FOLEYS HØVLING AS

0257 OSLO

Finances

Share Ownership

Return on Equity

−26,36 %

Current Ratio

2,44

Debt-to-Equity Ratio

1,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 790 000	2 238 000	2 035 000	1 872 000
Net Income	−189 000	486 000	421 000	−25 000
Total Assets	1 935 000	2 435 000	2 338 000	687 000
Total Equity	717 000	1 106 000	770 000	349 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 790 000	2 238 000	2 035 000	1 872 000
Expenditure	1 945 000	1 579 000	1 498 000	1 883 000
Operating Profit	−156 000	659 000	537 000	−11 000
Financial Income	6 000	4 000	0	0
Financial Costs	54 000	38 000	33 000	14 000
Financial Balance	−48 000	−34 000	−33 000	−14 000
Earnings Before Tax	−205 000	624 000	505 000	−25 000
Tax	−16 000	138 000	84 000	0
Net Income	−189 000	486 000	421 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 387 000	958 000	1 212 000	199 000
Total Current Assets	548 000	1 477 000	1 127 000	487 000
Total Assets	1 935 000	2 435 000	2 338 000	687 000
Total Retained Equity	682 000	1 071 000	735 000	314 000
Total Equity	717 000	1 106 000	770 000	349 000
Total Long-Term Debt	992 000	916 000	1 228 000	193 000
Total Current Debt	225 000	413 000	341 000	144 000
Total Equity and Debt	1 935 000	2 435 000	2 338 000	687 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 676 000	2 238 000	2 035 000	1 872 000
Other Income	113 000	0	0	0
Revenue	1 790 000	2 238 000	2 035 000	1 872 000
Cost of Goods Sold	274 000	103 000	0	0
Salary Costs	843 000	696 000	672 000	791 000
Depreciation	268 000	252 000	189 000	60 000
Impairment	0	0	0	0
Expenditure	1 945 000	1 579 000	1 498 000	1 883 000
Operating Profit	−156 000	659 000	537 000	−11 000
Financial Income	6 000	4 000	0	0
Financial Costs	54 000	38 000	33 000	14 000
Financial Balance	−48 000	−34 000	−33 000	−14 000
Dividends	200 000	150 000	0	0
Net Income	−189 000	486 000	421 000	−25 000

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	1 387 000	958 000	1 210 000	198 000
Fixtures	0	0	0	0
Total Tangible Assets	1 387 000	958 000	1 210 000	198 000
Total Fiancial Fixed Assets	0	0	1 000	1 000
Total Fixed Assets	1 387 000	958 000	1 212 000	199 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	366 000	1 207 000	955 000	356 000
Total Current Assets	548 000	1 477 000	1 127 000	487 000
Total Assets	1 935 000	2 435 000	2 338 000	687 000
Total Equity	717 000	1 106 000	770 000	349 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	992 000	916 000	1 228 000	193 000
Creditors	29 000	41 000	63 000	23 000
Unpaid Taxes	118 000	114 000	152 000	47 000
Dividends	200 000	150 000	0	0
Other Current Debt	78 000	114 000	64 000	75 000
Total Current Debt	225 000	413 000	341 000	144 000
Total Equity and Debt	1 935 000	2 435 000	2 338 000	687 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,36 %	43,94 %	54,68 %	−7,16 %
Debt-to-Equity Ratio	1,38	0,83	1,59	0,55
Operating Profit Margin	−8,72 %	29,45 %	26,39 %	−0,59 %
Current Ratio	2,44	3,58	3,3	3,38
Quick Ratio	2,44	3,58	3,3	3,38
Equity Ratio	0,37	0,45	0,33	0,51
Gross Profit Margin	84,69 %	95,4 %	100 %	100 %