FOLKEFIENDER AS

1412 SOFIEMYR

Finances

Share Ownership

Return on Equity

107,14 %

Current Ratio

0,25

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 000	32 000	94 000	113 000
Net Income	15 000	4 000	−46 000	7 000
Total Assets	34 000	2 000	12 000	42 000
Total Equity	14 000	−1 000	−5 000	41 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 000	32 000	94 000	113 000
Expenditure	42 000	29 000	152 000	105 000
Operating Profit	15 000	4 000	−59 000	9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	15 000	4 000	−59 000	9 000
Tax	0	0	−13 000	2 000
Net Income	15 000	4 000	−46 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	12 000	12 000	0
Total Current Assets	4 000	−10 000	0	42 000
Total Assets	34 000	2 000	12 000	42 000
Total Retained Equity	−16 000	−31 000	−35 000	11 000
Total Equity	14 000	−1 000	−5 000	41 000
Total Long-Term Debt	4 000	3 000	16 000	0
Total Current Debt	16 000	0	1 000	1 000
Total Equity and Debt	34 000	2 000	12 000	42 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 000	20 000	94 000	113 000
Other Income	13 000	13 000	0	0
Revenue	56 000	32 000	94 000	113 000
Cost of Goods Sold	31 000	1 000	98 000	54 000
Salary Costs	0	0	0	2 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	42 000	29 000	152 000	105 000
Operating Profit	15 000	4 000	−59 000	9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	15 000	4 000	−46 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	12 000	12 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	0	0	0
Total Tangible Assets	18 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	12 000	12 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	7 000	0	11 000
Total Current Assets	4 000	−10 000	0	42 000
Total Assets	34 000	2 000	12 000	42 000
Total Equity	14 000	−1 000	−5 000	41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	3 000	16 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	16 000	0	0	0
Total Current Debt	16 000	0	1 000	1 000
Total Equity and Debt	34 000	2 000	12 000	42 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,14 %	−400 %	920 %	17,07 %
Debt-to-Equity Ratio	0,29	−3	−3,2	0
Operating Profit Margin	26,79 %	12,5 %	−62,77 %	7,96 %
Current Ratio	0,25	-	0	42
Quick Ratio	0,25	-	0	42
Equity Ratio	0,41	−0,5	−0,42	0,98
Gross Profit Margin	44,64 %	96,88 %	−4,26 %	52,21 %