FOLMER FUEL AS

1789 BERG I ØSTFOLD

Finances

Share Ownership

Return on Equity

23,43 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 028 000	21 970 000	19 549 000	38 321 000
Net Income	1 219 000	801 000	1 273 000	1 336 000
Total Assets	8 253 000	7 662 000	6 279 000	12 428 000
Total Equity	5 203 000	3 983 000	3 672 000	3 769 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 028 000	21 970 000	19 549 000	38 321 000
Expenditure	38 469 000	20 941 000	17 917 000	36 610 000
Operating Profit	1 559 000	1 028 000	1 632 000	1 711 000
Financial Income	13 000	1 000	5 000	3 000
Financial Costs	2 000	3 000	5 000	1 000
Financial Balance	11 000	−2 000	0	2 000
Earnings Before Tax	1 570 000	1 027 000	1 632 000	1 713 000
Tax	350 000	226 000	358 000	377 000
Net Income	1 219 000	801 000	1 273 000	1 336 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 214 000	4 145 000	457 000	399 000
Total Current Assets	6 040 000	3 518 000	5 822 000	12 029 000
Total Assets	8 253 000	7 662 000	6 279 000	12 428 000
Total Retained Equity	1 531 000	312 000	0	0
Total Equity	5 203 000	3 983 000	3 672 000	3 769 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 050 000	3 679 000	2 607 000	8 660 000
Total Equity and Debt	8 253 000	7 662 000	6 279 000	12 428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 028 000	21 970 000	19 496 000	38 277 000
Other Income	0	0	52 000	45 000
Revenue	40 028 000	21 970 000	19 549 000	38 321 000
Cost of Goods Sold	37 175 000	20 047 000	17 023 000	35 101 000
Salary Costs	0	39 000	75 000	508 000
Depreciation	75 000	75 000	91 000	79 000
Impairment	0	0	0	0
Expenditure	38 469 000	20 941 000	17 917 000	36 610 000
Operating Profit	1 559 000	1 028 000	1 632 000	1 711 000
Financial Income	13 000	1 000	5 000	3 000
Financial Costs	2 000	3 000	5 000	1 000
Financial Balance	11 000	−2 000	0	2 000
Dividends	0	0	0	0
Net Income	1 219 000	801 000	1 273 000	1 336 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	38 000	34 000	6 000
Real Eastate	111 000	118 000	126 000	134 000
Machinery and Plant Facilities	161 000	229 000	0	0
Fixtures	0	0	297 000	259 000
Total Tangible Assets	272 000	347 000	422 000	393 000
Total Fiancial Fixed Assets	1 926 000	3 760 000	0	0
Total Fixed Assets	2 214 000	4 145 000	457 000	399 000
Stock	797 000	795 000	484 000	188 000
Total Investments	0	0	0	0
Cash, Bank	4 590 000	2 336 000	868 000	2 468 000
Total Current Assets	6 040 000	3 518 000	5 822 000	12 029 000
Total Assets	8 253 000	7 662 000	6 279 000	12 428 000
Total Equity	5 203 000	3 983 000	3 672 000	3 769 000
Short-Term Group Debt	627 000	2 169 000	1 845 000	6 136 000
Total Long-Term Debt	0	0	0	0
Creditors	1 270 000	1 379 000	624 000	2 358 000
Unpaid Taxes	376 000	19 000	21 000	77 000
Dividends	0	0	0	0
Other Current Debt	450 000	21 000	117 000	41 000
Total Current Debt	3 050 000	3 679 000	2 607 000	8 660 000
Total Equity and Debt	8 253 000	7 662 000	6 279 000	12 428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,43 %	20,11 %	34,67 %	35,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,89 %	4,68 %	8,35 %	4,46 %
Current Ratio	1,98	0,96	2,23	1,39
Quick Ratio	2,68	1,22	2,74	1,42
Equity Ratio	0,63	0,52	0,58	0,3
Gross Profit Margin	7,13 %	8,75 %	12,92 %	8,4 %