FOLLO VANN & VARME AS

1423 SKI

Finances

Share Ownership

Return on Equity

83,8 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020
Revenue	5 029 000	2 217 000	0
Net Income	362 000	282 000	−12 000
Total Assets	1 798 000	564 000	18 000
Total Equity	432 000	371 000	18 000

Income (NOK)	2022	2021	2020
Revenue	5 029 000	2 217 000	0
Expenditure	4 566 000	1 857 000	12 000
Operating Profit	463 000	359 000	−12 000
Financial Income	2 000	0	0
Financial Costs	0	0	0
Financial Balance	2 000	0	0
Earnings Before Tax	464 000	359 000	−12 000
Tax	102 000	77 000	0
Net Income	362 000	282 000	−12 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	483 000	0	0
Total Current Assets	1 314 000	564 000	18 000
Total Assets	1 798 000	564 000	18 000
Total Retained Equity	332 000	271 000	−12 000
Total Equity	432 000	371 000	18 000
Total Long-Term Debt	405 000	0	0
Total Current Debt	961 000	193 000	0
Total Equity and Debt	1 798 000	564 000	18 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 029 000	2 217 000	0
Other Income	0	0	0
Revenue	5 029 000	2 217 000	0
Cost of Goods Sold	2 546 000	980 000	0
Salary Costs	1 164 000	438 000	0
Depreciation	25 000	0	0
Impairment	0	0	0
Expenditure	4 566 000	1 857 000	12 000
Operating Profit	463 000	359 000	−12 000
Financial Income	2 000	0	0
Financial Costs	0	0	0
Financial Balance	2 000	0	0
Dividends	300 000	0	0
Net Income	362 000	282 000	−12 000

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	483 000	0	0
Total Tangible Assets	483 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	483 000	0	0
Stock	24 000	0	0
Total Investments	0	0	0
Cash, Bank	585 000	322 000	18 000
Total Current Assets	1 314 000	564 000	18 000
Total Assets	1 798 000	564 000	18 000
Total Equity	432 000	371 000	18 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	405 000	0	0
Creditors	92 000	0	0
Unpaid Taxes	235 000	65 000	0
Dividends	300 000	0	0
Other Current Debt	252 000	52 000	0
Total Current Debt	961 000	193 000	0
Total Equity and Debt	1 798 000	564 000	18 000

Financial indicators	2022	2021	2020
Return on Equity	83,8 %	76,01 %	−66,67 %
Debt-to-Equity Ratio	0,94	0	0
Operating Profit Margin	9,21 %	16,19 %	-
Current Ratio	1,37	2,92	-
Quick Ratio	1,4	2,92	-
Equity Ratio	0,24	0,66	1
Gross Profit Margin	49,37 %	55,8 %	-