FOLKESTAD EIENDOM AS

3800 BØ I TELEMARK

Finances

Return on Equity

10,86 %

Current Ratio

0,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	749 000	748 000	722 000	722 000
Net Income	392 000	401 000	366 000	350 000
Total Assets	5 890 000	5 436 000	7 275 000	7 104 000
Total Equity	3 611 000	3 218 000	6 818 000	6 652 000

Income (NOK)	2022	2021	2020	2019
Revenue	749 000	748 000	722 000	722 000
Expenditure	246 000	235 000	253 000	273 000
Operating Profit	503 000	514 000	469 000	449 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	1 000	0
Earnings Before Tax	503 000	514 000	469 000	449 000
Tax	111 000	113 000	103 000	99 000
Net Income	392 000	401 000	366 000	350 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 741 000	4 849 000	4 662 000	4 769 000
Total Current Assets	1 149 000	587 000	2 613 000	2 335 000
Total Assets	5 890 000	5 436 000	7 275 000	7 104 000
Total Retained Equity	1 461 000	1 068 000	4 668 000	4 502 000
Total Equity	3 611 000	3 218 000	6 818 000	6 652 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 280 000	2 218 000	457 000	452 000
Total Equity and Debt	5 890 000	5 436 000	7 275 000	7 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	749 000	748 000	722 000	722 000
Revenue	749 000	748 000	722 000	722 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	99 000	97 000	104 000	105 000
Impairment	0	0	0	0
Expenditure	246 000	235 000	253 000	273 000
Operating Profit	503 000	514 000	469 000	449 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	1 000	0
Dividends	0	0	200 000	200 000
Net Income	392 000	401 000	366 000	350 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	153 000	162 000	171 000	174 000
Real Eastate	1 436 000	1 534 000	1 332 000	1 420 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	1 000	7 000	23 000
Total Tangible Assets	1 436 000	1 535 000	1 339 000	1 443 000
Total Fiancial Fixed Assets	3 152 000	3 152 000	3 152 000	3 152 000
Total Fixed Assets	4 741 000	4 849 000	4 662 000	4 769 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 064 000	576 000	2 613 000	2 335 000
Total Current Assets	1 149 000	587 000	2 613 000	2 335 000
Total Assets	5 890 000	5 436 000	7 275 000	7 104 000
Total Equity	3 611 000	3 218 000	6 818 000	6 652 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	17 000	4 000	4 000
Unpaid Taxes	158 000	88 000	153 000	150 000
Dividends	0	0	200 000	200 000
Other Current Debt	2 000 000	2 009 000	200 000	204 000
Total Current Debt	2 280 000	2 218 000	457 000	452 000
Total Equity and Debt	5 890 000	5 436 000	7 275 000	7 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,86 %	12,46 %	5,37 %	5,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	67,16 %	68,72 %	64,96 %	62,19 %
Current Ratio	0,5	0,26	5,72	5,17
Quick Ratio	0,5	0,26	5,72	5,17
Equity Ratio	0,61	0,59	0,94	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %