FOSEN SJØSERVICE AS

7114 RÅKVÅG

Finances

Share Ownership

Return on Equity

−3,74 %

Current Ratio

−24,43

Debt-to-Equity Ratio

1,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	142 000	126 000	97 000	192 000
Net Income	−16 000	−50 000	20 000	50 000
Total Assets	1 161 000	1 218 000	906 000	1 948 000
Total Equity	428 000	444 000	494 000	474 000

Income (NOK)	2022	2021	2020	2019
Revenue	142 000	126 000	97 000	192 000
Expenditure	161 000	190 000	71 000	282 000
Operating Profit	−19 000	−65 000	26 000	−89 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−19 000	−65 000	26 000	−89 000
Tax	−4 000	−14 000	6 000	−139 000
Net Income	−16 000	−50 000	20 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	990 000	1 093 000	693 000	311 000
Total Current Assets	171 000	126 000	213 000	1 638 000
Total Assets	1 161 000	1 218 000	906 000	1 948 000
Total Retained Equity	−1 728 000	−1 713 000	−1 663 000	−1 683 000
Total Equity	428 000	444 000	494 000	474 000
Total Long-Term Debt	739 000	794 000	436 000	103 000
Total Current Debt	−7 000	−19 000	−24 000	1 372 000
Total Equity and Debt	1 161 000	1 218 000	906 000	1 948 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	142 000	126 000	97 000	192 000
Other Income	0	0	0	0
Revenue	142 000	126 000	97 000	192 000
Cost of Goods Sold	0	23 000	0	0
Salary Costs	0	17 000	0	0
Depreciation	103 000	69 000	45 000	35 000
Impairment	0	0	0	0
Expenditure	161 000	190 000	71 000	282 000
Operating Profit	−19 000	−65 000	26 000	−89 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−16 000	−50 000	20 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	249 000	260 000	271 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	990 000	1 093 000	693 000	311 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	990 000	1 093 000	693 000	311 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	165 000	90 000	48 000	158 000
Total Current Assets	171 000	126 000	213 000	1 638 000
Total Assets	1 161 000	1 218 000	906 000	1 948 000
Total Equity	428 000	444 000	494 000	474 000
Short-Term Group Debt	0	0	0	1 315 000
Total Long-Term Debt	739 000	794 000	436 000	103 000
Creditors	0	0	0	0
Unpaid Taxes	−7 000	−24 000	−52 000	26 000
Dividends	0	0	0	0
Other Current Debt	0	5 000	11 000	31 000
Total Current Debt	−7 000	−19 000	−24 000	1 372 000
Total Equity and Debt	1 161 000	1 218 000	906 000	1 948 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,74 %	−11,26 %	4,05 %	10,55 %
Debt-to-Equity Ratio	1,73	1,79	0,88	0,22
Operating Profit Margin	−13,38 %	−51,59 %	26,8 %	−46,35 %
Current Ratio	−24,43	−6,63	−8,88	1,19
Quick Ratio	−24,43	−6,63	−8,88	1,19
Equity Ratio	0,37	0,36	0,55	0,24
Gross Profit Margin	100 %	81,75 %	100 %	100 %