FOLQ AS

0181 OSLO

Finances

Share Ownership

Return on Equity

−23,64 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	253 194 000	135 192 000	78 684 000	45 744 000
Net Income	−7 958 000	−3 192 000	−2 324 000	−3 659 000
Total Assets	93 678 000	52 357 000	25 882 000	14 097 000
Total Equity	33 665 000	16 237 000	3 427 000	2 039 000

Income (NOK)	2022	2021	2020	2019
Revenue	253 194 000	135 192 000	78 684 000	45 744 000
Expenditure	260 902 000	138 241 000	80 863 000	48 970 000
Operating Profit	−7 708 000	−3 048 000	−2 178 000	−3 225 000
Financial Income	99 000	15 000	10 000	4 000
Financial Costs	349 000	158 000	156 000	28 000
Financial Balance	−250 000	−143 000	−146 000	−24 000
Earnings Before Tax	−7 958 000	−3 192 000	−2 324 000	−3 249 000
Tax	0	0	0	410 000
Net Income	−7 958 000	−3 192 000	−2 324 000	−3 659 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 919 000	7 653 000	4 747 000	2 039 000
Total Current Assets	81 759 000	44 704 000	21 134 000	12 058 000
Total Assets	93 678 000	52 357 000	25 882 000	14 097 000
Total Retained Equity	−17 821 000	−9 863 000	−6 672 000	−4 347 000
Total Equity	33 665 000	16 237 000	3 427 000	2 039 000
Total Long-Term Debt	4 250 000	2 750 000	3 000 000	995 000
Total Current Debt	55 763 000	33 370 000	19 454 000	11 063 000
Total Equity and Debt	93 678 000	52 357 000	25 882 000	14 097 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	250 726 000	134 056 000	78 684 000	45 744 000
Other Income	2 468 000	1 135 000	0	0
Revenue	253 194 000	135 192 000	78 684 000	45 744 000
Cost of Goods Sold	236 706 000	126 534 000	74 306 000	42 880 000
Salary Costs	13 951 000	7 863 000	4 717 000	5 032 000
Depreciation	2 205 000	1 142 000	423 000	118 000
Impairment	0	0	0	0
Expenditure	260 902 000	138 241 000	80 863 000	48 970 000
Operating Profit	−7 708 000	−3 048 000	−2 178 000	−3 225 000
Financial Income	99 000	15 000	10 000	4 000
Financial Costs	349 000	158 000	156 000	28 000
Financial Balance	−250 000	−143 000	−146 000	−24 000
Dividends	0	0	0	0
Net Income	−7 958 000	−3 192 000	−2 324 000	−3 659 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 652 000	7 653 000	4 747 000	2 039 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	267 000	0	0	0
Total Tangible Assets	267 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 919 000	7 653 000	4 747 000	2 039 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 597 000	19 636 000	713 000	4 296 000
Total Current Assets	81 759 000	44 704 000	21 134 000	12 058 000
Total Assets	93 678 000	52 357 000	25 882 000	14 097 000
Total Equity	33 665 000	16 237 000	3 427 000	2 039 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 250 000	2 750 000	3 000 000	995 000
Creditors	40 216 000	30 936 000	17 843 000	9 794 000
Unpaid Taxes	1 131 000	817 000	623 000	537 000
Dividends	0	0	0	0
Other Current Debt	14 416 000	1 617 000	989 000	732 000
Total Current Debt	55 763 000	33 370 000	19 454 000	11 063 000
Total Equity and Debt	93 678 000	52 357 000	25 882 000	14 097 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,64 %	−19,66 %	−67,81 %	−179,45 %
Debt-to-Equity Ratio	0,13	0,17	0,88	0,49
Operating Profit Margin	−3,04 %	−2,25 %	−2,77 %	−7,05 %
Current Ratio	1,47	1,34	1,09	1,09
Quick Ratio	1,47	1,34	1,09	1,09
Equity Ratio	0,36	0,31	0,13	0,14
Gross Profit Margin	6,51 %	6,4 %	5,56 %	6,26 %