FORAS AS

6030 LANGEVÅG

Finances

Return on Equity

−35,03 %

Current Ratio

2,07

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	723 000	1 149 000	991 000	928 000
Net Income	−172 000	167 000	640 000	108 000
Total Assets	1 791 000	2 073 000	1 826 000	1 473 000
Total Equity	491 000	663 000	698 000	495 000

Income (NOK)	2022	2021	2020	2019
Revenue	723 000	1 149 000	991 000	928 000
Expenditure	634 000	805 000	509 000	486 000
Operating Profit	89 000	344 000	423 000	391 000
Financial Income	28 000	219 000	803 000	293 000
Financial Costs	269 000	326 000	534 000	491 000
Financial Balance	−241 000	−107 000	269 000	−198 000
Earnings Before Tax	−152 000	236 000	692 000	193 000
Tax	20 000	69 000	52 000	85 000
Net Income	−172 000	167 000	640 000	108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 791 000	2 073 000	1 826 000	1 473 000
Total Assets	1 791 000	2 073 000	1 826 000	1 473 000
Total Retained Equity	466 000	638 000	674 000	470 000
Total Equity	491 000	663 000	698 000	495 000
Total Long-Term Debt	435 000	458 000	308 000	497 000
Total Current Debt	866 000	953 000	819 000	481 000
Total Equity and Debt	1 791 000	2 073 000	1 826 000	1 473 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	723 000	1 149 000	941 000	928 000
Other Income	0	0	50 000	0
Revenue	723 000	1 149 000	991 000	928 000
Cost of Goods Sold	0	0	0	0
Salary Costs	484 000	452 000	247 000	261 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	634 000	805 000	509 000	486 000
Operating Profit	89 000	344 000	423 000	391 000
Financial Income	28 000	219 000	803 000	293 000
Financial Costs	269 000	326 000	534 000	491 000
Financial Balance	−241 000	−107 000	269 000	−198 000
Dividends	0	0	250 000	0
Net Income	−172 000	167 000	640 000	108 000

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	1 595 000	1 498 000	1 249 000	1 107 000
Cash, Bank	13 000	16 000	9 000	10 000
Total Current Assets	1 791 000	2 073 000	1 826 000	1 473 000
Total Assets	1 791 000	2 073 000	1 826 000	1 473 000
Total Equity	491 000	663 000	698 000	495 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	435 000	458 000	308 000	497 000
Creditors	0	21 000	3 000	29 000
Unpaid Taxes	234 000	261 000	204 000	226 000
Dividends	0	0	250 000	0
Other Current Debt	601 000	658 000	612 000	144 000
Total Current Debt	866 000	953 000	819 000	481 000
Total Equity and Debt	1 791 000	2 073 000	1 826 000	1 473 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,03 %	25,19 %	91,69 %	21,82 %
Debt-to-Equity Ratio	0,89	0,69	0,44	1
Operating Profit Margin	12,31 %	29,94 %	42,68 %	42,13 %
Current Ratio	2,07	2,18	2,23	3,06
Quick Ratio	2,07	2,18	2,23	3,06
Equity Ratio	0,27	0,32	0,38	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %