FOLLO UTEMILJØ AS

1400 SKI

Finances

Share Ownership

Return on Equity

23,92 %

Current Ratio

1,98

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 201 000	9 199 000	5 004 000	0
Net Income	573 000	875 000	911 000	−3 000
Total Assets	4 557 000	3 771 000	2 153 000	50 000
Total Equity	2 395 000	1 822 000	946 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 201 000	9 199 000	5 004 000	0
Expenditure	10 438 000	8 063 000	3 829 000	3 000
Operating Profit	764 000	1 136 000	1 175 000	−3 000
Financial Income	8 000	5 000	0	0
Financial Costs	37 000	16 000	8 000	0
Financial Balance	−29 000	−11 000	−8 000	0
Earnings Before Tax	735 000	1 124 000	1 167 000	−3 000
Tax	162 000	249 000	256 000	0
Net Income	573 000	875 000	911 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 125 000	1 321 000	709 000	0
Total Current Assets	3 432 000	2 450 000	1 444 000	50 000
Total Assets	4 557 000	3 771 000	2 153 000	50 000
Total Retained Equity	2 357 000	1 783 000	908 000	−3 000
Total Equity	2 395 000	1 822 000	946 000	35 000
Total Long-Term Debt	427 000	259 000	286 000	0
Total Current Debt	1 735 000	1 690 000	921 000	15 000
Total Equity and Debt	4 557 000	3 771 000	2 153 000	50 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 886 000	9 132 000	5 004 000	0
Other Income	315 000	68 000	0	0
Revenue	11 201 000	9 199 000	5 004 000	0
Cost of Goods Sold	4 770 000	3 038 000	733 000	0
Salary Costs	2 636 000	2 938 000	1 781 000	0
Depreciation	214 000	120 000	35 000	0
Impairment	0	0	0	0
Expenditure	10 438 000	8 063 000	3 829 000	3 000
Operating Profit	764 000	1 136 000	1 175 000	−3 000
Financial Income	8 000	5 000	0	0
Financial Costs	37 000	16 000	8 000	0
Financial Balance	−29 000	−11 000	−8 000	0
Dividends	0	0	0	0
Net Income	573 000	875 000	911 000	−3 000

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	665 000	901 000	473 000	0
Total Tangible Assets	665 000	901 000	473 000	0
Total Fiancial Fixed Assets	460 000	421 000	236 000	0
Total Fixed Assets	1 125 000	1 321 000	709 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	763 000	1 330 000	1 215 000	50 000
Total Current Assets	3 432 000	2 450 000	1 444 000	50 000
Total Assets	4 557 000	3 771 000	2 153 000	50 000
Total Equity	2 395 000	1 822 000	946 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	427 000	259 000	286 000	0
Creditors	498 000	673 000	177 000	9 000
Unpaid Taxes	455 000	493 000	335 000	0
Dividends	0	0	0	0
Other Current Debt	606 000	299 000	175 000	6 000
Total Current Debt	1 735 000	1 690 000	921 000	15 000
Total Equity and Debt	4 557 000	3 771 000	2 153 000	50 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,92 %	48,02 %	96,3 %	−8,57 %
Debt-to-Equity Ratio	0,18	0,14	0,3	0
Operating Profit Margin	6,82 %	12,35 %	23,48 %	-
Current Ratio	1,98	1,45	1,57	3,33
Quick Ratio	1,98	1,45	1,57	3,33
Equity Ratio	0,53	0,48	0,44	0,7
Gross Profit Margin	57,41 %	66,97 %	85,35 %	-