FOSENKRAFT ELEKTRO AS

7160 BJUGN

Finances

Share Ownership

Return on Equity

−68,15 %

Current Ratio

1,14

Debt-to-Equity Ratio

3,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 668 000	45 813 000	45 379 000	47 216 000
Net Income	−644 000	120 000	558 000	−637 000
Total Assets	18 609 000	18 026 000	20 656 000	20 678 000
Total Equity	945 000	1 589 000	1 469 000	912 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 668 000	45 813 000	45 379 000	47 216 000
Expenditure	43 339 000	45 740 000	44 616 000	47 699 000
Operating Profit	−672 000	73 000	762 000	−483 000
Financial Income	83 000	167 000	64 000	121 000
Financial Costs	228 000	83 000	89 000	435 000
Financial Balance	−145 000	84 000	−25 000	−314 000
Earnings Before Tax	−817 000	157 000	737 000	−797 000
Tax	−173 000	37 000	180 000	−160 000
Net Income	−644 000	120 000	558 000	−637 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 421 000	2 274 000	2 437 000	2 869 000
Total Current Assets	16 188 000	15 752 000	18 219 000	17 808 000
Total Assets	18 609 000	18 026 000	20 656 000	20 678 000
Total Retained Equity	−55 000	589 000	469 000	−88 000
Total Equity	945 000	1 589 000	1 469 000	912 000
Total Long-Term Debt	3 498 000	4 941 000	5 680 000	6 402 000
Total Current Debt	14 166 000	11 496 000	13 506 000	13 365 000
Total Equity and Debt	18 609 000	18 026 000	20 656 000	20 678 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 195 000	45 607 000	45 196 000	47 209 000
Other Income	473 000	206 000	182 000	7 000
Revenue	42 668 000	45 813 000	45 379 000	47 216 000
Cost of Goods Sold	13 761 000	17 313 000	15 174 000	15 924 000
Salary Costs	23 722 000	23 227 000	23 462 000	25 892 000
Depreciation	337 000	448 000	349 000	348 000
Impairment	0	0	0	0
Expenditure	43 339 000	45 740 000	44 616 000	47 699 000
Operating Profit	−672 000	73 000	762 000	−483 000
Financial Income	83 000	167 000	64 000	121 000
Financial Costs	228 000	83 000	89 000	435 000
Financial Balance	−145 000	84 000	−25 000	−314 000
Dividends	0	0	0	0
Net Income	−644 000	120 000	558 000	−637 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 813 000	1 640 000	1 678 000	1 857 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	11 000	23 000	34 000
Fixtures	339 000	589 000	672 000	878 000
Total Tangible Assets	339 000	600 000	695 000	912 000
Total Fiancial Fixed Assets	269 000	34 000	64 000	100 000
Total Fixed Assets	2 421 000	2 274 000	2 437 000	2 869 000
Stock	2 330 000	2 098 000	2 018 000	2 832 000
Total Investments	0	0	0	0
Cash, Bank	1 166 000	1 107 000	6 952 000	1 127 000
Total Current Assets	16 188 000	15 752 000	18 219 000	17 808 000
Total Assets	18 609 000	18 026 000	20 656 000	20 678 000
Total Equity	945 000	1 589 000	1 469 000	912 000
Short-Term Group Debt	4 438 000	2 035 000	0	0
Total Long-Term Debt	3 498 000	4 941 000	5 680 000	6 402 000
Creditors	2 546 000	3 070 000	4 853 000	3 383 000
Unpaid Taxes	3 726 000	3 395 000	2 525 000	3 742 000
Dividends	0	0	0	0
Other Current Debt	3 455 000	2 996 000	6 128 000	2 509 000
Total Current Debt	14 166 000	11 496 000	13 506 000	13 365 000
Total Equity and Debt	18 609 000	18 026 000	20 656 000	20 678 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−68,15 %	7,55 %	37,99 %	−69,85 %
Debt-to-Equity Ratio	3,7	3,11	3,87	7,02
Operating Profit Margin	−1,57 %	0,16 %	1,68 %	−1,02 %
Current Ratio	1,14	1,37	1,35	1,33
Quick Ratio	1,37	1,68	1,59	1,69
Equity Ratio	0,05	0,09	0,07	0,04
Gross Profit Margin	67,75 %	62,21 %	66,56 %	66,27 %