GO-FESK AS

7633 FROSTA

Finances

Return on Equity

14,8 %

Current Ratio

0,03

Debt-to-Equity Ratio

−0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	374 000	550 000	508 000	748 000
Net Income	−66 000	−38 000	−177 000	−131 000
Total Assets	245 000	133 000	438 000	914 000
Total Equity	−446 000	−380 000	−342 000	−165 000

Income (NOK)	2022	2021	2020	2019
Revenue	374 000	550 000	508 000	748 000
Expenditure	409 000	555 000	674 000	845 000
Operating Profit	−35 000	−5 000	−166 000	−97 000
Financial Income	2 000	3 000	0	0
Financial Costs	52 000	46 000	61 000	71 000
Financial Balance	−50 000	−43 000	−61 000	−71 000
Earnings Before Tax	−85 000	−48 000	−227 000	−168 000
Tax	−19 000	−11 000	−50 000	−37 000
Net Income	−66 000	−38 000	−177 000	−131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	234 000	237 000	327 000	751 000
Total Current Assets	11 000	−105 000	111 000	164 000
Total Assets	245 000	133 000	438 000	914 000
Total Retained Equity	−468 000	−402 000	−365 000	−188 000
Total Equity	−446 000	−380 000	−342 000	−165 000
Total Long-Term Debt	372 000	457 000	704 000	882 000
Total Current Debt	319 000	56 000	77 000	198 000
Total Equity and Debt	245 000	133 000	438 000	914 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	374 000	361 000	458 000	690 000
Other Income	0	189 000	50 000	58 000
Revenue	374 000	550 000	508 000	748 000
Cost of Goods Sold	203 000	199 000	261 000	372 000
Salary Costs	0	0	0	2 000
Depreciation	52 000	152 000	177 000	204 000
Impairment	0	0	0	0
Expenditure	409 000	555 000	674 000	845 000
Operating Profit	−35 000	−5 000	−166 000	−97 000
Financial Income	2 000	3 000	0	0
Financial Costs	52 000	46 000	61 000	71 000
Financial Balance	−50 000	−43 000	−61 000	−71 000
Dividends	0	0	0	0
Net Income	−66 000	−38 000	−177 000	−131 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	134 000	115 000	104 000	55 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	20 000	38 000	103 000	226 000
Fixtures	50 000	85 000	120 000	470 000
Total Tangible Assets	70 000	122 000	222 000	696 000
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	234 000	237 000	327 000	751 000
Stock	0	12 000	12 000	26 000
Total Investments	0	0	0	0
Cash, Bank	1 000	−119 000	96 000	2 000
Total Current Assets	11 000	−105 000	111 000	164 000
Total Assets	245 000	133 000	438 000	914 000
Total Equity	−446 000	−380 000	−342 000	−165 000
Short-Term Group Debt	30 000	0	0	0
Total Long-Term Debt	372 000	457 000	704 000	882 000
Creditors	14 000	31 000	29 000	107 000
Unpaid Taxes	5 000	1 000	1 000	18 000
Dividends	0	0	0	0
Other Current Debt	84 000	24 000	46 000	45 000
Total Current Debt	319 000	56 000	77 000	198 000
Total Equity and Debt	245 000	133 000	438 000	914 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,8 %	10 %	51,75 %	79,39 %
Debt-to-Equity Ratio	−0,83	−1,2	−2,06	−5,35
Operating Profit Margin	−9,36 %	−0,91 %	−32,68 %	−12,97 %
Current Ratio	0,03	−1,88	1,44	0,83
Quick Ratio	0,03	−2,39	1,71	0,95
Equity Ratio	−1,82	−2,86	−0,78	−0,18
Gross Profit Margin	45,72 %	63,82 %	48,62 %	50,27 %