INGENIØR SVEIN FURSETH AS

6068 EIKSUND

Finances

Share Ownership

Return on Equity

1,17 %

Current Ratio

2,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 098 000	542 000	2 344 000	1 501 000
Net Income	9 000	−625 000	514 000	−78 000
Total Assets	1 194 000	1 179 000	1 925 000	1 282 000
Total Equity	770 000	761 000	1 385 000	1 071 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 098 000	542 000	2 344 000	1 501 000
Expenditure	2 089 000	1 165 000	1 837 000	1 556 000
Operating Profit	9 000	−622 000	515 000	−75 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	1 000	4 000
Financial Balance	0	−3 000	−1 000	−4 000
Earnings Before Tax	9 000	−625 000	514 000	−78 000
Tax	0	0	0	0
Net Income	9 000	−625 000	514 000	−78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	69 000	74 000	83 000
Total Current Assets	1 142 000	1 109 000	1 850 000	1 199 000
Total Assets	1 194 000	1 179 000	1 925 000	1 282 000
Total Retained Equity	668 000	659 000	1 284 000	970 000
Total Equity	770 000	761 000	1 385 000	1 071 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	424 000	418 000	539 000	211 000
Total Equity and Debt	1 194 000	1 179 000	1 925 000	1 282 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 098 000	542 000	2 344 000	1 501 000
Other Income	0	0	0	0
Revenue	2 098 000	542 000	2 344 000	1 501 000
Cost of Goods Sold	895 000	68 000	428 000	133 000
Salary Costs	854 000	716 000	900 000	1 072 000
Depreciation	18 000	28 000	55 000	61 000
Impairment	0	0	0	0
Expenditure	2 089 000	1 165 000	1 837 000	1 556 000
Operating Profit	9 000	−622 000	515 000	−75 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	1 000	4 000
Financial Balance	0	−3 000	−1 000	−4 000
Dividends	0	0	200 000	0
Net Income	9 000	−625 000	514 000	−78 000

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	11 000	27 000
Fixtures	51 000	69 000	63 000	56 000
Total Tangible Assets	51 000	69 000	74 000	83 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	51 000	69 000	74 000	83 000
Stock	8 000	8 000	17 000	10 000
Total Investments	0	0	0	0
Cash, Bank	891 000	1 007 000	1 156 000	252 000
Total Current Assets	1 142 000	1 109 000	1 850 000	1 199 000
Total Assets	1 194 000	1 179 000	1 925 000	1 282 000
Total Equity	770 000	761 000	1 385 000	1 071 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	20 000	6 000	3 000
Unpaid Taxes	77 000	63 000	194 000	122 000
Dividends	0	0	200 000	0
Other Current Debt	347 000	336 000	139 000	86 000
Total Current Debt	424 000	418 000	539 000	211 000
Total Equity and Debt	1 194 000	1 179 000	1 925 000	1 282 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,17 %	−82,13 %	37,11 %	−7,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,43 %	−114,76 %	21,97 %	−5 %
Current Ratio	2,69	2,65	3,43	5,68
Quick Ratio	2,75	2,7	3,54	5,97
Equity Ratio	0,64	0,65	0,72	0,84
Gross Profit Margin	57,34 %	87,45 %	81,74 %	91,14 %