FOTOSERVICE AS

4836 ARENDAL

Finances

Return on Equity

12,1 %

Current Ratio

2,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 094 000	3 161 000	3 422 000	3 661 000
Net Income	106 000	13 000	113 000	−123 000
Total Assets	1 598 000	1 442 000	1 892 000	1 516 000
Total Equity	876 000	770 000	757 000	644 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 094 000	3 161 000	3 422 000	3 661 000
Expenditure	2 957 000	3 109 000	3 284 000	3 770 000
Operating Profit	138 000	52 000	139 000	−109 000
Financial Income	2 000	0	0	0
Financial Costs	12 000	18 000	19 000	14 000
Financial Balance	−10 000	−18 000	−19 000	−14 000
Earnings Before Tax	128 000	34 000	121 000	−123 000
Tax	22 000	22 000	8 000	0
Net Income	106 000	13 000	113 000	−123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	119 000	201 000
Total Current Assets	1 598 000	1 442 000	1 772 000	1 315 000
Total Assets	1 598 000	1 442 000	1 892 000	1 516 000
Total Retained Equity	776 000	670 000	657 000	544 000
Total Equity	876 000	770 000	757 000	644 000
Total Long-Term Debt	0	0	176 000	0
Total Current Debt	722 000	672 000	959 000	871 000
Total Equity and Debt	1 598 000	1 442 000	1 892 000	1 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 094 000	3 134 000	3 369 000	3 661 000
Other Income	0	27 000	54 000	0
Revenue	3 094 000	3 161 000	3 422 000	3 661 000
Cost of Goods Sold	1 054 000	994 000	1 357 000	1 482 000
Salary Costs	1 098 000	1 126 000	928 000	1 176 000
Depreciation	0	100 000	65 000	75 000
Impairment	0	0	0	0
Expenditure	2 957 000	3 109 000	3 284 000	3 770 000
Operating Profit	138 000	52 000	139 000	−109 000
Financial Income	2 000	0	0	0
Financial Costs	12 000	18 000	19 000	14 000
Financial Balance	−10 000	−18 000	−19 000	−14 000
Dividends	0	0	0	0
Net Income	106 000	13 000	113 000	−123 000

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	0	100 000	165 000
Total Tangible Assets	0	0	100 000	165 000
Total Fiancial Fixed Assets	0	0	19 000	36 000
Total Fixed Assets	0	0	119 000	201 000
Stock	250 000	274 000	282 000	528 000
Total Investments	2 000	2 000	2 000	2 000
Cash, Bank	1 310 000	1 154 000	1 483 000	781 000
Total Current Assets	1 598 000	1 442 000	1 772 000	1 315 000
Total Assets	1 598 000	1 442 000	1 892 000	1 516 000
Total Equity	876 000	770 000	757 000	644 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	176 000	0
Creditors	253 000	151 000	334 000	272 000
Unpaid Taxes	251 000	256 000	257 000	255 000
Dividends	0	0	0	0
Other Current Debt	197 000	244 000	359 000	345 000
Total Current Debt	722 000	672 000	959 000	871 000
Total Equity and Debt	1 598 000	1 442 000	1 892 000	1 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,1 %	1,69 %	14,93 %	−19,1 %
Debt-to-Equity Ratio	0	0	0,23	0
Operating Profit Margin	4,46 %	1,65 %	4,06 %	−2,98 %
Current Ratio	2,21	2,15	1,85	1,51
Quick Ratio	3,39	3,62	2,62	3,83
Equity Ratio	0,55	0,53	0,4	0,42
Gross Profit Margin	65,93 %	68,55 %	60,34 %	59,52 %