FOLKSEIENDOM UTVIKLING AS

0694 OSLO

Finances

Return on Equity

48,84 %

Current Ratio

0,4

Debt-to-Equity Ratio

2,39

Key figures (NOK)	2022	2021	2020
Revenue	265 000	267 000	0
Net Income	147 000	139 000	−9 000
Total Assets	2 192 000	2 192 000	735 000
Total Equity	301 000	155 000	15 000

Income (NOK)	2022	2021	2020
Revenue	265 000	267 000	0
Expenditure	74 000	90 000	9 000
Operating Profit	191 000	177 000	−9 000
Financial Income	0	0	0
Financial Costs	3 000	0	0
Financial Balance	−3 000	0	0
Earnings Before Tax	188 000	177 000	−9 000
Tax	41 000	38 000	0
Net Income	147 000	139 000	−9 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 720 000	1 705 000	400 000
Total Current Assets	472 000	486 000	335 000
Total Assets	2 192 000	2 192 000	735 000
Total Retained Equity	277 000	130 000	−9 000
Total Equity	301 000	155 000	15 000
Total Long-Term Debt	720 000	720 000	720 000
Total Current Debt	1 171 000	1 317 000	0
Total Equity and Debt	2 192 000	2 192 000	735 000

Cash flow (NOK)	2022	2021	2020
Sales Income	265 000	267 000	0
Other Income	0	0	0
Revenue	265 000	267 000	0
Cost of Goods Sold	0	0	0
Salary Costs	2 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	74 000	90 000	9 000
Operating Profit	191 000	177 000	−9 000
Financial Income	0	0	0
Financial Costs	3 000	0	0
Financial Balance	−3 000	0	0
Dividends	0	0	0
Net Income	147 000	139 000	−9 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	1 720 000	1 705 000	400 000
Total Fixed Assets	1 720 000	1 705 000	400 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	470 000	486 000	132 000
Total Current Assets	472 000	486 000	335 000
Total Assets	2 192 000	2 192 000	735 000
Total Equity	301 000	155 000	15 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	720 000	720 000	720 000
Creditors	0	1 000	0
Unpaid Taxes	19 000	39 000	0
Dividends	0	0	0
Other Current Debt	1 110 000	1 240 000	0
Total Current Debt	1 171 000	1 317 000	0
Total Equity and Debt	2 192 000	2 192 000	735 000

Financial indicators	2022	2021	2020
Return on Equity	48,84 %	89,68 %	−60 %
Debt-to-Equity Ratio	2,39	4,65	48
Operating Profit Margin	72,08 %	66,29 %	-
Current Ratio	0,4	0,37	-
Quick Ratio	0,4	0,37	-
Equity Ratio	0,14	0,07	0,02
Gross Profit Margin	100 %	100 %	-