FOSSER ELEKTRO AS

1960 LØKEN

Finances

Return on Equity

16,3 %

Current Ratio

1,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 788 000	6 394 000	6 569 000	5 534 000
Net Income	274 000	358 000	138 000	78 000
Total Assets	3 567 000	3 621 000	4 156 000	3 393 000
Total Equity	1 681 000	1 407 000	1 049 000	1 931 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 788 000	6 394 000	6 569 000	5 534 000
Expenditure	5 316 000	5 893 000	6 360 000	5 397 000
Operating Profit	472 000	501 000	208 000	137 000
Financial Income	14 000	8 000	1 000	3 000
Financial Costs	8 000	14 000	13 000	13 000
Financial Balance	6 000	−6 000	−12 000	−10 000
Earnings Before Tax	479 000	496 000	196 000	127 000
Tax	205 000	138 000	58 000	50 000
Net Income	274 000	358 000	138 000	78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	53 000	92 000	141 000
Total Current Assets	3 555 000	3 568 000	4 064 000	3 252 000
Total Assets	3 567 000	3 621 000	4 156 000	3 393 000
Total Retained Equity	1 531 000	1 257 000	899 000	1 781 000
Total Equity	1 681 000	1 407 000	1 049 000	1 931 000
Total Long-Term Debt	0	39 000	83 000	129 000
Total Current Debt	1 886 000	2 175 000	3 023 000	1 333 000
Total Equity and Debt	3 567 000	3 621 000	4 156 000	3 393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 788 000	6 394 000	6 569 000	5 534 000
Other Income	0	0	0	0
Revenue	5 788 000	6 394 000	6 569 000	5 534 000
Cost of Goods Sold	1 819 000	2 324 000	2 607 000	1 994 000
Salary Costs	2 121 000	2 687 000	2 754 000	2 527 000
Depreciation	41 000	49 000	49 000	49 000
Impairment	0	0	0	0
Expenditure	5 316 000	5 893 000	6 360 000	5 397 000
Operating Profit	472 000	501 000	208 000	137 000
Financial Income	14 000	8 000	1 000	3 000
Financial Costs	8 000	14 000	13 000	13 000
Financial Balance	6 000	−6 000	−12 000	−10 000
Dividends	0	0	1 020 000	0
Net Income	274 000	358 000	138 000	78 000

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	0	41 000	90 000	140 000
Total Tangible Assets	0	41 000	90 000	140 000
Total Fiancial Fixed Assets	12 000	12 000	2 000	2 000
Total Fixed Assets	12 000	53 000	92 000	141 000
Stock	130 000	305 000	218 000	236 000
Total Investments	0	0	0	0
Cash, Bank	433 000	880 000	2 052 000	1 863 000
Total Current Assets	3 555 000	3 568 000	4 064 000	3 252 000
Total Assets	3 567 000	3 621 000	4 156 000	3 393 000
Total Equity	1 681 000	1 407 000	1 049 000	1 931 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	39 000	83 000	129 000
Creditors	588 000	550 000	1 024 000	506 000
Unpaid Taxes	848 000	926 000	629 000	495 000
Dividends	0	0	1 020 000	0
Other Current Debt	245 000	562 000	293 000	317 000
Total Current Debt	1 886 000	2 175 000	3 023 000	1 333 000
Total Equity and Debt	3 567 000	3 621 000	4 156 000	3 393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,3 %	25,44 %	13,16 %	4,04 %
Debt-to-Equity Ratio	0	0,03	0,08	0,07
Operating Profit Margin	8,15 %	7,84 %	3,17 %	2,48 %
Current Ratio	1,88	1,64	1,34	2,44
Quick Ratio	2,02	1,91	1,45	2,96
Equity Ratio	0,47	0,39	0,25	0,57
Gross Profit Margin	68,57 %	63,65 %	60,31 %	63,97 %