FOLK SPISERI AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

−239,29 %

Current Ratio

0,35

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 587 000	3 485 000	3 597 000	5 416 000
Net Income	670 000	80 000	29 000	−592 000
Total Assets	151 000	437 000	628 000	892 000
Total Equity	−280 000	−951 000	−1 031 000	−1 060 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 587 000	3 485 000	3 597 000	5 416 000
Expenditure	1 824 000	3 376 000	3 556 000	6 007 000
Operating Profit	762 000	109 000	41 000	−590 000
Financial Income	0	0	0	0
Financial Costs	−23 000	6 000	11 000	2 000
Financial Balance	23 000	−6 000	−11 000	−2 000
Earnings Before Tax	785 000	103 000	29 000	−592 000
Tax	115 000	23 000	0	0
Net Income	670 000	80 000	29 000	−592 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	168 000	236 000	315 000
Total Current Assets	151 000	270 000	391 000	578 000
Total Assets	151 000	437 000	628 000	892 000
Total Retained Equity	−305 000	−975 000	−1 055 000	−1 085 000
Total Equity	−280 000	−951 000	−1 031 000	−1 060 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	431 000	1 388 000	1 659 000	1 952 000
Total Equity and Debt	151 000	437 000	628 000	892 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 638 000	3 077 000	3 567 000	5 416 000
Other Income	949 000	408 000	30 000	0
Revenue	2 587 000	3 485 000	3 597 000	5 416 000
Cost of Goods Sold	614 000	1 120 000	1 320 000	2 123 000
Salary Costs	606 000	1 374 000	1 317 000	2 520 000
Depreciation	31 000	46 000	78 000	123 000
Impairment	0	0	0	0
Expenditure	1 824 000	3 376 000	3 556 000	6 007 000
Operating Profit	762 000	109 000	41 000	−590 000
Financial Income	0	0	0	0
Financial Costs	−23 000	6 000	11 000	2 000
Financial Balance	23 000	−6 000	−11 000	−2 000
Dividends	0	0	0	0
Net Income	670 000	80 000	29 000	−592 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	115 000	138 000	138 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	53 000	99 000	177 000
Total Tangible Assets	0	53 000	99 000	177 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	168 000	236 000	315 000
Stock	0	105 000	95 000	118 000
Total Investments	0	0	0	0
Cash, Bank	132 000	47 000	205 000	313 000
Total Current Assets	151 000	270 000	391 000	578 000
Total Assets	151 000	437 000	628 000	892 000
Total Equity	−280 000	−951 000	−1 031 000	−1 060 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	38 000	122 000	131 000
Unpaid Taxes	14 000	140 000	168 000	298 000
Dividends	0	0	0	0
Other Current Debt	406 000	1 210 000	1 370 000	1 524 000
Total Current Debt	431 000	1 388 000	1 659 000	1 952 000
Total Equity and Debt	151 000	437 000	628 000	892 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−239,29 %	−8,41 %	−2,81 %	55,85 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	29,45 %	3,13 %	1,14 %	−10,89 %
Current Ratio	0,35	0,19	0,24	0,3
Quick Ratio	0,35	0,21	0,25	0,32
Equity Ratio	−1,85	−2,18	−1,64	−1,19
Gross Profit Margin	76,27 %	67,86 %	63,3 %	60,8 %