FOLKETS HUS NARVIK AS

8514 NARVIK

Finances

Return on Equity

15,94 %

Current Ratio

1,51

Debt-to-Equity Ratio

3,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 598 000	5 609 000	5 075 000	5 104 000
Net Income	544 000	188 000	96 000	277 000
Total Assets	16 553 000	14 880 000	14 139 000	13 957 000
Total Equity	3 413 000	2 869 000	2 681 000	2 585 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 598 000	5 609 000	5 075 000	5 104 000
Expenditure	10 750 000	5 154 000	4 735 000	4 511 000
Operating Profit	848 000	454 000	340 000	593 000
Financial Income	96 000	26 000	5 000	9 000
Financial Costs	244 000	239 000	221 000	244 000
Financial Balance	−148 000	−213 000	−216 000	−235 000
Earnings Before Tax	700 000	241 000	124 000	359 000
Tax	156 000	53 000	28 000	82 000
Net Income	544 000	188 000	96 000	277 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 684 000	14 095 000	13 246 000	12 988 000
Total Current Assets	2 869 000	785 000	893 000	969 000
Total Assets	16 553 000	14 880 000	14 139 000	13 957 000
Total Retained Equity	2 344 000	1 800 000	1 612 000	1 516 000
Total Equity	3 413 000	2 869 000	2 681 000	2 585 000
Total Long-Term Debt	11 241 000	11 471 000	10 635 000	10 738 000
Total Current Debt	1 900 000	540 000	823 000	634 000
Total Equity and Debt	16 553 000	14 880 000	14 139 000	13 957 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 830 000	3 648 000	3 440 000	3 745 000
Other Income	6 768 000	1 960 000	1 635 000	1 359 000
Revenue	11 598 000	5 609 000	5 075 000	5 104 000
Cost of Goods Sold	1 598 000	17 000	10 000	27 000
Salary Costs	3 158 000	197 000	145 000	211 000
Depreciation	992 000	919 000	838 000	635 000
Impairment	0	0	0	0
Expenditure	10 750 000	5 154 000	4 735 000	4 511 000
Operating Profit	848 000	454 000	340 000	593 000
Financial Income	96 000	26 000	5 000	9 000
Financial Costs	244 000	239 000	221 000	244 000
Financial Balance	−148 000	−213 000	−216 000	−235 000
Dividends	0	0	0	0
Net Income	544 000	188 000	96 000	277 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 098 000	11 406 000	11 130 000	10 905 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 344 000	2 446 000	1 874 000	1 840 000
Total Tangible Assets	13 442 000	13 853 000	13 004 000	12 746 000
Total Fiancial Fixed Assets	242 000	242 000	242 000	242 000
Total Fixed Assets	13 684 000	14 095 000	13 246 000	12 988 000
Stock	139 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 845 000	98 000	182 000	420 000
Total Current Assets	2 869 000	785 000	893 000	969 000
Total Assets	16 553 000	14 880 000	14 139 000	13 957 000
Total Equity	3 413 000	2 869 000	2 681 000	2 585 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 241 000	11 471 000	10 635 000	10 738 000
Creditors	1 470 000	383 000	728 000	601 000
Unpaid Taxes	193 000	45 000	0	17 000
Dividends	0	0	0	0
Other Current Debt	54 000	42 000	95 000	17 000
Total Current Debt	1 900 000	540 000	823 000	634 000
Total Equity and Debt	16 553 000	14 880 000	14 139 000	13 957 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,94 %	6,55 %	3,58 %	10,72 %
Debt-to-Equity Ratio	3,29	4	3,97	4,15
Operating Profit Margin	7,31 %	8,09 %	6,7 %	11,62 %
Current Ratio	1,51	1,45	1,09	1,53
Quick Ratio	1,63	1,45	1,09	1,53
Equity Ratio	0,21	0,19	0,19	0,19
Gross Profit Margin	86,22 %	99,7 %	99,8 %	99,47 %