FOLK I FARTA AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

15,22 %

Current Ratio

2,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 391 000	2 616 000	2 145 000	3 397 000
Net Income	165 000	−30 000	−88 000	−170 000
Total Assets	1 556 000	1 332 000	1 288 000	1 551 000
Total Equity	1 084 000	919 000	949 000	1 037 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 391 000	2 616 000	2 145 000	3 397 000
Expenditure	3 175 000	2 645 000	2 235 000	3 606 000
Operating Profit	216 000	−29 000	−91 000	−209 000
Financial Income	2 000	2 000	1 000	1 000
Financial Costs	6 000	12 000	23 000	10 000
Financial Balance	−4 000	−10 000	−22 000	−9 000
Earnings Before Tax	212 000	−39 000	−113 000	−218 000
Tax	47 000	−9 000	−25 000	−48 000
Net Income	165 000	−30 000	−88 000	−170 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	241 000	413 000	440 000	431 000
Total Current Assets	1 315 000	919 000	849 000	1 121 000
Total Assets	1 556 000	1 332 000	1 288 000	1 551 000
Total Retained Equity	886 000	720 000	751 000	839 000
Total Equity	1 084 000	919 000	949 000	1 037 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	471 000	413 000	339 000	515 000
Total Equity and Debt	1 556 000	1 332 000	1 288 000	1 551 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 349 000	2 298 000	1 825 000	3 373 000
Other Income	42 000	319 000	320 000	24 000
Revenue	3 391 000	2 616 000	2 145 000	3 397 000
Cost of Goods Sold	1 595 000	1 132 000	900 000	1 701 000
Salary Costs	884 000	939 000	469 000	759 000
Depreciation	4 000	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	3 175 000	2 645 000	2 235 000	3 606 000
Operating Profit	216 000	−29 000	−91 000	−209 000
Financial Income	2 000	2 000	1 000	1 000
Financial Costs	6 000	12 000	23 000	10 000
Financial Balance	−4 000	−10 000	−22 000	−9 000
Dividends	0	0	0	0
Net Income	165 000	−30 000	−88 000	−170 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	57 000	104 000	95 000	81 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	4 000	10 000	15 000
Total Tangible Assets	0	4 000	10 000	15 000
Total Fiancial Fixed Assets	183 000	305 000	335 000	335 000
Total Fixed Assets	241 000	413 000	440 000	431 000
Stock	597 000	363 000	439 000	439 000
Total Investments	0	0	0	0
Cash, Bank	695 000	537 000	37 000	191 000
Total Current Assets	1 315 000	919 000	849 000	1 121 000
Total Assets	1 556 000	1 332 000	1 288 000	1 551 000
Total Equity	1 084 000	919 000	949 000	1 037 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	199 000	171 000	97 000	285 000
Unpaid Taxes	160 000	133 000	116 000	116 000
Dividends	0	0	0	0
Other Current Debt	113 000	109 000	86 000	114 000
Total Current Debt	471 000	413 000	339 000	515 000
Total Equity and Debt	1 556 000	1 332 000	1 288 000	1 551 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,22 %	−3,26 %	−9,27 %	−16,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,37 %	−1,11 %	−4,24 %	−6,15 %
Current Ratio	2,79	2,23	2,5	2,18
Quick Ratio	−10,44	18,38	−8,49	14,75
Equity Ratio	0,7	0,69	0,74	0,67
Gross Profit Margin	52,96 %	56,73 %	58,04 %	49,93 %