FOSS-VATNE SANDTAK AS

4308 SANDNES

Finances

Share Ownership

Return on Equity

64,21 %

Current Ratio

4,11

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 476 000	3 174 000	2 991 000	2 391 000
Net Income	1 941 000	−134 000	−1 061 000	−691 000
Total Assets	3 905 000	1 632 000	2 222 000	2 782 000
Total Equity	3 023 000	1 082 000	1 216 000	2 277 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 476 000	3 174 000	2 991 000	2 391 000
Expenditure	3 415 000	3 309 000	4 056 000	3 106 000
Operating Profit	2 061 000	−135 000	−1 064 000	−715 000
Financial Income	13 000	2 000	3 000	6 000
Financial Costs	0	0	0	0
Financial Balance	13 000	2 000	3 000	6 000
Earnings Before Tax	2 074 000	−134 000	−1 061 000	−709 000
Tax	134 000	0	0	−18 000
Net Income	1 941 000	−134 000	−1 061 000	−691 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	566 000	118 000	607 000	1 021 000
Total Current Assets	3 339 000	1 514 000	1 614 000	1 760 000
Total Assets	3 905 000	1 632 000	2 222 000	2 782 000
Total Retained Equity	2 722 000	781 000	915 000	1 976 000
Total Equity	3 023 000	1 082 000	1 216 000	2 277 000
Total Long-Term Debt	70 000	0	0	0
Total Current Debt	812 000	550 000	1 006 000	505 000
Total Equity and Debt	3 905 000	1 632 000	2 222 000	2 782 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 876 000	2 736 000	2 991 000	2 391 000
Other Income	1 600 000	439 000	0	0
Revenue	5 476 000	3 174 000	2 991 000	2 391 000
Cost of Goods Sold	1 931 000	1 445 000	1 596 000	1 373 000
Salary Costs	0	0	0	−34 000
Depreciation	0	109 000	218 000	218 000
Impairment	0	0	0	0
Expenditure	3 415 000	3 309 000	4 056 000	3 106 000
Operating Profit	2 061 000	−135 000	−1 064 000	−715 000
Financial Income	13 000	2 000	3 000	6 000
Financial Costs	0	0	0	0
Financial Balance	13 000	2 000	3 000	6 000
Dividends	0	0	0	0
Net Income	1 941 000	−134 000	−1 061 000	−691 000

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	371 000	589 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	371 000	589 000
Total Fiancial Fixed Assets	566 000	118 000	237 000	433 000
Total Fixed Assets	566 000	118 000	607 000	1 021 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 693 000	1 047 000	819 000	1 191 000
Total Current Assets	3 339 000	1 514 000	1 614 000	1 760 000
Total Assets	3 905 000	1 632 000	2 222 000	2 782 000
Total Equity	3 023 000	1 082 000	1 216 000	2 277 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	70 000	0	0	0
Creditors	744 000	546 000	652 000	493 000
Unpaid Taxes	0	0	0	8 000
Dividends	0	0	0	0
Other Current Debt	4 000	4 000	354 000	4 000
Total Current Debt	812 000	550 000	1 006 000	505 000
Total Equity and Debt	3 905 000	1 632 000	2 222 000	2 782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,21 %	−12,38 %	−87,25 %	−30,35 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	37,64 %	−4,25 %	−35,57 %	−29,9 %
Current Ratio	4,11	2,75	1,6	3,49
Quick Ratio	4,11	2,75	1,6	3,49
Equity Ratio	0,77	0,66	0,55	0,82
Gross Profit Margin	64,74 %	54,47 %	46,64 %	42,58 %