FOSSENG HOLDING AS

7817 SALSNES

Finances

Return on Equity

−69,97 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 000	82 000	31 000	16 000
Net Income	−1 489 000	−477 000	−1 439 000	−2 683 000
Total Assets	2 615 000	8 219 000	7 329 000	10 126 000
Total Equity	2 128 000	3 798 000	4 275 000	5 714 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 000	82 000	31 000	16 000
Expenditure	416 000	475 000	376 000	188 000
Operating Profit	−410 000	−394 000	−346 000	−172 000
Financial Income	834 000	1 475 000	2 459 000	2 958 000
Financial Costs	1 913 000	1 559 000	3 552 000	5 469 000
Financial Balance	−1 079 000	−84 000	−1 093 000	−2 511 000
Earnings Before Tax	−1 489 000	−477 000	−1 439 000	−2 683 000
Tax	0	0	0	0
Net Income	−1 489 000	−477 000	−1 439 000	−2 683 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 935 000	2 355 000	2 620 000	1 764 000
Total Current Assets	680 000	5 864 000	4 709 000	8 362 000
Total Assets	2 615 000	8 219 000	7 329 000	10 126 000
Total Retained Equity	2 038 000	3 708 000	4 185 000	5 624 000
Total Equity	2 128 000	3 798 000	4 275 000	5 714 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	487 000	4 422 000	3 054 000	4 412 000
Total Equity and Debt	2 615 000	8 219 000	7 329 000	10 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 000	82 000	31 000	16 000
Other Income	0	0	0	0
Revenue	6 000	82 000	31 000	16 000
Cost of Goods Sold	0	28 000	0	2 000
Salary Costs	0	0	0	0
Depreciation	247 000	247 000	247 000	44 000
Impairment	0	0	0	0
Expenditure	416 000	475 000	376 000	188 000
Operating Profit	−410 000	−394 000	−346 000	−172 000
Financial Income	834 000	1 475 000	2 459 000	2 958 000
Financial Costs	1 913 000	1 559 000	3 552 000	5 469 000
Financial Balance	−1 079 000	−84 000	−1 093 000	−2 511 000
Dividends	181 000	0	0	0
Net Income	−1 489 000	−477 000	−1 439 000	−2 683 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	439 000	483 000	527 000	921 000
Machinery and Plant Facilities	481 000	481 000	481 000	131 000
Fixtures	0	0	0	0
Total Tangible Assets	1 935 000	2 183 000	2 430 000	1 052 000
Total Fiancial Fixed Assets	0	172 000	190 000	712 000
Total Fixed Assets	1 935 000	2 355 000	2 620 000	1 764 000
Stock	0	0	0	1 625 000
Total Investments	675 000	5 785 000	4 315 000	6 671 000
Cash, Bank	4 000	5 000	0	46 000
Total Current Assets	680 000	5 864 000	4 709 000	8 362 000
Total Assets	2 615 000	8 219 000	7 329 000	10 126 000
Total Equity	2 128 000	3 798 000	4 275 000	5 714 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	4 000	7 000	37 000
Unpaid Taxes	0	0	0	0
Dividends	181 000	0	0	0
Other Current Debt	2 000	10 000	29 000	6 000
Total Current Debt	487 000	4 422 000	3 054 000	4 412 000
Total Equity and Debt	2 615 000	8 219 000	7 329 000	10 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−69,97 %	−12,56 %	−33,66 %	−46,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6 833,33 %	−480,49 %	−1 116,13 %	−1 075 %
Current Ratio	1,4	1,33	1,54	1,9
Quick Ratio	1,4	1,33	1,54	3
Equity Ratio	0,81	0,46	0,58	0,56
Gross Profit Margin	100 %	65,85 %	100 %	87,5 %