FOSSMARK ASSURANSE AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

117,97 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 558 000	2 850 000	2 978 000	2 413 000
Net Income	151 000	111 000	−176 000	−252 000
Total Assets	587 000	454 000	504 000	517 000
Total Equity	128 000	−23 000	−134 000	43 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 558 000	2 850 000	2 978 000	2 413 000
Expenditure	2 349 000	2 695 000	3 206 000	2 728 000
Operating Profit	209 000	156 000	−229 000	−315 000
Financial Income	0	2 000	2 000	3 000
Financial Costs	2 000	6 000	7 000	14 000
Financial Balance	−2 000	−4 000	−5 000	−11 000
Earnings Before Tax	207 000	151 000	−234 000	−325 000
Tax	56 000	41 000	−58 000	−73 000
Net Income	151 000	111 000	−176 000	−252 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	113 000	131 000	73 000
Total Current Assets	537 000	341 000	373 000	444 000
Total Assets	587 000	454 000	504 000	517 000
Total Retained Equity	28 000	−123 000	−234 000	−57 000
Total Equity	128 000	−23 000	−134 000	43 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	459 000	477 000	638 000	475 000
Total Equity and Debt	587 000	454 000	504 000	517 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 000	162 000	0	0
Other Income	2 530 000	2 688 000	2 978 000	2 413 000
Revenue	2 558 000	2 850 000	2 978 000	2 413 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 928 000	2 256 000	2 798 000	2 211 000
Depreciation	8 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	2 349 000	2 695 000	3 206 000	2 728 000
Operating Profit	209 000	156 000	−229 000	−315 000
Financial Income	0	2 000	2 000	3 000
Financial Costs	2 000	6 000	7 000	14 000
Financial Balance	−2 000	−4 000	−5 000	−11 000
Dividends	0	0	0	0
Net Income	151 000	111 000	−176 000	−252 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	90 000	131 000	73 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	23 000	0	0
Total Tangible Assets	15 000	23 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	113 000	131 000	73 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	327 000	152 000	226 000	258 000
Total Current Assets	537 000	341 000	373 000	444 000
Total Assets	587 000	454 000	504 000	517 000
Total Equity	128 000	−23 000	−134 000	43 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	27 000	51 000	63 000	67 000
Unpaid Taxes	265 000	193 000	329 000	214 000
Dividends	0	0	0	0
Other Current Debt	166 000	233 000	246 000	193 000
Total Current Debt	459 000	477 000	638 000	475 000
Total Equity and Debt	587 000	454 000	504 000	517 000

Financial indicators	2022	2021	2020	2019
Return on Equity	117,97 %	−482,61 %	131,34 %	−586,05 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	8,17 %	5,47 %	−7,69 %	−13,05 %
Current Ratio	1,17	0,71	0,58	0,93
Quick Ratio	1,17	0,71	0,58	0,93
Equity Ratio	0,22	−0,05	−0,27	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %