HANS FØLSGAARD AS

4876 GRIMSTAD

Finances

Share Ownership

Return on Equity

26,75 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	99 244 000	55 258 000	46 252 000	50 496 000
Net Income	2 208 000	2 582 000	1 533 000	3 312 000
Total Assets	39 522 000	20 123 000	18 123 000	18 487 000
Total Equity	8 254 000	6 045 000	4 563 000	7 530 000

Income (NOK)	2023	2022	2021	2020
Revenue	99 244 000	55 258 000	46 252 000	50 496 000
Expenditure	95 241 000	51 714 000	43 692 000	47 106 000
Operating Profit	4 003 000	3 544 000	2 560 000	3 390 000
Financial Income	1 128 000	1 322 000	2 062 000	1 474 000
Financial Costs	2 299 000	1 556 000	2 657 000	615 000
Financial Balance	−1 171 000	−234 000	−595 000	859 000
Earnings Before Tax	2 831 000	3 311 000	1 965 000	4 248 000
Tax	623 000	728 000	432 000	936 000
Net Income	2 208 000	2 582 000	1 533 000	3 312 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	109 000	32 000	39 000	44 000
Total Current Assets	39 413 000	20 091 000	18 084 000	18 444 000
Total Assets	39 522 000	20 123 000	18 123 000	18 487 000
Total Retained Equity	0	5 736 000	4 253 000	7 221 000
Total Equity	8 254 000	6 045 000	4 563 000	7 530 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	31 269 000	14 078 000	13 560 000	10 957 000
Total Equity and Debt	39 522 000	20 123 000	18 123 000	18 487 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	99 244 000	55 258 000	46 252 000	50 496 000
Other Income	0	0	0	0
Revenue	99 244 000	55 258 000	46 252 000	50 496 000
Cost of Goods Sold	81 103 000	40 326 000	33 018 000	36 711 000
Salary Costs	7 965 000	7 006 000	6 941 000	6 612 000
Depreciation	17 000	0	0	0
Impairment	0	0	0	0
Expenditure	95 241 000	51 714 000	43 692 000	47 106 000
Operating Profit	4 003 000	3 544 000	2 560 000	3 390 000
Financial Income	1 128 000	1 322 000	2 062 000	1 474 000
Financial Costs	2 299 000	1 556 000	2 657 000	615 000
Financial Balance	−1 171 000	−234 000	−595 000	859 000
Dividends	0	1 100 000	4 500 000	0
Net Income	2 208 000	2 582 000	1 533 000	3 312 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	59 000	32 000	39 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	0	0	0
Total Tangible Assets	50 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 000	32 000	39 000	44 000
Stock	102 000	129 000	114 000	1 129 000
Total Investments	0	0	0	0
Cash, Bank	187 000	161 000	180 000	471 000
Total Current Assets	39 413 000	20 091 000	18 084 000	18 444 000
Total Assets	39 522 000	20 123 000	18 123 000	18 487 000
Total Equity	8 254 000	6 045 000	4 563 000	7 530 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 406 000	5 062 000	3 392 000	4 420 000
Unpaid Taxes	11 541 000	4 812 000	2 908 000	3 364 000
Dividends	0	1 100 000	4 500 000	0
Other Current Debt	4 164 000	2 424 000	1 641 000	1 949 000
Total Current Debt	31 269 000	14 078 000	13 560 000	10 957 000
Total Equity and Debt	39 522 000	20 123 000	18 123 000	18 487 000

Financial indicators	2023	2022	2021	2020
Return on Equity	26,75 %	42,71 %	33,6 %	43,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,03 %	6,41 %	5,53 %	6,71 %
Current Ratio	1,26	1,43	1,33	1,68
Quick Ratio	1,26	1,44	1,34	1,88
Equity Ratio	0,21	0,3	0,25	0,41
Gross Profit Margin	18,28 %	27,02 %	28,61 %	27,3 %