INSOURCING SERVICES AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

−330 %

Current Ratio

0,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	169 000	319 000	1 801 000	1 617 000
Net Income	33 000	−164 000	234 000	7 000
Total Assets	172 000	641 000	989 000	1 213 000
Total Equity	−10 000	−42 000	121 000	37 000

Income (NOK)	2022	2021	2020	2019
Revenue	169 000	319 000	1 801 000	1 617 000
Expenditure	103 000	484 000	1 446 000	1 556 000
Operating Profit	65 000	−165 000	354 000	62 000
Financial Income	0	1 000	0	0
Financial Costs	24 000	46 000	54 000	53 000
Financial Balance	−24 000	−45 000	−54 000	−53 000
Earnings Before Tax	42 000	−210 000	301 000	9 000
Tax	9 000	−46 000	66 000	2 000
Net Income	33 000	−164 000	234 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	535 000	631 000	727 000
Total Current Assets	113 000	106 000	359 000	486 000
Total Assets	172 000	641 000	989 000	1 213 000
Total Retained Equity	−40 000	−72 000	91 000	7 000
Total Equity	−10 000	−42 000	121 000	37 000
Total Long-Term Debt	−10 000	390 000	555 000	643 000
Total Current Debt	192 000	293 000	314 000	533 000
Total Equity and Debt	172 000	641 000	989 000	1 213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	108 000	319 000	1 801 000	1 617 000
Other Income	61 000	0	0	0
Revenue	169 000	319 000	1 801 000	1 617 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	223 000	1 069 000	1 206 000
Depreciation	64 000	96 000	96 000	98 000
Impairment	0	0	0	0
Expenditure	103 000	484 000	1 446 000	1 556 000
Operating Profit	65 000	−165 000	354 000	62 000
Financial Income	0	1 000	0	0
Financial Costs	24 000	46 000	54 000	53 000
Financial Balance	−24 000	−45 000	−54 000	−53 000
Dividends	0	0	150 000	0
Net Income	33 000	−164 000	234 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	60 000	60 000	60 000	60 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	475 000	571 000	667 000
Fixtures	0	0	0	0
Total Tangible Assets	0	475 000	571 000	667 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	60 000	535 000	631 000	727 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	44 000	73 000
Total Current Assets	113 000	106 000	359 000	486 000
Total Assets	172 000	641 000	989 000	1 213 000
Total Equity	−10 000	−42 000	121 000	37 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−10 000	390 000	555 000	643 000
Creditors	0	0	29 000	39 000
Unpaid Taxes	0	−4 000	157 000	217 000
Dividends	0	0	150 000	0
Other Current Debt	192 000	297 000	82 000	276 000
Total Current Debt	192 000	293 000	314 000	533 000
Total Equity and Debt	172 000	641 000	989 000	1 213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−330 %	390,48 %	193,39 %	18,92 %
Debt-to-Equity Ratio	1	−9,29	4,59	17,38
Operating Profit Margin	38,46 %	−51,72 %	19,66 %	3,83 %
Current Ratio	0,59	0,36	1,14	0,91
Quick Ratio	0,59	0,36	1,14	0,91
Equity Ratio	−0,06	−0,07	0,12	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %