FOLLDAL ELEKTRO AS

2580 FOLLDAL

Finances

Return on Equity

22,5 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 340 000	14 927 000	13 808 000	13 459 000
Net Income	1 738 000	1 065 000	−2 255 000	725 000
Total Assets	15 869 000	12 379 000	12 453 000	13 523 000
Total Equity	7 725 000	6 256 000	5 192 000	7 209 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 340 000	14 927 000	13 808 000	13 459 000
Expenditure	22 106 000	14 125 000	16 441 000	12 690 000
Operating Profit	2 484 000	801 000	−2 632 000	769 000
Financial Income	23 000	776 000	85 000	95 000
Financial Costs	245 000	112 000	309 000	93 000
Financial Balance	−222 000	664 000	−224 000	2 000
Earnings Before Tax	2 261 000	1 466 000	−2 856 000	770 000
Tax	523 000	401 000	−601 000	165 000
Net Income	1 738 000	1 065 000	−2 255 000	725 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000 000	5 863 000	6 474 000	6 908 000
Total Current Assets	8 869 000	6 516 000	5 979 000	6 615 000
Total Assets	15 869 000	12 379 000	12 453 000	13 523 000
Total Retained Equity	7 479 000	6 006 000	4 942 000	6 976 000
Total Equity	7 725 000	6 256 000	5 192 000	7 209 000
Total Long-Term Debt	2 780 000	2 783 000	3 324 000	2 202 000
Total Current Debt	5 364 000	3 339 000	3 938 000	4 112 000
Total Equity and Debt	15 869 000	12 379 000	12 453 000	13 523 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 311 000	14 893 000	13 563 000	13 348 000
Other Income	29 000	33 000	245 000	111 000
Revenue	24 340 000	14 927 000	13 808 000	13 459 000
Cost of Goods Sold	9 582 000	4 454 000	4 246 000	4 653 000
Salary Costs	8 557 000	7 143 000	6 586 000	5 930 000
Depreciation	615 000	566 000	562 000	397 000
Impairment	0	0	0	0
Expenditure	22 106 000	14 125 000	16 441 000	12 690 000
Operating Profit	2 484 000	801 000	−2 632 000	769 000
Financial Income	23 000	776 000	85 000	95 000
Financial Costs	245 000	112 000	309 000	93 000
Financial Balance	−222 000	664 000	−224 000	2 000
Dividends	250 000	0	0	0
Net Income	1 738 000	1 065 000	−2 255 000	725 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	185 000	586 000	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	413 000	35 000	17 000	21 000
Fixtures	2 975 000	2 801 000	3 360 000	3 831 000
Total Tangible Assets	3 388 000	2 836 000	3 377 000	3 853 000
Total Fiancial Fixed Assets	3 612 000	2 843 000	2 511 000	3 032 000
Total Fixed Assets	7 000 000	5 863 000	6 474 000	6 908 000
Stock	1 622 000	1 372 000	1 636 000	1 313 000
Total Investments	90 000	0	0	0
Cash, Bank	2 328 000	282 000	1 180 000	2 907 000
Total Current Assets	8 869 000	6 516 000	5 979 000	6 615 000
Total Assets	15 869 000	12 379 000	12 453 000	13 523 000
Total Equity	7 725 000	6 256 000	5 192 000	7 209 000
Short-Term Group Debt	600 000	35 000	65 000	0
Total Long-Term Debt	2 780 000	2 783 000	3 324 000	2 202 000
Creditors	1 280 000	762 000	648 000	2 525 000
Unpaid Taxes	1 291 000	1 066 000	906 000	594 000
Dividends	250 000	0	0	0
Other Current Debt	1 873 000	1 276 000	2 319 000	839 000
Total Current Debt	5 364 000	3 339 000	3 938 000	4 112 000
Total Equity and Debt	15 869 000	12 379 000	12 453 000	13 523 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,5 %	17,02 %	−43,43 %	10,06 %
Debt-to-Equity Ratio	0,36	0,44	0,64	0,31
Operating Profit Margin	10,21 %	5,37 %	−19,06 %	5,71 %
Current Ratio	1,65	1,95	1,52	1,61
Quick Ratio	2,37	3,31	2,6	2,36
Equity Ratio	0,49	0,51	0,42	0,53
Gross Profit Margin	60,63 %	70,16 %	69,25 %	65,43 %