FOREFENCE AS

0777 OSLO

Finances

Share Ownership

Return on Equity

55,53 %

Current Ratio

0,18

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 308 000	6 102 000	4 070 000	4 329 000
Net Income	−1 029 000	−1 106 000	−2 138 000	−617 000
Total Assets	731 000	1 000 000	738 000	918 000
Total Equity	−1 853 000	−641 000	−64 000	574 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 308 000	6 102 000	4 070 000	4 329 000
Expenditure	5 287 000	7 125 000	6 166 000	4 909 000
Operating Profit	−978 000	−1 024 000	−2 095 000	−579 000
Financial Income	2 000	0	0	0
Financial Costs	53 000	82 000	43 000	38 000
Financial Balance	−51 000	−82 000	−43 000	−38 000
Earnings Before Tax	−1 029 000	−1 106 000	−2 138 000	−617 000
Tax	0	0	0	0
Net Income	−1 029 000	−1 106 000	−2 138 000	−617 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	275 000	11 000	19 000	6 000
Total Current Assets	457 000	988 000	719 000	912 000
Total Assets	731 000	1 000 000	738 000	918 000
Total Retained Equity	−6 712 000	−5 500 000	−4 394 000	−2 256 000
Total Equity	−1 853 000	−641 000	−64 000	574 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 585 000	1 640 000	802 000	344 000
Total Equity and Debt	731 000	1 000 000	738 000	918 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 308 000	6 102 000	4 070 000	4 292 000
Other Income	0	0	0	37 000
Revenue	4 308 000	6 102 000	4 070 000	4 329 000
Cost of Goods Sold	2 589 000	3 532 000	2 634 000	3 009 000
Salary Costs	1 520 000	1 835 000	2 231 000	291 000
Depreciation	60 000	8 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	5 287 000	7 125 000	6 166 000	4 909 000
Operating Profit	−978 000	−1 024 000	−2 095 000	−579 000
Financial Income	2 000	0	0	0
Financial Costs	53 000	82 000	43 000	38 000
Financial Balance	−51 000	−82 000	−43 000	−38 000
Dividends	0	0	0	0
Net Income	−1 029 000	−1 106 000	−2 138 000	−617 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	275 000	11 000	19 000	6 000
Total Tangible Assets	275 000	11 000	19 000	6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	275 000	11 000	19 000	6 000
Stock	299 000	736 000	755 000	241 000
Total Investments	0	0	0	0
Cash, Bank	43 000	−81 000	−324 000	551 000
Total Current Assets	457 000	988 000	719 000	912 000
Total Assets	731 000	1 000 000	738 000	918 000
Total Equity	−1 853 000	−641 000	−64 000	574 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	617 000	543 000	450 000	304 000
Unpaid Taxes	128 000	169 000	176 000	36 000
Dividends	0	0	0	0
Other Current Debt	853 000	400 000	176 000	4 000
Total Current Debt	2 585 000	1 640 000	802 000	344 000
Total Equity and Debt	731 000	1 000 000	738 000	918 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,53 %	172,54 %	3 340,63 %	−107,49 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−22,7 %	−16,78 %	−51,47 %	−13,37 %
Current Ratio	0,18	0,6	0,9	2,65
Quick Ratio	0,2	1,09	15,3	8,85
Equity Ratio	−2,53	−0,64	−0,09	0,63
Gross Profit Margin	39,9 %	42,12 %	35,28 %	30,49 %