FOLKESTADBAKKEN UTVIKLING AS

1526 MOSS

Finances

Share Ownership

Return on Equity

94,26 %

Current Ratio

27,5

Debt-to-Equity Ratio

24,79

Key figures (NOK)	2022	2021	2020
Revenue	6 043 000	0	0
Net Income	493 000	−46 000	−6 000
Total Assets	13 998 000	11 591 000	10 824 000
Total Equity	523 000	30 000	19 000

Income (NOK)	2022	2021	2020
Revenue	6 043 000	0	0
Expenditure	5 278 000	20 000	9 000
Operating Profit	766 000	−20 000	−9 000
Financial Income	1 000	0	0
Financial Costs	135 000	39 000	0
Financial Balance	−134 000	−39 000	0
Earnings Before Tax	632 000	−59 000	−9 000
Tax	139 000	−13 000	−3 000
Net Income	493 000	−46 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	3 000
Total Current Assets	13 998 000	11 591 000	10 821 000
Total Assets	13 998 000	11 591 000	10 824 000
Total Retained Equity	441 000	−52 000	−6 000
Total Equity	523 000	30 000	19 000
Total Long-Term Debt	12 966 000	8 539 000	4 751 000
Total Current Debt	509 000	3 022 000	6 054 000
Total Equity and Debt	13 998 000	11 591 000	10 824 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 043 000	0	0
Other Income	0	0	0
Revenue	6 043 000	0	0
Cost of Goods Sold	5 173 000	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	5 278 000	20 000	9 000
Operating Profit	766 000	−20 000	−9 000
Financial Income	1 000	0	0
Financial Costs	135 000	39 000	0
Financial Balance	−134 000	−39 000	0
Dividends	0	0	0
Net Income	493 000	−46 000	−6 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	3 000
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	0	0	0
Total Fixed Assets	0	0	3 000
Stock	9 277 000	11 475 000	10 628 000
Total Investments	0	0	0
Cash, Bank	4 614 000	43 000	192 000
Total Current Assets	13 998 000	11 591 000	10 821 000
Total Assets	13 998 000	11 591 000	10 824 000
Total Equity	523 000	30 000	19 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	12 966 000	8 539 000	4 751 000
Creditors	313 000	1 000	52 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	57 000	3 020 000	6 002 000
Total Current Debt	509 000	3 022 000	6 054 000
Total Equity and Debt	13 998 000	11 591 000	10 824 000

Financial indicators	2022	2021	2020
Return on Equity	94,26 %	−153,33 %	−31,58 %
Debt-to-Equity Ratio	24,79	284,63	250,05
Operating Profit Margin	12,68 %	-	-
Current Ratio	27,5	3,84	1,79
Quick Ratio	−1,6	−1,37	−2,37
Equity Ratio	0,04	0	0
Gross Profit Margin	14,4 %	-	-