FUGLSTAD MASKIN AS

8610 MO I RANA

Finances

Share Ownership

Return on Equity

36,89 %

Current Ratio

0,95

Debt-to-Equity Ratio

1,5

Key figures (NOK)	2022	2021	2020
Revenue	1 026 000	664 000	363 000
Net Income	166 000	333 000	−78 000
Total Assets	1 685 000	817 000	39 000
Total Equity	450 000	285 000	−48 000

Income (NOK)	2022	2021	2020
Revenue	1 026 000	664 000	363 000
Expenditure	801 000	260 000	438 000
Operating Profit	224 000	405 000	−76 000
Financial Income	0	0	0
Financial Costs	12 000	1 000	2 000
Financial Balance	−12 000	−1 000	−2 000
Earnings Before Tax	212 000	405 000	−78 000
Tax	47 000	72 000	0
Net Income	166 000	333 000	−78 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 154 000	665 000	0
Total Current Assets	531 000	152 000	39 000
Total Assets	1 685 000	817 000	39 000
Total Retained Equity	420 000	255 000	−78 000
Total Equity	450 000	285 000	−48 000
Total Long-Term Debt	676 000	328 000	0
Total Current Debt	559 000	204 000	87 000
Total Equity and Debt	1 685 000	817 000	39 000

Cash flow (NOK)	2022	2021	2020
Sales Income	7 000	3 000	18 000
Other Income	1 019 000	661 000	345 000
Revenue	1 026 000	664 000	363 000
Cost of Goods Sold	404 000	49 000	12 000
Salary Costs	−3 000	0	315 000
Depreciation	76 000	6 000	0
Impairment	0	0	0
Expenditure	801 000	260 000	438 000
Operating Profit	224 000	405 000	−76 000
Financial Income	0	0	0
Financial Costs	12 000	1 000	2 000
Financial Balance	−12 000	−1 000	−2 000
Dividends	0	0	0
Net Income	166 000	333 000	−78 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	1 154 000	665 000	0
Fixtures	0	0	0
Total Tangible Assets	1 154 000	665 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 154 000	665 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	481 000	147 000	38 000
Total Current Assets	531 000	152 000	39 000
Total Assets	1 685 000	817 000	39 000
Total Equity	450 000	285 000	−48 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	676 000	328 000	0
Creditors	136 000	151 000	31 000
Unpaid Taxes	11 000	9 000	48 000
Dividends	0	0	0
Other Current Debt	402 000	0	8 000
Total Current Debt	559 000	204 000	87 000
Total Equity and Debt	1 685 000	817 000	39 000

Financial indicators	2022	2021	2020
Return on Equity	36,89 %	116,84 %	162,5 %
Debt-to-Equity Ratio	1,5	1,15	−0
Operating Profit Margin	21,83 %	60,99 %	−20,94 %
Current Ratio	0,95	0,75	0,45
Quick Ratio	0,95	0,75	0,45
Equity Ratio	0,27	0,35	−1,23
Gross Profit Margin	60,62 %	92,62 %	96,69 %