FEKCO AS

3159 MELSOMVIK

Finances

Return on Equity

29,24 %

Current Ratio

1,61

Debt-to-Equity Ratio

2,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 055 000	896 000	1 096 000	1 120 000
Net Income	50 000	−298 000	−126 000	164 000
Total Assets	722 000	362 000	937 000	834 000
Total Equity	171 000	121 000	419 000	545 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 055 000	896 000	1 096 000	1 120 000
Expenditure	999 000	1 189 000	1 216 000	949 000
Operating Profit	56 000	−294 000	−121 000	171 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	7 000	4 000	6 000	7 000
Financial Balance	−6 000	−4 000	−5 000	−6 000
Earnings Before Tax	50 000	−298 000	−126 000	164 000
Tax	0	0	0	0
Net Income	50 000	−298 000	−126 000	164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	530 000	0	294 000	332 000
Total Current Assets	192 000	362 000	643 000	501 000
Total Assets	722 000	362 000	937 000	834 000
Total Retained Equity	−29 000	−79 000	219 000	345 000
Total Equity	171 000	121 000	419 000	545 000
Total Long-Term Debt	432 000	141 000	294 000	185 000
Total Current Debt	119 000	100 000	224 000	104 000
Total Equity and Debt	722 000	362 000	937 000	834 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 055 000	896 000	1 096 000	1 116 000
Other Income	0	0	0	4 000
Revenue	1 055 000	896 000	1 096 000	1 120 000
Cost of Goods Sold	146 000	11 000	141 000	126 000
Salary Costs	541 000	652 000	641 000	611 000
Depreciation	49 000	38 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	999 000	1 189 000	1 216 000	949 000
Operating Profit	56 000	−294 000	−121 000	171 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	7 000	4 000	6 000	7 000
Financial Balance	−6 000	−4 000	−5 000	−6 000
Dividends	0	0	0	0
Net Income	50 000	−298 000	−126 000	164 000

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	530 000	0	294 000	332 000
Total Tangible Assets	530 000	0	294 000	332 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	530 000	0	294 000	332 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	126 000	328 000	581 000	445 000
Total Current Assets	192 000	362 000	643 000	501 000
Total Assets	722 000	362 000	937 000	834 000
Total Equity	171 000	121 000	419 000	545 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	432 000	141 000	294 000	185 000
Creditors	0	1 000	1 000	0
Unpaid Taxes	62 000	38 000	69 000	47 000
Dividends	0	0	0	0
Other Current Debt	57 000	60 000	154 000	56 000
Total Current Debt	119 000	100 000	224 000	104 000
Total Equity and Debt	722 000	362 000	937 000	834 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,24 %	−246,28 %	−30,07 %	30,09 %
Debt-to-Equity Ratio	2,53	1,17	0,7	0,34
Operating Profit Margin	5,31 %	−32,81 %	−11,04 %	15,27 %
Current Ratio	1,61	3,62	2,87	4,82
Quick Ratio	1,61	3,62	2,87	4,82
Equity Ratio	0,24	0,33	0,45	0,65
Gross Profit Margin	86,16 %	98,77 %	87,14 %	88,75 %