FOSEN VEKST AS

7170 ÅFJORD

Finances

Share Ownership

Return on Equity

16,82 %

Current Ratio

2,88

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 954 000	16 569 000	15 588 000	15 198 000
Net Income	1 015 000	638 000	837 000	359 000
Total Assets	10 851 000	10 306 000	9 416 000	6 767 000
Total Equity	6 036 000	5 021 000	4 383 000	3 546 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 954 000	16 569 000	15 588 000	15 198 000
Expenditure	15 978 000	15 969 000	14 786 000	14 751 000
Operating Profit	976 000	600 000	803 000	448 000
Financial Income	46 000	38 000	34 000	32 000
Financial Costs	7 000	0	0	120 000
Financial Balance	39 000	38 000	34 000	−88 000
Earnings Before Tax	1 015 000	638 000	837 000	359 000
Tax	0	0	0	0
Net Income	1 015 000	638 000	837 000	359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	833 000	921 000	1 101 000	1 904 000
Total Current Assets	10 018 000	9 386 000	8 314 000	4 864 000
Total Assets	10 851 000	10 306 000	9 416 000	6 767 000
Total Retained Equity	3 536 000	2 521 000	1 883 000	1 046 000
Total Equity	6 036 000	5 021 000	4 383 000	3 546 000
Total Long-Term Debt	1 340 000	1 500 000	1 500 000	1 500 000
Total Current Debt	3 475 000	3 785 000	3 533 000	1 721 000
Total Equity and Debt	10 851 000	10 306 000	9 416 000	6 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 685 000	8 788 000	7 520 000	7 303 000
Other Income	7 269 000	7 781 000	8 069 000	7 895 000
Revenue	16 954 000	16 569 000	15 588 000	15 198 000
Cost of Goods Sold	4 285 000	3 798 000	3 267 000	3 058 000
Salary Costs	8 317 000	8 555 000	7 969 000	7 978 000
Depreciation	220 000	225 000	843 000	940 000
Impairment	0	0	0	0
Expenditure	15 978 000	15 969 000	14 786 000	14 751 000
Operating Profit	976 000	600 000	803 000	448 000
Financial Income	46 000	38 000	34 000	32 000
Financial Costs	7 000	0	0	120 000
Financial Balance	39 000	38 000	34 000	−88 000
Dividends	0	0	0	0
Net Income	1 015 000	638 000	837 000	359 000

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	0	0	0	0
Fixtures	753 000	609 000	790 000	1 592 000
Total Tangible Assets	753 000	609 000	790 000	1 592 000
Total Fiancial Fixed Assets	80 000	311 000	311 000	311 000
Total Fixed Assets	833 000	921 000	1 101 000	1 904 000
Stock	1 880 000	1 632 000	1 551 000	1 312 000
Total Investments	0	0	0	0
Cash, Bank	4 906 000	4 492 000	3 768 000	304 000
Total Current Assets	10 018 000	9 386 000	8 314 000	4 864 000
Total Assets	10 851 000	10 306 000	9 416 000	6 767 000
Total Equity	6 036 000	5 021 000	4 383 000	3 546 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 340 000	1 500 000	1 500 000	1 500 000
Creditors	495 000	710 000	478 000	292 000
Unpaid Taxes	106 000	294 000	231 000	260 000
Dividends	0	0	0	0
Other Current Debt	2 874 000	2 781 000	2 823 000	2 580 000
Total Current Debt	3 475 000	3 785 000	3 533 000	1 721 000
Total Equity and Debt	10 851 000	10 306 000	9 416 000	6 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,82 %	12,71 %	19,1 %	10,12 %
Debt-to-Equity Ratio	0,22	0,3	0,34	0,42
Operating Profit Margin	5,76 %	3,62 %	5,15 %	2,95 %
Current Ratio	2,88	2,48	2,35	2,83
Quick Ratio	6,28	4,36	4,19	11,89
Equity Ratio	0,56	0,49	0,47	0,52
Gross Profit Margin	74,73 %	77,08 %	79,04 %	79,88 %