FOLKVORDVEIEN 75 AS

4318 SANDNES

Finances

Share Ownership

Return on Equity

116,98 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	90 820 000	0	0
Net Income	1 288 000	1 667 000	−86 000	−168 000
Total Assets	4 044 000	4 705 000	62 730 000	51 162 000
Total Equity	1 101 000	1 013 000	746 000	832 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	90 820 000	0	0
Expenditure	−1 647 000	88 663 000	60 000	169 000
Operating Profit	1 647 000	2 157 000	−60 000	−169 000
Financial Income	7 000	0	0	0
Financial Costs	3 000	20 000	50 000	47 000
Financial Balance	4 000	−20 000	−50 000	−47 000
Earnings Before Tax	1 652 000	2 137 000	−110 000	−216 000
Tax	363 000	470 000	−24 000	−47 000
Net Income	1 288 000	1 667 000	−86 000	−168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 174 000	0	72 000	47 000
Total Current Assets	2 870 000	4 705 000	62 658 000	51 115 000
Total Assets	4 044 000	4 705 000	62 730 000	51 162 000
Total Retained Equity	101 000	13 000	−254 000	−168 000
Total Equity	1 101 000	1 013 000	746 000	832 000
Total Long-Term Debt	0	0	11 500 000	9 500 000
Total Current Debt	2 942 000	3 692 000	50 483 000	40 830 000
Total Equity and Debt	4 044 000	4 705 000	62 730 000	51 162 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	90 820 000	0	0
Other Income	0	0	0	0
Revenue	0	90 820 000	0	0
Cost of Goods Sold	−1 754 000	88 608 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−1 647 000	88 663 000	60 000	169 000
Operating Profit	1 647 000	2 157 000	−60 000	−169 000
Financial Income	7 000	0	0	0
Financial Costs	3 000	20 000	50 000	47 000
Financial Balance	4 000	−20 000	−50 000	−47 000
Dividends	1 200 000	1 400 000	0	0
Net Income	1 288 000	1 667 000	−86 000	−168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	72 000	47 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 174 000	0	0	0
Total Fixed Assets	1 174 000	0	72 000	47 000
Stock	0	0	61 912 000	50 674 000
Total Investments	0	0	0	0
Cash, Bank	2 569 000	3 701 000	731 000	426 000
Total Current Assets	2 870 000	4 705 000	62 658 000	51 115 000
Total Assets	4 044 000	4 705 000	62 730 000	51 162 000
Total Equity	1 101 000	1 013 000	746 000	832 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	11 500 000	9 500 000
Creditors	0	1 075 000	2 083 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	1 200 000	1 400 000	0	0
Other Current Debt	1 379 000	818 000	0	12 827 000
Total Current Debt	2 942 000	3 692 000	50 483 000	40 830 000
Total Equity and Debt	4 044 000	4 705 000	62 730 000	51 162 000

Financial indicators	2022	2021	2020	2019
Return on Equity	116,98 %	164,56 %	−11,53 %	−20,19 %
Debt-to-Equity Ratio	0	0	15,42	11,42
Operating Profit Margin	-	2,38 %	-	-
Current Ratio	0,98	1,27	1,24	1,25
Quick Ratio	0,98	1,27	−5,48	−5,19
Equity Ratio	0,27	0,22	0,01	0,02
Gross Profit Margin	-	2,44 %	-	-