FOLLSJÅ KRAFT AS

5058 BERGEN

Finances

Share Ownership

Return on Equity

43,47 %

Current Ratio

0,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 978 000	10 143 000	1 943 000	5 580 000
Net Income	5 769 000	3 942 000	−1 220 000	607 000
Total Assets	57 988 000	54 373 000	48 821 000	52 546 000
Total Equity	13 271 000	12 502 000	11 060 000	12 280 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 978 000	10 143 000	1 943 000	5 580 000
Expenditure	3 889 000	3 350 000	2 088 000	3 341 000
Operating Profit	8 934 000	6 433 000	−144 000	2 239 000
Financial Income	2 000	0	15 000	32 000
Financial Costs	1 538 000	1 379 000	1 435 000	1 493 000
Financial Balance	−1 536 000	−1 379 000	−1 420 000	−1 461 000
Earnings Before Tax	7 398 000	5 054 000	−1 564 000	778 000
Tax	1 629 000	1 112 000	−343 000	171 000
Net Income	5 769 000	3 942 000	−1 220 000	607 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 450 000	44 738 000	46 059 000	47 229 000
Total Current Assets	14 538 000	9 635 000	2 762 000	5 317 000
Total Assets	57 988 000	54 373 000	48 821 000	52 546 000
Total Retained Equity	1 471 000	702 000	−740 000	480 000
Total Equity	13 271 000	12 502 000	11 060 000	12 280 000
Total Long-Term Debt	0	35 964 000	37 226 000	0
Total Current Debt	44 717 000	5 908 000	535 000	40 265 000
Total Equity and Debt	57 988 000	54 373 000	48 821 000	52 546 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 978 000	10 143 000	1 943 000	5 580 000
Other Income	0	0	0	0
Revenue	12 978 000	10 143 000	1 943 000	5 580 000
Cost of Goods Sold	0	0	0	242 000
Salary Costs	0	0	0	0
Depreciation	1 228 000	1 228 000	1 228 000	1 228 000
Impairment	0	0	0	0
Expenditure	3 889 000	3 350 000	2 088 000	3 341 000
Operating Profit	8 934 000	6 433 000	−144 000	2 239 000
Financial Income	2 000	0	15 000	32 000
Financial Costs	1 538 000	1 379 000	1 435 000	1 493 000
Financial Balance	−1 536 000	−1 379 000	−1 420 000	−1 461 000
Dividends	5 000 000	2 500 000	0	0
Net Income	5 769 000	3 942 000	−1 220 000	607 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	124 000	232 000	183 000
Real Eastate	0	0	45 826 000	47 045 000
Machinery and Plant Facilities	43 386 000	44 614 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	43 386 000	44 614 000	45 826 000	47 045 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 450 000	44 738 000	46 059 000	47 229 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 676 000	8 533 000	2 019 000	4 988 000
Total Current Assets	14 538 000	9 635 000	2 762 000	5 317 000
Total Assets	57 988 000	54 373 000	48 821 000	52 546 000
Total Equity	13 271 000	12 502 000	11 060 000	12 280 000
Short-Term Group Debt	60 000	105 000	10 000	17 000
Total Long-Term Debt	0	35 964 000	37 226 000	0
Creditors	149 000	14 000	9 000	0
Unpaid Taxes	1 428 000	812 000	85 000	352 000
Dividends	5 000 000	2 500 000	0	0
Other Current Debt	1 811 000	1 473 000	431 000	1 456 000
Total Current Debt	44 717 000	5 908 000	535 000	40 265 000
Total Equity and Debt	57 988 000	54 373 000	48 821 000	52 546 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,47 %	31,53 %	−11,03 %	4,94 %
Debt-to-Equity Ratio	0	2,88	3,37	0
Operating Profit Margin	68,84 %	63,42 %	−7,41 %	40,13 %
Current Ratio	0,33	1,63	5,16	0,13
Quick Ratio	0,33	1,63	5,16	0,13
Equity Ratio	0,23	0,23	0,23	0,23
Gross Profit Margin	100 %	100 %	100 %	95,66 %