FOLLA MARITIME SERVICE AS

7770 FLATANGER

Finances

Share Ownership

Return on Equity

30,3 %

Current Ratio

0,57

Debt-to-Equity Ratio

1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 297 000	38 603 000	50 027 000	38 433 000
Net Income	809 000	172 000	−2 341 000	−1 172 000
Total Assets	18 046 000	14 549 000	11 330 000	10 860 000
Total Equity	2 670 000	1 360 000	−1 112 000	509 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 297 000	38 603 000	50 027 000	38 433 000
Expenditure	62 798 000	38 200 000	52 544 000	39 437 000
Operating Profit	1 500 000	403 000	−2 517 000	−1 004 000
Financial Income	0	0	3 000	31 000
Financial Costs	459 000	176 000	481 000	583 000
Financial Balance	−459 000	−176 000	−478 000	−552 000
Earnings Before Tax	1 040 000	228 000	−2 995 000	−1 556 000
Tax	231 000	56 000	−654 000	−385 000
Net Income	809 000	172 000	−2 341 000	−1 172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 416 000	4 906 000	4 751 000	3 737 000
Total Current Assets	6 630 000	9 644 000	6 578 000	7 123 000
Total Assets	18 046 000	14 549 000	11 330 000	10 860 000
Total Retained Equity	0	−940 000	−10 722 000	−8 381 000
Total Equity	2 670 000	1 360 000	−1 112 000	509 000
Total Long-Term Debt	3 830 000	0	0	0
Total Current Debt	11 546 000	13 189 000	12 442 000	10 351 000
Total Equity and Debt	18 046 000	14 549 000	11 330 000	10 860 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 047 000	38 603 000	49 937 000	38 433 000
Other Income	250 000	0	90 000	0
Revenue	64 297 000	38 603 000	50 027 000	38 433 000
Cost of Goods Sold	38 786 000	23 461 000	37 090 000	20 690 000
Salary Costs	16 273 000	10 510 000	11 050 000	10 554 000
Depreciation	577 000	257 000	262 000	253 000
Impairment	0	0	0	0
Expenditure	62 798 000	38 200 000	52 544 000	39 437 000
Operating Profit	1 500 000	403 000	−2 517 000	−1 004 000
Financial Income	0	0	3 000	31 000
Financial Costs	459 000	176 000	481 000	583 000
Financial Balance	−459 000	−176 000	−478 000	−552 000
Dividends	0	0	0	0
Net Income	809 000	172 000	−2 341 000	−1 172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 588 000	3 839 000	3 704 000	3 050 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	6 320 000	958 000	964 000	561 000
Fixtures	452 000	52 000	26 000	70 000
Total Tangible Assets	6 772 000	1 010 000	990 000	630 000
Total Fiancial Fixed Assets	57 000	57 000	57 000	57 000
Total Fixed Assets	11 416 000	4 906 000	4 751 000	3 737 000
Stock	2 462 000	3 250 000	2 359 000	2 359 000
Total Investments	0	0	0	0
Cash, Bank	2 678 000	2 137 000	379 000	1 793 000
Total Current Assets	6 630 000	9 644 000	6 578 000	7 123 000
Total Assets	18 046 000	14 549 000	11 330 000	10 860 000
Total Equity	2 670 000	1 360 000	−1 112 000	509 000
Short-Term Group Debt	0	27 000	27 000	27 000
Total Long-Term Debt	3 830 000	0	0	0
Creditors	5 864 000	5 103 000	7 567 000	2 975 000
Unpaid Taxes	971 000	1 588 000	542 000	1 265 000
Dividends	0	0	0	0
Other Current Debt	4 712 000	6 471 000	2 912 000	6 084 000
Total Current Debt	11 546 000	13 189 000	12 442 000	10 351 000
Total Equity and Debt	18 046 000	14 549 000	11 330 000	10 860 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,3 %	12,65 %	210,52 %	−230,26 %
Debt-to-Equity Ratio	1,43	0	−0	0
Operating Profit Margin	2,33 %	1,04 %	−5,03 %	−2,61 %
Current Ratio	0,57	0,73	0,53	0,69
Quick Ratio	0,73	0,97	0,65	0,89
Equity Ratio	0,15	0,09	−0,1	0,05
Gross Profit Margin	39,68 %	39,22 %	25,86 %	46,17 %