FOLGERØ AS

0286 OSLO

Finances

Share Ownership

Return on Equity

30,98 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 679 000	11 419 000	16 190 000	9 482 000
Net Income	751 000	379 000	517 000	−3 000
Total Assets	7 855 000	11 295 000	8 894 000	8 105 000
Total Equity	2 424 000	1 673 000	1 294 000	777 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 679 000	11 419 000	16 190 000	9 482 000
Expenditure	23 534 000	10 734 000	15 366 000	9 341 000
Operating Profit	1 146 000	684 000	823 000	142 000
Financial Income	9 000	2 000	2 000	2 000
Financial Costs	193 000	201 000	163 000	148 000
Financial Balance	−184 000	−199 000	−161 000	−146 000
Earnings Before Tax	962 000	486 000	662 000	−4 000
Tax	212 000	107 000	146 000	−1 000
Net Income	751 000	379 000	517 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	301 000	414 000	528 000	642 000
Total Current Assets	7 554 000	10 881 000	8 366 000	7 463 000
Total Assets	7 855 000	11 295 000	8 894 000	8 105 000
Total Retained Equity	2 394 000	1 643 000	1 264 000	747 000
Total Equity	2 424 000	1 673 000	1 294 000	777 000
Total Long-Term Debt	506 000	3 614 000	3 689 000	3 732 000
Total Current Debt	4 925 000	6 009 000	3 911 000	3 596 000
Total Equity and Debt	7 855 000	11 295 000	8 894 000	8 105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 679 000	11 419 000	16 190 000	9 482 000
Other Income	0	0	0	0
Revenue	24 679 000	11 419 000	16 190 000	9 482 000
Cost of Goods Sold	22 335 000	9 515 000	15 115 000	8 812 000
Salary Costs	860 000	859 000	16 000	227 000
Depreciation	114 000	114 000	114 000	114 000
Impairment	0	0	0	0
Expenditure	23 534 000	10 734 000	15 366 000	9 341 000
Operating Profit	1 146 000	684 000	823 000	142 000
Financial Income	9 000	2 000	2 000	2 000
Financial Costs	193 000	201 000	163 000	148 000
Financial Balance	−184 000	−199 000	−161 000	−146 000
Dividends	0	0	0	0
Net Income	751 000	379 000	517 000	−3 000

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	301 000	414 000	528 000	642 000
Total Tangible Assets	301 000	414 000	528 000	642 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	301 000	414 000	528 000	642 000
Stock	0	10 260 000	0	7 017 000
Total Investments	0	0	0	0
Cash, Bank	7 310 000	621 000	267 000	446 000
Total Current Assets	7 554 000	10 881 000	8 366 000	7 463 000
Total Assets	7 855 000	11 295 000	8 894 000	8 105 000
Total Equity	2 424 000	1 673 000	1 294 000	777 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	506 000	3 614 000	3 689 000	3 732 000
Creditors	13 000	186 000	21 000	17 000
Unpaid Taxes	127 000	501 000	28 000	178 000
Dividends	0	0	0	0
Other Current Debt	4 561 000	5 206 000	3 716 000	3 401 000
Total Current Debt	4 925 000	6 009 000	3 911 000	3 596 000
Total Equity and Debt	7 855 000	11 295 000	8 894 000	8 105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,98 %	22,65 %	39,95 %	−0,39 %
Debt-to-Equity Ratio	0,21	2,16	2,85	4,8
Operating Profit Margin	4,64 %	5,99 %	5,08 %	1,5 %
Current Ratio	1,53	1,81	2,14	2,08
Quick Ratio	1,53	−2,56	2,14	−2,18
Equity Ratio	0,31	0,15	0,15	0,1
Gross Profit Margin	9,5 %	16,67 %	6,64 %	7,07 %