FOSSEN NORD AS

9801 VADSØ

Finances

Return on Equity

10,22 %

Current Ratio

1,09

Debt-to-Equity Ratio

−1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−28 000	−27 000	−25 000	−1 038 000
Total Assets	132 000	130 000	140 000	135 000
Total Equity	−274 000	−246 000	−219 000	−194 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	28 000	27 000	25 000	76 000
Operating Profit	−28 000	−27 000	−25 000	−76 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	0	1 000	962 000
Financial Balance	−1 000	0	0	−962 000
Earnings Before Tax	−28 000	−27 000	−25 000	−1 038 000
Tax	0	0	0	0
Net Income	−28 000	−27 000	−25 000	−1 038 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	132 000	130 000	140 000	135 000
Total Assets	132 000	130 000	140 000	135 000
Total Retained Equity	−405 000	−377 000	−350 000	−325 000
Total Equity	−274 000	−246 000	−219 000	−194 000
Total Long-Term Debt	285 000	285 000	285 000	325 000
Total Current Debt	121 000	91 000	74 000	4 000
Total Equity and Debt	132 000	130 000	140 000	135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	28 000	27 000	25 000	76 000
Operating Profit	−28 000	−27 000	−25 000	−76 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	0	1 000	962 000
Financial Balance	−1 000	0	0	−962 000
Dividends	0	0	0	0
Net Income	−28 000	−27 000	−25 000	−1 038 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	0	10 000	4 000
Total Current Assets	132 000	130 000	140 000	135 000
Total Assets	132 000	130 000	140 000	135 000
Total Equity	−274 000	−246 000	−219 000	−194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	285 000	285 000	285 000	325 000
Creditors	3 000	2 000	3 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	118 000	89 000	71 000	0
Total Current Debt	121 000	91 000	74 000	4 000
Total Equity and Debt	132 000	130 000	140 000	135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,22 %	10,98 %	11,42 %	535,05 %
Debt-to-Equity Ratio	−1,04	−1,16	−1,3	−1,68
Operating Profit Margin	-	-	-	-
Current Ratio	1,09	1,43	1,89	33,75
Quick Ratio	1,09	1,43	1,89	33,75
Equity Ratio	−2,08	−1,89	−1,56	−1,44
Gross Profit Margin	-	-	-	-