FOSSMARK KRAFT AS

4110 FORSAND

Finances

Share Ownership

Return on Equity

94,38 %

Current Ratio

1,65

Debt-to-Equity Ratio

1,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 921 000	3 130 000	739 000	2 028 000
Net Income	4 755 000	1 282 000	−406 000	316 000
Total Assets	12 624 000	11 067 000	9 651 000	10 449 000
Total Equity	5 038 000	983 000	−299 000	107 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 921 000	3 130 000	739 000	2 028 000
Expenditure	2 473 000	1 203 000	901 000	1 143 000
Operating Profit	6 447 000	1 926 000	−162 000	884 000
Financial Income	0	0	0	0
Financial Costs	351 000	282 000	359 000	479 000
Financial Balance	−351 000	−282 000	−359 000	−479 000
Earnings Before Tax	6 096 000	1 644 000	−520 000	406 000
Tax	1 341 000	362 000	−114 000	89 000
Net Income	4 755 000	1 282 000	−406 000	316 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 371 000	8 829 000	9 303 000	9 559 000
Total Current Assets	3 253 000	2 238 000	348 000	890 000
Total Assets	12 624 000	11 067 000	9 651 000	10 449 000
Total Retained Equity	4 758 000	703 000	−579 000	−173 000
Total Equity	5 038 000	983 000	−299 000	107 000
Total Long-Term Debt	5 609 000	9 235 000	9 705 000	10 059 000
Total Current Debt	1 977 000	848 000	245 000	283 000
Total Equity and Debt	12 624 000	11 067 000	9 651 000	10 449 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 867 000	3 130 000	726 000	2 028 000
Other Income	54 000	0	14 000	0
Revenue	8 921 000	3 130 000	739 000	2 028 000
Cost of Goods Sold	116 000	44 000	21 000	18 000
Salary Costs	0	0	0	0
Depreciation	495 000	351 000	370 000	370 000
Impairment	0	0	0	0
Expenditure	2 473 000	1 203 000	901 000	1 143 000
Operating Profit	6 447 000	1 926 000	−162 000	884 000
Financial Income	0	0	0	0
Financial Costs	351 000	282 000	359 000	479 000
Financial Balance	−351 000	−282 000	−359 000	−479 000
Dividends	700 000	0	0	0
Net Income	4 755 000	1 282 000	−406 000	316 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	48 000	171 000	57 000
Real Eastate	8 261 000	8 509 000	8 757 000	9 006 000
Machinery and Plant Facilities	194 000	235 000	277 000	319 000
Fixtures	879 000	37 000	98 000	178 000
Total Tangible Assets	9 333 000	8 781 000	9 132 000	9 502 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 371 000	8 829 000	9 303 000	9 559 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 605 000	1 417 000	123 000	428 000
Total Current Assets	3 253 000	2 238 000	348 000	890 000
Total Assets	12 624 000	11 067 000	9 651 000	10 449 000
Total Equity	5 038 000	983 000	−299 000	107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 609 000	9 235 000	9 705 000	10 059 000
Creditors	517 000	280 000	62 000	97 000
Unpaid Taxes	115 000	298 000	13 000	1 000
Dividends	700 000	0	0	0
Other Current Debt	14 000	32 000	170 000	185 000
Total Current Debt	1 977 000	848 000	245 000	283 000
Total Equity and Debt	12 624 000	11 067 000	9 651 000	10 449 000

Financial indicators	2022	2021	2020	2019
Return on Equity	94,38 %	130,42 %	135,79 %	295,33 %
Debt-to-Equity Ratio	1,11	9,39	−32,46	94,01
Operating Profit Margin	72,27 %	61,53 %	−21,92 %	43,59 %
Current Ratio	1,65	2,64	1,42	3,14
Quick Ratio	1,65	2,64	1,42	3,14
Equity Ratio	0,4	0,09	−0,03	0,01
Gross Profit Margin	98,7 %	98,59 %	97,16 %	99,11 %