FØN ENERGY SERVICES NORWAY AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

1,31 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	128 177 000	97 914 000	101 600 000	136 605 000
Net Income	210 000	2 761 000	16 464 000	10 715 000
Total Assets	41 916 000	47 493 000	57 019 000	57 644 000
Total Equity	16 036 000	19 633 000	22 635 000	16 170 000

Income (NOK)	2022	2021	2020	2019
Revenue	128 177 000	97 914 000	101 600 000	136 605 000
Expenditure	127 712 000	94 311 000	94 341 000	122 863 000
Operating Profit	465 000	3 604 000	7 258 000	13 742 000
Financial Income	58 000	16 000	10 925 000	77 000
Financial Costs	154 000	70 000	139 000	65 000
Financial Balance	−96 000	−54 000	10 786 000	12 000
Earnings Before Tax	369 000	3 550 000	18 045 000	13 754 000
Tax	159 000	789 000	1 581 000	3 039 000
Net Income	210 000	2 761 000	16 464 000	10 715 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 434 000	17 847 000	17 470 000	16 884 000
Total Current Assets	35 482 000	29 646 000	39 549 000	40 760 000
Total Assets	41 916 000	47 493 000	57 019 000	57 644 000
Total Retained Equity	0	0	742 000	0
Total Equity	16 036 000	19 633 000	22 635 000	16 170 000
Total Long-Term Debt	535 000	898 000	1 150 000	1 427 000
Total Current Debt	25 344 000	26 962 000	33 234 000	40 047 000
Total Equity and Debt	41 916 000	47 493 000	57 019 000	57 644 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	128 177 000	97 914 000	101 600 000	136 605 000
Other Income	0	0	0	0
Revenue	128 177 000	97 914 000	101 600 000	136 605 000
Cost of Goods Sold	37 965 000	24 521 000	28 987 000	49 056 000
Salary Costs	68 397 000	55 552 000	52 023 000	59 345 000
Depreciation	2 866 000	1 869 000	1 802 000	1 473 000
Impairment	0	0	0	0
Expenditure	127 712 000	94 311 000	94 341 000	122 863 000
Operating Profit	465 000	3 604 000	7 258 000	13 742 000
Financial Income	58 000	16 000	10 925 000	77 000
Financial Costs	154 000	70 000	139 000	65 000
Financial Balance	−96 000	−54 000	10 786 000	12 000
Dividends	990 000	6 561 000	0	0
Net Income	210 000	2 761 000	16 464 000	10 715 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 419 000	0	0	0
Total Intangible Assets	2 751 000	1 465 000	650 000	617 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	360 000	929 000	1 103 000	1 683 000
Fixtures	3 323 000	3 720 000	3 984 000	2 822 000
Total Tangible Assets	3 683 000	4 649 000	5 087 000	4 505 000
Total Fiancial Fixed Assets	0	11 733 000	11 733 000	11 763 000
Total Fixed Assets	6 434 000	17 847 000	17 470 000	16 884 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	253 000	1 000	1 000	1 000
Total Current Assets	35 482 000	29 646 000	39 549 000	40 760 000
Total Assets	41 916 000	47 493 000	57 019 000	57 644 000
Total Equity	16 036 000	19 633 000	22 635 000	16 170 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	535 000	898 000	1 150 000	1 427 000
Creditors	8 413 000	4 291 000	4 023 000	5 349 000
Unpaid Taxes	4 649 000	4 098 000	3 595 000	3 935 000
Dividends	990 000	6 561 000	0	0
Other Current Debt	9 690 000	14 942 000	8 279 000	10 186 000
Total Current Debt	25 344 000	26 962 000	33 234 000	40 047 000
Total Equity and Debt	41 916 000	47 493 000	57 019 000	57 644 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,31 %	14,06 %	72,74 %	66,26 %
Debt-to-Equity Ratio	0,03	0,05	0,05	0,09
Operating Profit Margin	0,36 %	3,68 %	7,14 %	10,06 %
Current Ratio	1,4	1,1	1,19	1,02
Quick Ratio	1,4	1,1	1,19	1,02
Equity Ratio	0,38	0,41	0,4	0,28
Gross Profit Margin	70,38 %	74,96 %	71,47 %	64,09 %