KARSTEN FOSSUM AS

1615 FREDRIKSTAD

Finances

Return on Equity

−5,5 %

Current Ratio

7,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	634 000	713 000	118 000	0
Net Income	−363 000	30 000	−20 000	18 000
Total Assets	6 845 000	7 335 000	7 406 000	7 142 000
Total Equity	6 603 000	6 966 000	6 936 000	6 956 000

Income (NOK)	2022	2021	2020	2019
Revenue	634 000	713 000	118 000	0
Expenditure	669 000	697 000	156 000	0
Operating Profit	−34 000	16 000	−38 000	0
Financial Income	80 000	23 000	9 000	18 000
Financial Costs	399 000	0	0	0
Financial Balance	−319 000	23 000	9 000	18 000
Earnings Before Tax	−353 000	39 000	−29 000	18 000
Tax	10 000	9 000	−8 000	0
Net Income	−363 000	30 000	−20 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 059 000	5 004 000	5 171 000	4 629 000
Total Current Assets	1 786 000	2 331 000	2 235 000	2 514 000
Total Assets	6 845 000	7 335 000	7 406 000	7 142 000
Total Retained Equity	5 315 000	5 678 000	5 647 000	5 668 000
Total Equity	6 603 000	6 966 000	6 936 000	6 956 000
Total Long-Term Debt	0	0	178 000	187 000
Total Current Debt	242 000	369 000	292 000	0
Total Equity and Debt	6 845 000	7 335 000	7 406 000	7 142 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	634 000	713 000	118 000	0
Revenue	634 000	713 000	118 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	669 000	697 000	156 000	0
Operating Profit	−34 000	16 000	−38 000	0
Financial Income	80 000	23 000	9 000	18 000
Financial Costs	399 000	0	0	0
Financial Balance	−319 000	23 000	9 000	18 000
Dividends	0	0	0	0
Net Income	−363 000	30 000	−20 000	18 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 059 000	5 004 000	5 171 000	4 629 000
Total Fixed Assets	5 059 000	5 004 000	5 171 000	4 629 000
Stock	0	0	0	0
Total Investments	563 000	176 000	176 000	176 000
Cash, Bank	1 046 000	1 701 000	1 786 000	2 338 000
Total Current Assets	1 786 000	2 331 000	2 235 000	2 514 000
Total Assets	6 845 000	7 335 000	7 406 000	7 142 000
Total Equity	6 603 000	6 966 000	6 936 000	6 956 000
Short-Term Group Debt	46 000	0	0	0
Total Long-Term Debt	0	0	178 000	187 000
Creditors	196 000	168 000	145 000	0
Unpaid Taxes	0	56 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	0	145 000	147 000	0
Total Current Debt	242 000	369 000	292 000	0
Total Equity and Debt	6 845 000	7 335 000	7 406 000	7 142 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,5 %	0,43 %	−0,29 %	0,26 %
Debt-to-Equity Ratio	0	0	0,03	0,03
Operating Profit Margin	−5,36 %	2,24 %	−32,2 %	-
Current Ratio	7,38	6,32	7,65	-
Quick Ratio	7,38	6,32	7,65	-
Equity Ratio	0,96	0,95	0,94	0,97
Gross Profit Margin	100 %	100 %	100 %	-