FOLKA AS

0166 OSLO

Finances

Share Ownership

Return on Equity

25,65 %

Current Ratio

1,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 697 000	4 114 000	4 384 000	2 990 000
Net Income	298 000	315 000	508 000	291 000
Total Assets	2 522 000	1 941 000	1 639 000	1 333 000
Total Equity	1 162 000	1 197 000	882 000	375 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 697 000	4 114 000	4 384 000	2 990 000
Expenditure	5 316 000	3 719 000	3 729 000	2 616 000
Operating Profit	382 000	395 000	655 000	373 000
Financial Income	12 000	2 000	2 000	2 000
Financial Costs	12 000	0	4 000	2 000
Financial Balance	0	2 000	−2 000	0
Earnings Before Tax	382 000	396 000	653 000	373 000
Tax	85 000	82 000	145 000	82 000
Net Income	298 000	315 000	508 000	291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	0	0	0
Total Current Assets	2 491 000	1 941 000	1 639 000	1 333 000
Total Assets	2 522 000	1 941 000	1 639 000	1 333 000
Total Retained Equity	1 131 000	1 166 000	851 000	344 000
Total Equity	1 162 000	1 197 000	882 000	375 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	1 359 000	744 000	756 000	958 000
Total Equity and Debt	2 522 000	1 941 000	1 639 000	1 333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 697 000	4 114 000	4 384 000	2 990 000
Other Income	0	0	0	0
Revenue	5 697 000	4 114 000	4 384 000	2 990 000
Cost of Goods Sold	1 391 000	742 000	926 000	421 000
Salary Costs	3 281 000	2 498 000	2 354 000	1 880 000
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	5 316 000	3 719 000	3 729 000	2 616 000
Operating Profit	382 000	395 000	655 000	373 000
Financial Income	12 000	2 000	2 000	2 000
Financial Costs	12 000	0	4 000	2 000
Financial Balance	0	2 000	−2 000	0
Dividends	333 000	0	0	0
Net Income	298 000	315 000	508 000	291 000

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	32 000	0	0	0
Total Tangible Assets	32 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 000	0	0	0
Stock	0	0	0	0
Total Investments	0	400 000	0	0
Cash, Bank	1 679 000	1 085 000	1 249 000	717 000
Total Current Assets	2 491 000	1 941 000	1 639 000	1 333 000
Total Assets	2 522 000	1 941 000	1 639 000	1 333 000
Total Equity	1 162 000	1 197 000	882 000	375 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	244 000	9 000	27 000	31 000
Unpaid Taxes	320 000	332 000	331 000	55 000
Dividends	333 000	0	0	0
Other Current Debt	379 000	321 000	253 000	791 000
Total Current Debt	1 359 000	744 000	756 000	958 000
Total Equity and Debt	2 522 000	1 941 000	1 639 000	1 333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,65 %	26,32 %	57,6 %	77,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,71 %	9,6 %	14,94 %	12,47 %
Current Ratio	1,83	2,61	2,17	1,39
Quick Ratio	1,83	2,61	2,17	1,39
Equity Ratio	0,46	0,62	0,54	0,28
Gross Profit Margin	75,58 %	81,96 %	78,88 %	85,92 %