FORESTO AS

1414 TROLLÅSEN

Finances

Share Ownership

Return on Equity

509,38 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 865 000	1 351 000	1 989 000	915 000
Net Income	163 000	−33 000	247 000	35 000
Total Assets	605 000	346 000	736 000	337 000
Total Equity	32 000	39 000	72 000	65 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 865 000	1 351 000	1 989 000	915 000
Expenditure	1 662 000	1 383 000	1 682 000	870 000
Operating Profit	203 000	−31 000	307 000	45 000
Financial Income	0	1 000	0	0
Financial Costs	0	4 000	0	1 000
Financial Balance	0	−3 000	0	−1 000
Earnings Before Tax	203 000	−34 000	307 000	45 000
Tax	40 000	−1 000	59 000	10 000
Net Income	163 000	−33 000	247 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	24 000	32 000	42 000
Total Current Assets	589 000	322 000	705 000	296 000
Total Assets	605 000	346 000	736 000	337 000
Total Retained Equity	2 000	9 000	42 000	35 000
Total Equity	32 000	39 000	72 000	65 000
Total Long-Term Debt	0	0	1 000	2 000
Total Current Debt	574 000	308 000	663 000	271 000
Total Equity and Debt	605 000	346 000	736 000	337 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 865 000	1 351 000	1 989 000	915 000
Other Income	0	0	0	0
Revenue	1 865 000	1 351 000	1 989 000	915 000
Cost of Goods Sold	15 000	13 000	42 000	2 000
Salary Costs	1 445 000	1 179 000	1 428 000	754 000
Depreciation	8 000	8 000	6 000	4 000
Impairment	0	0	0	0
Expenditure	1 662 000	1 383 000	1 682 000	870 000
Operating Profit	203 000	−31 000	307 000	45 000
Financial Income	0	1 000	0	0
Financial Costs	0	4 000	0	1 000
Financial Balance	0	−3 000	0	−1 000
Dividends	170 000	0	240 000	0
Net Income	163 000	−33 000	247 000	35 000

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	16 000	24 000	32 000	42 000
Total Tangible Assets	16 000	24 000	32 000	42 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	24 000	32 000	42 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	568 000	209 000	650 000	240 000
Total Current Assets	589 000	322 000	705 000	296 000
Total Assets	605 000	346 000	736 000	337 000
Total Equity	32 000	39 000	72 000	65 000
Short-Term Group Debt	0	0	115 000	60 000
Total Long-Term Debt	0	0	1 000	2 000
Creditors	6 000	7 000	13 000	15 000
Unpaid Taxes	135 000	194 000	228 000	187 000
Dividends	170 000	0	240 000	0
Other Current Debt	231 000	107 000	0	0
Total Current Debt	574 000	308 000	663 000	271 000
Total Equity and Debt	605 000	346 000	736 000	337 000

Financial indicators	2022	2021	2020	2019
Return on Equity	509,38 %	−84,62 %	343,06 %	53,85 %
Debt-to-Equity Ratio	0	0	0,01	0,03
Operating Profit Margin	10,88 %	−2,29 %	15,43 %	4,92 %
Current Ratio	1,03	1,05	1,06	1,09
Quick Ratio	1,03	1,05	1,06	1,09
Equity Ratio	0,05	0,11	0,1	0,19
Gross Profit Margin	99,2 %	99,04 %	97,89 %	99,78 %