FONNS AS

4580 LYNGDAL

Finances

Return on Equity

31,97 %

Current Ratio

6,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	50 000	50 000	200 000
Net Income	47 000	26 000	50 000
Total Assets	167 000	135 000	67 000
Total Equity	147 000	101 000	74 000

Income (NOK)	2022	2021	2020
Revenue	50 000	50 000	200 000
Expenditure	3 000	2 000	136 000
Operating Profit	47 000	48 000	64 000
Financial Income	0	0	0
Financial Costs	0	14 000	0
Financial Balance	0	−14 000	0
Earnings Before Tax	47 000	34 000	64 000
Tax	0	7 000	14 000
Net Income	47 000	26 000	50 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	40 000	40 000	40 000
Total Current Assets	127 000	95 000	27 000
Total Assets	167 000	135 000	67 000
Total Retained Equity	117 000	76 000	50 000
Total Equity	147 000	101 000	74 000
Total Long-Term Debt	0	0	0
Total Current Debt	20 000	34 000	−8 000
Total Equity and Debt	167 000	135 000	67 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	50 000
Other Income	50 000	50 000	150 000
Revenue	50 000	50 000	200 000
Cost of Goods Sold	0	0	136 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	3 000	2 000	136 000
Operating Profit	47 000	48 000	64 000
Financial Income	0	0	0
Financial Costs	0	14 000	0
Financial Balance	0	−14 000	0
Dividends	0	0	0
Net Income	47 000	26 000	50 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	40 000	40 000	40 000
Total Fixed Assets	40 000	40 000	40 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	127 000	95 000	27 000
Total Current Assets	127 000	95 000	27 000
Total Assets	167 000	135 000	67 000
Total Equity	147 000	101 000	74 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	13 000	13 000	−22 000
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	20 000	34 000	−8 000
Total Equity and Debt	167 000	135 000	67 000

Financial indicators	2022	2021	2020
Return on Equity	31,97 %	25,74 %	67,57 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	94 %	96 %	32 %
Current Ratio	6,35	2,79	−3,38
Quick Ratio	6,35	2,79	−3,38
Equity Ratio	0,88	0,75	1,1
Gross Profit Margin	100 %	100 %	32 %