FULSAAS & LØKSETH AS

3628 VEGGLI

Finances

Return on Equity

113,41 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 061 000	12 339 000	4 737 000	3 638 000
Net Income	761 000	−267 000	−67 000	185 000
Total Assets	3 699 000	2 810 000	1 313 000	1 068 000
Total Equity	671 000	−89 000	178 000	245 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 061 000	12 339 000	4 737 000	3 638 000
Expenditure	14 063 000	12 650 000	4 797 000	3 384 000
Operating Profit	998 000	−311 000	−60 000	255 000
Financial Income	5 000	0	0	0
Financial Costs	27 000	31 000	26 000	18 000
Financial Balance	−22 000	−31 000	−26 000	−18 000
Earnings Before Tax	975 000	−342 000	−86 000	237 000
Tax	215 000	−75 000	−19 000	52 000
Net Income	761 000	−267 000	−67 000	185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	936 000	655 000	111 000	73 000
Total Current Assets	2 763 000	2 155 000	1 202 000	995 000
Total Assets	3 699 000	2 810 000	1 313 000	1 068 000
Total Retained Equity	611 000	−149 000	118 000	185 000
Total Equity	671 000	−89 000	178 000	245 000
Total Long-Term Debt	553 000	163 000	230 000	127 000
Total Current Debt	2 474 000	2 737 000	906 000	696 000
Total Equity and Debt	3 699 000	2 810 000	1 313 000	1 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 061 000	12 339 000	4 735 000	3 638 000
Other Income	0	0	2 000	0
Revenue	15 061 000	12 339 000	4 737 000	3 638 000
Cost of Goods Sold	9 341 000	8 555 000	2 052 000	2 071 000
Salary Costs	3 089 000	2 743 000	1 373 000	722 000
Depreciation	63 000	29 000	21 000	12 000
Impairment	0	0	0	0
Expenditure	14 063 000	12 650 000	4 797 000	3 384 000
Operating Profit	998 000	−311 000	−60 000	255 000
Financial Income	5 000	0	0	0
Financial Costs	27 000	31 000	26 000	18 000
Financial Balance	−22 000	−31 000	−26 000	−18 000
Dividends	0	0	0	0
Net Income	761 000	−267 000	−67 000	185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	73 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	17 000	23 000	29 000	0
Fixtures	401 000	59 000	82 000	73 000
Total Tangible Assets	418 000	82 000	111 000	73 000
Total Fiancial Fixed Assets	518 000	500 000	0	0
Total Fixed Assets	936 000	655 000	111 000	73 000
Stock	0	137 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 488 000	1 126 000	1 181 000	535 000
Total Current Assets	2 763 000	2 155 000	1 202 000	995 000
Total Assets	3 699 000	2 810 000	1 313 000	1 068 000
Total Equity	671 000	−89 000	178 000	245 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	553 000	163 000	230 000	127 000
Creditors	972 000	745 000	273 000	521 000
Unpaid Taxes	586 000	397 000	302 000	58 000
Dividends	0	0	0	0
Other Current Debt	861 000	1 595 000	330 000	67 000
Total Current Debt	2 474 000	2 737 000	906 000	696 000
Total Equity and Debt	3 699 000	2 810 000	1 313 000	1 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	113,41 %	300 %	−37,64 %	75,51 %
Debt-to-Equity Ratio	0,82	−1,83	1,29	0,52
Operating Profit Margin	6,63 %	−2,52 %	−1,27 %	7,01 %
Current Ratio	1,12	0,79	1,33	1,43
Quick Ratio	1,12	0,83	1,33	1,43
Equity Ratio	0,18	−0,03	0,14	0,23
Gross Profit Margin	37,98 %	30,67 %	56,68 %	43,07 %