FOLA FOLA BLAKKEN AS

0191 OSLO

Finances

Return on Equity

−30,28 %

Current Ratio

2,07

Debt-to-Equity Ratio

1,71

Key figures (NOK)	2022	2021	2020
Revenue	1 542 000	1 493 000	1 776 000
Net Income	−96 000	931 000	−540 000
Total Assets	1 582 000	882 000	1 508 000
Total Equity	317 000	413 000	−518 000

Income (NOK)	2022	2021	2020
Revenue	1 542 000	1 493 000	1 776 000
Expenditure	1 637 000	732 000	2 414 000
Operating Profit	−94 000	761 000	−639 000
Financial Income	0	200 000	100 000
Financial Costs	1 000	1 000	1 000
Financial Balance	−1 000	199 000	99 000
Earnings Before Tax	−96 000	959 000	−540 000
Tax	0	28 000	0
Net Income	−96 000	931 000	−540 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	84 000	69 000	58 000
Total Current Assets	1 498 000	813 000	1 450 000
Total Assets	1 582 000	882 000	1 508 000
Total Retained Equity	295 000	391 000	−540 000
Total Equity	317 000	413 000	−518 000
Total Long-Term Debt	542 000	332 000	303 000
Total Current Debt	723 000	136 000	1 724 000
Total Equity and Debt	1 582 000	882 000	1 508 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 542 000	1 493 000	1 584 000
Other Income	0	0	191 000
Revenue	1 542 000	1 493 000	1 776 000
Cost of Goods Sold	0	0	0
Salary Costs	1 240 000	230 000	1 917 000
Depreciation	44 000	29 000	18 000
Impairment	0	0	0
Expenditure	1 637 000	732 000	2 414 000
Operating Profit	−94 000	761 000	−639 000
Financial Income	0	200 000	100 000
Financial Costs	1 000	1 000	1 000
Financial Balance	−1 000	199 000	99 000
Dividends	0	0	0
Net Income	−96 000	931 000	−540 000

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	74 000	59 000	48 000
Total Tangible Assets	74 000	59 000	48 000
Total Fiancial Fixed Assets	10 000	10 000	10 000
Total Fixed Assets	84 000	69 000	58 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	730 000	416 000	835 000
Total Current Assets	1 498 000	813 000	1 450 000
Total Assets	1 582 000	882 000	1 508 000
Total Equity	317 000	413 000	−518 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	542 000	332 000	303 000
Creditors	3 000	26 000	155 000
Unpaid Taxes	69 000	53 000	882 000
Dividends	0	0	0
Other Current Debt	652 000	29 000	686 000
Total Current Debt	723 000	136 000	1 724 000
Total Equity and Debt	1 582 000	882 000	1 508 000

Financial indicators	2022	2021	2020
Return on Equity	−30,28 %	225,42 %	104,25 %
Debt-to-Equity Ratio	1,71	0,8	−0,58
Operating Profit Margin	−6,1 %	50,97 %	−35,98 %
Current Ratio	2,07	5,98	0,84
Quick Ratio	2,07	5,98	0,84
Equity Ratio	0,2	0,47	−0,34
Gross Profit Margin	100 %	100 %	100 %