FOLLA TECH AS

7796 FOLLAFOSS

Finances

Share Ownership

Return on Equity

133,54 %

Current Ratio

1,2

Debt-to-Equity Ratio

10,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 771 000	81 077 000	92 314 000	93 164 000
Net Income	2 835 000	−12 937 000	−7 126 000	−322 000
Total Assets	54 045 000	55 633 000	65 265 000	68 016 000
Total Equity	2 123 000	−2 581 000	10 820 000	17 662 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 771 000	81 077 000	92 314 000	93 164 000
Expenditure	85 896 000	101 183 000	97 684 000	92 394 000
Operating Profit	4 875 000	−20 105 000	−5 370 000	771 000
Financial Income	271 000	9 330 000	923 000	186 000
Financial Costs	2 776 000	1 065 000	1 838 000	1 621 000
Financial Balance	−2 505 000	8 265 000	−915 000	−1 435 000
Earnings Before Tax	2 370 000	−11 840 000	−6 285 000	−664 000
Tax	−465 000	1 097 000	842 000	−342 000
Net Income	2 835 000	−12 937 000	−7 126 000	−322 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 643 000	22 467 000	24 849 000	27 592 000
Total Current Assets	36 402 000	33 167 000	40 416 000	40 424 000
Total Assets	54 045 000	55 633 000	65 265 000	68 016 000
Total Retained Equity	180 000	−4 524 000	8 877 000	15 719 000
Total Equity	2 123 000	−2 581 000	10 820 000	17 662 000
Total Long-Term Debt	21 666 000	24 888 000	32 592 000	25 875 000
Total Current Debt	30 256 000	33 326 000	21 853 000	24 480 000
Total Equity and Debt	54 045 000	55 633 000	65 265 000	68 016 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	90 758 000	81 077 000	92 314 000	93 164 000
Other Income	13 000	0	0	0
Revenue	90 771 000	81 077 000	92 314 000	93 164 000
Cost of Goods Sold	18 003 000	20 365 000	20 396 000	19 792 000
Salary Costs	45 945 000	43 438 000	53 944 000	55 557 000
Depreciation	2 153 000	2 017 000	2 256 000	1 355 000
Impairment	0	0	0	0
Expenditure	85 896 000	101 183 000	97 684 000	92 394 000
Operating Profit	4 875 000	−20 105 000	−5 370 000	771 000
Financial Income	271 000	9 330 000	923 000	186 000
Financial Costs	2 776 000	1 065 000	1 838 000	1 621 000
Financial Balance	−2 505 000	8 265 000	−915 000	−1 435 000
Dividends	0	0	0	0
Net Income	2 835 000	−12 937 000	−7 126 000	−322 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	−6 937 000	−9 910 000
Total Intangible Assets	1 950 000	0	−2 213 000	−1 903 000
Real Eastate	517 000	656 000	1 614 000	2 328 000
Machinery and Plant Facilities	10 631 000	8 428 000	23 148 000	26 402 000
Fixtures	2 145 000	1 679 000	2 209 000	675 000
Total Tangible Assets	13 292 000	10 764 000	26 972 000	29 405 000
Total Fiancial Fixed Assets	2 400 000	11 703 000	90 000	90 000
Total Fixed Assets	17 643 000	22 467 000	24 849 000	27 592 000
Stock	11 369 000	8 873 000	11 721 000	13 393 000
Total Investments	0	0	0	0
Cash, Bank	7 148 000	4 609 000	6 894 000	2 972 000
Total Current Assets	36 402 000	33 167 000	40 416 000	40 424 000
Total Assets	54 045 000	55 633 000	65 265 000	68 016 000
Total Equity	2 123 000	−2 581 000	10 820 000	17 662 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 666 000	24 888 000	32 592 000	25 875 000
Creditors	6 700 000	3 684 000	4 406 000	8 436 000
Unpaid Taxes	2 592 000	3 057 000	4 206 000	7 472 000
Dividends	0	0	0	0
Other Current Debt	9 608 000	16 787 000	10 878 000	8 325 000
Total Current Debt	30 256 000	33 326 000	21 853 000	24 480 000
Total Equity and Debt	54 045 000	55 633 000	65 265 000	68 016 000

Financial indicators	2022	2021	2020	2019
Return on Equity	133,54 %	501,24 %	−65,86 %	−1,82 %
Debt-to-Equity Ratio	10,21	−9,64	3,01	1,47
Operating Profit Margin	5,37 %	−24,8 %	−5,82 %	0,83 %
Current Ratio	1,2	1	1,85	1,65
Quick Ratio	1,93	1,36	3,99	3,65
Equity Ratio	0,04	−0,05	0,17	0,26
Gross Profit Margin	80,17 %	74,88 %	77,91 %	78,76 %