FONGEN AS

7530 MERÅKER

Finances

Return on Equity

−23,63 %

Current Ratio

112,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 000	25 000	722 000	1 492 000
Net Income	−610 000	1 629 000	57 000	735 000
Total Assets	2 604 000	3 462 000	1 667 000	3 212 000
Total Equity	2 581 000	3 191 000	1 488 000	2 832 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 000	25 000	722 000	1 492 000
Expenditure	328 000	1 146 000	1 065 000	994 000
Operating Profit	−248 000	−1 121 000	−343 000	498 000
Financial Income	172 000	2 680 000	414 000	356 000
Financial Costs	458 000	0	14 000	9 000
Financial Balance	−286 000	2 680 000	400 000	347 000
Earnings Before Tax	−534 000	1 559 000	57 000	844 000
Tax	75 000	−70 000	0	108 000
Net Income	−610 000	1 629 000	57 000	735 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	129 000	2 724 000	669 000	244 000
Total Current Assets	2 474 000	738 000	998 000	2 967 000
Total Assets	2 604 000	3 462 000	1 667 000	3 212 000
Total Retained Equity	2 529 000	3 139 000	1 436 000	2 728 000
Total Equity	2 581 000	3 191 000	1 488 000	2 832 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 000	271 000	179 000	380 000
Total Equity and Debt	2 604 000	3 462 000	1 667 000	3 212 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 000	25 000	722 000	1 492 000
Other Income	0	0	0	0
Revenue	80 000	25 000	722 000	1 492 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	857 000	854 000	836 000
Depreciation	2 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	328 000	1 146 000	1 065 000	994 000
Operating Profit	−248 000	−1 121 000	−343 000	498 000
Financial Income	172 000	2 680 000	414 000	356 000
Financial Costs	458 000	0	14 000	9 000
Financial Balance	−286 000	2 680 000	400 000	347 000
Dividends	0	0	0	0
Net Income	−610 000	1 629 000	57 000	735 000

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	15 000	17 000	19 000	0
Total Tangible Assets	15 000	17 000	19 000	0
Total Fiancial Fixed Assets	114 000	2 707 000	650 000	244 000
Total Fixed Assets	129 000	2 724 000	669 000	244 000
Stock	0	0	0	0
Total Investments	1 957 000	0	0	0
Cash, Bank	521 000	408 000	724 000	2 443 000
Total Current Assets	2 474 000	738 000	998 000	2 967 000
Total Assets	2 604 000	3 462 000	1 667 000	3 212 000
Total Equity	2 581 000	3 191 000	1 488 000	2 832 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	75 000	2 000	109 000
Unpaid Taxes	13 000	77 000	72 000	42 000
Dividends	0	0	0	0
Other Current Debt	8 000	118 000	105 000	120 000
Total Current Debt	22 000	271 000	179 000	380 000
Total Equity and Debt	2 604 000	3 462 000	1 667 000	3 212 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,63 %	51,05 %	3,83 %	25,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−310 %	−4 484 %	−47,51 %	33,38 %
Current Ratio	112,45	2,72	5,58	7,81
Quick Ratio	112,45	2,72	5,58	7,81
Equity Ratio	0,99	0,92	0,89	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %