FOSEN MARITIME ENGINEERING AS

7100 RISSA

Finances

Share Ownership

Return on Equity

46,72 %

Current Ratio

4,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 775 000	1 760 000	1 119 000	123 000
Net Income	548 000	582 000	158 000	0
Total Assets	1 472 000	1 041 000	313 000	68 000
Total Equity	1 173 000	625 000	193 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 775 000	1 760 000	1 119 000	123 000
Expenditure	1 074 000	1 014 000	916 000	123 000
Operating Profit	701 000	746 000	202 000	0
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	702 000	746 000	203 000	0
Tax	155 000	164 000	45 000	0
Net Income	548 000	582 000	158 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 472 000	1 041 000	313 000	68 000
Total Assets	1 472 000	1 041 000	313 000	68 000
Total Retained Equity	1 143 000	595 000	163 000	5 000
Total Equity	1 173 000	625 000	193 000	35 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	299 000	416 000	120 000	33 000
Total Equity and Debt	1 472 000	1 041 000	313 000	68 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 775 000	1 760 000	1 119 000	123 000
Other Income	0	0	0	0
Revenue	1 775 000	1 760 000	1 119 000	123 000
Cost of Goods Sold	990 000	953 000	894 000	115 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 074 000	1 014 000	916 000	123 000
Operating Profit	701 000	746 000	202 000	0
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	150 000	0	0
Net Income	548 000	582 000	158 000	0

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	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 278 000	903 000	223 000	33 000
Total Current Assets	1 472 000	1 041 000	313 000	68 000
Total Assets	1 472 000	1 041 000	313 000	68 000
Total Equity	1 173 000	625 000	193 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	140 000	93 000	51 000	32 000
Unpaid Taxes	4 000	8 000	24 000	1 000
Dividends	0	150 000	0	0
Other Current Debt	0	150 000	0	0
Total Current Debt	299 000	416 000	120 000	33 000
Total Equity and Debt	1 472 000	1 041 000	313 000	68 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,72 %	93,12 %	81,87 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	39,49 %	42,39 %	18,05 %	0 %
Current Ratio	4,92	2,5	2,61	2,06
Quick Ratio	4,92	2,5	2,61	2,06
Equity Ratio	0,8	0,6	0,62	0,51
Gross Profit Margin	44,23 %	45,85 %	20,11 %	6,5 %