FORSØL FISKERISERVICE AS

9612 FORSØL

Finances

Share Ownership

Return on Equity

8,33 %

Current Ratio

2,1

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 069 000	2 702 000	4 530 000	2 364 000
Net Income	243 000	−37 000	2 429 000	520 000
Total Assets	5 109 000	3 829 000	3 711 000	3 963 000
Total Equity	2 917 000	2 675 000	2 711 000	282 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 069 000	2 702 000	4 530 000	2 364 000
Expenditure	2 672 000	2 512 000	2 258 000	2 084 000
Operating Profit	398 000	−13 000	2 501 000	587 000
Financial Income	0	0	0	0
Financial Costs	155 000	24 000	72 000	67 000
Financial Balance	−155 000	−24 000	−72 000	−67 000
Earnings Before Tax	243 000	−37 000	2 429 000	520 000
Tax	0	0	0	0
Net Income	243 000	−37 000	2 429 000	520 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	3 027 000	2 689 000	2 746 000	2 637 000
Total Current Assets	2 082 000	1 141 000	964 000	1 326 000
Total Assets	5 109 000	3 829 000	3 711 000	3 963 000
Total Retained Equity	2 597 000	2 355 000	2 391 000	−38 000
Total Equity	2 917 000	2 675 000	2 711 000	282 000
Total Long-Term Debt	1 202 000	563 000	575 000	3 244 000
Total Current Debt	990 000	592 000	424 000	437 000
Total Equity and Debt	5 109 000	3 829 000	3 711 000	3 963 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 069 000	2 702 000	1 930 000	2 364 000
Other Income	0	0	2 600 000	0
Revenue	3 069 000	2 702 000	4 530 000	2 364 000
Cost of Goods Sold	438 000	800 000	827 000	769 000
Salary Costs	1 313 000	1 325 000	1 039 000	1 074 000
Depreciation	198 000	167 000	157 000	22 000
Impairment	0	0	0	0
Expenditure	2 672 000	2 512 000	2 258 000	2 084 000
Operating Profit	398 000	−13 000	2 501 000	587 000
Financial Income	0	0	0	0
Financial Costs	155 000	24 000	72 000	67 000
Financial Balance	−155 000	−24 000	−72 000	−67 000
Dividends	0	0	0	0
Net Income	243 000	−37 000	2 429 000	520 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 594 000	2 531 000	2 526 000	2 353 000
Machinery and Plant Facilities	95 000	158 000	221 000	283 000
Fixtures	338 000	0	0	0
Total Tangible Assets	3 027 000	2 689 000	2 746 000	2 637 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 027 000	2 689 000	2 746 000	2 637 000
Stock	492 000	560 000	763 000	534 000
Total Investments	0	0	0	0
Cash, Bank	201 000	201 000	158 000	378 000
Total Current Assets	2 082 000	1 141 000	964 000	1 326 000
Total Assets	5 109 000	3 829 000	3 711 000	3 963 000
Total Equity	2 917 000	2 675 000	2 711 000	282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 202 000	563 000	575 000	3 244 000
Creditors	367 000	142 000	183 000	24 000
Unpaid Taxes	215 000	43 000	101 000	274 000
Dividends	0	0	0	0
Other Current Debt	408 000	408 000	141 000	139 000
Total Current Debt	990 000	592 000	424 000	437 000
Total Equity and Debt	5 109 000	3 829 000	3 711 000	3 963 000

Financial indicators	2021	2020	2019	2018
Return on Equity	8,33 %	−1,38 %	89,6 %	184,4 %
Debt-to-Equity Ratio	0,41	0,21	0,21	11,5
Operating Profit Margin	12,97 %	−0,48 %	55,21 %	24,83 %
Current Ratio	2,1	1,93	2,27	3,03
Quick Ratio	4,18	35,66	−2,84	−13,67
Equity Ratio	0,57	0,7	0,73	0,07
Gross Profit Margin	85,73 %	70,39 %	81,74 %	67,47 %