FOSSUM MØLLE OG ELEKTRISITETSVERK ANS

7288 SOKNEDAL

Finances

Share Ownership

Return on Equity

25,24 %

Current Ratio

1,07

Debt-to-Equity Ratio

−4,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	465 000	437 000	393 000	570 000
Net Income	−26 000	−32 000	−16 000	66 000
Total Assets	614 000	585 000	653 000	766 000
Total Equity	−103 000	−77 000	−45 000	−30 000

Income (NOK)	2022	2021	2020	2019
Revenue	465 000	437 000	393 000	570 000
Expenditure	439 000	427 000	359 000	453 000
Operating Profit	25 000	11 000	34 000	116 000
Financial Income	0	2 000	0	0
Financial Costs	51 000	45 000	49 000	51 000
Financial Balance	−51 000	−43 000	−49 000	−51 000
Earnings Before Tax	−26 000	−32 000	−16 000	66 000
Tax	0	0	0	0
Net Income	−26 000	−32 000	−16 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	368 000	443 000	518 000	593 000
Total Current Assets	246 000	142 000	135 000	172 000
Total Assets	614 000	585 000	653 000	766 000
Total Retained Equity	−550 000	−524 000	−492 000	−477 000
Total Equity	−103 000	−77 000	−45 000	−30 000
Total Long-Term Debt	488 000	551 000	619 000	683 000
Total Current Debt	229 000	111 000	79 000	112 000
Total Equity and Debt	614 000	585 000	653 000	766 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	465 000	437 000	393 000	570 000
Other Income	0	0	0	0
Revenue	465 000	437 000	393 000	570 000
Cost of Goods Sold	303 000	284 000	213 000	317 000
Salary Costs	0	0	0	0
Depreciation	75 000	75 000	75 000	75 000
Impairment	0	0	0	0
Expenditure	439 000	427 000	359 000	453 000
Operating Profit	25 000	11 000	34 000	116 000
Financial Income	0	2 000	0	0
Financial Costs	51 000	45 000	49 000	51 000
Financial Balance	−51 000	−43 000	−49 000	−51 000
Dividends	0	0	0	0
Net Income	−26 000	−32 000	−16 000	66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	368 000	443 000	518 000	593 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	368 000	443 000	518 000	593 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	368 000	443 000	518 000	593 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	11 000	39 000	3 000
Total Current Assets	246 000	142 000	135 000	172 000
Total Assets	614 000	585 000	653 000	766 000
Total Equity	−103 000	−77 000	−45 000	−30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	488 000	551 000	619 000	683 000
Creditors	208 000	96 000	38 000	0
Unpaid Taxes	19 000	13 000	19 000	37 000
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	22 000	75 000
Total Current Debt	229 000	111 000	79 000	112 000
Total Equity and Debt	614 000	585 000	653 000	766 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,24 %	41,56 %	35,56 %	−220 %
Debt-to-Equity Ratio	−4,74	−7,16	−13,76	−22,77
Operating Profit Margin	5,38 %	2,52 %	8,65 %	20,35 %
Current Ratio	1,07	1,28	1,71	1,54
Quick Ratio	1,07	1,28	1,71	1,54
Equity Ratio	−0,17	−0,13	−0,07	−0,04
Gross Profit Margin	34,84 %	35,01 %	45,8 %	44,39 %