FOSENLINJEN AS

7152 KRÅKVÅG

Finances

Share Ownership

Return on Equity

−29,58 %

Current Ratio

0,26

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 562 000	29 424 000	29 869 000	26 830 000
Net Income	−1 996 000	1 463 000	4 166 000	672 000
Total Assets	26 098 000	26 741 000	29 094 000	29 382 000
Total Equity	6 748 000	8 744 000	7 281 000	7 116 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 562 000	29 424 000	29 869 000	26 830 000
Expenditure	33 400 000	26 943 000	23 861 000	25 201 000
Operating Profit	−1 838 000	2 482 000	6 008 000	1 629 000
Financial Income	1 000	0	2 000	1 000
Financial Costs	722 000	573 000	668 000	769 000
Financial Balance	−721 000	−573 000	−666 000	−768 000
Earnings Before Tax	−2 559 000	1 909 000	5 341 000	861 000
Tax	−563 000	446 000	1 176 000	189 000
Net Income	−1 996 000	1 463 000	4 166 000	672 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 449 000	24 722 000	27 097 000	26 484 000
Total Current Assets	2 649 000	2 019 000	1 998 000	2 898 000
Total Assets	26 098 000	26 741 000	29 094 000	29 382 000
Total Retained Equity	5 248 000	7 244 000	5 781 000	5 616 000
Total Equity	6 748 000	8 744 000	7 281 000	7 116 000
Total Long-Term Debt	9 018 000	8 368 000	10 198 000	11 461 000
Total Current Debt	10 332 000	9 629 000	11 615 000	10 805 000
Total Equity and Debt	26 098 000	26 741 000	29 094 000	29 382 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	185 000	534 000	202 000	275 000
Other Income	31 377 000	28 890 000	29 666 000	26 556 000
Revenue	31 562 000	29 424 000	29 869 000	26 830 000
Cost of Goods Sold	411 000	277 000	169 000	82 000
Salary Costs	14 643 000	13 600 000	12 690 000	12 585 000
Depreciation	4 695 000	3 862 000	2 903 000	3 371 000
Impairment	0	0	0	0
Expenditure	33 400 000	26 943 000	23 861 000	25 201 000
Operating Profit	−1 838 000	2 482 000	6 008 000	1 629 000
Financial Income	1 000	0	2 000	1 000
Financial Costs	722 000	573 000	668 000	769 000
Financial Balance	−721 000	−573 000	−666 000	−768 000
Dividends	0	0	4 000 000	4 000 000
Net Income	−1 996 000	1 463 000	4 166 000	672 000

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	630 000	336 000	348 000	188 000
Total Tangible Assets	22 863 000	24 136 000	25 491 000	25 397 000
Total Fiancial Fixed Assets	586 000	586 000	1 606 000	1 087 000
Total Fixed Assets	23 449 000	24 722 000	27 097 000	26 484 000
Stock	116 000	116 000	116 000	116 000
Total Investments	0	0	0	0
Cash, Bank	1 364 000	510 000	485 000	1 484 000
Total Current Assets	2 649 000	2 019 000	1 998 000	2 898 000
Total Assets	26 098 000	26 741 000	29 094 000	29 382 000
Total Equity	6 748 000	8 744 000	7 281 000	7 116 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 018 000	8 368 000	10 198 000	11 461 000
Creditors	3 835 000	3 446 000	2 399 000	1 008 000
Unpaid Taxes	1 027 000	1 045 000	794 000	1 044 000
Dividends	0	0	4 000 000	4 000 000
Other Current Debt	458 000	2 334 000	243 000	4 753 000
Total Current Debt	10 332 000	9 629 000	11 615 000	10 805 000
Total Equity and Debt	26 098 000	26 741 000	29 094 000	29 382 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,58 %	16,73 %	57,22 %	9,44 %
Debt-to-Equity Ratio	1,34	0,96	1,4	1,61
Operating Profit Margin	−5,82 %	8,44 %	20,11 %	6,07 %
Current Ratio	0,26	0,21	0,17	0,27
Quick Ratio	0,26	0,21	0,17	0,27
Equity Ratio	0,26	0,33	0,25	0,24
Gross Profit Margin	98,7 %	99,06 %	99,43 %	99,69 %