SIGURD FOLLAND AS

6533 AVERØY

Finances

Return on Equity

−6,74 %

Current Ratio

1,12

Debt-to-Equity Ratio

1,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	130 058 000	123 974 000	140 557 000	129 429 000
Net Income	−838 000	2 690 000	7 604 000	3 656 000
Total Assets	57 939 000	41 999 000	43 032 000	38 098 000
Total Equity	12 442 000	13 280 000	20 011 000	12 407 000

Income (NOK)	2022	2021	2020	2019
Revenue	130 058 000	123 974 000	140 557 000	129 429 000
Expenditure	142 662 000	123 472 000	127 678 000	124 743 000
Operating Profit	102 000	3 684 000	8 902 000	6 225 000
Financial Income	1 838 000	2 158 000	6 513 000	1 139 000
Financial Costs	3 003 000	2 244 000	5 657 000	2 661 000
Financial Balance	−1 165 000	−86 000	856 000	−1 522 000
Earnings Before Tax	−1 064 000	3 597 000	9 758 000	4 703 000
Tax	−226 000	908 000	2 154 000	1 047 000
Net Income	−838 000	2 690 000	7 604 000	3 656 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 260 000	20 969 000	20 431 000	18 278 000
Total Current Assets	31 679 000	21 030 000	22 601 000	19 820 000
Total Assets	57 939 000	41 999 000	43 032 000	38 098 000
Total Retained Equity	4 071 000	4 909 000	18 007 000	10 403 000
Total Equity	12 442 000	13 280 000	20 011 000	12 407 000
Total Long-Term Debt	17 138 000	14 561 000	15 825 000	16 600 000
Total Current Debt	28 359 000	14 158 000	7 196 000	9 091 000
Total Equity and Debt	57 939 000	41 999 000	43 032 000	38 098 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	129 968 000	123 500 000	140 324 000	129 339 000
Other Income	90 000	474 000	233 000	90 000
Revenue	130 058 000	123 974 000	140 557 000	129 429 000
Cost of Goods Sold	114 167 000	93 741 000	96 155 000	96 371 000
Salary Costs	14 037 000	14 155 000	14 095 000	12 868 000
Depreciation	1 470 000	1 473 000	1 378 000	1 265 000
Impairment	0	0	0	0
Expenditure	142 662 000	123 472 000	127 678 000	124 743 000
Operating Profit	102 000	3 684 000	8 902 000	6 225 000
Financial Income	1 838 000	2 158 000	6 513 000	1 139 000
Financial Costs	3 003 000	2 244 000	5 657 000	2 661 000
Financial Balance	−1 165 000	−86 000	856 000	−1 522 000
Dividends	0	600 000	0	2 000 000
Net Income	−838 000	2 690 000	7 604 000	3 656 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	348 000
Real Eastate	15 914 000	12 039 000	12 126 000	11 023 000
Machinery and Plant Facilities	3 897 000	2 814 000	2 900 000	3 130 000
Fixtures	2 336 000	2 364 000	2 324 000	2 623 000
Total Tangible Assets	22 147 000	17 217 000	17 350 000	16 777 000
Total Fiancial Fixed Assets	4 113 000	3 752 000	3 081 000	1 153 000
Total Fixed Assets	26 260 000	20 969 000	20 431 000	18 278 000
Stock	24 061 000	16 748 000	7 181 000	14 162 000
Total Investments	0	0	100 000	0
Cash, Bank	1 730 000	784 000	6 869 000	1 996 000
Total Current Assets	31 679 000	21 030 000	22 601 000	19 820 000
Total Assets	57 939 000	41 999 000	43 032 000	38 098 000
Total Equity	12 442 000	13 280 000	20 011 000	12 407 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 138 000	14 561 000	15 825 000	16 600 000
Creditors	4 545 000	2 452 000	2 820 000	4 863 000
Unpaid Taxes	1 271 000	1 613 000	1 505 000	870 000
Dividends	0	600 000	0	2 000 000
Other Current Debt	1 710 000	1 870 000	1 596 000	1 358 000
Total Current Debt	28 359 000	14 158 000	7 196 000	9 091 000
Total Equity and Debt	57 939 000	41 999 000	43 032 000	38 098 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,74 %	20,26 %	38 %	29,47 %
Debt-to-Equity Ratio	1,38	1,1	0,79	1,34
Operating Profit Margin	0,08 %	2,97 %	6,33 %	4,81 %
Current Ratio	1,12	1,49	3,14	2,18
Quick Ratio	7,37	−8,12	1 506,73	−3,91
Equity Ratio	0,21	0,32	0,47	0,33
Gross Profit Margin	12,22 %	24,39 %	31,59 %	25,54 %