FOLGEFONNA WERGELAND HOLDING AS

5244 FANA

Finances

Return on Equity

36,18 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	45 000	45 000	0
Net Income	220 000	437 000	167 000	0
Total Assets	871 000	760 000	649 000	34 000
Total Equity	608 000	538 000	201 000	34 000

Income (NOK)	2022	2021	2020
Revenue	0	45 000	45 000
Expenditure	40 000	33 000	44 000
Operating Profit	−40 000	12 000	1 000
Financial Income	261 000	443 000	213 000
Financial Costs	1 000	12 000	0
Financial Balance	260 000	431 000	213 000
Earnings Before Tax	220 000	443 000	214 000
Tax	0	6 000	47 000
Net Income	220 000	437 000	167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	530 000	530 000	0	0
Total Current Assets	341 000	230 000	649 000	34 000
Total Assets	871 000	760 000	649 000	34 000
Total Retained Equity	568 000	498 000	161 000	−6 000
Total Equity	608 000	538 000	201 000	34 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	263 000	222 000	447 000	0
Total Equity and Debt	871 000	760 000	649 000	34 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	45 000	45 000
Other Income	0	0	0
Revenue	0	45 000	45 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	40 000	33 000	44 000
Operating Profit	−40 000	12 000	1 000
Financial Income	261 000	443 000	213 000
Financial Costs	1 000	12 000	0
Financial Balance	260 000	431 000	213 000
Dividends	150 000	100 000	0
Net Income	220 000	437 000	167 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	530 000	530 000	0	0
Total Fixed Assets	530 000	530 000	0	0
Stock	0	0	0	0
Total Investments	0	0	490 000	30 000
Cash, Bank	31 000	14 000	42 000	4 000
Total Current Assets	341 000	230 000	649 000	34 000
Total Assets	871 000	760 000	649 000	34 000
Total Equity	608 000	538 000	201 000	34 000
Short-Term Group Debt	0	0	400 000	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	150 000	100 000	0	0
Other Current Debt	111 000	116 000	0	0
Total Current Debt	263 000	222 000	447 000	0
Total Equity and Debt	871 000	760 000	649 000	34 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,18 %	81,23 %	83,08 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	26,67 %	2,22 %	-
Current Ratio	1,3	1,04	1,45	-
Quick Ratio	1,3	1,04	1,45	-
Equity Ratio	0,7	0,71	0,31	1
Gross Profit Margin	-	100 %	100 %	-