FOLKS CONSULTING GROUP AS

0275 OSLO

Finances

Return on Equity

−4,17 %

Current Ratio

0,17

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	32 000	420 000	107 000
Net Income	11 000	−260 000	−1 102 000
Total Assets	1 386 000	1 059 000	1 321 000
Total Equity	−264 000	−275 000	−272 000

Income (NOK)	2022	2021	2020
Revenue	32 000	420 000	107 000
Expenditure	9 000	663 000	1 208 000
Operating Profit	22 000	−243 000	−1 102 000
Financial Income	0	1 000	0
Financial Costs	12 000	19 000	0
Financial Balance	−12 000	−18 000	0
Earnings Before Tax	11 000	−260 000	−1 102 000
Tax	0	0	0
Net Income	11 000	−260 000	−1 102 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 100 000	1 100 000	800 000
Total Current Assets	286 000	−41 000	520 000
Total Assets	1 386 000	1 059 000	1 321 000
Total Retained Equity	−1 352 000	−1 363 000	−1 102 000
Total Equity	−264 000	−275 000	−272 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 650 000	1 334 000	1 593 000
Total Equity and Debt	1 386 000	1 059 000	1 321 000

Cash flow (NOK)	2022	2021	2020
Sales Income	32 000	289 000	107 000
Other Income	0	131 000	0
Revenue	32 000	420 000	107 000
Cost of Goods Sold	0	0	238 000
Salary Costs	0	243 000	671 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	9 000	663 000	1 208 000
Operating Profit	22 000	−243 000	−1 102 000
Financial Income	0	1 000	0
Financial Costs	12 000	19 000	0
Financial Balance	−12 000	−18 000	0
Dividends	0	0	0
Net Income	11 000	−260 000	−1 102 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	1 100 000	1 100 000	800 000
Total Fixed Assets	1 100 000	1 100 000	800 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	20 000	117 000	79 000
Total Current Assets	286 000	−41 000	520 000
Total Assets	1 386 000	1 059 000	1 321 000
Total Equity	−264 000	−275 000	−272 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	−17 000	41 000	0
Unpaid Taxes	8 000	118 000	257 000
Dividends	0	0	0
Other Current Debt	1 659 000	1 174 000	1 335 000
Total Current Debt	1 650 000	1 334 000	1 593 000
Total Equity and Debt	1 386 000	1 059 000	1 321 000

Financial indicators	2022	2021	2020
Return on Equity	−4,17 %	94,55 %	405,15 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	68,75 %	−57,86 %	−1 029,91 %
Current Ratio	0,17	−0,03	0,33
Quick Ratio	0,17	−0,03	0,33
Equity Ratio	−0,19	−0,26	−0,21
Gross Profit Margin	100 %	100 %	−122,43 %