FOLLESTAD VESTBY AS

1543 VESTBY

Finances

Share Ownership

Return on Equity

−20 %

Current Ratio

0,96

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−8 000	−35 000	−51 000	−90 000
Total Assets	324 000	119 000	154 000	230 000
Total Equity	40 000	−112 000	−77 000	−26 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	50 000	35 000	50 000	99 000
Operating Profit	−50 000	−35 000	−51 000	−99 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−50 000	−35 000	−51 000	−99 000
Tax	−42 000	0	0	−9 000
Net Income	−8 000	−35 000	−51 000	−90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	76 000	98 000	120 000
Total Current Assets	270 000	43 000	56 000	110 000
Total Assets	324 000	119 000	154 000	230 000
Total Retained Equity	0	−479 000	−444 000	−393 000
Total Equity	40 000	−112 000	−77 000	−26 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	281 000	231 000	231 000	256 000
Total Equity and Debt	324 000	119 000	154 000	230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	5 000	0
Salary Costs	0	0	0	5 000
Depreciation	22 000	22 000	22 000	22 000
Impairment	0	0	0	0
Expenditure	50 000	35 000	50 000	99 000
Operating Profit	−50 000	−35 000	−51 000	−99 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−8 000	−35 000	−51 000	−90 000

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	54 000	76 000	98 000	120 000
Total Tangible Assets	54 000	76 000	98 000	120 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	54 000	76 000	98 000	120 000
Stock	31 000	31 000	31 000	31 000
Total Investments	0	0	0	0
Cash, Bank	29 000	11 000	24 000	79 000
Total Current Assets	270 000	43 000	56 000	110 000
Total Assets	324 000	119 000	154 000	230 000
Total Equity	40 000	−112 000	−77 000	−26 000
Short-Term Group Debt	278 000	228 000	228 000	95 000
Total Long-Term Debt	3 000	0	0	0
Creditors	0	0	0	1 000
Unpaid Taxes	0	0	0	13 000
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	2 000	147 000
Total Current Debt	281 000	231 000	231 000	256 000
Total Equity and Debt	324 000	119 000	154 000	230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20 %	31,25 %	66,23 %	346,15 %
Debt-to-Equity Ratio	0,08	−0	−0	−0
Operating Profit Margin	-	-	-	-
Current Ratio	0,96	0,19	0,24	0,43
Quick Ratio	1,08	0,22	0,28	0,49
Equity Ratio	0,12	−0,94	−0,5	−0,11
Gross Profit Margin	-	-	-	-