FOLKVORD GÅRD AS

4312 SANDNES

Finances

Share Ownership

Return on Equity

−137,75 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 548 000	5 035 000	4 402 000	2 820 000
Net Income	−343 000	370 000	58 000	135 000
Total Assets	1 063 000	1 464 000	941 000	915 000
Total Equity	249 000	593 000	223 000	165 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 548 000	5 035 000	4 402 000	2 820 000
Expenditure	4 894 000	4 560 000	4 323 000	2 660 000
Operating Profit	−346 000	475 000	80 000	175 000
Financial Income	2 000	2 000	4 000	1 000
Financial Costs	3 000	3 000	10 000	3 000
Financial Balance	−1 000	−1 000	−6 000	−2 000
Earnings Before Tax	−347 000	474 000	74 000	173 000
Tax	−3 000	104 000	16 000	38 000
Net Income	−343 000	370 000	58 000	135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	16 000	20 000	0
Total Current Assets	1 051 000	1 448 000	921 000	915 000
Total Assets	1 063 000	1 464 000	941 000	915 000
Total Retained Equity	219 000	563 000	193 000	135 000
Total Equity	249 000	593 000	223 000	165 000
Total Long-Term Debt	0	3 000	1 000	0
Total Current Debt	813 000	868 000	717 000	750 000
Total Equity and Debt	1 063 000	1 464 000	941 000	915 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 462 000	4 497 000	4 402 000	2 820 000
Other Income	86 000	538 000	0	0
Revenue	4 548 000	5 035 000	4 402 000	2 820 000
Cost of Goods Sold	2 286 000	2 007 000	2 212 000	1 457 000
Salary Costs	1 839 000	1 838 000	1 457 000	877 000
Depreciation	4 000	4 000	1 000	0
Impairment	0	0	0	0
Expenditure	4 894 000	4 560 000	4 323 000	2 660 000
Operating Profit	−346 000	475 000	80 000	175 000
Financial Income	2 000	2 000	4 000	1 000
Financial Costs	3 000	3 000	10 000	3 000
Financial Balance	−1 000	−1 000	−6 000	−2 000
Dividends	0	0	0	0
Net Income	−343 000	370 000	58 000	135 000

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	12 000	16 000	20 000	0
Total Tangible Assets	12 000	16 000	20 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	16 000	20 000	0
Stock	334 000	459 000	266 000	316 000
Total Investments	0	0	0	0
Cash, Bank	624 000	663 000	630 000	541 000
Total Current Assets	1 051 000	1 448 000	921 000	915 000
Total Assets	1 063 000	1 464 000	941 000	915 000
Total Equity	249 000	593 000	223 000	165 000
Short-Term Group Debt	0	0	4 000	4 000
Total Long-Term Debt	0	3 000	1 000	0
Creditors	157 000	316 000	279 000	175 000
Unpaid Taxes	259 000	223 000	208 000	296 000
Dividends	0	0	0	0
Other Current Debt	398 000	226 000	211 000	237 000
Total Current Debt	813 000	868 000	717 000	750 000
Total Equity and Debt	1 063 000	1 464 000	941 000	915 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−137,75 %	62,39 %	26,01 %	81,82 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	−7,61 %	9,43 %	1,82 %	6,21 %
Current Ratio	1,29	1,67	1,28	1,22
Quick Ratio	2,19	3,54	2,04	2,11
Equity Ratio	0,23	0,41	0,24	0,18
Gross Profit Margin	49,74 %	60,14 %	49,75 %	48,33 %