FOLGEFONNA VELKOMSTSENTER AS

5627 JONDAL

Finances

Share Ownership

Return on Equity

−33,07 %

Current Ratio

0,85

Debt-to-Equity Ratio

2,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 105 000	1 220 000	832 000	80 000
Net Income	−1 621 000	−535 000	−724 000	−502 000
Total Assets	20 033 000	22 210 000	23 441 000	24 856 000
Total Equity	4 902 000	6 523 000	7 058 000	7 782 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 105 000	1 220 000	832 000	80 000
Expenditure	1 546 000	1 283 000	1 030 000	491 000
Operating Profit	−441 000	−62 000	−198 000	−411 000
Financial Income	6 000	7 000	4 000	8 000
Financial Costs	675 000	630 000	734 000	241 000
Financial Balance	−669 000	−623 000	−730 000	−233 000
Earnings Before Tax	−1 110 000	−685 000	−928 000	−644 000
Tax	511 000	−151 000	−204 000	−142 000
Net Income	−1 621 000	−535 000	−724 000	−502 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 173 000	20 864 000	21 685 000	21 819 000
Total Current Assets	861 000	1 346 000	1 756 000	3 037 000
Total Assets	20 033 000	22 210 000	23 441 000	24 856 000
Total Retained Equity	−3 417 000	−1 797 000	−1 262 000	−538 000
Total Equity	4 902 000	6 523 000	7 058 000	7 782 000
Total Long-Term Debt	14 115 000	14 713 000	14 723 000	15 797 000
Total Current Debt	1 016 000	974 000	1 661 000	1 277 000
Total Equity and Debt	20 033 000	22 210 000	23 441 000	24 856 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	250 000	0	0
Other Income	1 105 000	970 000	832 000	80 000
Revenue	1 105 000	1 220 000	832 000	80 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	115 000	209 000
Depreciation	1 180 000	1 177 000	736 000	142 000
Impairment	0	0	0	0
Expenditure	1 546 000	1 283 000	1 030 000	491 000
Operating Profit	−441 000	−62 000	−198 000	−411 000
Financial Income	6 000	7 000	4 000	8 000
Financial Costs	675 000	630 000	734 000	241 000
Financial Balance	−669 000	−623 000	−730 000	−233 000
Dividends	0	0	0	0
Net Income	−1 621 000	−535 000	−724 000	−502 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	511 000	360 000	156 000
Real Eastate	18 117 000	19 112 000	19 869 000	21 558 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 056 000	1 241 000	1 276 000	24 000
Total Tangible Assets	19 173 000	20 353 000	21 145 000	21 583 000
Total Fiancial Fixed Assets	0	0	180 000	80 000
Total Fixed Assets	19 173 000	20 864 000	21 685 000	21 819 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	854 000	1 294 000	1 500 000	1 726 000
Total Current Assets	861 000	1 346 000	1 756 000	3 037 000
Total Assets	20 033 000	22 210 000	23 441 000	24 856 000
Total Equity	4 902 000	6 523 000	7 058 000	7 782 000
Short-Term Group Debt	0	2 000	2 000	2 000
Total Long-Term Debt	14 115 000	14 713 000	14 723 000	15 797 000
Creditors	892 000	895 000	1 633 000	1 257 000
Unpaid Taxes	0	0	0	18 000
Dividends	0	0	0	0
Other Current Debt	124 000	78 000	25 000	0
Total Current Debt	1 016 000	974 000	1 661 000	1 277 000
Total Equity and Debt	20 033 000	22 210 000	23 441 000	24 856 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,07 %	−8,2 %	−10,26 %	−6,45 %
Debt-to-Equity Ratio	2,88	2,26	2,09	2,03
Operating Profit Margin	−39,91 %	−5,08 %	−23,8 %	−513,75 %
Current Ratio	0,85	1,38	1,06	2,38
Quick Ratio	0,85	1,38	1,06	2,38
Equity Ratio	0,24	0,29	0,3	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %