FETSUND VEISERVICE AS

1900 FETSUND

Finances

Return on Equity

−26,03 %

Current Ratio

0,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 296 000	11 502 000	11 134 000	10 294 000
Net Income	−114 000	155 000	87 000	−158 000
Total Assets	2 136 000	1 893 000	1 654 000	1 464 000
Total Equity	438 000	551 000	159 000	72 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 296 000	11 502 000	11 134 000	10 294 000
Expenditure	11 416 000	11 288 000	10 989 000	10 478 000
Operating Profit	−119 000	214 000	145 000	−185 000
Financial Income	0	0	0	0
Financial Costs	27 000	16 000	33 000	18 000
Financial Balance	−27 000	−16 000	−33 000	−18 000
Earnings Before Tax	−146 000	198 000	112 000	−203 000
Tax	−32 000	44 000	25 000	−45 000
Net Income	−114 000	155 000	87 000	−158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 068 000	324 000	385 000	383 000
Total Current Assets	1 068 000	1 569 000	1 269 000	1 080 000
Total Assets	2 136 000	1 893 000	1 654 000	1 464 000
Total Retained Equity	158 000	271 000	129 000	42 000
Total Equity	438 000	551 000	159 000	72 000
Total Long-Term Debt	0	0	0	200 000
Total Current Debt	1 699 000	1 342 000	1 495 000	1 192 000
Total Equity and Debt	2 136 000	1 893 000	1 654 000	1 464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 522 000	10 711 000	10 377 000	9 510 000
Other Income	775 000	791 000	757 000	784 000
Revenue	11 296 000	11 502 000	11 134 000	10 294 000
Cost of Goods Sold	5 275 000	5 709 000	5 649 000	5 286 000
Salary Costs	2 972 000	2 808 000	2 662 000	2 867 000
Depreciation	52 000	84 000	96 000	98 000
Impairment	0	0	0	0
Expenditure	11 416 000	11 288 000	10 989 000	10 478 000
Operating Profit	−119 000	214 000	145 000	−185 000
Financial Income	0	0	0	0
Financial Costs	27 000	16 000	33 000	18 000
Financial Balance	−27 000	−16 000	−33 000	−18 000
Dividends	0	0	0	0
Net Income	−114 000	155 000	87 000	−158 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	80 000	48 000	81 000	106 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	85 000	136 000	194 000	168 000
Total Tangible Assets	85 000	136 000	194 000	168 000
Total Fiancial Fixed Assets	903 000	140 000	110 000	110 000
Total Fixed Assets	1 068 000	324 000	385 000	383 000
Stock	525 000	598 000	672 000	620 000
Total Investments	0	0	0	0
Cash, Bank	181 000	763 000	328 000	201 000
Total Current Assets	1 068 000	1 569 000	1 269 000	1 080 000
Total Assets	2 136 000	1 893 000	1 654 000	1 464 000
Total Equity	438 000	551 000	159 000	72 000
Short-Term Group Debt	0	16 000	0	0
Total Long-Term Debt	0	0	0	200 000
Creditors	748 000	799 000	685 000	534 000
Unpaid Taxes	200 000	221 000	212 000	160 000
Dividends	0	0	0	0
Other Current Debt	337 000	296 000	327 000	288 000
Total Current Debt	1 699 000	1 342 000	1 495 000	1 192 000
Total Equity and Debt	2 136 000	1 893 000	1 654 000	1 464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,03 %	28,13 %	54,72 %	−219,44 %
Debt-to-Equity Ratio	0	0	0	2,78
Operating Profit Margin	−1,05 %	1,86 %	1,3 %	−1,8 %
Current Ratio	0,63	1,17	0,85	0,91
Quick Ratio	0,91	2,11	1,54	1,89
Equity Ratio	0,21	0,29	0,1	0,05
Gross Profit Margin	53,3 %	50,37 %	49,26 %	48,65 %