FORTH AS

0250 OSLO

Finances

Return on Equity

20,7 %

Current Ratio

0,31

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 876 000	10 318 000	5 049 000	5 197 000
Net Income	2 842 000	6 403 000	−3 540 000	7 377 000
Total Assets	19 502 000	14 609 000	6 979 000	9 096 000
Total Equity	13 727 000	10 885 000	4 482 000	8 022 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 876 000	10 318 000	5 049 000	5 197 000
Expenditure	265 000	2 479 000	1 769 000	778 000
Operating Profit	3 612 000	7 839 000	3 280 000	4 419 000
Financial Income	529 000	371 000	−6 099 000	4 000 000
Financial Costs	496 000	0	0	0
Financial Balance	33 000	371 000	−6 099 000	4 000 000
Earnings Before Tax	3 645 000	8 210 000	−2 818 000	8 419 000
Tax	802 000	1 807 000	722 000	1 042 000
Net Income	2 842 000	6 403 000	−3 540 000	7 377 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 596 000	14 605 000	6 966 000	29 000
Total Current Assets	906 000	3 000	13 000	9 067 000
Total Assets	19 502 000	14 609 000	6 979 000	9 096 000
Total Retained Equity	13 697 000	10 855 000	4 452 000	7 992 000
Total Equity	13 727 000	10 885 000	4 482 000	8 022 000
Total Long-Term Debt	2 850 000	0	0	0
Total Current Debt	2 924 000	3 723 000	2 497 000	1 073 000
Total Equity and Debt	19 502 000	14 609 000	6 979 000	9 096 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 876 000	10 318 000	5 049 000	5 197 000
Other Income	0	0	0	0
Revenue	3 876 000	10 318 000	5 049 000	5 197 000
Cost of Goods Sold	178 000	2 442 000	1 640 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	265 000	2 479 000	1 769 000	778 000
Operating Profit	3 612 000	7 839 000	3 280 000	4 419 000
Financial Income	529 000	371 000	−6 099 000	4 000 000
Financial Costs	496 000	0	0	0
Financial Balance	33 000	371 000	−6 099 000	4 000 000
Dividends	0	0	0	0
Net Income	2 842 000	6 403 000	−3 540 000	7 377 000

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	18 596 000	14 605 000	6 966 000	29 000
Total Fixed Assets	18 596 000	14 605 000	6 966 000	29 000
Stock	0	0	0	0
Total Investments	0	0	0	6 099 000
Cash, Bank	0	3 000	13 000	0
Total Current Assets	906 000	3 000	13 000	9 067 000
Total Assets	19 502 000	14 609 000	6 979 000	9 096 000
Total Equity	13 727 000	10 885 000	4 482 000	8 022 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 850 000	0	0	0
Creditors	11 000	0	29 000	27 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 700 000	1 357 000	986 000	4 000
Total Current Debt	2 924 000	3 723 000	2 497 000	1 073 000
Total Equity and Debt	19 502 000	14 609 000	6 979 000	9 096 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,7 %	58,82 %	−78,98 %	91,96 %
Debt-to-Equity Ratio	0,21	0	0	0
Operating Profit Margin	93,19 %	75,97 %	64,96 %	85,03 %
Current Ratio	0,31	0	0,01	8,45
Quick Ratio	0,31	0	0,01	8,45
Equity Ratio	0,7	0,75	0,64	0,88
Gross Profit Margin	95,41 %	76,33 %	67,52 %	100 %