FOSEN AS

7125 VANVIKAN

Finances

Share Ownership

Return on Equity

26,88 %

Current Ratio

2,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 500 000	9 115 000	7 464 000	5 238 000
Net Income	429 000	159 000	304 000	181 000
Total Assets	2 855 000	1 670 000	1 460 000	1 072 000
Total Equity	1 596 000	1 168 000	1 008 000	704 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 500 000	9 115 000	7 464 000	5 238 000
Expenditure	11 953 000	8 911 000	7 077 000	5 004 000
Operating Profit	547 000	203 000	388 000	235 000
Financial Income	3 000	1 000	1 000	1 000
Financial Costs	0	0	0	3 000
Financial Balance	3 000	1 000	1 000	−2 000
Earnings Before Tax	550 000	204 000	389 000	233 000
Tax	121 000	45 000	86 000	51 000
Net Income	429 000	159 000	304 000	181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	10 000	10 000	14 000
Total Current Assets	2 845 000	1 660 000	1 450 000	1 057 000
Total Assets	2 855 000	1 670 000	1 460 000	1 072 000
Total Retained Equity	1 566 000	1 138 000	978 000	674 000
Total Equity	1 596 000	1 168 000	1 008 000	704 000
Total Long-Term Debt	2 000	3 000	3 000	3 000
Total Current Debt	1 256 000	500 000	449 000	364 000
Total Equity and Debt	2 855 000	1 670 000	1 460 000	1 072 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 499 000	9 115 000	7 453 000	5 218 000
Other Income	0	0	11 000	21 000
Revenue	12 500 000	9 115 000	7 464 000	5 238 000
Cost of Goods Sold	9 982 000	7 341 000	5 982 000	4 183 000
Salary Costs	1 519 000	1 192 000	658 000	455 000
Depreciation	0	0	4 000	11 000
Impairment	0	0	1 000	0
Expenditure	11 953 000	8 911 000	7 077 000	5 004 000
Operating Profit	547 000	203 000	388 000	235 000
Financial Income	3 000	1 000	1 000	1 000
Financial Costs	0	0	0	3 000
Financial Balance	3 000	1 000	1 000	−2 000
Dividends	0	0	0	0
Net Income	429 000	159 000	304 000	181 000

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	10 000	10 000	10 000	14 000
Fixtures	0	0	0	0
Total Tangible Assets	10 000	10 000	10 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000	10 000	10 000	14 000
Stock	423 000	260 000	133 000	106 000
Total Investments	0	0	0	0
Cash, Bank	1 689 000	863 000	866 000	562 000
Total Current Assets	2 845 000	1 660 000	1 450 000	1 057 000
Total Assets	2 855 000	1 670 000	1 460 000	1 072 000
Total Equity	1 596 000	1 168 000	1 008 000	704 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	3 000	3 000	3 000
Creditors	684 000	278 000	288 000	228 000
Unpaid Taxes	325 000	85 000	75 000	72 000
Dividends	0	0	0	0
Other Current Debt	126 000	93 000	0	0
Total Current Debt	1 256 000	500 000	449 000	364 000
Total Equity and Debt	2 855 000	1 670 000	1 460 000	1 072 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,88 %	13,61 %	30,16 %	25,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,38 %	2,23 %	5,2 %	4,49 %
Current Ratio	2,27	3,32	3,23	2,9
Quick Ratio	3,42	6,92	4,59	4,1
Equity Ratio	0,56	0,7	0,69	0,66
Gross Profit Margin	20,14 %	19,46 %	19,86 %	20,14 %