net Income	−1 708 000	1 000	−834 000	−431 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 252 000	5 002 000	2 777 000	2 362 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 000	52 000	114 000	237 000
Total Tangible Assets	21 000	52 000	114 000	237 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 273 000	5 055 000	2 891 000	2 598 000
Stock	248 000	45 000	45 000	150 000
Total Investments	0	0	0	0
Cash, Bank	129 000	2 410 000	0	0
Total Current Assets	1 624 000	4 055 000	168 000	172 000
Total Assets	6 898 000	9 110 000	3 059 000	2 770 000
Total Equity	2 391 000	4 098 000	767 000	101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 208 000	3 500 000	647 000	658 000
Creditors	673 000	1 009 000	155 000	67 000
Unpaid Taxes	80 000	156 000	6 000	7 000
Dividends	0	0	0	0
Other Current Debt	546 000	347 000	86 000	653 000
Total Current Debt	1 299 000	1 512 000	1 645 000	2 011 000
Total Equity and Debt	6 898 000	9 110 000	3 059 000	2 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,43 %	0,02 %	−108,74 %	−426,73 %
Debt-to-Equity Ratio	1,34	0,85	0,84	6,51
Operating Profit Margin	−67,65 %	9,15 %	199,13 %	−19,61 %
Current Ratio	1,25	2,68	0,1	0,09
Quick Ratio	1,55	2,76	0,11	0,09
Equity Ratio	0,35	0,45	0,25	0,04
Gross Profit Margin	49,68 %	79,62 %	126,38 %	90,85 %