FOSS DRIFT AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

17,75 %

Current Ratio

0,2

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 591 000	4 365 000	4 807 000	5 000 000
Net Income	104 000	−414 000	18 000	45 000
Total Assets	11 197 000	8 505 000	3 808 000	3 434 000
Total Equity	586 000	48 000	48 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 591 000	4 365 000	4 807 000	5 000 000
Expenditure	4 402 000	4 830 000	4 717 000	4 909 000
Operating Profit	189 000	−466 000	91 000	92 000
Financial Income	3 000	0	4 000	2 000
Financial Costs	57 000	65 000	72 000	81 000
Financial Balance	−54 000	−65 000	−68 000	−79 000
Earnings Before Tax	134 000	−531 000	23 000	14 000
Tax	29 000	−117 000	5 000	−31 000
Net Income	104 000	−414 000	18 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 149 000	7 303 000	2 809 000	2 220 000
Total Current Assets	2 048 000	1 202 000	999 000	1 214 000
Total Assets	11 197 000	8 505 000	3 808 000	3 434 000
Total Retained Equity	104 000	0	0	−110 000
Total Equity	586 000	48 000	48 000	30 000
Total Long-Term Debt	126 000	1 155 000	1 310 000	1 457 000
Total Current Debt	10 485 000	7 302 000	2 450 000	1 947 000
Total Equity and Debt	11 197 000	8 505 000	3 808 000	3 434 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 507 000	4 344 000	4 772 000	5 000 000
Other Income	84 000	20 000	35 000	0
Revenue	4 591 000	4 365 000	4 807 000	5 000 000
Cost of Goods Sold	889 000	776 000	1 153 000	1 141 000
Salary Costs	1 632 000	1 763 000	1 796 000	1 945 000
Depreciation	219 000	62 000	196 000	52 000
Impairment	0	0	0	0
Expenditure	4 402 000	4 830 000	4 717 000	4 909 000
Operating Profit	189 000	−466 000	91 000	92 000
Financial Income	3 000	0	4 000	2 000
Financial Costs	57 000	65 000	72 000	81 000
Financial Balance	−54 000	−65 000	−68 000	−79 000
Dividends	0	0	0	0
Net Income	104 000	−414 000	18 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	26 000	26 000	31 000
Real Eastate	7 174 000	5 127 000	597 000	0
Machinery and Plant Facilities	1 975 000	2 150 000	2 185 000	2 189 000
Fixtures	0	0	0	0
Total Tangible Assets	9 149 000	7 277 000	2 783 000	2 189 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 149 000	7 303 000	2 809 000	2 220 000
Stock	136 000	78 000	102 000	38 000
Total Investments	0	0	0	0
Cash, Bank	163 000	62 000	190 000	156 000
Total Current Assets	2 048 000	1 202 000	999 000	1 214 000
Total Assets	11 197 000	8 505 000	3 808 000	3 434 000
Total Equity	586 000	48 000	48 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	126 000	1 155 000	1 310 000	1 457 000
Creditors	29 000	29 000	60 000	47 000
Unpaid Taxes	152 000	178 000	198 000	190 000
Dividends	0	0	0	0
Other Current Debt	10 304 000	7 095 000	2 191 000	1 711 000
Total Current Debt	10 485 000	7 302 000	2 450 000	1 947 000
Total Equity and Debt	11 197 000	8 505 000	3 808 000	3 434 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,75 %	−862,5 %	37,5 %	150 %
Debt-to-Equity Ratio	0,22	24,06	27,29	48,57
Operating Profit Margin	4,12 %	−10,68 %	1,89 %	1,84 %
Current Ratio	0,2	0,16	0,41	0,62
Quick Ratio	0,2	0,17	0,43	0,64
Equity Ratio	0,05	0,01	0,01	0,01
Gross Profit Margin	80,64 %	82,22 %	76,01 %	77,18 %