FOLKEBADET AS

1337 SANDVIKA

Finances

Return on Equity

−10,45 %

Current Ratio

0,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 700 000	3 119 000	12 364 000	965 000
Net Income	−2 173 000	−1 390 000	−974 000	−596 000
Total Assets	22 249 000	24 370 000	28 516 000	5 602 000
Total Equity	20 794 000	−3 399 000	−2 009 000	−1 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 700 000	3 119 000	12 364 000	965 000
Expenditure	3 845 000	3 751 000	12 589 000	1 553 000
Operating Profit	−1 145 000	−632 000	−225 000	−588 000
Financial Income	0	5 000	5 000	0
Financial Costs	1 029 000	763 000	754 000	8 000
Financial Balance	−1 029 000	−758 000	−749 000	−8 000
Earnings Before Tax	−2 173 000	−1 390 000	−974 000	−596 000
Tax	0	0	0	0
Net Income	−2 173 000	−1 390 000	−974 000	−596 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 560 000	22 424 000	24 313 000	3 839 000
Total Current Assets	688 000	1 947 000	4 203 000	1 763 000
Total Assets	22 249 000	24 370 000	28 516 000	5 602 000
Total Retained Equity	−5 602 000	−3 429 000	−2 039 000	−1 064 000
Total Equity	20 794 000	−3 399 000	−2 009 000	−1 034 000
Total Long-Term Debt	0	27 080 000	25 318 000	5 701 000
Total Current Debt	1 455 000	689 000	5 207 000	936 000
Total Equity and Debt	22 249 000	24 370 000	28 516 000	5 602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 700 000	3 119 000	12 364 000	965 000
Other Income	0	0	0	0
Revenue	2 700 000	3 119 000	12 364 000	965 000
Cost of Goods Sold	0	9 000	10 349 000	835 000
Salary Costs	2 000	12 000	417 000	498 000
Depreciation	2 370 000	2 367 000	1 165 000	0
Impairment	0	0	0	0
Expenditure	3 845 000	3 751 000	12 589 000	1 553 000
Operating Profit	−1 145 000	−632 000	−225 000	−588 000
Financial Income	0	5 000	5 000	0
Financial Costs	1 029 000	763 000	754 000	8 000
Financial Balance	−1 029 000	−758 000	−749 000	−8 000
Dividends	0	0	0	0
Net Income	−2 173 000	−1 390 000	−974 000	−596 000

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	17 788 000	20 097 000	22 133 000	2 476 000
Total Tangible Assets	17 788 000	20 097 000	22 133 000	2 476 000
Total Fiancial Fixed Assets	3 772 000	2 327 000	2 180 000	1 363 000
Total Fixed Assets	21 560 000	22 424 000	24 313 000	3 839 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	73 000	22 000	1 000	95 000
Total Current Assets	688 000	1 947 000	4 203 000	1 763 000
Total Assets	22 249 000	24 370 000	28 516 000	5 602 000
Total Equity	20 794 000	−3 399 000	−2 009 000	−1 034 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	27 080 000	25 318 000	5 701 000
Creditors	501 000	509 000	5 124 000	837 000
Unpaid Taxes	203 000	180 000	0	6 000
Dividends	0	0	0	0
Other Current Debt	751 000	1 000	83 000	93 000
Total Current Debt	1 455 000	689 000	5 207 000	936 000
Total Equity and Debt	22 249 000	24 370 000	28 516 000	5 602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,45 %	40,89 %	48,48 %	57,64 %
Debt-to-Equity Ratio	0	−7,97	−12,6	−5,51
Operating Profit Margin	−42,41 %	−20,26 %	−1,82 %	−60,93 %
Current Ratio	0,47	2,83	0,81	1,88
Quick Ratio	0,47	2,83	0,81	1,88
Equity Ratio	0,93	−0,14	−0,07	−0,18
Gross Profit Margin	100 %	99,71 %	16,3 %	13,47 %