FOSSUM & INGERØ AS

1610 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

0,42 %

Current Ratio

2,67

Debt-to-Equity Ratio

−1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 108 000	2 409 000	2 504 000	3 177 000
Net Income	−44 000	−718 000	−474 000	−2 019 000
Total Assets	2 879 000	3 122 000	3 338 000	3 415 000
Total Equity	−10 602 000	−10 558 000	−9 840 000	−9 366 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 108 000	2 409 000	2 504 000	3 177 000
Expenditure	2 151 000	3 127 000	2 971 000	5 190 000
Operating Profit	−43 000	−718 000	−466 000	−2 013 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	8 000	6 000
Financial Balance	−1 000	0	−8 000	−6 000
Earnings Before Tax	−44 000	−718 000	−474 000	−2 019 000
Tax	0	0	0	0
Net Income	−44 000	−718 000	−474 000	−2 019 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	69 000	99 000	130 000
Total Current Assets	2 840 000	3 053 000	3 240 000	3 285 000
Total Assets	2 879 000	3 122 000	3 338 000	3 415 000
Total Retained Equity	−11 856 000	−11 812 000	−11 094 000	−10 619 000
Total Equity	−10 602 000	−10 558 000	−9 840 000	−9 366 000
Total Long-Term Debt	12 419 000	12 540 000	11 677 000	10 741 000
Total Current Debt	1 062 000	1 141 000	1 502 000	2 040 000
Total Equity and Debt	2 879 000	3 122 000	3 338 000	3 415 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 092 000	2 352 000	2 348 000	3 146 000
Other Income	16 000	57 000	156 000	31 000
Revenue	2 108 000	2 409 000	2 504 000	3 177 000
Cost of Goods Sold	1 448 000	1 678 000	1 398 000	3 146 000
Salary Costs	196 000	721 000	861 000	1 000 000
Depreciation	30 000	30 000	32 000	38 000
Impairment	0	0	0	0
Expenditure	2 151 000	3 127 000	2 971 000	5 190 000
Operating Profit	−43 000	−718 000	−466 000	−2 013 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	8 000	6 000
Financial Balance	−1 000	0	−8 000	−6 000
Dividends	0	0	0	0
Net Income	−44 000	−718 000	−474 000	−2 019 000

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	39 000	69 000	99 000	130 000
Total Tangible Assets	39 000	69 000	99 000	130 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 000	69 000	99 000	130 000
Stock	2 671 000	2 918 000	2 946 000	2 722 000
Total Investments	0	0	0	0
Cash, Bank	77 000	67 000	182 000	16 000
Total Current Assets	2 840 000	3 053 000	3 240 000	3 285 000
Total Assets	2 879 000	3 122 000	3 338 000	3 415 000
Total Equity	−10 602 000	−10 558 000	−9 840 000	−9 366 000
Short-Term Group Debt	0	0	385 000	397 000
Total Long-Term Debt	12 419 000	12 540 000	11 677 000	10 741 000
Creditors	940 000	927 000	925 000	1 462 000
Unpaid Taxes	68 000	110 000	88 000	76 000
Dividends	0	0	0	0
Other Current Debt	54 000	104 000	104 000	105 000
Total Current Debt	1 062 000	1 141 000	1 502 000	2 040 000
Total Equity and Debt	2 879 000	3 122 000	3 338 000	3 415 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,42 %	6,8 %	4,82 %	21,56 %
Debt-to-Equity Ratio	−1,17	−1,19	−1,19	−1,15
Operating Profit Margin	−2,04 %	−29,8 %	−18,61 %	−63,36 %
Current Ratio	2,67	2,68	2,16	1,61
Quick Ratio	−1,77	−1,72	−2,24	−4,82
Equity Ratio	−3,68	−3,38	−2,95	−2,74
Gross Profit Margin	31,31 %	30,34 %	44,17 %	0,98 %