FOSSANE MIKROKRAFTVERK AS

4200 SAUDA

Finances

Share Ownership

Return on Equity

39,91 %

Current Ratio

2,24

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 205 000	425 000	94 000	302 000
Net Income	599 000	123 000	−200 000	−38 000
Total Assets	3 085 000	2 072 000	1 789 000	2 208 000
Total Equity	1 501 000	901 000	779 000	979 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 205 000	425 000	94 000	302 000
Expenditure	478 000	296 000	281 000	325 000
Operating Profit	726 000	128 000	−186 000	−24 000
Financial Income	13 000	4 000	8 000	7 000
Financial Costs	16 000	10 000	22 000	21 000
Financial Balance	−3 000	−6 000	−14 000	−14 000
Earnings Before Tax	724 000	123 000	−200 000	−38 000
Tax	125 000	0	0	0
Net Income	599 000	123 000	−200 000	−38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 443 000	1 519 000	1 596 000	1 676 000
Total Current Assets	1 643 000	554 000	193 000	533 000
Total Assets	3 085 000	2 072 000	1 789 000	2 208 000
Total Retained Equity	491 000	−109 000	−231 000	−31 000
Total Equity	1 501 000	901 000	779 000	979 000
Total Long-Term Debt	850 000	910 000	910 000	1 051 000
Total Current Debt	734 000	261 000	100 000	178 000
Total Equity and Debt	3 085 000	2 072 000	1 789 000	2 208 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 205 000	425 000	94 000	302 000
Other Income	0	0	0	0
Revenue	1 205 000	425 000	94 000	302 000
Cost of Goods Sold	0	0	0	0
Salary Costs	13 000	13 000	9 000	13 000
Depreciation	76 000	77 000	80 000	80 000
Impairment	0	0	0	0
Expenditure	478 000	296 000	281 000	325 000
Operating Profit	726 000	128 000	−186 000	−24 000
Financial Income	13 000	4 000	8 000	7 000
Financial Costs	16 000	10 000	22 000	21 000
Financial Balance	−3 000	−6 000	−14 000	−14 000
Dividends	0	0	0	0
Net Income	599 000	123 000	−200 000	−38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	4 000
Real Eastate	434 000	442 000	451 000	459 000
Machinery and Plant Facilities	1 007 000	1 067 000	1 126 000	1 186 000
Fixtures	2 000	10 000	18 000	25 000
Total Tangible Assets	1 443 000	1 519 000	1 595 000	1 671 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 443 000	1 519 000	1 596 000	1 676 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 610 000	480 000	169 000	486 000
Total Current Assets	1 643 000	554 000	193 000	533 000
Total Assets	3 085 000	2 072 000	1 789 000	2 208 000
Total Equity	1 501 000	901 000	779 000	979 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	850 000	910 000	910 000	1 051 000
Creditors	286 000	136 000	73 000	109 000
Unpaid Taxes	283 000	94 000	3 000	49 000
Dividends	0	0	0	0
Other Current Debt	41 000	31 000	24 000	20 000
Total Current Debt	734 000	261 000	100 000	178 000
Total Equity and Debt	3 085 000	2 072 000	1 789 000	2 208 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,91 %	13,65 %	−25,67 %	−3,88 %
Debt-to-Equity Ratio	0,57	1,01	1,17	1,07
Operating Profit Margin	60,25 %	30,12 %	−197,87 %	−7,95 %
Current Ratio	2,24	2,12	1,93	2,99
Quick Ratio	2,24	2,12	1,93	2,99
Equity Ratio	0,49	0,43	0,44	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %