FINE FOLK AS

1830 ASKIM

Finances

Share Ownership

Return on Equity

−657,58 %

Current Ratio

0,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 735 000	7 780 000	6 682 000	6 793 000
Net Income	−217 000	−227 000	132 000	161 000
Total Assets	3 476 000	2 887 000	3 004 000	2 904 000
Total Equity	33 000	250 000	587 000	645 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 735 000	7 780 000	6 682 000	6 793 000
Expenditure	7 829 000	7 956 000	6 447 000	6 523 000
Operating Profit	−94 000	−176 000	235 000	270 000
Financial Income	0	0	0	2 000
Financial Costs	123 000	51 000	65 000	64 000
Financial Balance	−123 000	−51 000	−65 000	−62 000
Earnings Before Tax	−217 000	−227 000	170 000	209 000
Tax	0	0	37 000	48 000
Net Income	−217 000	−227 000	132 000	161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 497 000	2 111 000	1 971 000	2 107 000
Total Current Assets	979 000	776 000	1 033 000	797 000
Total Assets	3 476 000	2 887 000	3 004 000	2 904 000
Total Retained Equity	3 000	220 000	557 000	615 000
Total Equity	33 000	250 000	587 000	645 000
Total Long-Term Debt	1 947 000	1 102 000	1 190 000	1 273 000
Total Current Debt	1 496 000	1 535 000	1 227 000	985 000
Total Equity and Debt	3 476 000	2 887 000	3 004 000	2 904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 735 000	7 765 000	6 505 000	6 793 000
Other Income	0	15 000	177 000	0
Revenue	7 735 000	7 780 000	6 682 000	6 793 000
Cost of Goods Sold	1 228 000	1 421 000	1 256 000	1 044 000
Salary Costs	5 234 000	5 215 000	3 851 000	4 190 000
Depreciation	201 000	159 000	136 000	161 000
Impairment	0	0	0	0
Expenditure	7 829 000	7 956 000	6 447 000	6 523 000
Operating Profit	−94 000	−176 000	235 000	270 000
Financial Income	0	0	0	2 000
Financial Costs	123 000	51 000	65 000	64 000
Financial Balance	−123 000	−51 000	−65 000	−62 000
Dividends	0	110 000	190 000	0
Net Income	−217 000	−227 000	132 000	161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	74 000	92 000	115 000	144 000
Total Intangible Assets	74 000	92 000	115 000	144 000
Real Eastate	1 654 000	1 709 000	1 607 000	1 652 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	760 000	309 000	249 000	312 000
Total Tangible Assets	2 414 000	2 019 000	1 856 000	1 963 000
Total Fiancial Fixed Assets	9 000	0	0	0
Total Fixed Assets	2 497 000	2 111 000	1 971 000	2 107 000
Stock	423 000	458 000	387 000	324 000
Total Investments	0	0	0	0
Cash, Bank	353 000	162 000	414 000	444 000
Total Current Assets	979 000	776 000	1 033 000	797 000
Total Assets	3 476 000	2 887 000	3 004 000	2 904 000
Total Equity	33 000	250 000	587 000	645 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 947 000	1 102 000	1 190 000	1 273 000
Creditors	262 000	331 000	166 000	135 000
Unpaid Taxes	667 000	577 000	513 000	477 000
Dividends	0	110 000	190 000	0
Other Current Debt	567 000	527 000	411 000	326 000
Total Current Debt	1 496 000	1 535 000	1 227 000	985 000
Total Equity and Debt	3 476 000	2 887 000	3 004 000	2 904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−657,58 %	−90,8 %	22,49 %	24,96 %
Debt-to-Equity Ratio	59	4,41	2,03	1,97
Operating Profit Margin	−1,22 %	−2,26 %	3,52 %	3,97 %
Current Ratio	0,65	0,51	0,84	0,81
Quick Ratio	0,91	0,72	1,23	1,21
Equity Ratio	0,01	0,09	0,2	0,22
Gross Profit Margin	84,12 %	81,74 %	81,2 %	84,63 %