FOLLAND MASKIN AS

6532 AVERØY

Finances

Share Ownership

Return on Equity

40 %

Current Ratio

2,45

Debt-to-Equity Ratio

2,9

Key figures (NOK)	2022	2021	2020
Revenue	707 000	444 000	420 000
Net Income	172 000	103 000	125 000
Total Assets	1 718 000	2 525 000	2 088 000
Total Equity	430 000	258 000	155 000

Income (NOK)	2022	2021	2020
Revenue	707 000	444 000	420 000
Expenditure	412 000	226 000	214 000
Operating Profit	295 000	218 000	206 000
Financial Income	0	0	0
Financial Costs	74 000	85 000	46 000
Financial Balance	−74 000	−85 000	−46 000
Earnings Before Tax	221 000	133 000	160 000
Tax	49 000	29 000	35 000
Net Income	172 000	103 000	125 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 615 000	2 150 000	1 800 000
Total Current Assets	103 000	375 000	288 000
Total Assets	1 718 000	2 525 000	2 088 000
Total Retained Equity	400 000	228 000	125 000
Total Equity	430 000	258 000	155 000
Total Long-Term Debt	1 245 000	1 578 000	1 916 000
Total Current Debt	42 000	689 000	18 000
Total Equity and Debt	1 718 000	2 525 000	2 088 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	707 000	444 000	420 000
Revenue	707 000	444 000	420 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	215 000	200 000	200 000
Impairment	0	0	0
Expenditure	412 000	226 000	214 000
Operating Profit	295 000	218 000	206 000
Financial Income	0	0	0
Financial Costs	74 000	85 000	46 000
Financial Balance	−74 000	−85 000	−46 000
Dividends	0	0	0
Net Income	172 000	103 000	125 000

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	1 800 000
Fixtures	1 615 000	2 150 000	0
Total Tangible Assets	1 615 000	2 150 000	1 800 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 615 000	2 150 000	1 800 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	35 000	71 000	26 000
Total Current Assets	103 000	375 000	288 000
Total Assets	1 718 000	2 525 000	2 088 000
Total Equity	430 000	258 000	155 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 245 000	1 578 000	1 916 000
Creditors	24 000	689 000	0
Unpaid Taxes	18 000	0	18 000
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	42 000	689 000	18 000
Total Equity and Debt	1 718 000	2 525 000	2 088 000

Financial indicators	2022	2021	2020
Return on Equity	40 %	39,92 %	80,65 %
Debt-to-Equity Ratio	2,9	6,12	12,36
Operating Profit Margin	41,73 %	49,1 %	49,05 %
Current Ratio	2,45	0,54	16
Quick Ratio	2,45	0,54	16
Equity Ratio	0,25	0,1	0,07
Gross Profit Margin	100 %	100 %	100 %