FET BIL AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

−16,02 %

Current Ratio

1,68

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 945 000	5 532 000	5 312 000	4 514 000
Net Income	−213 000	231 000	875 000	243 000
Total Assets	2 781 000	2 974 000	1 895 000	1 409 000
Total Equity	1 330 000	1 543 000	1 313 000	780 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 945 000	5 532 000	5 312 000	4 514 000
Expenditure	5 204 000	5 218 000	4 193 000	4 199 000
Operating Profit	−259 000	315 000	1 119 000	315 000
Financial Income	3 000	0	8 000	2 000
Financial Costs	17 000	18 000	5 000	6 000
Financial Balance	−14 000	−18 000	3 000	−4 000
Earnings Before Tax	−274 000	297 000	1 122 000	311 000
Tax	−60 000	66 000	246 000	69 000
Net Income	−213 000	231 000	875 000	243 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	807 000	685 000	692 000	314 000
Total Current Assets	1 974 000	2 289 000	1 203 000	1 095 000
Total Assets	2 781 000	2 974 000	1 895 000	1 409 000
Total Retained Equity	1 305 000	1 519 000	1 288 000	755 000
Total Equity	1 330 000	1 543 000	1 313 000	780 000
Total Long-Term Debt	279 000	414 000	45 000	3 000
Total Current Debt	1 172 000	1 017 000	537 000	625 000
Total Equity and Debt	2 781 000	2 974 000	1 895 000	1 409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 942 000	5 532 000	5 312 000	4 514 000
Other Income	3 000	0	0	0
Revenue	4 945 000	5 532 000	5 312 000	4 514 000
Cost of Goods Sold	1 140 000	1 392 000	1 403 000	1 083 000
Salary Costs	2 677 000	2 431 000	1 554 000	2 187 000
Depreciation	97 000	86 000	19 000	7 000
Impairment	0	0	0	0
Expenditure	5 204 000	5 218 000	4 193 000	4 199 000
Operating Profit	−259 000	315 000	1 119 000	315 000
Financial Income	3 000	0	8 000	2 000
Financial Costs	17 000	18 000	5 000	6 000
Financial Balance	−14 000	−18 000	3 000	−4 000
Dividends	0	0	0	0
Net Income	−213 000	231 000	875 000	243 000

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	541 000	610 000	679 000	0
Fixtures	260 000	69 000	7 000	14 000
Total Tangible Assets	800 000	678 000	685 000	14 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	300 000
Total Fixed Assets	807 000	685 000	692 000	314 000
Stock	341 000	253 000	95 000	75 000
Total Investments	0	0	0	0
Cash, Bank	493 000	1 181 000	792 000	440 000
Total Current Assets	1 974 000	2 289 000	1 203 000	1 095 000
Total Assets	2 781 000	2 974 000	1 895 000	1 409 000
Total Equity	1 330 000	1 543 000	1 313 000	780 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	279 000	414 000	45 000	3 000
Creditors	707 000	538 000	65 000	89 000
Unpaid Taxes	168 000	166 000	89 000	224 000
Dividends	0	0	0	0
Other Current Debt	297 000	284 000	179 000	245 000
Total Current Debt	1 172 000	1 017 000	537 000	625 000
Total Equity and Debt	2 781 000	2 974 000	1 895 000	1 409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,02 %	14,97 %	66,64 %	31,15 %
Debt-to-Equity Ratio	0,21	0,27	0,03	0
Operating Profit Margin	−5,24 %	5,69 %	21,07 %	6,98 %
Current Ratio	1,68	2,25	2,24	1,75
Quick Ratio	2,38	3	2,72	1,99
Equity Ratio	0,48	0,52	0,69	0,55
Gross Profit Margin	76,95 %	74,84 %	73,59 %	76,01 %