FOLDENBANDEN AS

3113 TØNSBERG

Finances

Return on Equity

110,53 %

Current Ratio

136,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	933 000	1 455 000	490 000	119 000
Net Income	15 345 000	997 000	357 000	66 000
Total Assets	13 971 000	3 764 000	2 172 000	1 647 000
Total Equity	13 883 000	2 806 000	1 770 000	1 413 000

Income (NOK)	2022	2021	2020	2019
Revenue	933 000	1 455 000	490 000	119 000
Expenditure	511 000	126 000	33 000	32 000
Operating Profit	422 000	1 329 000	457 000	87 000
Financial Income	14 992 000	0	0	0
Financial Costs	2 000	0	0	2 000
Financial Balance	14 990 000	0	0	−2 000
Earnings Before Tax	15 412 000	1 329 000	458 000	84 000
Tax	67 000	331 000	101 000	19 000
Net Income	15 345 000	997 000	357 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 972 000	1 524 000	1 070 000	1 070 000
Total Current Assets	11 998 000	2 239 000	1 102 000	577 000
Total Assets	13 971 000	3 764 000	2 172 000	1 647 000
Total Retained Equity	12 877 000	1 800 000	764 000	407 000
Total Equity	13 883 000	2 806 000	1 770 000	1 413 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	88 000	957 000	402 000	235 000
Total Equity and Debt	13 971 000	3 764 000	2 172 000	1 647 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	933 000	1 455 000	490 000	119 000
Other Income	0	0	0	0
Revenue	933 000	1 455 000	490 000	119 000
Cost of Goods Sold	195 000	1 000	0	0
Salary Costs	0	0	0	4 000
Depreciation	14 000	11 000	0	0
Impairment	0	0	0	0
Expenditure	511 000	126 000	33 000	32 000
Operating Profit	422 000	1 329 000	457 000	87 000
Financial Income	14 992 000	0	0	0
Financial Costs	2 000	0	0	2 000
Financial Balance	14 990 000	0	0	−2 000
Dividends	0	0	0	0
Net Income	15 345 000	997 000	357 000	66 000

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	96 000	110 000	79 000	79 000
Total Tangible Assets	96 000	110 000	79 000	79 000
Total Fiancial Fixed Assets	1 876 000	1 414 000	991 000	991 000
Total Fixed Assets	1 972 000	1 524 000	1 070 000	1 070 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 315 000	250 000	288 000	25 000
Total Current Assets	11 998 000	2 239 000	1 102 000	577 000
Total Assets	13 971 000	3 764 000	2 172 000	1 647 000
Total Equity	13 883 000	2 806 000	1 770 000	1 413 000
Short-Term Group Debt	0	176 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	42 000	13 000	0
Unpaid Taxes	0	258 000	78 000	28 000
Dividends	0	0	0	0
Other Current Debt	12 000	228 000	209 000	13 000
Total Current Debt	88 000	957 000	402 000	235 000
Total Equity and Debt	13 971 000	3 764 000	2 172 000	1 647 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110,53 %	35,53 %	20,17 %	4,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	45,23 %	91,34 %	93,27 %	73,11 %
Current Ratio	136,34	2,34	2,74	2,46
Quick Ratio	136,34	2,34	2,74	2,46
Equity Ratio	0,99	0,75	0,81	0,86
Gross Profit Margin	79,1 %	99,93 %	100 %	100 %