FOSEN TOOLS AS

7130 BREKSTAD

Finances

Share Ownership

Return on Equity

33,88 %

Current Ratio

4,27

Debt-to-Equity Ratio

1,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 870 000	19 645 000	16 888 000	11 208 000
Net Income	1 785 000	521 000	574 000	−414 000
Total Assets	18 119 000	16 065 000	15 657 000	11 959 000
Total Equity	5 269 000	3 484 000	2 963 000	2 389 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 870 000	19 645 000	16 888 000	11 208 000
Expenditure	21 206 000	18 467 000	15 774 000	11 425 000
Operating Profit	2 664 000	1 178 000	1 114 000	−216 000
Financial Income	46 000	35 000	−27 000	14 000
Financial Costs	421 000	545 000	347 000	328 000
Financial Balance	−375 000	−510 000	−374 000	−314 000
Earnings Before Tax	2 290 000	668 000	740 000	−530 000
Tax	504 000	147 000	166 000	−116 000
Net Income	1 785 000	521 000	574 000	−414 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	590 000	595 000	493 000	544 000
Total Current Assets	17 529 000	15 470 000	15 164 000	11 415 000
Total Assets	18 119 000	16 065 000	15 657 000	11 959 000
Total Retained Equity	3 675 000	1 890 000	1 369 000	796 000
Total Equity	5 269 000	3 484 000	2 963 000	2 389 000
Total Long-Term Debt	8 746 000	8 429 000	8 624 000	8 312 000
Total Current Debt	4 104 000	4 152 000	4 070 000	1 257 000
Total Equity and Debt	18 119 000	16 065 000	15 657 000	11 959 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 863 000	19 179 000	16 569 000	11 192 000
Other Income	3 007 000	466 000	319 000	16 000
Revenue	23 870 000	19 645 000	16 888 000	11 208 000
Cost of Goods Sold	10 062 000	8 422 000	9 072 000	5 872 000
Salary Costs	6 110 000	5 385 000	4 306 000	3 175 000
Depreciation	112 000	65 000	77 000	377 000
Impairment	0	0	0	0
Expenditure	21 206 000	18 467 000	15 774 000	11 425 000
Operating Profit	2 664 000	1 178 000	1 114 000	−216 000
Financial Income	46 000	35 000	−27 000	14 000
Financial Costs	421 000	545 000	347 000	328 000
Financial Balance	−375 000	−510 000	−374 000	−314 000
Dividends	0	0	0	0
Net Income	1 785 000	521 000	574 000	−414 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	202 000	194 000	243 000	245 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	158 000	207 000	151 000	219 000
Fixtures	135 000	69 000	99 000	80 000
Total Tangible Assets	293 000	276 000	250 000	299 000
Total Fiancial Fixed Assets	95 000	125 000	0	0
Total Fixed Assets	590 000	595 000	493 000	544 000
Stock	12 243 000	9 677 000	9 201 000	10 013 000
Total Investments	0	0	0	0
Cash, Bank	743 000	3 318 000	−45 000	31 000
Total Current Assets	17 529 000	15 470 000	15 164 000	11 415 000
Total Assets	18 119 000	16 065 000	15 657 000	11 959 000
Total Equity	5 269 000	3 484 000	2 963 000	2 389 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 746 000	8 429 000	8 624 000	8 312 000
Creditors	1 219 000	1 939 000	1 718 000	415 000
Unpaid Taxes	737 000	298 000	1 201 000	376 000
Dividends	0	0	0	0
Other Current Debt	1 636 000	1 816 000	982 000	466 000
Total Current Debt	4 104 000	4 152 000	4 070 000	1 257 000
Total Equity and Debt	18 119 000	16 065 000	15 657 000	11 959 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,88 %	14,95 %	19,37 %	−17,33 %
Debt-to-Equity Ratio	1,66	2,42	2,91	3,48
Operating Profit Margin	11,16 %	6 %	6,6 %	−1,93 %
Current Ratio	4,27	3,73	3,73	9,08
Quick Ratio	−2,15	−2,8	−2,96	−1,3
Equity Ratio	0,29	0,22	0,19	0,2
Gross Profit Margin	57,85 %	57,13 %	46,28 %	47,61 %