FOSEN VEVGARN AS

7167 VALLERSUND

Finances

Share Ownership

Return on Equity

210,77 %

Current Ratio

3,31

Debt-to-Equity Ratio

4,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	582 000	504 000	413 000	235 000
Net Income	137 000	−116 000	29 000	32 000
Total Assets	540 000	418 000	271 000	181 000
Total Equity	65 000	−71 000	45 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	582 000	504 000	413 000	235 000
Expenditure	435 000	610 000	375 000	192 000
Operating Profit	146 000	−106 000	38 000	43 000
Financial Income	0	0	0	0
Financial Costs	3 000	5 000	8 000	10 000
Financial Balance	−3 000	−5 000	−8 000	−10 000
Earnings Before Tax	144 000	−111 000	29 000	32 000
Tax	7 000	4 000	0	0
Net Income	137 000	−116 000	29 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	540 000	418 000	271 000	181 000
Total Assets	540 000	418 000	271 000	181 000
Total Retained Equity	35 000	−96 000	20 000	−9 000
Total Equity	65 000	−71 000	45 000	15 000
Total Long-Term Debt	312 000	357 000	99 000	138 000
Total Current Debt	163 000	132 000	128 000	28 000
Total Equity and Debt	540 000	418 000	271 000	181 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	582 000	504 000	413 000	235 000
Other Income	0	0	0	0
Revenue	582 000	504 000	413 000	235 000
Cost of Goods Sold	310 000	329 000	301 000	135 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	435 000	610 000	375 000	192 000
Operating Profit	146 000	−106 000	38 000	43 000
Financial Income	0	0	0	0
Financial Costs	3 000	5 000	8 000	10 000
Financial Balance	−3 000	−5 000	−8 000	−10 000
Dividends	0	0	0	0
Net Income	137 000	−116 000	29 000	32 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	506 000	394 000	257 000	172 000
Total Investments	0	0	0	0
Cash, Bank	20 000	19 000	4 000	8 000
Total Current Assets	540 000	418 000	271 000	181 000
Total Assets	540 000	418 000	271 000	181 000
Total Equity	65 000	−71 000	45 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	312 000	357 000	99 000	138 000
Creditors	9 000	8 000	8 000	8 000
Unpaid Taxes	3 000	10 000	5 000	2 000
Dividends	0	0	0	0
Other Current Debt	144 000	115 000	114 000	18 000
Total Current Debt	163 000	132 000	128 000	28 000
Total Equity and Debt	540 000	418 000	271 000	181 000

Financial indicators	2022	2021	2020	2019
Return on Equity	210,77 %	163,38 %	64,44 %	213,33 %
Debt-to-Equity Ratio	4,8	−5,03	2,2	9,2
Operating Profit Margin	25,09 %	−21,03 %	9,2 %	18,3 %
Current Ratio	3,31	3,17	2,12	6,46
Quick Ratio	−1,57	−1,6	−2,1	−1,26
Equity Ratio	0,12	−0,17	0,17	0,08
Gross Profit Margin	46,74 %	34,72 %	27,12 %	42,55 %