FOLLOPRO AS

1408 KRÅKSTAD

Finances

Return on Equity

16,53 %

Current Ratio

9,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 000 000	1 404 000	1 096 000	365 000
Net Income	283 000	−45 000	−22 000	−285 000
Total Assets	1 911 000	1 629 000	1 632 000	1 576 000
Total Equity	1 712 000	1 429 000	1 474 000	1 496 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 000 000	1 404 000	1 096 000	365 000
Expenditure	1 706 000	1 329 000	1 127 000	694 000
Operating Profit	293 000	76 000	−30 000	−329 000
Financial Income	6 000	2 000	3 000	9 000
Financial Costs	0	1 000	0	2 000
Financial Balance	6 000	1 000	3 000	7 000
Earnings Before Tax	299 000	77 000	−28 000	−322 000
Tax	16 000	123 000	−6 000	−38 000
Net Income	283 000	−45 000	−22 000	−285 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 000	49 000	192 000	207 000
Total Current Assets	1 840 000	1 580 000	1 440 000	1 369 000
Total Assets	1 911 000	1 629 000	1 632 000	1 576 000
Total Retained Equity	1 612 000	1 329 000	1 374 000	1 396 000
Total Equity	1 712 000	1 429 000	1 474 000	1 496 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	199 000	200 000	158 000	80 000
Total Equity and Debt	1 911 000	1 629 000	1 632 000	1 576 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000 000	1 404 000	1 096 000	348 000
Other Income	0	0	0	17 000
Revenue	2 000 000	1 404 000	1 096 000	365 000
Cost of Goods Sold	719 000	484 000	380 000	12 000
Salary Costs	678 000	616 000	496 000	257 000
Depreciation	12 000	11 000	11 000	63 000
Impairment	0	0	0	0
Expenditure	1 706 000	1 329 000	1 127 000	694 000
Operating Profit	293 000	76 000	−30 000	−329 000
Financial Income	6 000	2 000	3 000	9 000
Financial Costs	0	1 000	0	2 000
Financial Balance	6 000	1 000	3 000	7 000
Dividends	0	0	0	0
Net Income	283 000	−45 000	−22 000	−285 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	123 000	117 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	39 000	6 000	17 000	28 000
Total Tangible Assets	39 000	6 000	17 000	28 000
Total Fiancial Fixed Assets	33 000	43 000	53 000	63 000
Total Fixed Assets	72 000	49 000	192 000	207 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 713 000	1 336 000	1 395 000	1 350 000
Total Current Assets	1 840 000	1 580 000	1 440 000	1 369 000
Total Assets	1 911 000	1 629 000	1 632 000	1 576 000
Total Equity	1 712 000	1 429 000	1 474 000	1 496 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	37 000	21 000	17 000
Unpaid Taxes	97 000	100 000	84 000	36 000
Dividends	0	0	0	0
Other Current Debt	74 000	63 000	54 000	28 000
Total Current Debt	199 000	200 000	158 000	80 000
Total Equity and Debt	1 911 000	1 629 000	1 632 000	1 576 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,53 %	−3,15 %	−1,49 %	−19,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,65 %	5,41 %	−2,74 %	−90,14 %
Current Ratio	9,25	7,9	9,11	17,11
Quick Ratio	9,25	7,9	9,11	17,11
Equity Ratio	0,9	0,88	0,9	0,95
Gross Profit Margin	64,05 %	65,53 %	65,33 %	96,71 %