FOSSHEIM & CO AS

6823 SANDANE

Finances

Share Ownership

Return on Equity

115,85 %

Current Ratio

0,38

Debt-to-Equity Ratio

−3,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 746 000	2 633 000	3 858 000	3 236 000
Net Income	−329 000	−56 000	397 000	−138 000
Total Assets	908 000	1 667 000	3 586 000	1 950 000
Total Equity	−284 000	245 000	301 000	−95 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 746 000	2 633 000	3 858 000	3 236 000
Expenditure	2 017 000	2 642 000	3 286 000	3 311 000
Operating Profit	−272 000	−10 000	571 000	−76 000
Financial Income	0	0	1 000	0
Financial Costs	57 000	67 000	86 000	62 000
Financial Balance	−57 000	−67 000	−85 000	−62 000
Earnings Before Tax	−329 000	−77 000	486 000	−138 000
Tax	0	−20 000	89 000	0
Net Income	−329 000	−56 000	397 000	−138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	795 000	1 238 000	2 055 000	1 687 000
Total Current Assets	113 000	428 000	1 531 000	263 000
Total Assets	908 000	1 667 000	3 586 000	1 950 000
Total Retained Equity	−314 000	215 000	271 000	−125 000
Total Equity	−284 000	245 000	301 000	−95 000
Total Long-Term Debt	891 000	1 096 000	1 862 000	1 570 000
Total Current Debt	301 000	325 000	1 423 000	475 000
Total Equity and Debt	908 000	1 667 000	3 586 000	1 950 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 746 000	2 812 000	3 701 000	3 236 000
Other Income	0	−179 000	158 000	0
Revenue	1 746 000	2 633 000	3 858 000	3 236 000
Cost of Goods Sold	424 000	441 000	773 000	1 155 000
Salary Costs	593 000	1 079 000	972 000	1 034 000
Depreciation	542 000	611 000	554 000	369 000
Impairment	0	26 000	0	0
Expenditure	2 017 000	2 642 000	3 286 000	3 311 000
Operating Profit	−272 000	−10 000	571 000	−76 000
Financial Income	0	0	1 000	0
Financial Costs	57 000	67 000	86 000	62 000
Financial Balance	−57 000	−67 000	−85 000	−62 000
Dividends	0	0	0	0
Net Income	−329 000	−56 000	397 000	−138 000

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	747 000	1 103 000	1 830 000	1 372 000
Fixtures	48 000	135 000	225 000	316 000
Total Tangible Assets	795 000	1 238 000	2 055 000	1 687 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	795 000	1 238 000	2 055 000	1 687 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 000	16 000	1 084 000	81 000
Total Current Assets	113 000	428 000	1 531 000	263 000
Total Assets	908 000	1 667 000	3 586 000	1 950 000
Total Equity	−284 000	245 000	301 000	−95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	891 000	1 096 000	1 862 000	1 570 000
Creditors	133 000	105 000	553 000	306 000
Unpaid Taxes	62 000	67 000	256 000	89 000
Dividends	0	0	0	0
Other Current Debt	107 000	153 000	525 000	80 000
Total Current Debt	301 000	325 000	1 423 000	475 000
Total Equity and Debt	908 000	1 667 000	3 586 000	1 950 000

Financial indicators	2022	2021	2020	2019
Return on Equity	115,85 %	−22,86 %	131,89 %	145,26 %
Debt-to-Equity Ratio	−3,14	4,47	6,19	−16,53
Operating Profit Margin	−15,58 %	−0,38 %	14,8 %	−2,35 %
Current Ratio	0,38	1,32	1,08	0,55
Quick Ratio	0,38	1,32	1,08	0,55
Equity Ratio	−0,31	0,15	0,08	−0,05
Gross Profit Margin	75,72 %	83,25 %	79,96 %	64,31 %