FORTIL AS

1619 FREDRIKSTAD

Finances

Return on Equity

3,7 %

Current Ratio

0,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	589 000	907 000	5 984 000	14 000
Net Income	8 000	−443 000	401 000	10 000
Total Assets	442 000	558 000	851 000	82 000
Total Equity	216 000	213 000	453 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	589 000	907 000	5 984 000	14 000
Expenditure	575 000	1 348 000	5 471 000	4 000
Operating Profit	14 000	−441 000	512 000	10 000
Financial Income	0	0	0	0
Financial Costs	6 000	2 000	0	0
Financial Balance	−6 000	−2 000	0	0
Earnings Before Tax	8 000	−443 000	512 000	10 000
Tax	0	0	110 000	0
Net Income	8 000	−443 000	401 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	371 000	430 000	697 000	82 000
Total Current Assets	71 000	128 000	154 000	0
Total Assets	442 000	558 000	851 000	82 000
Total Retained Equity	186 000	183 000	423 000	22 000
Total Equity	216 000	213 000	453 000	52 000
Total Long-Term Debt	0	0	0	2 000
Total Current Debt	226 000	345 000	398 000	28 000
Total Equity and Debt	442 000	558 000	851 000	82 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	589 000	907 000	5 984 000	14 000
Other Income	0	0	0	0
Revenue	589 000	907 000	5 984 000	14 000
Cost of Goods Sold	96 000	252 000	3 995 000	0
Salary Costs	357 000	673 000	278 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	575 000	1 348 000	5 471 000	4 000
Operating Profit	14 000	−441 000	512 000	10 000
Financial Income	0	0	0	0
Financial Costs	6 000	2 000	0	0
Financial Balance	−6 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	8 000	−443 000	401 000	10 000

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	371 000	430 000	697 000	82 000
Total Fixed Assets	371 000	430 000	697 000	82 000
Stock	0	13 000	0	0
Total Investments	4 000	0	0	0
Cash, Bank	33 000	17 000	255 000	0
Total Current Assets	71 000	128 000	154 000	0
Total Assets	442 000	558 000	851 000	82 000
Total Equity	216 000	213 000	453 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 000
Creditors	93 000	104 000	128 000	3 000
Unpaid Taxes	48 000	87 000	147 000	0
Dividends	0	0	0	0
Other Current Debt	85 000	154 000	13 000	25 000
Total Current Debt	226 000	345 000	398 000	28 000
Total Equity and Debt	442 000	558 000	851 000	82 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,7 %	−207,98 %	88,52 %	19,23 %
Debt-to-Equity Ratio	0	0	0	0,04
Operating Profit Margin	2,38 %	−48,62 %	8,56 %	71,43 %
Current Ratio	0,31	0,37	0,39	0
Quick Ratio	0,31	0,39	0,39	0
Equity Ratio	0,49	0,38	0,53	0,63
Gross Profit Margin	83,7 %	72,22 %	33,24 %	100 %