FOLKVORDVEIEN 11 AS

4318 SANDNES

Finances

Share Ownership

Return on Equity

−2,14 %

Current Ratio

1,06

Debt-to-Equity Ratio

−1,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 744 000	1 617 000	1 426 000	1 480 000
Net Income	168 000	360 000	269 000	308 000
Total Assets	5 591 000	6 045 000	6 114 000	6 466 000
Total Equity	−7 839 000	−8 006 000	−8 367 000	−8 636 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 744 000	1 617 000	1 426 000	1 480 000
Expenditure	1 112 000	862 000	722 000	741 000
Operating Profit	632 000	756 000	704 000	740 000
Financial Income	3 000	0	1 000	2 000
Financial Costs	386 000	263 000	332 000	409 000
Financial Balance	−383 000	−263 000	−331 000	−407 000
Earnings Before Tax	249 000	493 000	372 000	332 000
Tax	81 000	133 000	103 000	24 000
Net Income	168 000	360 000	269 000	308 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 277 000	5 553 000	5 829 000	6 065 000
Total Current Assets	314 000	492 000	286 000	402 000
Total Assets	5 591 000	6 045 000	6 114 000	6 466 000
Total Retained Equity	−8 339 000	−8 506 000	−8 867 000	−9 136 000
Total Equity	−7 839 000	−8 006 000	−8 367 000	−8 636 000
Total Long-Term Debt	13 134 000	13 655 000	14 177 000	14 949 000
Total Current Debt	296 000	396 000	304 000	153 000
Total Equity and Debt	5 591 000	6 045 000	6 114 000	6 466 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 744 000	1 617 000	1 426 000	1 480 000
Revenue	1 744 000	1 617 000	1 426 000	1 480 000
Cost of Goods Sold	673 000	461 000	276 000	348 000
Salary Costs	0	0	0	0
Depreciation	276 000	276 000	272 000	266 000
Impairment	0	0	0	0
Expenditure	1 112 000	862 000	722 000	741 000
Operating Profit	632 000	756 000	704 000	740 000
Financial Income	3 000	0	1 000	2 000
Financial Costs	386 000	263 000	332 000	409 000
Financial Balance	−383 000	−263 000	−331 000	−407 000
Dividends	0	0	0	0
Net Income	168 000	360 000	269 000	308 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 239 000	5 503 000	5 767 000	5 991 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	50 000	62 000	74 000
Total Tangible Assets	5 277 000	5 553 000	5 829 000	6 065 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 277 000	5 553 000	5 829 000	6 065 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	128 000	357 000	164 000	54 000
Total Current Assets	314 000	492 000	286 000	402 000
Total Assets	5 591 000	6 045 000	6 114 000	6 466 000
Total Equity	−7 839 000	−8 006 000	−8 367 000	−8 636 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 134 000	13 655 000	14 177 000	14 949 000
Creditors	100 000	190 000	57 000	66 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	115 000	73 000	143 000	63 000
Total Current Debt	296 000	396 000	304 000	153 000
Total Equity and Debt	5 591 000	6 045 000	6 114 000	6 466 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,14 %	−4,5 %	−3,22 %	−3,57 %
Debt-to-Equity Ratio	−1,68	−1,71	−1,69	−1,73
Operating Profit Margin	36,24 %	46,75 %	49,37 %	50 %
Current Ratio	1,06	1,24	0,94	2,63
Quick Ratio	1,06	1,24	0,94	2,63
Equity Ratio	−1,4	−1,32	−1,37	−1,34
Gross Profit Margin	61,41 %	71,49 %	80,65 %	76,49 %