FOSSHEIM ENERGIVERK AS

5058 BERGEN

Finances

Share Ownership

Return on Equity

−12,84 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 697 000	7 069 000	1 868 000	8 362 000
Net Income	−3 850 000	3 673 000	−5 772 000	2 929 000
Total Assets	32 152 000	39 682 000	37 704 000	48 656 000
Total Equity	29 979 000	33 830 000	33 757 000	39 529 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 697 000	7 069 000	1 868 000	8 362 000
Expenditure	2 631 000	3 266 000	2 550 000	2 862 000
Operating Profit	2 066 000	3 803 000	−683 000	5 500 000
Financial Income	32 000	6 000	31 000	57 000
Financial Costs	1 000	22 000	108 000	164 000
Financial Balance	31 000	−16 000	−77 000	−107 000
Earnings Before Tax	2 098 000	3 788 000	−759 000	5 394 000
Tax	5 948 000	115 000	5 013 000	2 465 000
Net Income	−3 850 000	3 673 000	−5 772 000	2 929 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 091 000	35 145 000	35 495 000	41 404 000
Total Current Assets	3 062 000	4 537 000	2 209 000	7 252 000
Total Assets	32 152 000	39 682 000	37 704 000	48 656 000
Total Retained Equity	21 532 000	25 382 000	25 309 000	31 081 000
Total Equity	29 979 000	33 830 000	33 757 000	39 529 000
Total Long-Term Debt	0	0	3 600 000	4 650 000
Total Current Debt	2 173 000	5 852 000	347 000	4 477 000
Total Equity and Debt	32 152 000	39 682 000	37 704 000	48 656 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 697 000	7 069 000	1 868 000	8 362 000
Other Income	0	0	0	0
Revenue	4 697 000	7 069 000	1 868 000	8 362 000
Cost of Goods Sold	553 000	808 000	321 000	542 000
Salary Costs	0	0	17 000	0
Depreciation	365 000	365 000	567 000	967 000
Impairment	0	0	0	0
Expenditure	2 631 000	3 266 000	2 550 000	2 862 000
Operating Profit	2 066 000	3 803 000	−683 000	5 500 000
Financial Income	32 000	6 000	31 000	57 000
Financial Costs	1 000	22 000	108 000	164 000
Financial Balance	31 000	−16 000	−77 000	−107 000
Dividends	0	3 600 000	0	2 929 000
Net Income	−3 850 000	3 673 000	−5 772 000	2 929 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 758 000	16 448 000	16 433 000	21 775 000
Real Eastate	18 332 000	18 697 000	19 062 000	19 629 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 332 000	18 697 000	19 062 000	19 629 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 091 000	35 145 000	35 495 000	41 404 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	7 000	1 418 000	6 618 000
Total Current Assets	3 062 000	4 537 000	2 209 000	7 252 000
Total Assets	32 152 000	39 682 000	37 704 000	48 656 000
Total Equity	29 979 000	33 830 000	33 757 000	39 529 000
Short-Term Group Debt	209 000	2 310 000	30 000	35 000
Total Long-Term Debt	0	0	3 600 000	4 650 000
Creditors	28 000	272 000	249 000	257 000
Unpaid Taxes	257 000	337 000	15 000	111 000
Dividends	0	3 600 000	0	2 929 000
Other Current Debt	1 420 000	866 000	54 000	36 000
Total Current Debt	2 173 000	5 852 000	347 000	4 477 000
Total Equity and Debt	32 152 000	39 682 000	37 704 000	48 656 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,84 %	10,86 %	−17,1 %	7,41 %
Debt-to-Equity Ratio	0	0	0,11	0,12
Operating Profit Margin	43,99 %	53,8 %	−36,56 %	65,77 %
Current Ratio	1,41	0,78	6,37	1,62
Quick Ratio	1,41	0,78	6,37	1,62
Equity Ratio	0,93	0,85	0,9	0,81
Gross Profit Margin	88,23 %	88,57 %	82,82 %	93,52 %