FOSEN VARMEPUMPESENTER AS

7100 RISSA

Finances

Share Ownership

Return on Equity

−8,7 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 051 000	3 883 000	2 975 000	3 485 000
Net Income	−28 000	−16 000	289 000	107 000
Total Assets	868 000	662 000	713 000	527 000
Total Equity	322 000	351 000	367 000	−316 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 051 000	3 883 000	2 975 000	3 485 000
Expenditure	5 082 000	3 897 000	2 681 000	3 364 000
Operating Profit	−30 000	−15 000	295 000	120 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	0	2 000	6 000	14 000
Financial Balance	2 000	−1 000	−6 000	−13 000
Earnings Before Tax	−28 000	−16 000	289 000	107 000
Tax	0	0	0	0
Net Income	−28 000	−16 000	289 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	80 000	109 000	74 000
Total Current Assets	818 000	582 000	605 000	453 000
Total Assets	868 000	662 000	713 000	527 000
Total Retained Equity	−271 000	−243 000	−227 000	−516 000
Total Equity	322 000	351 000	367 000	−316 000
Total Long-Term Debt	49 000	53 000	111 000	147 000
Total Current Debt	497 000	258 000	235 000	696 000
Total Equity and Debt	868 000	662 000	713 000	527 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 988 000	3 811 000	2 975 000	3 485 000
Other Income	63 000	72 000	0	0
Revenue	5 051 000	3 883 000	2 975 000	3 485 000
Cost of Goods Sold	2 511 000	2 321 000	1 620 000	1 816 000
Salary Costs	1 636 000	895 000	657 000	1 117 000
Depreciation	29 000	29 000	28 000	8 000
Impairment	0	0	0	0
Expenditure	5 082 000	3 897 000	2 681 000	3 364 000
Operating Profit	−30 000	−15 000	295 000	120 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	0	2 000	6 000	14 000
Financial Balance	2 000	−1 000	−6 000	−13 000
Dividends	0	0	0	0
Net Income	−28 000	−16 000	289 000	107 000

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	51 000	80 000	109 000	74 000
Fixtures	0	0	0	0
Total Tangible Assets	51 000	80 000	109 000	74 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	51 000	80 000	109 000	74 000
Stock	146 000	101 000	71 000	36 000
Total Investments	0	0	0	0
Cash, Bank	252 000	141 000	201 000	61 000
Total Current Assets	818 000	582 000	605 000	453 000
Total Assets	868 000	662 000	713 000	527 000
Total Equity	322 000	351 000	367 000	−316 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	49 000	53 000	111 000	147 000
Creditors	185 000	33 000	39 000	65 000
Unpaid Taxes	167 000	147 000	136 000	145 000
Dividends	0	0	0	0
Other Current Debt	145 000	78 000	60 000	486 000
Total Current Debt	497 000	258 000	235 000	696 000
Total Equity and Debt	868 000	662 000	713 000	527 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,7 %	−4,56 %	78,75 %	−33,86 %
Debt-to-Equity Ratio	0,15	0,15	0,3	−0,47
Operating Profit Margin	−0,59 %	−0,39 %	9,92 %	3,44 %
Current Ratio	1,65	2,26	2,57	0,65
Quick Ratio	2,33	3,71	3,69	0,69
Equity Ratio	0,37	0,53	0,51	−0,6
Gross Profit Margin	50,29 %	40,23 %	45,55 %	47,89 %