FOLLA ALGER AS

8286 NORDFOLD

Finances

Return on Equity

−47,83 %

Current Ratio

1,04

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	241 000	0	460 000	0
Net Income	−1 645 000	−110 000	−93 000	−50 000
Total Assets	29 944 000	5 182 000	549 000	432 000
Total Equity	3 439 000	5 083 000	194 000	287 000

Income (NOK)	2022	2021	2020	2019
Revenue	241 000	0	460 000	0
Expenditure	1 717 000	102 000	553 000	51 000
Operating Profit	−1 476 000	−102 000	−93 000	−51 000
Financial Income	1 000	0	0	0
Financial Costs	170 000	9 000	0	0
Financial Balance	−169 000	−9 000	0	0
Earnings Before Tax	−1 645 000	−110 000	−93 000	−50 000
Tax	0	0	0	0
Net Income	−1 645 000	−110 000	−93 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 989 000	922 000	34 000	34 000
Total Current Assets	24 955 000	4 260 000	515 000	398 000
Total Assets	29 944 000	5 182 000	549 000	432 000
Total Retained Equity	−1 755 000	−110 000	0	−403 000
Total Equity	3 439 000	5 083 000	194 000	287 000
Total Long-Term Debt	2 500 000	0	0	0
Total Current Debt	24 005 000	99 000	355 000	145 000
Total Equity and Debt	29 944 000	5 182 000	549 000	432 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	241 000	0	460 000	0
Revenue	241 000	0	460 000	0
Cost of Goods Sold	64 000	0	0	0
Salary Costs	853 000	0	330 000	0
Depreciation	386 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 717 000	102 000	553 000	51 000
Operating Profit	−1 476 000	−102 000	−93 000	−51 000
Financial Income	1 000	0	0	0
Financial Costs	170 000	9 000	0	0
Financial Balance	−169 000	−9 000	0	0
Dividends	0	0	0	0
Net Income	−1 645 000	−110 000	−93 000	−50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 859 000	912 000	24 000	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 120 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 120 000	0	0	0
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	4 989 000	922 000	34 000	34 000
Stock	17 980 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 920 000	4 020 000	400 000	398 000
Total Current Assets	24 955 000	4 260 000	515 000	398 000
Total Assets	29 944 000	5 182 000	549 000	432 000
Total Equity	3 439 000	5 083 000	194 000	287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 500 000	0	0	0
Creditors	23 837 000	98 000	25 000	25 000
Unpaid Taxes	62 000	0	142 000	0
Dividends	0	0	0	0
Other Current Debt	106 000	0	188 000	120 000
Total Current Debt	24 005 000	99 000	355 000	145 000
Total Equity and Debt	29 944 000	5 182 000	549 000	432 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−47,83 %	−2,16 %	−47,94 %	−17,42 %
Debt-to-Equity Ratio	0,73	0	0	0
Operating Profit Margin	−612,45 %	-	−20,22 %	-
Current Ratio	1,04	43,03	1,45	2,74
Quick Ratio	4,14	43,03	1,45	2,74
Equity Ratio	0,11	0,98	0,35	0,66
Gross Profit Margin	73,44 %	-	100 %	-