FOSEN YARD AS

7100 RISSA

Finances

Share Ownership

Return on Equity

−170 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2021	2020	2019	2018
Revenue	282 566 000	501 329 000	538 434 000	425 173 000
Net Income	−37 521 000	36 424 000	19 099 000	−11 860 000
Total Assets	222 207 000	217 766 000	315 789 000	157 180 000
Total Equity	22 071 000	45 119 000	10 104 000	−6 138 000

Income (NOK)	2021	2020	2019	2018
Revenue	282 566 000	501 329 000	538 434 000	425 173 000
Expenditure	325 949 000	456 449 000	512 091 000	440 972 000
Operating Profit	−43 383 000	44 880 000	26 343 000	−15 800 000
Financial Income	1 632 000	6 085 000	160 000	2 433 000
Financial Costs	1 307 000	3 228 000	2 046 000	1 496 000
Financial Balance	325 000	2 857 000	−1 886 000	937 000
Earnings Before Tax	−43 058 000	47 737 000	24 457 000	−14 862 000
Tax	−5 537 000	11 313 000	5 358 000	−3 002 000
Net Income	−37 521 000	36 424 000	19 099 000	−11 860 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	5 740 000	4 668 000	8 267 000	8 834 000
Total Current Assets	216 467 000	213 099 000	307 522 000	148 346 000
Total Assets	222 207 000	217 766 000	315 789 000	157 180 000
Total Retained Equity	7 498 000	45 019 000	10 004 000	−6 238 000
Total Equity	22 071 000	45 119 000	10 104 000	−6 138 000
Total Long-Term Debt	400 000	600 000	800 000	0
Total Current Debt	199 736 000	172 047 000	304 885 000	163 319 000
Total Equity and Debt	222 207 000	217 766 000	315 789 000	157 180 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	282 566 000	501 329 000	538 434 000	425 173 000
Other Income	0	0	0	0
Revenue	282 566 000	501 329 000	538 434 000	425 173 000
Cost of Goods Sold	171 350 000	348 604 000	372 852 000	332 327 000
Salary Costs	97 214 000	87 922 000	90 579 000	77 603 000
Depreciation	807 000	824 000	780 000	537 000
Impairment	0	0	0	0
Expenditure	325 949 000	456 449 000	512 091 000	440 972 000
Operating Profit	−43 383 000	44 880 000	26 343 000	−15 800 000
Financial Income	1 632 000	6 085 000	160 000	2 433 000
Financial Costs	1 307 000	3 228 000	2 046 000	1 496 000
Financial Balance	325 000	2 857 000	−1 886 000	937 000
Dividends	0	0	0	0
Net Income	−37 521 000	36 424 000	19 099 000	−11 860 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	1 876 000	421 000	3 553 000	3 622 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 411 000	2 846 000	3 428 000	3 895 000
Fixtures	1 003 000	915 000	784 000	853 000
Total Tangible Assets	3 415 000	3 761 000	4 211 000	4 748 000
Total Fiancial Fixed Assets	449 000	486 000	502 000	464 000
Total Fixed Assets	5 740 000	4 668 000	8 267 000	8 834 000
Stock	5 217 000	4 811 000	6 590 000	7 538 000
Total Investments	0	0	0	0
Cash, Bank	8 836 000	74 489 000	46 073 000	62 735 000
Total Current Assets	216 467 000	213 099 000	307 522 000	148 346 000
Total Assets	222 207 000	217 766 000	315 789 000	157 180 000
Total Equity	22 071 000	45 119 000	10 104 000	−6 138 000
Short-Term Group Debt	83 867 000	97 221 000	53 880 000	21 124 000
Total Long-Term Debt	400 000	600 000	800 000	0
Creditors	63 029 000	44 562 000	113 842 000	60 074 000
Unpaid Taxes	6 768 000	6 653 000	7 778 000	5 460 000
Dividends	0	0	0	0
Other Current Debt	26 102 000	15 828 000	124 901 000	76 661 000
Total Current Debt	199 736 000	172 047 000	304 885 000	163 319 000
Total Equity and Debt	222 207 000	217 766 000	315 789 000	157 180 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−170 %	80,73 %	189,02 %	193,22 %
Debt-to-Equity Ratio	0,02	0,01	0,08	−0
Operating Profit Margin	−15,35 %	8,95 %	4,89 %	−3,72 %
Current Ratio	1,08	1,24	1,01	0,91
Quick Ratio	1,11	1,27	1,03	0,95
Equity Ratio	0,1	0,21	0,03	−0,04
Gross Profit Margin	39,36 %	30,46 %	30,75 %	21,84 %