ING. FURUSETH AS

0358 OSLO

Finances

Share Ownership

Return on Equity

−8,12 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 193 000	2 254 000	1 935 000	2 318 000
Net Income	−19 000	60 000	−56 000	91 000
Total Assets	826 000	621 000	528 000	636 000
Total Equity	234 000	252 000	193 000	248 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 193 000	2 254 000	1 935 000	2 318 000
Expenditure	2 212 000	2 178 000	2 006 000	2 202 000
Operating Profit	−19 000	77 000	−71 000	116 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−19 000	77 000	−71 000	116 000
Tax	0	17 000	−16 000	26 000
Net Income	−19 000	60 000	−56 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	24 000	44 000	4 000
Total Current Assets	811 000	598 000	484 000	632 000
Total Assets	826 000	621 000	528 000	636 000
Total Retained Equity	134 000	152 000	93 000	148 000
Total Equity	234 000	252 000	193 000	248 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	592 000	369 000	336 000	388 000
Total Equity and Debt	826 000	621 000	528 000	636 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 193 000	2 254 000	1 935 000	2 318 000
Other Income	0	0	0	0
Revenue	2 193 000	2 254 000	1 935 000	2 318 000
Cost of Goods Sold	1 215 000	1 337 000	1 168 000	1 326 000
Salary Costs	641 000	492 000	493 000	548 000
Depreciation	4 000	5 000	6 000	0
Impairment	0	0	0	0
Expenditure	2 212 000	2 178 000	2 006 000	2 202 000
Operating Profit	−19 000	77 000	−71 000	116 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−19 000	60 000	−56 000	91 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	20 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	19 000	24 000	0
Total Tangible Assets	15 000	19 000	24 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	24 000	44 000	4 000
Stock	222 000	200 000	169 000	174 000
Total Investments	0	0	0	0
Cash, Bank	75 000	97 000	130 000	172 000
Total Current Assets	811 000	598 000	484 000	632 000
Total Assets	826 000	621 000	528 000	636 000
Total Equity	234 000	252 000	193 000	248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	431 000	144 000	198 000	273 000
Unpaid Taxes	50 000	79 000	67 000	34 000
Dividends	0	0	0	0
Other Current Debt	111 000	145 000	71 000	79 000
Total Current Debt	592 000	369 000	336 000	388 000
Total Equity and Debt	826 000	621 000	528 000	636 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,12 %	23,81 %	−29,02 %	36,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,87 %	3,42 %	−3,67 %	5 %
Current Ratio	1,37	1,62	1,44	1,63
Quick Ratio	2,19	3,54	2,9	2,95
Equity Ratio	0,28	0,41	0,37	0,39
Gross Profit Margin	44,6 %	40,68 %	39,64 %	42,8 %