FOLLO VARMEPUMPE TEKNIKK AS

1404 SIGGERUD

Finances

Share Ownership

Return on Equity

79,81 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 647 000	6 818 000	5 192 000	4 148 000
Net Income	862 000	−10 000	61 000	357 000
Total Assets	3 952 000	1 448 000	923 000	1 093 000
Total Equity	1 080 000	319 000	328 000	268 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 647 000	6 818 000	5 192 000	4 148 000
Expenditure	11 834 000	6 901 000	5 186 000	3 671 000
Operating Profit	1 134 000	7 000	82 000	478 000
Financial Income	5 000	5 000	0	0
Financial Costs	9 000	9 000	8 000	6 000
Financial Balance	−4 000	−4 000	−8 000	−6 000
Earnings Before Tax	1 131 000	2 000	74 000	472 000
Tax	269 000	12 000	13 000	114 000
Net Income	862 000	−10 000	61 000	357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	399 000	678 000	388 000	339 000
Total Current Assets	3 553 000	771 000	535 000	755 000
Total Assets	3 952 000	1 448 000	923 000	1 093 000
Total Retained Equity	1 050 000	289 000	298 000	238 000
Total Equity	1 080 000	319 000	328 000	268 000
Total Long-Term Debt	231 000	307 000	73 000	125 000
Total Current Debt	2 641 000	822 000	521 000	701 000
Total Equity and Debt	3 952 000	1 448 000	923 000	1 093 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 627 000	6 818 000	5 192 000	4 148 000
Other Income	20 000	0	0	0
Revenue	12 647 000	6 818 000	5 192 000	4 148 000
Cost of Goods Sold	8 553 000	4 305 000	3 083 000	3 092 000
Salary Costs	2 153 000	1 730 000	1 518 000	8 000
Depreciation	110 000	185 000	71 000	91 000
Impairment	0	0	0	0
Expenditure	11 834 000	6 901 000	5 186 000	3 671 000
Operating Profit	1 134 000	7 000	82 000	478 000
Financial Income	5 000	5 000	0	0
Financial Costs	9 000	9 000	8 000	6 000
Financial Balance	−4 000	−4 000	−8 000	−6 000
Dividends	0	0	0	310 000
Net Income	862 000	−10 000	61 000	357 000

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	356 000	605 000	267 000	339 000
Fixtures	43 000	54 000	84 000	0
Total Tangible Assets	399 000	659 000	351 000	339 000
Total Fiancial Fixed Assets	0	18 000	37 000	0
Total Fixed Assets	399 000	678 000	388 000	339 000
Stock	487 000	165 000	76 000	0
Total Investments	0	0	0	0
Cash, Bank	2 269 000	362 000	249 000	428 000
Total Current Assets	3 553 000	771 000	535 000	755 000
Total Assets	3 952 000	1 448 000	923 000	1 093 000
Total Equity	1 080 000	319 000	328 000	268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	231 000	307 000	73 000	125 000
Creditors	1 582 000	423 000	71 000	255 000
Unpaid Taxes	563 000	221 000	275 000	21 000
Dividends	0	0	0	310 000
Other Current Debt	226 000	167 000	162 000	0
Total Current Debt	2 641 000	822 000	521 000	701 000
Total Equity and Debt	3 952 000	1 448 000	923 000	1 093 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,81 %	−3,13 %	18,6 %	133,21 %
Debt-to-Equity Ratio	0,21	0,96	0,22	0,47
Operating Profit Margin	8,97 %	0,1 %	1,58 %	11,52 %
Current Ratio	1,35	0,94	1,03	1,08
Quick Ratio	1,65	1,17	1,2	1,08
Equity Ratio	0,27	0,22	0,36	0,25
Gross Profit Margin	32,37 %	36,86 %	40,62 %	25,46 %