FOLLA SJØMAT AS

7924 AUSTAFJORD

Finances

Share Ownership

Return on Equity

2,89 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 000	0	24 000	5 620 000
Net Income	−72 000	−69 000	−384 000	−3 050 000
Total Assets	86 000	74 000	76 000	1 809 000
Total Equity	−2 495 000	−2 423 000	−2 418 000	−6 080 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 000	0	24 000	5 620 000
Expenditure	94 000	67 000	256 000	8 180 000
Operating Profit	−72 000	−68 000	−232 000	−2 560 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	153 000	456 000
Financial Balance	0	−2 000	−153 000	−456 000
Earnings Before Tax	−72 000	−69 000	−384 000	−3 016 000
Tax	0	0	0	34 000
Net Income	−72 000	−69 000	−384 000	−3 050 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	74 000	55 000	1 711 000
Total Current Assets	21 000	0	20 000	98 000
Total Assets	86 000	74 000	76 000	1 809 000
Total Retained Equity	−8 722 000	−8 650 000	−8 645 000	−8 260 000
Total Equity	−2 495 000	−2 423 000	−2 418 000	−6 080 000
Total Long-Term Debt	1 385 000	1 377 000	1 265 000	1 265 000
Total Current Debt	1 196 000	1 120 000	1 228 000	6 624 000
Total Equity and Debt	86 000	74 000	76 000	1 809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 000	0	24 000	5 620 000
Other Income	0	0	0	0
Revenue	23 000	0	24 000	5 620 000
Cost of Goods Sold	0	0	0	4 597 000
Salary Costs	0	0	7 000	1 278 000
Depreciation	9 000	9 000	36 000	35 000
Impairment	0	0	42 000	0
Expenditure	94 000	67 000	256 000	8 180 000
Operating Profit	−72 000	−68 000	−232 000	−2 560 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	153 000	456 000
Financial Balance	0	−2 000	−153 000	−456 000
Dividends	0	0	0	0
Net Income	−72 000	−69 000	−384 000	−3 050 000

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	27 000	36 000	41 000	67 000
Fixtures	36 000	36 000	0	7 000
Total Tangible Assets	64 000	73 000	41 000	74 000
Total Fiancial Fixed Assets	1 000	1 000	14 000	1 637 000
Total Fixed Assets	64 000	74 000	55 000	1 711 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	0	0	15 000
Total Current Assets	21 000	0	20 000	98 000
Total Assets	86 000	74 000	76 000	1 809 000
Total Equity	−2 495 000	−2 423 000	−2 418 000	−6 080 000
Short-Term Group Debt	0	1 003 000	0	400 000
Total Long-Term Debt	1 385 000	1 377 000	1 265 000	1 265 000
Creditors	999 000	0	999 000	3 735 000
Unpaid Taxes	0	0	0	7 000
Dividends	0	0	0	0
Other Current Debt	197 000	117 000	229 000	2 483 000
Total Current Debt	1 196 000	1 120 000	1 228 000	6 624 000
Total Equity and Debt	86 000	74 000	76 000	1 809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,89 %	2,85 %	15,88 %	50,16 %
Debt-to-Equity Ratio	−0,56	−0,57	−0,52	−0,21
Operating Profit Margin	−313,04 %	-	−966,67 %	−45,55 %
Current Ratio	0,02	0	0,02	0,01
Quick Ratio	0,02	0	0,02	0,01
Equity Ratio	−29,01	−32,74	−31,82	−3,36
Gross Profit Margin	100 %	-	100 %	18,2 %