FORTUNA OILS AS

6512 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

−7,52 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 142 000	5 449 000	8 535 000	4 306 000
Net Income	−402 000	−260 000	258 000	−3 906 000
Total Assets	9 300 000	8 567 000	9 640 000	9 150 000
Total Equity	5 349 000	5 751 000	6 011 000	−3 967 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 142 000	5 449 000	8 535 000	4 306 000
Expenditure	13 422 000	5 333 000	6 559 000	6 748 000
Operating Profit	−271 000	−228 000	236 000	−3 606 000
Financial Income	17 000	19 000	40 000	27 000
Financial Costs	148 000	52 000	18 000	327 000
Financial Balance	−131 000	−33 000	22 000	−300 000
Earnings Before Tax	−402 000	−260 000	258 000	−3 906 000
Tax	0	0	0	0
Net Income	−402 000	−260 000	258 000	−3 906 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 160 000	2 481 000	2 833 000	3 206 000
Total Current Assets	7 140 000	6 086 000	6 807 000	5 944 000
Total Assets	9 300 000	8 567 000	9 640 000	9 150 000
Total Retained Equity	−404 000	−2 000	258 000	−9 137 000
Total Equity	5 349 000	5 751 000	6 011 000	−3 967 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 951 000	2 816 000	3 629 000	13 117 000
Total Equity and Debt	9 300 000	8 567 000	9 640 000	9 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 848 000	5 192 000	8 435 000	3 896 000
Other Income	294 000	256 000	100 000	410 000
Revenue	10 142 000	5 449 000	8 535 000	4 306 000
Cost of Goods Sold	8 323 000	1 768 000	1 485 000	1 074 000
Salary Costs	1 624 000	1 249 000	1 732 000	2 267 000
Depreciation	321 000	353 000	372 000	349 000
Impairment	0	0	0	0
Expenditure	13 422 000	5 333 000	6 559 000	6 748 000
Operating Profit	−271 000	−228 000	236 000	−3 606 000
Financial Income	17 000	19 000	40 000	27 000
Financial Costs	148 000	52 000	18 000	327 000
Financial Balance	−131 000	−33 000	22 000	−300 000
Dividends	0	0	0	0
Net Income	−402 000	−260 000	258 000	−3 906 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 526 000	1 746 000	1 966 000	2 185 000
Machinery and Plant Facilities	633 000	728 000	823 000	918 000
Fixtures	0	6 000	44 000	102 000
Total Tangible Assets	2 160 000	2 481 000	2 833 000	3 206 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 160 000	2 481 000	2 833 000	3 206 000
Stock	5 725 000	2 520 000	2 863 000	4 603 000
Total Investments	0	0	0	0
Cash, Bank	664 000	353 000	3 547 000	956 000
Total Current Assets	7 140 000	6 086 000	6 807 000	5 944 000
Total Assets	9 300 000	8 567 000	9 640 000	9 150 000
Total Equity	5 349 000	5 751 000	6 011 000	−3 967 000
Short-Term Group Debt	3 186 000	1 562 000	2 766 000	12 288 000
Total Long-Term Debt	0	0	0	0
Creditors	431 000	899 000	329 000	300 000
Unpaid Taxes	124 000	241 000	380 000	366 000
Dividends	0	0	0	0
Other Current Debt	209 000	113 000	154 000	163 000
Total Current Debt	3 951 000	2 816 000	3 629 000	13 117 000
Total Equity and Debt	9 300 000	8 567 000	9 640 000	9 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,52 %	−4,52 %	4,29 %	98,46 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−2,67 %	−4,18 %	2,77 %	−83,74 %
Current Ratio	1,81	2,16	1,88	0,45
Quick Ratio	−4,02	20,56	8,89	0,7
Equity Ratio	0,58	0,67	0,62	−0,43
Gross Profit Margin	17,94 %	67,55 %	82,6 %	75,06 %