FOSEN BIOVARME AS

7170 ÅFJORD

Finances

Share Ownership

Return on Equity

20,02 %

Current Ratio

1,37

Debt-to-Equity Ratio

4,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 010 000	1 927 000	1 598 000	1 864 000
Net Income	184 000	−556 000	−219 000	90 000
Total Assets	6 772 000	7 760 000	4 637 000	4 744 000
Total Equity	919 000	735 000	−9 000	210 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 010 000	1 927 000	1 598 000	1 864 000
Expenditure	2 454 000	2 294 000	1 662 000	1 597 000
Operating Profit	555 000	−367 000	−64 000	267 000
Financial Income	1 000	0	1 000	0
Financial Costs	372 000	190 000	156 000	177 000
Financial Balance	−371 000	−190 000	−155 000	−177 000
Earnings Before Tax	184 000	−556 000	−219 000	90 000
Tax	0	0	0	0
Net Income	184 000	−556 000	−219 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 854 000	5 822 000	3 599 000	3 902 000
Total Current Assets	1 918 000	1 939 000	1 037 000	841 000
Total Assets	6 772 000	7 760 000	4 637 000	4 744 000
Total Retained Equity	−932 000	−1 116 000	−1 860 000	−1 641 000
Total Equity	919 000	735 000	−9 000	210 000
Total Long-Term Debt	4 449 000	5 933 000	4 248 000	4 351 000
Total Current Debt	1 404 000	1 093 000	398 000	183 000
Total Equity and Debt	6 772 000	7 760 000	4 637 000	4 744 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 010 000	1 927 000	1 598 000	1 864 000
Other Income	0	0	0	0
Revenue	3 010 000	1 927 000	1 598 000	1 864 000
Cost of Goods Sold	1 656 000	1 458 000	984 000	879 000
Salary Costs	0	0	0	0
Depreciation	376 000	303 000	303 000	303 000
Impairment	0	0	0	0
Expenditure	2 454 000	2 294 000	1 662 000	1 597 000
Operating Profit	555 000	−367 000	−64 000	267 000
Financial Income	1 000	0	1 000	0
Financial Costs	372 000	190 000	156 000	177 000
Financial Balance	−371 000	−190 000	−155 000	−177 000
Dividends	0	0	0	0
Net Income	184 000	−556 000	−219 000	90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 904 000	1 363 000	1 479 000	1 595 000
Machinery and Plant Facilities	0	2 525 000	0	0
Fixtures	2 950 000	1 933 000	2 120 000	2 307 000
Total Tangible Assets	4 854 000	5 822 000	3 599 000	3 902 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 854 000	5 822 000	3 599 000	3 902 000
Stock	1 019 000	1 115 000	733 000	309 000
Total Investments	0	0	0	0
Cash, Bank	0	0	7 000	149 000
Total Current Assets	1 918 000	1 939 000	1 037 000	841 000
Total Assets	6 772 000	7 760 000	4 637 000	4 744 000
Total Equity	919 000	735 000	−9 000	210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 449 000	5 933 000	4 248 000	4 351 000
Creditors	287 000	1 014 000	258 000	120 000
Unpaid Taxes	132 000	0	12 000	35 000
Dividends	0	0	0	0
Other Current Debt	64 000	78 000	128 000	29 000
Total Current Debt	1 404 000	1 093 000	398 000	183 000
Total Equity and Debt	6 772 000	7 760 000	4 637 000	4 744 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,02 %	−75,65 %	2 433,33 %	42,86 %
Debt-to-Equity Ratio	4,84	8,07	−472	20,72
Operating Profit Margin	18,44 %	−19,05 %	−4,01 %	14,32 %
Current Ratio	1,37	1,77	2,61	4,6
Quick Ratio	4,98	−88,14	−3,1	−6,67
Equity Ratio	0,14	0,09	−0	0,04
Gross Profit Margin	44,98 %	24,34 %	38,42 %	52,84 %