FOLIETEC AS

6894 VANGSNES

Finances

Return on Equity

55,43 %

Current Ratio

2,18

Debt-to-Equity Ratio

0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 151 000	4 655 000	4 031 000	4 299 000
Net Income	332 000	203 000	334 000	−65 000
Total Assets	1 989 000	1 623 000	1 319 000	1 334 000
Total Equity	599 000	268 000	64 000	−270 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 151 000	4 655 000	4 031 000	4 299 000
Expenditure	4 766 000	4 412 000	3 646 000	4 303 000
Operating Profit	385 000	242 000	385 000	−4 000
Financial Income	4 000	5 000	0	1 000
Financial Costs	47 000	44 000	52 000	62 000
Financial Balance	−43 000	−39 000	−52 000	−61 000
Earnings Before Tax	342 000	203 000	334 000	−65 000
Tax	10 000	0	0	0
Net Income	332 000	203 000	334 000	−65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	175 000	144 000	148 000	163 000
Total Current Assets	1 814 000	1 480 000	1 171 000	1 171 000
Total Assets	1 989 000	1 623 000	1 319 000	1 334 000
Total Retained Equity	199 000	−132 000	−336 000	−670 000
Total Equity	599 000	268 000	64 000	−270 000
Total Long-Term Debt	556 000	630 000	710 000	783 000
Total Current Debt	833 000	725 000	545 000	821 000
Total Equity and Debt	1 989 000	1 623 000	1 319 000	1 334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 131 000	4 647 000	4 027 000	4 298 000
Other Income	20 000	7 000	4 000	1 000
Revenue	5 151 000	4 655 000	4 031 000	4 299 000
Cost of Goods Sold	2 051 000	2 073 000	1 685 000	2 240 000
Salary Costs	1 545 000	1 146 000	1 036 000	1 151 000
Depreciation	28 000	21 000	18 000	7 000
Impairment	0	0	0	0
Expenditure	4 766 000	4 412 000	3 646 000	4 303 000
Operating Profit	385 000	242 000	385 000	−4 000
Financial Income	4 000	5 000	0	1 000
Financial Costs	47 000	44 000	52 000	62 000
Financial Balance	−43 000	−39 000	−52 000	−61 000
Dividends	0	0	0	0
Net Income	332 000	203 000	334 000	−65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	42 000	48 000	54 000	44 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	117 000	80 000	57 000	69 000
Total Tangible Assets	159 000	128 000	111 000	113 000
Total Fiancial Fixed Assets	16 000	16 000	36 000	50 000
Total Fixed Assets	175 000	144 000	148 000	163 000
Stock	773 000	614 000	567 000	456 000
Total Investments	0	0	0	0
Cash, Bank	79 000	268 000	121 000	283 000
Total Current Assets	1 814 000	1 480 000	1 171 000	1 171 000
Total Assets	1 989 000	1 623 000	1 319 000	1 334 000
Total Equity	599 000	268 000	64 000	−270 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	556 000	630 000	710 000	783 000
Creditors	364 000	384 000	201 000	526 000
Unpaid Taxes	281 000	179 000	206 000	182 000
Dividends	0	0	0	0
Other Current Debt	185 000	162 000	138 000	114 000
Total Current Debt	833 000	725 000	545 000	821 000
Total Equity and Debt	1 989 000	1 623 000	1 319 000	1 334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,43 %	75,75 %	521,88 %	24,07 %
Debt-to-Equity Ratio	0,93	2,35	11,09	−2,9
Operating Profit Margin	7,47 %	5,2 %	9,55 %	−0,09 %
Current Ratio	2,18	2,04	2,15	1,43
Quick Ratio	30,23	13,33	−53,23	3,21
Equity Ratio	0,3	0,17	0,05	−0,2
Gross Profit Margin	60,18 %	55,47 %	58,2 %	47,89 %