FUSALP NORWAY AS

0250 OSLO

Finances

Share Ownership

Return on Equity

31,1 %

Current Ratio

1,11

Debt-to-Equity Ratio

−1,27

Key figures (NOK)	2022	2021	2020
Revenue	4 276 000	2 744 000	720 000
Net Income	−1 852 000	−2 409 000	−1 725 000
Total Assets	4 893 000	4 542 000	4 110 000
Total Equity	−5 955 000	−4 103 000	−1 695 000

Income (NOK)	2022	2021	2020
Revenue	4 276 000	2 744 000	720 000
Expenditure	6 277 000	5 127 000	2 422 000
Operating Profit	−2 001 000	−2 382 000	−1 702 000
Financial Income	225 000	0	0
Financial Costs	75 000	27 000	23 000
Financial Balance	150 000	−27 000	−23 000
Earnings Before Tax	−1 852 000	−2 409 000	−1 725 000
Tax	0	0	0
Net Income	−1 852 000	−2 409 000	−1 725 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 262 000	1 475 000	1 410 000
Total Current Assets	3 631 000	3 067 000	2 700 000
Total Assets	4 893 000	4 542 000	4 110 000
Total Retained Equity	−5 985 000	−4 133 000	−1 725 000
Total Equity	−5 955 000	−4 103 000	−1 695 000
Total Long-Term Debt	7 586 000	3 571 000	2 685 000
Total Current Debt	3 263 000	5 075 000	3 120 000
Total Equity and Debt	4 893 000	4 542 000	4 110 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 276 000	2 744 000	720 000
Other Income	0	0	0
Revenue	4 276 000	2 744 000	720 000
Cost of Goods Sold	1 875 000	1 444 000	487 000
Salary Costs	1 806 000	1 441 000	343 000
Depreciation	358 000	297 000	34 000
Impairment	0	0	0
Expenditure	6 277 000	5 127 000	2 422 000
Operating Profit	−2 001 000	−2 382 000	−1 702 000
Financial Income	225 000	0	0
Financial Costs	75 000	27 000	23 000
Financial Balance	150 000	−27 000	−23 000
Dividends	0	0	0
Net Income	−1 852 000	−2 409 000	−1 725 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	715 000	887 000	1 117 000
Machinery and Plant Facilities	0	0	0
Fixtures	241 000	282 000	293 000
Total Tangible Assets	956 000	1 169 000	1 410 000
Total Fiancial Fixed Assets	306 000	306 000	0
Total Fixed Assets	1 262 000	1 475 000	1 410 000
Stock	2 053 000	1 507 000	681 000
Total Investments	0	0	0
Cash, Bank	1 464 000	279 000	53 000
Total Current Assets	3 631 000	3 067 000	2 700 000
Total Assets	4 893 000	4 542 000	4 110 000
Total Equity	−5 955 000	−4 103 000	−1 695 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	7 586 000	3 571 000	2 685 000
Creditors	2 543 000	4 743 000	2 509 000
Unpaid Taxes	129 000	48 000	26 000
Dividends	0	0	0
Other Current Debt	590 000	284 000	585 000
Total Current Debt	3 263 000	5 075 000	3 120 000
Total Equity and Debt	4 893 000	4 542 000	4 110 000

Financial indicators	2022	2021	2020
Return on Equity	31,1 %	58,71 %	101,77 %
Debt-to-Equity Ratio	−1,27	−0,87	−1,58
Operating Profit Margin	−46,8 %	−86,81 %	−236,39 %
Current Ratio	1,11	0,6	0,87
Quick Ratio	3	0,86	1,11
Equity Ratio	−1,22	−0,9	−0,41
Gross Profit Margin	56,15 %	47,38 %	32,36 %