FOSSENGET MASSEUTTAK AS

7940 OTTERSØY

Finances

Share Ownership

Return on Equity

27,69 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	155 000	0	0	0
Net Income	67 000	−56 000	−56 000	−46 000
Total Assets	242 000	262 000	317 000	468 000
Total Equity	242 000	175 000	231 000	287 000

Income (NOK)	2022	2021	2020	2019
Revenue	155 000	0	0	0
Expenditure	88 000	56 000	56 000	47 000
Operating Profit	67 000	−56 000	−56 000	−47 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	67 000	−56 000	−56 000	−46 000
Tax	0	0	0	0
Net Income	67 000	−56 000	−56 000	−46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 000	122 000	144 000	87 000
Total Current Assets	181 000	140 000	173 000	382 000
Total Assets	242 000	262 000	317 000	468 000
Total Retained Equity	−110 000	−177 000	−121 000	−65 000
Total Equity	242 000	175 000	231 000	287 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	0	87 000	87 000	181 000
Total Equity and Debt	242 000	262 000	317 000	468 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 000	0	0	0
Other Income	86 000	0	0	0
Revenue	155 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	12 000	22 000	14 000	0
Impairment	0	0	0	0
Expenditure	88 000	56 000	56 000	47 000
Operating Profit	67 000	−56 000	−56 000	−47 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	67 000	−56 000	−56 000	−46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	61 000	69 000	76 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	54 000	68 000	87 000
Total Tangible Assets	61 000	122 000	144 000	87 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	61 000	122 000	144 000	87 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	168 000	140 000	173 000	382 000
Total Current Assets	181 000	140 000	173 000	382 000
Total Assets	242 000	262 000	317 000	468 000
Total Equity	242 000	175 000	231 000	287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	95 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	87 000	87 000	87 000
Total Current Debt	0	87 000	87 000	181 000
Total Equity and Debt	242 000	262 000	317 000	468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,69 %	−32 %	−24,24 %	−16,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	43,23 %	-	-	-
Current Ratio	-	1,61	1,99	2,11
Quick Ratio	-	1,61	1,99	2,11
Equity Ratio	1	0,67	0,73	0,61
Gross Profit Margin	100 %	-	-	-