FOSSENS EFTF AS

1850 MYSEN

Finances

Share Ownership

Return on Equity

−0,41 %

Current Ratio

1,82

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 319 000	21 756 000	18 951 000	17 387 000
Net Income	−39 000	593 000	423 000	722 000
Total Assets	17 346 000	15 678 000	14 880 000	14 468 000
Total Equity	9 437 000	9 476 000	9 183 000	9 060 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 319 000	21 756 000	18 951 000	17 387 000
Expenditure	25 339 000	20 975 000	18 327 000	16 350 000
Operating Profit	−21 000	782 000	622 000	1 037 000
Financial Income	10 000	8 000	7 000	12 000
Financial Costs	38 000	29 000	16 000	110 000
Financial Balance	−28 000	−21 000	−9 000	−98 000
Earnings Before Tax	−50 000	761 000	613 000	939 000
Tax	−10 000	167 000	190 000	217 000
Net Income	−39 000	593 000	423 000	722 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 699 000	6 771 000	6 298 000	7 794 000
Total Current Assets	11 648 000	8 908 000	8 583 000	6 674 000
Total Assets	17 346 000	15 678 000	14 880 000	14 468 000
Total Retained Equity	8 987 000	9 026 000	8 733 000	8 610 000
Total Equity	9 437 000	9 476 000	9 183 000	9 060 000
Total Long-Term Debt	1 518 000	1 805 000	1 230 000	1 678 000
Total Current Debt	6 392 000	4 398 000	4 467 000	3 730 000
Total Equity and Debt	17 346 000	15 678 000	14 880 000	14 468 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 319 000	21 756 000	18 951 000	17 124 000
Other Income	0	0	0	263 000
Revenue	25 319 000	21 756 000	18 951 000	17 387 000
Cost of Goods Sold	8 387 000	7 876 000	7 337 000	5 545 000
Salary Costs	6 747 000	6 258 000	5 564 000	5 073 000
Depreciation	1 369 000	1 453 000	1 724 000	1 813 000
Impairment	0	0	0	0
Expenditure	25 339 000	20 975 000	18 327 000	16 350 000
Operating Profit	−21 000	782 000	622 000	1 037 000
Financial Income	10 000	8 000	7 000	12 000
Financial Costs	38 000	29 000	16 000	110 000
Financial Balance	−28 000	−21 000	−9 000	−98 000
Dividends	0	300 000	300 000	0
Net Income	−39 000	593 000	423 000	722 000

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	4 144 000	4 973 000	4 792 000	6 236 000
Fixtures	1 078 000	1 119 000	1 225 000	1 175 000
Total Tangible Assets	5 222 000	6 092 000	6 017 000	7 411 000
Total Fiancial Fixed Assets	477 000	679 000	281 000	383 000
Total Fixed Assets	5 699 000	6 771 000	6 298 000	7 794 000
Stock	1 602 000	1 704 000	1 681 000	1 204 000
Total Investments	0	0	0	0
Cash, Bank	4 099 000	3 739 000	3 383 000	2 536 000
Total Current Assets	11 648 000	8 908 000	8 583 000	6 674 000
Total Assets	17 346 000	15 678 000	14 880 000	14 468 000
Total Equity	9 437 000	9 476 000	9 183 000	9 060 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 518 000	1 805 000	1 230 000	1 678 000
Creditors	3 751 000	2 727 000	2 540 000	2 866 000
Unpaid Taxes	1 073 000	603 000	816 000	535 000
Dividends	0	300 000	300 000	0
Other Current Debt	1 443 000	561 000	510 000	70 000
Total Current Debt	6 392 000	4 398 000	4 467 000	3 730 000
Total Equity and Debt	17 346 000	15 678 000	14 880 000	14 468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,41 %	6,26 %	4,61 %	7,97 %
Debt-to-Equity Ratio	0,16	0,19	0,13	0,19
Operating Profit Margin	−0,08 %	3,59 %	3,28 %	5,96 %
Current Ratio	1,82	2,03	1,92	1,79
Quick Ratio	2,43	3,31	3,08	2,64
Equity Ratio	0,54	0,6	0,62	0,63
Gross Profit Margin	66,87 %	63,8 %	61,28 %	68,11 %