FOSSUM IT AS

4327 SANDNES

Finances

Share Ownership

Return on Equity

72,34 %

Current Ratio

2,67

Debt-to-Equity Ratio

−0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 739 000	2 279 000	1 737 000	50 000
Net Income	523 000	531 000	501 000	−132 000
Total Assets	1 075 000	920 000	917 000	155 000
Total Equity	723 000	200 000	200 000	68 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 739 000	2 279 000	1 737 000	50 000
Expenditure	2 067 000	1 745 000	1 234 000	182 000
Operating Profit	672 000	535 000	502 000	−132 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	4 000	1 000	0
Financial Balance	−1 000	−4 000	−1 000	0
Earnings Before Tax	670 000	531 000	501 000	−132 000
Tax	147 000	0	0	0
Net Income	523 000	531 000	501 000	−132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	5 000	0	0
Total Current Assets	1 075 000	915 000	917 000	155 000
Total Assets	1 075 000	920 000	917 000	155 000
Total Retained Equity	523 000	0	0	−132 000
Total Equity	723 000	200 000	200 000	68 000
Total Long-Term Debt	−50 000	481 000	369 000	0
Total Current Debt	402 000	239 000	348 000	87 000
Total Equity and Debt	1 075 000	920 000	917 000	155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 739 000	2 279 000	1 737 000	50 000
Other Income	0	0	0	0
Revenue	2 739 000	2 279 000	1 737 000	50 000
Cost of Goods Sold	453 000	72 000	38 000	0
Salary Costs	993 000	941 000	967 000	140 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 067 000	1 745 000	1 234 000	182 000
Operating Profit	672 000	535 000	502 000	−132 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	4 000	1 000	0
Financial Balance	−1 000	−4 000	−1 000	0
Dividends	0	0	0	0
Net Income	523 000	531 000	501 000	−132 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	5 000	0	0
Total Fixed Assets	0	5 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	802 000	738 000	675 000	148 000
Total Current Assets	1 075 000	915 000	917 000	155 000
Total Assets	1 075 000	920 000	917 000	155 000
Total Equity	723 000	200 000	200 000	68 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−50 000	481 000	369 000	0
Creditors	22 000	46 000	9 000	14 000
Unpaid Taxes	142 000	116 000	222 000	43 000
Dividends	0	0	0	0
Other Current Debt	91 000	77 000	117 000	30 000
Total Current Debt	402 000	239 000	348 000	87 000
Total Equity and Debt	1 075 000	920 000	917 000	155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,34 %	265,5 %	250,5 %	−194,12 %
Debt-to-Equity Ratio	−0,07	2,41	1,85	0
Operating Profit Margin	24,53 %	23,48 %	28,9 %	−264 %
Current Ratio	2,67	3,83	2,64	1,78
Quick Ratio	2,67	3,83	2,64	1,78
Equity Ratio	0,67	0,22	0,22	0,44
Gross Profit Margin	83,46 %	96,84 %	97,81 %	100 %