FOSSANE FISHING COMPANY AS

5384 TORANGSVÅG

Finances

Share Ownership

Return on Equity

96,81 %

Current Ratio

Debt-to-Equity Ratio

−8,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	45 000	0	0
Net Income	−91 000	−123 000	−16 000	−6 000
Total Assets	674 000	734 000	123 000	149 000
Total Equity	−94 000	−3 000	120 000	135 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	45 000	0	0
Expenditure	141 000	168 000	13 000	7 000
Operating Profit	−91 000	−123 000	−13 000	−7 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−91 000	−123 000	−13 000	−7 000
Tax	0	0	2 000	−2 000
Net Income	−91 000	−123 000	−16 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	662 000	713 000	123 000	141 000
Total Current Assets	12 000	22 000	0	8 000
Total Assets	674 000	734 000	123 000	149 000
Total Retained Equity	−194 000	−103 000	20 000	35 000
Total Equity	−94 000	−3 000	120 000	135 000
Total Long-Term Debt	762 000	725 000	0	1 000
Total Current Debt	6 000	13 000	3 000	13 000
Total Equity and Debt	674 000	734 000	123 000	149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	45 000	0	0
Other Income	0	0	0	0
Revenue	50 000	45 000	0	0
Cost of Goods Sold	1 000	1 000	0	0
Salary Costs	0	0	0	0
Depreciation	82 000	38 000	0	0
Impairment	0	0	0	0
Expenditure	141 000	168 000	13 000	7 000
Operating Profit	−91 000	−123 000	−13 000	−7 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−91 000	−123 000	−16 000	−6 000

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	24 000	0	0	0
Total Tangible Assets	662 000	713 000	0	0
Total Fiancial Fixed Assets	0	0	123 000	141 000
Total Fixed Assets	662 000	713 000	123 000	141 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	5 000	0	8 000
Total Current Assets	12 000	22 000	0	8 000
Total Assets	674 000	734 000	123 000	149 000
Total Equity	−94 000	−3 000	120 000	135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	762 000	725 000	0	1 000
Creditors	6 000	13 000	0	11 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	6 000	13 000	3 000	13 000
Total Equity and Debt	674 000	734 000	123 000	149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,81 %	4 100 %	−13,33 %	−4,44 %
Debt-to-Equity Ratio	−8,11	−241,67	0	0,01
Operating Profit Margin	−182 %	−273,33 %	-	-
Current Ratio	2	1,69	0	0,62
Quick Ratio	2	1,69	0	0,62
Equity Ratio	−0,14	−0	0,98	0,91
Gross Profit Margin	98 %	97,78 %	-	-