ANDRÉ FØLSVIK HOLDING AS

6103 VOLDA

Finances

Return on Equity

63,16 %

Current Ratio

1,35

Debt-to-Equity Ratio

2,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 644 000	0	0	0
Net Income	1 015 000	350 000	90 000	−84 000
Total Assets	6 809 000	905 000	260 000	278 000
Total Equity	1 607 000	591 000	241 000	151 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 644 000	0	0	0
Expenditure	17 000	5 000	11 000	7 000
Operating Profit	1 627 000	−5 000	−11 000	−7 000
Financial Income	0	692 000	120 000	50 000
Financial Costs	43 000	24 000	1 000	0
Financial Balance	−43 000	668 000	119 000	50 000
Earnings Before Tax	1 584 000	663 000	109 000	43 000
Tax	569 000	313 000	18 000	126 000
Net Income	1 015 000	350 000	90 000	−84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 995 000	245 000	245 000	245 000
Total Current Assets	814 000	660 000	15 000	33 000
Total Assets	6 809 000	905 000	260 000	278 000
Total Retained Equity	1 577 000	576 000	226 000	136 000
Total Equity	1 607 000	591 000	241 000	151 000
Total Long-Term Debt	4 600 000	0	0	0
Total Current Debt	602 000	314 000	19 000	127 000
Total Equity and Debt	6 809 000	905 000	260 000	278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 644 000	0	0	0
Other Income	0	0	0	0
Revenue	1 644 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 000	5 000	11 000	7 000
Operating Profit	1 627 000	−5 000	−11 000	−7 000
Financial Income	0	692 000	120 000	50 000
Financial Costs	43 000	24 000	1 000	0
Financial Balance	−43 000	668 000	119 000	50 000
Dividends	0	0	0	0
Net Income	1 015 000	350 000	90 000	−84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 995 000	245 000	245 000	245 000
Total Fixed Assets	5 995 000	245 000	245 000	245 000
Stock	0	0	0	0
Total Investments	467 000	633 000	0	0
Cash, Bank	346 000	27 000	15 000	33 000
Total Current Assets	814 000	660 000	15 000	33 000
Total Assets	6 809 000	905 000	260 000	278 000
Total Equity	1 607 000	591 000	241 000	151 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 600 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	33 000	1 000	1 000	1 000
Total Current Debt	602 000	314 000	19 000	127 000
Total Equity and Debt	6 809 000	905 000	260 000	278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,16 %	59,22 %	37,34 %	−55,63 %
Debt-to-Equity Ratio	2,86	0	0	0
Operating Profit Margin	98,97 %	-	-	-
Current Ratio	1,35	2,1	0,79	0,26
Quick Ratio	1,35	2,1	0,79	0,26
Equity Ratio	0,24	0,65	0,93	0,54
Gross Profit Margin	100 %	-	-	-