FOTVEGEN 2 AS

5522 HAUGESUND

Finances

Share Ownership

Return on Equity

45,3 %

Current Ratio

0,52

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 114 000	963 000	837 000	822 000
Net Income	756 000	1 051 000	599 000	569 000
Total Assets	3 363 000	2 844 000	3 562 000	3 447 000
Total Equity	1 669 000	1 675 000	2 283 000	2 484 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 114 000	963 000	837 000	822 000
Expenditure	174 000	114 000	70 000	94 000
Operating Profit	941 000	849 000	767 000	728 000
Financial Income	29 000	389 000	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	29 000	389 000	1 000	2 000
Earnings Before Tax	970 000	1 238 000	768 000	730 000
Tax	213 000	187 000	169 000	161 000
Net Income	756 000	1 051 000	599 000	569 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 713 000	2 102 000	2 425 000	2 536 000
Total Current Assets	650 000	743 000	1 137 000	911 000
Total Assets	3 363 000	2 844 000	3 562 000	3 447 000
Total Retained Equity	1 549 000	1 555 000	2 163 000	2 364 000
Total Equity	1 669 000	1 675 000	2 283 000	2 484 000
Total Long-Term Debt	451 000	107 000	103 000	104 000
Total Current Debt	1 243 000	1 063 000	1 176 000	860 000
Total Equity and Debt	3 363 000	2 844 000	3 562 000	3 447 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 000	963 000	837 000	822 000
Other Income	1 083 000	0	0	0
Revenue	1 114 000	963 000	837 000	822 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	68 000	62 000	58 000	58 000
Impairment	0	0	0	0
Expenditure	174 000	114 000	70 000	94 000
Operating Profit	941 000	849 000	767 000	728 000
Financial Income	29 000	389 000	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	29 000	389 000	1 000	2 000
Dividends	0	1 010 000	800 000	500 000
Net Income	756 000	1 051 000	599 000	569 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 034 000	2 102 000	1 750 000	1 808 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 034 000	2 102 000	1 750 000	1 808 000
Total Fiancial Fixed Assets	679 000	0	675 000	728 000
Total Fixed Assets	2 713 000	2 102 000	2 425 000	2 536 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	237 000	743 000	1 137 000	911 000
Total Current Assets	650 000	743 000	1 137 000	911 000
Total Assets	3 363 000	2 844 000	3 562 000	3 447 000
Total Equity	1 669 000	1 675 000	2 283 000	2 484 000
Short-Term Group Debt	977 000	832 000	0	0
Total Long-Term Debt	451 000	107 000	103 000	104 000
Creditors	0	0	0	0
Unpaid Taxes	266 000	230 000	206 000	199 000
Dividends	0	1 010 000	800 000	500 000
Other Current Debt	0	0	0	0
Total Current Debt	1 243 000	1 063 000	1 176 000	860 000
Total Equity and Debt	3 363 000	2 844 000	3 562 000	3 447 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,3 %	62,75 %	26,24 %	22,91 %
Debt-to-Equity Ratio	0,27	0,06	0,05	0,04
Operating Profit Margin	84,47 %	88,16 %	91,64 %	88,56 %
Current Ratio	0,52	0,7	0,97	1,06
Quick Ratio	0,52	0,7	0,97	1,06
Equity Ratio	0,5	0,59	0,64	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %