FOSEN DESIGN & SOLUTIONS AS

7100 RISSA

Finances

Share Ownership

Return on Equity

−226,23 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 314 000	30 122 000	21 839 000	0
Net Income	−4 312 000	328 000	156 000	−8 000
Total Assets	12 828 000	12 997 000	12 889 000	348 000
Total Equity	1 906 000	6 215 000	6 733 000	286 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 314 000	30 122 000	21 839 000	0
Expenditure	36 497 000	29 521 000	21 407 000	29 000
Operating Profit	−4 184 000	600 000	433 000	−29 000
Financial Income	22 000	6 000	62 000	0
Financial Costs	151 000	40 000	111 000	0
Financial Balance	−129 000	−34 000	−49 000	0
Earnings Before Tax	−4 313 000	566 000	383 000	−29 000
Tax	−1 000	239 000	227 000	−21 000
Net Income	−4 312 000	328 000	156 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	330 000	276 000	250 000
Total Current Assets	12 768 000	12 667 000	12 613 000	98 000
Total Assets	12 828 000	12 997 000	12 889 000	348 000
Total Retained Equity	−901 000	3 411 000	3 929 000	0
Total Equity	1 906 000	6 215 000	6 733 000	286 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 922 000	6 782 000	6 157 000	62 000
Total Equity and Debt	12 828 000	12 997 000	12 889 000	348 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 314 000	30 122 000	21 839 000	0
Other Income	0	0	0	0
Revenue	32 314 000	30 122 000	21 839 000	0
Cost of Goods Sold	7 759 000	2 851 000	1 842 000	0
Salary Costs	22 861 000	21 244 000	13 881 000	0
Depreciation	20 000	16 000	16 000	0
Impairment	0	0	0	0
Expenditure	36 497 000	29 521 000	21 407 000	29 000
Operating Profit	−4 184 000	600 000	433 000	−29 000
Financial Income	22 000	6 000	62 000	0
Financial Costs	151 000	40 000	111 000	0
Financial Balance	−129 000	−34 000	−49 000	0
Dividends	0	0	0	0
Net Income	−4 312 000	328 000	156 000	−8 000

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	60 000	80 000	26 000	0
Total Tangible Assets	60 000	80 000	26 000	0
Total Fiancial Fixed Assets	0	250 000	250 000	250 000
Total Fixed Assets	60 000	330 000	276 000	250 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 216 000	4 166 000	1 602 000	2 000
Total Current Assets	12 768 000	12 667 000	12 613 000	98 000
Total Assets	12 828 000	12 997 000	12 889 000	348 000
Total Equity	1 906 000	6 215 000	6 733 000	286 000
Short-Term Group Debt	3 584 000	1 084 000	80 000	58 000
Total Long-Term Debt	0	0	0	0
Creditors	2 872 000	835 000	2 103 000	4 000
Unpaid Taxes	2 177 000	2 296 000	1 935 000	0
Dividends	0	0	0	0
Other Current Debt	2 288 000	2 567 000	1 809 000	0
Total Current Debt	10 922 000	6 782 000	6 157 000	62 000
Total Equity and Debt	12 828 000	12 997 000	12 889 000	348 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−226,23 %	5,28 %	2,32 %	−2,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−12,95 %	1,99 %	1,98 %	-
Current Ratio	1,17	1,87	2,05	1,58
Quick Ratio	1,17	1,87	2,05	1,58
Equity Ratio	0,15	0,48	0,52	0,82
Gross Profit Margin	75,99 %	90,54 %	91,57 %	-