FOSENLAST AS

7100 RISSA

Finances

Share Ownership

Return on Equity

19,37 %

Current Ratio

1,12

Debt-to-Equity Ratio

6,78

Key figures (NOK)	2021	2020	2019	2018
Revenue	6 566 000	5 739 000	6 360 000	7 272 000
Net Income	43 000	−341 000	31 000	241 000
Total Assets	3 953 000	3 394 000	3 495 000	2 370 000
Total Equity	222 000	179 000	520 000	489 000

Income (NOK)	2021	2020	2019	2018
Revenue	6 566 000	5 739 000	6 360 000	7 272 000
Expenditure	6 354 000	5 925 000	6 177 000	6 951 000
Operating Profit	213 000	−186 000	183 000	321 000
Financial Income	1 000	0	0	1 000
Financial Costs	170 000	156 000	152 000	81 000
Financial Balance	−169 000	−156 000	−152 000	−80 000
Earnings Before Tax	43 000	−341 000	31 000	241 000
Tax	0	0	0	0
Net Income	43 000	−341 000	31 000	241 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 454 000	2 466 000	2 489 000	1 055 000
Total Current Assets	2 499 000	928 000	1 006 000	1 316 000
Total Assets	3 953 000	3 394 000	3 495 000	2 370 000
Total Retained Equity	−228 000	−271 000	70 000	39 000
Total Equity	222 000	179 000	520 000	489 000
Total Long-Term Debt	1 506 000	1 866 000	1 946 000	862 000
Total Current Debt	2 224 000	1 349 000	1 029 000	1 020 000
Total Equity and Debt	3 953 000	3 394 000	3 495 000	2 370 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	5 783 000	5 425 000	5 800 000	7 190 000
Other Income	784 000	314 000	560 000	82 000
Revenue	6 566 000	5 739 000	6 360 000	7 272 000
Cost of Goods Sold	17 000	4 000	0	28 000
Salary Costs	2 215 000	2 084 000	2 133 000	2 528 000
Depreciation	200 000	187 000	210 000	240 000
Impairment	0	0	0	0
Expenditure	6 354 000	5 925 000	6 177 000	6 951 000
Operating Profit	213 000	−186 000	183 000	321 000
Financial Income	1 000	0	0	1 000
Financial Costs	170 000	156 000	152 000	81 000
Financial Balance	−169 000	−156 000	−152 000	−80 000
Dividends	0	0	0	0
Net Income	43 000	−341 000	31 000	241 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	96 000	105 000	115 000	129 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	483 000	1 621 000	1 846 000	757 000
Total Tangible Assets	579 000	1 726 000	1 961 000	886 000
Total Fiancial Fixed Assets	875 000	739 000	528 000	169 000
Total Fixed Assets	1 454 000	2 466 000	2 489 000	1 055 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 000	73 000	69 000	588 000
Total Current Assets	2 499 000	928 000	1 006 000	1 316 000
Total Assets	3 953 000	3 394 000	3 495 000	2 370 000
Total Equity	222 000	179 000	520 000	489 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 506 000	1 866 000	1 946 000	862 000
Creditors	1 371 000	696 000	494 000	432 000
Unpaid Taxes	265 000	302 000	349 000	324 000
Dividends	0	0	0	0
Other Current Debt	335 000	155 000	131 000	263 000
Total Current Debt	2 224 000	1 349 000	1 029 000	1 020 000
Total Equity and Debt	3 953 000	3 394 000	3 495 000	2 370 000

Financial indicators	2021	2020	2019	2018
Return on Equity	19,37 %	−190,5 %	5,96 %	49,28 %
Debt-to-Equity Ratio	6,78	10,42	3,74	1,76
Operating Profit Margin	3,24 %	−3,24 %	2,88 %	4,41 %
Current Ratio	1,12	0,69	0,98	1,29
Quick Ratio	1,12	0,69	0,98	1,29
Equity Ratio	0,06	0,05	0,15	0,21
Gross Profit Margin	99,74 %	99,93 %	100 %	99,61 %