FOLLESTAD NÆRINGSEIENDOM AS

3474 ÅROS

Finances

Share Ownership

Return on Equity

43,66 %

Current Ratio

2,32

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020
Revenue	1 965 000	1 084 000	998 000
Net Income	1 254 000	579 000	518 000
Total Assets	4 137 000	2 732 000	2 524 000
Total Equity	2 872 000	1 818 000	1 439 000

Income (NOK)	2022	2021	2020
Revenue	1 965 000	1 084 000	998 000
Expenditure	333 000	328 000	334 000
Operating Profit	1 632 000	756 000	665 000
Financial Income	3 000	0	0
Financial Costs	28 000	15 000	0
Financial Balance	−25 000	−15 000	0
Earnings Before Tax	1 608 000	742 000	665 000
Tax	354 000	163 000	146 000
Net Income	1 254 000	579 000	518 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 848 000	1 829 000	1 757 000
Total Current Assets	1 289 000	903 000	767 000
Total Assets	4 137 000	2 732 000	2 524 000
Total Retained Equity	1 451 000	397 000	18 000
Total Equity	2 872 000	1 818 000	1 439 000
Total Long-Term Debt	709 000	458 000	310 000
Total Current Debt	556 000	456 000	775 000
Total Equity and Debt	4 137 000	2 732 000	2 524 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	98 000	306 000
Other Income	1 965 000	986 000	692 000
Revenue	1 965 000	1 084 000	998 000
Cost of Goods Sold	0	0	5 000
Salary Costs	0	0	0
Depreciation	67 000	47 000	45 000
Impairment	0	0	0
Expenditure	333 000	328 000	334 000
Operating Profit	1 632 000	756 000	665 000
Financial Income	3 000	0	0
Financial Costs	28 000	15 000	0
Financial Balance	−25 000	−15 000	0
Dividends	200 000	200 000	500 000
Net Income	1 254 000	579 000	518 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	1 790 000	795 000	719 000
Machinery and Plant Facilities	58 000	34 000	38 000
Fixtures	0	0	0
Total Tangible Assets	1 848 000	829 000	757 000
Total Fiancial Fixed Assets	1 000 000	1 000 000	1 000 000
Total Fixed Assets	2 848 000	1 829 000	1 757 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 143 000	574 000	104 000
Total Current Assets	1 289 000	903 000	767 000
Total Assets	4 137 000	2 732 000	2 524 000
Total Equity	2 872 000	1 818 000	1 439 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	709 000	458 000	310 000
Creditors	7 000	19 000	33 000
Unpaid Taxes	21 000	10 000	17 000
Dividends	200 000	200 000	500 000
Other Current Debt	13 000	0	0
Total Current Debt	556 000	456 000	775 000
Total Equity and Debt	4 137 000	2 732 000	2 524 000

Financial indicators	2022	2021	2020
Return on Equity	43,66 %	31,85 %	36 %
Debt-to-Equity Ratio	0,25	0,25	0,22
Operating Profit Margin	83,05 %	69,74 %	66,63 %
Current Ratio	2,32	1,98	0,99
Quick Ratio	2,32	1,98	0,99
Equity Ratio	0,69	0,67	0,57
Gross Profit Margin	100 %	100 %	99,5 %