FORSYST AS

4886 GRIMSTAD

Finances

Share Ownership

Return on Equity

−81,1 %

Current Ratio

112

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	258 000	150 000	598 000
Net Income	−103 000	−128 000	329 000
Total Assets	128 000	238 000	440 000
Total Equity	127 000	231 000	359 000

Income (NOK)	2022	2021	2020
Revenue	258 000	150 000	598 000
Expenditure	361 000	276 000	176 000
Operating Profit	−103 000	−126 000	422 000
Financial Income	0	0	0
Financial Costs	0	3 000	0
Financial Balance	0	−3 000	0
Earnings Before Tax	−103 000	−128 000	422 000
Tax	0	0	93 000
Net Income	−103 000	−128 000	329 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	17 000	21 000	0
Total Current Assets	112 000	217 000	440 000
Total Assets	128 000	238 000	440 000
Total Retained Equity	97 000	201 000	329 000
Total Equity	127 000	231 000	359 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 000	7 000	80 000
Total Equity and Debt	128 000	238 000	440 000

Cash flow (NOK)	2022	2021	2020
Sales Income	58 000	150 000	500 000
Other Income	200 000	0	98 000
Revenue	258 000	150 000	598 000
Cost of Goods Sold	84 000	29 000	0
Salary Costs	120 000	40 000	0
Depreciation	4 000	5 000	0
Impairment	0	0	0
Expenditure	361 000	276 000	176 000
Operating Profit	−103 000	−126 000	422 000
Financial Income	0	0	0
Financial Costs	0	3 000	0
Financial Balance	0	−3 000	0
Dividends	0	0	0
Net Income	−103 000	−128 000	329 000

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	0	0	0
Fixtures	17 000	21 000	0
Total Tangible Assets	17 000	21 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	17 000	21 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	25 000	200 000	292 000
Total Current Assets	112 000	217 000	440 000
Total Assets	128 000	238 000	440 000
Total Equity	127 000	231 000	359 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	−9 000
Unpaid Taxes	0	4 000	0
Dividends	0	0	0
Other Current Debt	1 000	3 000	−3 000
Total Current Debt	1 000	7 000	80 000
Total Equity and Debt	128 000	238 000	440 000

Financial indicators	2022	2021	2020
Return on Equity	−81,1 %	−55,41 %	91,64 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−39,92 %	−84 %	70,57 %
Current Ratio	112	31	5,5
Quick Ratio	112	31	5,5
Equity Ratio	0,99	0,97	0,82
Gross Profit Margin	67,44 %	80,67 %	100 %