FOSS MEKANISKE VERKSTED AS

2360 RUDSHØGDA

Finances

Share Ownership

Return on Equity

49,46 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 817 000	24 326 000	18 287 000	0
Net Income	2 050 000	1 272 000	396 000	−4 000
Total Assets	11 810 000	10 155 000	5 931 000	26 000
Total Equity	4 145 000	2 311 000	2 428 000	26 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 817 000	24 326 000	18 287 000	0
Expenditure	31 193 000	22 696 000	17 804 000	6 000
Operating Profit	2 624 000	1 632 000	482 000	−6 000
Financial Income	6 000	1 000	8 000	0
Financial Costs	2 000	2 000	9 000	0
Financial Balance	4 000	−1 000	−1 000	0
Earnings Before Tax	2 628 000	1 630 000	481 000	−6 000
Tax	578 000	359 000	84 000	−1 000
Net Income	2 050 000	1 272 000	396 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	378 000	597 000	926 000	1 000
Total Current Assets	11 432 000	9 558 000	5 005 000	24 000
Total Assets	11 810 000	10 155 000	5 931 000	26 000
Total Retained Equity	1 914 000	80 000	198 000	−4 000
Total Equity	4 145 000	2 311 000	2 428 000	26 000
Total Long-Term Debt	2 106 000	870 000	0	0
Total Current Debt	5 559 000	6 974 000	3 503 000	0
Total Equity and Debt	11 810 000	10 155 000	5 931 000	26 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 759 000	24 278 000	18 188 000	0
Other Income	58 000	48 000	99 000	0
Revenue	33 817 000	24 326 000	18 287 000	0
Cost of Goods Sold	10 319 000	5 760 000	6 219 000	0
Salary Costs	9 970 000	8 660 000	6 090 000	0
Depreciation	221 000	217 000	200 000	0
Impairment	0	0	0	0
Expenditure	31 193 000	22 696 000	17 804 000	6 000
Operating Profit	2 624 000	1 632 000	482 000	−6 000
Financial Income	6 000	1 000	8 000	0
Financial Costs	2 000	2 000	9 000	0
Financial Balance	4 000	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	2 050 000	1 272 000	396 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	68 000	47 000	1 000
Real Eastate	156 000	178 000	178 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	164 000	351 000	339 000	0
Total Tangible Assets	320 000	529 000	518 000	0
Total Fiancial Fixed Assets	0	0	362 000	0
Total Fixed Assets	378 000	597 000	926 000	1 000
Stock	6 110 000	5 539 000	1 912 000	0
Total Investments	0	0	0	0
Cash, Bank	1 901 000	1 085 000	567 000	24 000
Total Current Assets	11 432 000	9 558 000	5 005 000	24 000
Total Assets	11 810 000	10 155 000	5 931 000	26 000
Total Equity	4 145 000	2 311 000	2 428 000	26 000
Short-Term Group Debt	276 000	1 781 000	325 000	0
Total Long-Term Debt	2 106 000	870 000	0	0
Creditors	1 396 000	1 635 000	1 462 000	0
Unpaid Taxes	1 124 000	871 000	699 000	0
Dividends	0	0	0	0
Other Current Debt	2 243 000	2 687 000	1 017 000	0
Total Current Debt	5 559 000	6 974 000	3 503 000	0
Total Equity and Debt	11 810 000	10 155 000	5 931 000	26 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,46 %	55,04 %	16,31 %	−15,38 %
Debt-to-Equity Ratio	0,51	0,38	0	0
Operating Profit Margin	7,76 %	6,71 %	2,64 %	-
Current Ratio	2,06	1,37	1,43	-
Quick Ratio	−20,75	6,66	3,15	-
Equity Ratio	0,35	0,23	0,41	1
Gross Profit Margin	69,49 %	76,32 %	65,99 %	-