FOLLAUG EIENDOM AS

3928 PORSGRUNN

Finances

Return on Equity

2,21 %

Current Ratio

166,28

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	30 000	326 000	838 000
Net Income	208 000	376 000	−1 145 000	226 000
Total Assets	9 836 000	10 246 000	10 047 000	12 145 000
Total Equity	9 413 000	9 205 000	9 329 000	10 474 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	30 000	326 000	838 000
Expenditure	342 000	290 000	1 911 000	666 000
Operating Profit	−341 000	−259 000	−1 585 000	172 000
Financial Income	486 000	588 000	103 000	107 000
Financial Costs	0	0	0	5 000
Financial Balance	486 000	588 000	103 000	102 000
Earnings Before Tax	145 000	329 000	−1 483 000	275 000
Tax	−63 000	−46 000	−338 000	49 000
Net Income	208 000	376 000	−1 145 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 686 000	2 756 000	2 848 000	10 541 000
Total Current Assets	7 150 000	7 490 000	7 199 000	1 603 000
Total Assets	9 836 000	10 246 000	10 047 000	12 145 000
Total Retained Equity	6 455 000	6 247 000	6 371 000	7 516 000
Total Equity	9 413 000	9 205 000	9 329 000	10 474 000
Total Long-Term Debt	380 000	463 000	563 000	989 000
Total Current Debt	43 000	578 000	156 000	681 000
Total Equity and Debt	9 836 000	10 246 000	10 047 000	12 145 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	30 000	326 000	838 000
Revenue	0	30 000	326 000	838 000
Cost of Goods Sold	0	0	0	0
Salary Costs	151 000	80 000	157 000	131 000
Depreciation	67 000	67 000	223 000	228 000
Impairment	0	0	0	0
Expenditure	342 000	290 000	1 911 000	666 000
Operating Profit	−341 000	−259 000	−1 585 000	172 000
Financial Income	486 000	588 000	103 000	107 000
Financial Costs	0	0	0	5 000
Financial Balance	486 000	588 000	103 000	102 000
Dividends	0	0	0	188 000
Net Income	208 000	376 000	−1 145 000	226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	8 294 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	523 000	589 000	656 000	46 000
Total Tangible Assets	523 000	589 000	656 000	8 340 000
Total Fiancial Fixed Assets	2 163 000	2 167 000	2 192 000	2 201 000
Total Fixed Assets	2 686 000	2 756 000	2 848 000	10 541 000
Stock	0	0	0	0
Total Investments	6 823 000	6 801 000	6 736 000	936 000
Cash, Bank	11 000	371 000	170 000	113 000
Total Current Assets	7 150 000	7 490 000	7 199 000	1 603 000
Total Assets	9 836 000	10 246 000	10 047 000	12 145 000
Total Equity	9 413 000	9 205 000	9 329 000	10 474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	380 000	463 000	563 000	989 000
Creditors	0	0	0	0
Unpaid Taxes	6 000	31 000	93 000	89 000
Dividends	0	0	0	188 000
Other Current Debt	16 000	495 000	−26 000	557 000
Total Current Debt	43 000	578 000	156 000	681 000
Total Equity and Debt	9 836 000	10 246 000	10 047 000	12 145 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,21 %	4,08 %	−12,27 %	2,16 %
Debt-to-Equity Ratio	0,04	0,05	0,06	0,09
Operating Profit Margin	-	−863,33 %	−486,2 %	20,53 %
Current Ratio	166,28	12,96	46,15	2,35
Quick Ratio	166,28	12,96	46,15	2,35
Equity Ratio	0,96	0,9	0,93	0,86
Gross Profit Margin	-	100 %	100 %	100 %