FAGFOLK AS

5163 LAKSEVÅG

Finances

Return on Equity

61,04 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 048 000	12 617 000	13 788 000	12 233 000
Net Income	423 000	−317 000	32 000	799 000
Total Assets	2 834 000	3 160 000	3 602 000	2 334 000
Total Equity	693 000	270 000	587 000	555 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 048 000	12 617 000	13 788 000	12 233 000
Expenditure	11 564 000	12 933 000	13 752 000	11 354 000
Operating Profit	483 000	−316 000	36 000	879 000
Financial Income	3 000	2 000	11 000	0
Financial Costs	4 000	4 000	0	3 000
Financial Balance	−1 000	−2 000	11 000	−3 000
Earnings Before Tax	483 000	−317 000	47 000	876 000
Tax	60 000	0	15 000	77 000
Net Income	423 000	−317 000	32 000	799 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	63 000	177 000	66 000
Total Current Assets	2 777 000	3 097 000	3 425 000	2 268 000
Total Assets	2 834 000	3 160 000	3 602 000	2 334 000
Total Retained Equity	663 000	240 000	557 000	525 000
Total Equity	693 000	270 000	587 000	555 000
Total Long-Term Debt	0	0	0	6 000
Total Current Debt	2 141 000	2 890 000	3 015 000	1 774 000
Total Equity and Debt	2 834 000	3 160 000	3 602 000	2 334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 048 000	12 617 000	13 741 000	12 233 000
Other Income	0	0	47 000	0
Revenue	12 048 000	12 617 000	13 788 000	12 233 000
Cost of Goods Sold	4 181 000	5 362 000	5 051 000	4 572 000
Salary Costs	6 056 000	6 413 000	7 418 000	5 751 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 564 000	12 933 000	13 752 000	11 354 000
Operating Profit	483 000	−316 000	36 000	879 000
Financial Income	3 000	2 000	11 000	0
Financial Costs	4 000	4 000	0	3 000
Financial Balance	−1 000	−2 000	11 000	−3 000
Dividends	0	0	0	400 000
Net Income	423 000	−317 000	32 000	799 000

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	58 000	63 000	177 000	66 000
Total Fixed Assets	58 000	63 000	177 000	66 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 642 000	951 000	1 896 000	1 017 000
Total Current Assets	2 777 000	3 097 000	3 425 000	2 268 000
Total Assets	2 834 000	3 160 000	3 602 000	2 334 000
Total Equity	693 000	270 000	587 000	555 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	6 000
Creditors	126 000	967 000	1 080 000	124 000
Unpaid Taxes	1 276 000	1 374 000	1 211 000	612 000
Dividends	0	0	0	400 000
Other Current Debt	680 000	549 000	702 000	566 000
Total Current Debt	2 141 000	2 890 000	3 015 000	1 774 000
Total Equity and Debt	2 834 000	3 160 000	3 602 000	2 334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,04 %	−117,41 %	5,45 %	143,96 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	4,01 %	−2,5 %	0,26 %	7,19 %
Current Ratio	1,3	1,07	1,14	1,28
Quick Ratio	1,3	1,07	1,14	1,28
Equity Ratio	0,24	0,09	0,16	0,24
Gross Profit Margin	65,3 %	57,5 %	63,37 %	62,63 %