FOSS SOLUTIONS AS

4590 SNARTEMO

Finances

Return on Equity

22,14 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 933 000	2 918 000	4 369 000	3 099 000
Net Income	378 000	70 000	305 000	489 000
Total Assets	3 710 000	2 126 000	1 952 000	1 777 000
Total Equity	1 707 000	1 328 000	1 258 000	953 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 933 000	2 918 000	4 369 000	3 099 000
Expenditure	5 437 000	2 821 000	3 976 000	1 651 000
Operating Profit	497 000	96 000	393 000	616 000
Financial Income	0	0	0	1 000
Financial Costs	13 000	6 000	2 000	0
Financial Balance	−13 000	−6 000	−2 000	1 000
Earnings Before Tax	485 000	90 000	391 000	617 000
Tax	107 000	20 000	86 000	128 000
Net Income	378 000	70 000	305 000	489 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 197 000	61 000	59 000	57 000
Total Current Assets	2 513 000	2 065 000	1 893 000	1 719 000
Total Assets	3 710 000	2 126 000	1 952 000	1 777 000
Total Retained Equity	1 207 000	828 000	758 000	453 000
Total Equity	1 707 000	1 328 000	1 258 000	953 000
Total Long-Term Debt	44 000	17 000	1 000	2 000
Total Current Debt	1 960 000	780 000	693 000	821 000
Total Equity and Debt	3 710 000	2 126 000	1 952 000	1 777 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 933 000	2 816 000	4 369 000	3 099 000
Other Income	0	102 000	0	0
Revenue	5 933 000	2 918 000	4 369 000	3 099 000
Cost of Goods Sold	3 873 000	1 735 000	3 111 000	890 000
Salary Costs	863 000	758 000	544 000	601 000
Depreciation	122 000	18 000	18 000	3 000
Impairment	0	0	0	0
Expenditure	5 437 000	2 821 000	3 976 000	1 651 000
Operating Profit	497 000	96 000	393 000	616 000
Financial Income	0	0	0	1 000
Financial Costs	13 000	6 000	2 000	0
Financial Balance	−13 000	−6 000	−2 000	1 000
Dividends	0	0	0	0
Net Income	378 000	70 000	305 000	489 000

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	551 000	23 000	32 000	40 000
Fixtures	128 000	18 000	28 000	18 000
Total Tangible Assets	1 177 000	41 000	59 000	57 000
Total Fiancial Fixed Assets	20 000	20 000	0	0
Total Fixed Assets	1 197 000	61 000	59 000	57 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	525 000	1 434 000	252 000	198 000
Total Current Assets	2 513 000	2 065 000	1 893 000	1 719 000
Total Assets	3 710 000	2 126 000	1 952 000	1 777 000
Total Equity	1 707 000	1 328 000	1 258 000	953 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	44 000	17 000	1 000	2 000
Creditors	841 000	503 000	170 000	334 000
Unpaid Taxes	386 000	81 000	259 000	189 000
Dividends	0	0	0	0
Other Current Debt	653 000	193 000	176 000	173 000
Total Current Debt	1 960 000	780 000	693 000	821 000
Total Equity and Debt	3 710 000	2 126 000	1 952 000	1 777 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,14 %	5,27 %	24,24 %	51,31 %
Debt-to-Equity Ratio	0,03	0,01	0	0
Operating Profit Margin	8,38 %	3,29 %	9 %	19,88 %
Current Ratio	1,28	2,65	2,73	2,09
Quick Ratio	1,28	2,65	2,73	2,09
Equity Ratio	0,46	0,62	0,64	0,54
Gross Profit Margin	34,72 %	40,54 %	28,79 %	71,28 %