FOMOTO AS

0473 OSLO

Finances

Share Ownership

Return on Equity

304 %

Current Ratio

1,44

Debt-to-Equity Ratio

−4

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 635 000	2 427 000	1 637 000	1 742 000
Net Income	−304 000	30 000	145 000	−293 000
Total Assets	830 000	796 000	730 000	446 000
Total Equity	−100 000	204 000	174 000	29 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 635 000	2 427 000	1 637 000	1 742 000
Expenditure	2 930 000	2 393 000	1 489 000	2 033 000
Operating Profit	−295 000	34 000	148 000	−291 000
Financial Income	8 000	4 000	2 000	1 000
Financial Costs	17 000	8 000	5 000	3 000
Financial Balance	−9 000	−4 000	−3 000	−2 000
Earnings Before Tax	−304 000	30 000	145 000	−293 000
Tax	0	0	0	0
Net Income	−304 000	30 000	145 000	−293 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 000	82 000	95 000	79 000
Total Current Assets	761 000	713 000	635 000	368 000
Total Assets	830 000	796 000	730 000	446 000
Total Retained Equity	−450 000	−146 000	−176 000	−321 000
Total Equity	−100 000	204 000	174 000	29 000
Total Long-Term Debt	400 000	350 000	350 000	212 000
Total Current Debt	529 000	242 000	206 000	206 000
Total Equity and Debt	830 000	796 000	730 000	446 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 635 000	2 316 000	1 637 000	1 742 000
Other Income	0	110 000	0	0
Revenue	2 635 000	2 427 000	1 637 000	1 742 000
Cost of Goods Sold	1 330 000	1 056 000	587 000	686 000
Salary Costs	1 103 000	861 000	400 000	836 000
Depreciation	13 000	13 000	50 000	30 000
Impairment	0	0	0	0
Expenditure	2 930 000	2 393 000	1 489 000	2 033 000
Operating Profit	−295 000	34 000	148 000	−291 000
Financial Income	8 000	4 000	2 000	1 000
Financial Costs	17 000	8 000	5 000	3 000
Financial Balance	−9 000	−4 000	−3 000	−2 000
Dividends	0	0	0	0
Net Income	−304 000	30 000	145 000	−293 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	45 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	49 000	62 000	0
Total Tangible Assets	35 000	49 000	62 000	45 000
Total Fiancial Fixed Assets	33 000	33 000	33 000	33 000
Total Fixed Assets	69 000	82 000	95 000	79 000
Stock	515 000	441 000	283 000	252 000
Total Investments	0	9 000	0	0
Cash, Bank	225 000	258 000	335 000	97 000
Total Current Assets	761 000	713 000	635 000	368 000
Total Assets	830 000	796 000	730 000	446 000
Total Equity	−100 000	204 000	174 000	29 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	400 000	350 000	350 000	212 000
Creditors	−2 000	−9 000	39 000	29 000
Unpaid Taxes	148 000	142 000	118 000	85 000
Dividends	0	0	0	0
Other Current Debt	383 000	109 000	48 000	92 000
Total Current Debt	529 000	242 000	206 000	206 000
Total Equity and Debt	830 000	796 000	730 000	446 000

Financial indicators	2022	2021	2020	2019
Return on Equity	304 %	14,71 %	83,33 %	−1 010,34 %
Debt-to-Equity Ratio	−4	1,72	2,01	7,31
Operating Profit Margin	−11,2 %	1,4 %	9,04 %	−16,7 %
Current Ratio	1,44	2,95	3,08	1,79
Quick Ratio	54,36	−3,58	−8,25	−8
Equity Ratio	−0,12	0,26	0,24	0,07
Gross Profit Margin	49,53 %	56,49 %	64,14 %	60,62 %