FOLKE HERMANSEN AS

4006 STAVANGER

Finances

Return on Equity

9,3 %

Current Ratio

1,99

Debt-to-Equity Ratio

1,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 120 958 000	4 039 229 000	4 325 976 000	5 345 556 000
Net Income	193 012 000	68 449 000	−326 692 000	1 028 682 000
Total Assets	6 260 428 000	4 494 846 000	4 936 101 000	4 634 407 000
Total Equity	2 075 262 000	1 836 931 000	1 779 582 000	2 241 079 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 120 958 000	4 039 229 000	4 325 976 000	5 345 556 000
Expenditure	4 837 771 000	3 931 971 000	4 578 303 000	5 073 618 000
Operating Profit	283 187 000	107 258 000	−252 327 000	271 938 000
Financial Income	73 480 000	19 788 000	27 762 000	887 594 000
Financial Costs	127 365 000	72 809 000	103 053 000	128 720 000
Financial Balance	−53 885 000	−53 021 000	−75 291 000	758 874 000
Earnings Before Tax	229 302 000	54 237 000	−327 618 000	1 030 812 000
Tax	36 290 000	−14 212 000	−926 000	2 130 000
Net Income	193 012 000	68 449 000	−326 692 000	1 028 682 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 161 420 000	2 883 099 000	3 501 697 000	2 818 712 000
Total Current Assets	2 099 008 000	1 611 747 000	1 434 404 000	1 815 695 000
Total Assets	6 260 428 000	4 494 846 000	4 936 101 000	4 634 407 000
Total Retained Equity	1 874 802 000	1 636 471 000	1 579 122 000	2 040 619 000
Total Equity	2 075 262 000	1 836 931 000	1 779 582 000	2 241 079 000
Total Long-Term Debt	3 132 102 000	1 068 374 000	2 375 305 000	950 447 000
Total Current Debt	1 053 064 000	1 589 541 000	781 214 000	1 442 881 000
Total Equity and Debt	6 260 428 000	4 494 846 000	4 936 101 000	4 634 407 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 120 958 000	4 039 229 000	4 325 976 000	5 345 556 000
Revenue	5 120 958 000	4 039 229 000	4 325 976 000	5 345 556 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 506 251 000	2 199 606 000	2 329 241 000	2 644 957 000
Depreciation	296 613 000	277 606 000	312 328 000	372 117 000
Impairment	0	−146 309 000	354 414 000	−59 826 000
Expenditure	4 837 771 000	3 931 971 000	4 578 303 000	5 073 618 000
Operating Profit	283 187 000	107 258 000	−252 327 000	271 938 000
Financial Income	73 480 000	19 788 000	27 762 000	887 594 000
Financial Costs	127 365 000	72 809 000	103 053 000	128 720 000
Financial Balance	−53 885 000	−53 021 000	−75 291 000	758 874 000
Dividends	0	0	0	0
Net Income	193 012 000	68 449 000	−326 692 000	1 028 682 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	101 459 000	11 675 000	14 796 000	12 418 000
Total Intangible Assets	265 440 000	104 766 000	95 360 000	88 774 000
Real Eastate	174 423 000	48 446 000	33 971 000	30 519 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 308 885 000	1 225 503 000	1 200 381 000	937 579 000
Total Tangible Assets	3 826 700 000	2 723 647 000	3 254 291 000	2 684 122 000
Total Fiancial Fixed Assets	69 280 000	54 686 000	152 046 000	45 816 000
Total Fixed Assets	4 161 420 000	2 883 099 000	3 501 697 000	2 818 712 000
Stock	49 381 000	41 529 000	59 285 000	38 996 000
Total Investments	363 023 000	282 638 000	131 323 000	128 464 000
Cash, Bank	976 476 000	689 036 000	734 004 000	1 079 537 000
Total Current Assets	2 099 008 000	1 611 747 000	1 434 404 000	1 815 695 000
Total Assets	6 260 428 000	4 494 846 000	4 936 101 000	4 634 407 000
Total Equity	2 075 262 000	1 836 931 000	1 779 582 000	2 241 079 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 132 102 000	1 068 374 000	2 375 305 000	950 447 000
Creditors	313 943 000	208 369 000	199 931 000	225 553 000
Unpaid Taxes	161 267 000	135 242 000	137 234 000	129 649 000
Dividends	0	0	0	0
Other Current Debt	532 735 000	411 343 000	406 174 000	419 551 000
Total Current Debt	1 053 064 000	1 589 541 000	781 214 000	1 442 881 000
Total Equity and Debt	6 260 428 000	4 494 846 000	4 936 101 000	4 634 407 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,3 %	3,73 %	−18,36 %	45,9 %
Debt-to-Equity Ratio	1,51	0,58	1,33	0,42
Operating Profit Margin	5,53 %	2,66 %	−5,83 %	5,09 %
Current Ratio	1,99	1,01	1,84	1,26
Quick Ratio	2,09	1,04	1,99	1,29
Equity Ratio	0,33	0,41	0,36	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %