FOSSVEIEN 10 UTVIKLING AS

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

208,66 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	282 000	1 025 000	35 000	377 000
Net Income	265 000	325 000	−8 000	72 000
Total Assets	1 179 000	2 900 000	4 645 000	8 834 000
Total Equity	127 000	361 000	1 536 000	1 544 000

Income (NOK)	2022	2021	2020	2019
Revenue	282 000	1 025 000	35 000	377 000
Expenditure	19 000	103 000	56 000	43 000
Operating Profit	263 000	282 000	−22 000	−25 000
Financial Income	3 000	2 000	14 000	117 000
Financial Costs	0	0	0	20 000
Financial Balance	3 000	2 000	14 000	97 000
Earnings Before Tax	265 000	285 000	−8 000	72 000
Tax	0	−41 000	0	0
Net Income	265 000	325 000	−8 000	72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 179 000	2 900 000	4 645 000	8 834 000
Total Assets	1 179 000	2 900 000	4 645 000	8 834 000
Total Retained Equity	91 000	325 000	0	0
Total Equity	127 000	361 000	1 536 000	1 544 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 053 000	2 539 000	3 109 000	7 291 000
Total Equity and Debt	1 179 000	2 900 000	4 645 000	8 834 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	990 000	35 000	377 000
Other Income	282 000	35 000	0	0
Revenue	282 000	1 025 000	35 000	377 000
Cost of Goods Sold	0	80 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	19 000	103 000	56 000	43 000
Operating Profit	263 000	282 000	−22 000	−25 000
Financial Income	3 000	2 000	14 000	117 000
Financial Costs	0	0	0	20 000
Financial Balance	3 000	2 000	14 000	97 000
Dividends	500 000	0	0	4 000 000
Net Income	265 000	325 000	−8 000	72 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	640 000	640 000
Total Investments	0	0	0	0
Cash, Bank	1 179 000	2 500 000	4 002 000	8 188 000
Total Current Assets	1 179 000	2 900 000	4 645 000	8 834 000
Total Assets	1 179 000	2 900 000	4 645 000	8 834 000
Total Equity	127 000	361 000	1 536 000	1 544 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	133 000	0	8 000
Unpaid Taxes	0	0	0	0
Dividends	500 000	0	0	4 000 000
Other Current Debt	550 000	906 000	3 109 000	3 283 000
Total Current Debt	1 053 000	2 539 000	3 109 000	7 291 000
Total Equity and Debt	1 179 000	2 900 000	4 645 000	8 834 000

Financial indicators	2022	2021	2020	2019
Return on Equity	208,66 %	90,03 %	−0,52 %	4,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	93,26 %	27,51 %	−62,86 %	−6,63 %
Current Ratio	1,12	1,14	1,49	1,21
Quick Ratio	1,12	1,14	1,88	1,33
Equity Ratio	0,11	0,12	0,33	0,17
Gross Profit Margin	100 %	92,2 %	100 %	100 %