FOLLO HIFI AS

1433 ÅS

Finances

Share Ownership

Return on Equity

55,5 %

Current Ratio

1,14

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2022	2021	2020
Revenue	14 301 000	14 493 000	12 974 000
Net Income	222 000	501 000	660 000
Total Assets	2 992 000	3 483 000	3 862 000
Total Equity	400 000	406 000	405 000

Income (NOK)	2022	2021	2020
Revenue	14 301 000	14 493 000	12 974 000
Expenditure	13 986 000	13 737 000	11 978 000
Operating Profit	314 000	756 000	996 000
Financial Income	12 000	0	0
Financial Costs	41 000	146 000	118 000
Financial Balance	−29 000	−146 000	−118 000
Earnings Before Tax	284 000	610 000	878 000
Tax	63 000	109 000	217 000
Net Income	222 000	501 000	660 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	415 000	431 000	433 000
Total Current Assets	2 577 000	3 052 000	3 429 000
Total Assets	2 992 000	3 483 000	3 862 000
Total Retained Equity	370 000	376 000	375 000
Total Equity	400 000	406 000	405 000
Total Long-Term Debt	338 000	478 000	0
Total Current Debt	2 254 000	2 599 000	3 457 000
Total Equity and Debt	2 992 000	3 483 000	3 862 000

Cash flow (NOK)	2022	2021	2020
Sales Income	14 301 000	14 493 000	12 974 000
Other Income	0	0	0
Revenue	14 301 000	14 493 000	12 974 000
Cost of Goods Sold	9 949 000	9 890 000	8 846 000
Salary Costs	1 338 000	1 279 000	1 111 000
Depreciation	37 000	37 000	28 000
Impairment	0	0	0
Expenditure	13 986 000	13 737 000	11 978 000
Operating Profit	314 000	756 000	996 000
Financial Income	12 000	0	0
Financial Costs	41 000	146 000	118 000
Financial Balance	−29 000	−146 000	−118 000
Dividends	0	0	280 000
Net Income	222 000	501 000	660 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	81 000	60 000	25 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	84 000	122 000	158 000
Total Tangible Assets	84 000	122 000	158 000
Total Fiancial Fixed Assets	250 000	250 000	250 000
Total Fixed Assets	415 000	431 000	433 000
Stock	1 427 000	1 214 000	885 000
Total Investments	0	0	0
Cash, Bank	584 000	1 436 000	2 045 000
Total Current Assets	2 577 000	3 052 000	3 429 000
Total Assets	2 992 000	3 483 000	3 862 000
Total Equity	400 000	406 000	405 000
Short-Term Group Debt	0	280 000	0
Total Long-Term Debt	338 000	478 000	0
Creditors	1 147 000	796 000	1 266 000
Unpaid Taxes	576 000	681 000	898 000
Dividends	0	0	280 000
Other Current Debt	219 000	173 000	178 000
Total Current Debt	2 254 000	2 599 000	3 457 000
Total Equity and Debt	2 992 000	3 483 000	3 862 000

Financial indicators	2022	2021	2020
Return on Equity	55,5 %	123,4 %	162,96 %
Debt-to-Equity Ratio	0,85	1,18	0
Operating Profit Margin	2,2 %	5,22 %	7,68 %
Current Ratio	1,14	1,17	0,99
Quick Ratio	3,12	2,2	1,33
Equity Ratio	0,13	0,12	0,1
Gross Profit Margin	30,43 %	31,76 %	31,82 %