FOSSLAND AS

7819 FOSSLANDSOSEN

Finances

Share Ownership

Return on Equity

107,46 %

Current Ratio

0,12

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 994 000	5 569 000	10 206 000	7 649 000
Net Income	−879 000	−58 000	−80 000	−614 000
Total Assets	843 000	1 262 000	1 989 000	2 128 000
Total Equity	−818 000	61 000	118 000	199 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 994 000	5 569 000	10 206 000	7 649 000
Expenditure	7 011 000	5 569 000	10 238 000	8 398 000
Operating Profit	−1 017 000	0	−33 000	−748 000
Financial Income	0	0	0	0
Financial Costs	110 000	74 000	70 000	39 000
Financial Balance	−110 000	−74 000	−70 000	−39 000
Earnings Before Tax	−1 127 000	−74 000	−103 000	−787 000
Tax	−248 000	−16 000	−23 000	−173 000
Net Income	−879 000	−58 000	−80 000	−614 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	649 000	717 000	1 061 000	1 203 000
Total Current Assets	194 000	544 000	929 000	925 000
Total Assets	843 000	1 262 000	1 989 000	2 128 000
Total Retained Equity	−1 268 000	−389 000	−332 000	−251 000
Total Equity	−818 000	61 000	118 000	199 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 661 000	1 201 000	1 871 000	1 929 000
Total Equity and Debt	843 000	1 262 000	1 989 000	2 128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 993 000	5 562 000	10 036 000	7 649 000
Other Income	1 000	7 000	170 000	0
Revenue	5 994 000	5 569 000	10 206 000	7 649 000
Cost of Goods Sold	2 565 000	287 000	3 707 000	161 000
Salary Costs	1 001 000	1 632 000	2 447 000	3 445 000
Depreciation	42 000	59 000	63 000	36 000
Impairment	0	0	0	0
Expenditure	7 011 000	5 569 000	10 238 000	8 398 000
Operating Profit	−1 017 000	0	−33 000	−748 000
Financial Income	0	0	0	0
Financial Costs	110 000	74 000	70 000	39 000
Financial Balance	−110 000	−74 000	−70 000	−39 000
Dividends	0	0	0	0
Net Income	−879 000	−58 000	−80 000	−614 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	419 000	171 000	154 000	132 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	65 000	107 000	197 000	115 000
Fixtures	0	0	0	0
Total Tangible Assets	65 000	107 000	197 000	115 000
Total Fiancial Fixed Assets	165 000	440 000	709 000	956 000
Total Fixed Assets	649 000	717 000	1 061 000	1 203 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	43 000	62 000	159 000
Total Current Assets	194 000	544 000	929 000	925 000
Total Assets	843 000	1 262 000	1 989 000	2 128 000
Total Equity	−818 000	61 000	118 000	199 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	436 000	299 000	585 000	861 000
Unpaid Taxes	128 000	313 000	506 000	235 000
Dividends	0	0	0	0
Other Current Debt	573 000	308 000	524 000	530 000
Total Current Debt	1 661 000	1 201 000	1 871 000	1 929 000
Total Equity and Debt	843 000	1 262 000	1 989 000	2 128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,46 %	−95,08 %	−67,8 %	−308,54 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−16,97 %	0 %	−0,32 %	−9,78 %
Current Ratio	0,12	0,45	0,5	0,48
Quick Ratio	0,12	0,45	0,5	0,48
Equity Ratio	−0,97	0,05	0,06	0,09
Gross Profit Margin	57,21 %	94,85 %	63,68 %	97,9 %