FOSSAN MASKINSERVICE AS

4323 SANDNES

Finances

Share Ownership

Return on Equity

167,23 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 879 000	4 562 000	5 261 000	4 587 000
Net Income	597 000	−185 000	421 000	5 000
Total Assets	2 339 000	1 184 000	2 393 000	1 803 000
Total Equity	357 000	99 000	272 000	246 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 879 000	4 562 000	5 261 000	4 587 000
Expenditure	6 091 000	4 769 000	4 691 000	4 555 000
Operating Profit	789 000	−208 000	570 000	31 000
Financial Income	0	0	0	0
Financial Costs	20 000	22 000	27 000	19 000
Financial Balance	−20 000	−22 000	−27 000	−19 000
Earnings Before Tax	769 000	−229 000	542 000	12 000
Tax	172 000	−44 000	121 000	8 000
Net Income	597 000	−185 000	421 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	117 000	84 000	99 000
Total Current Assets	2 298 000	1 067 000	2 309 000	1 704 000
Total Assets	2 339 000	1 184 000	2 393 000	1 803 000
Total Retained Equity	257 000	−1 000	72 000	46 000
Total Equity	357 000	99 000	272 000	246 000
Total Long-Term Debt	318 000	405 000	506 000	584 000
Total Current Debt	1 663 000	681 000	1 616 000	973 000
Total Equity and Debt	2 339 000	1 184 000	2 393 000	1 803 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 681 000	4 472 000	4 909 000	4 248 000
Other Income	198 000	90 000	352 000	339 000
Revenue	6 879 000	4 562 000	5 261 000	4 587 000
Cost of Goods Sold	2 660 000	2 006 000	2 110 000	1 885 000
Salary Costs	1 567 000	1 390 000	1 448 000	1 276 000
Depreciation	0	8 000	5 000	9 000
Impairment	0	0	0	0
Expenditure	6 091 000	4 769 000	4 691 000	4 555 000
Operating Profit	789 000	−208 000	570 000	31 000
Financial Income	0	0	0	0
Financial Costs	20 000	22 000	27 000	19 000
Financial Balance	−20 000	−22 000	−27 000	−19 000
Dividends	0	0	0	0
Net Income	597 000	−185 000	421 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	117 000	76 000	86 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	8 000	13 000
Total Tangible Assets	0	0	8 000	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	41 000	117 000	84 000	99 000
Stock	181 000	239 000	224 000	244 000
Total Investments	0	0	0	0
Cash, Bank	245 000	244 000	432 000	443 000
Total Current Assets	2 298 000	1 067 000	2 309 000	1 704 000
Total Assets	2 339 000	1 184 000	2 393 000	1 803 000
Total Equity	357 000	99 000	272 000	246 000
Short-Term Group Debt	434 000	0	0	0
Total Long-Term Debt	318 000	405 000	506 000	584 000
Creditors	660 000	319 000	711 000	537 000
Unpaid Taxes	215 000	170 000	196 000	195 000
Dividends	0	0	0	0
Other Current Debt	354 000	191 000	708 000	240 000
Total Current Debt	1 663 000	681 000	1 616 000	973 000
Total Equity and Debt	2 339 000	1 184 000	2 393 000	1 803 000

Financial indicators	2022	2021	2020	2019
Return on Equity	167,23 %	−186,87 %	154,78 %	2,03 %
Debt-to-Equity Ratio	0,89	4,09	1,86	2,37
Operating Profit Margin	11,47 %	−4,56 %	10,83 %	0,68 %
Current Ratio	1,38	1,57	1,43	1,75
Quick Ratio	1,55	2,41	1,66	2,34
Equity Ratio	0,15	0,08	0,11	0,14
Gross Profit Margin	61,33 %	56,03 %	59,89 %	58,91 %