FOLLO ELEKTRISKE AS

1435 ÅS

Finances

Share Ownership

Return on Equity

21,94 %

Current Ratio

1,68

Debt-to-Equity Ratio

1,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 852 000	7 569 000	5 261 000	5 599 000
Net Income	149 000	245 000	99 000	132 000
Total Assets	2 872 000	1 976 000	2 435 000	2 145 000
Total Equity	679 000	530 000	285 000	386 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 852 000	7 569 000	5 261 000	5 599 000
Expenditure	5 652 000	7 086 000	5 384 000	5 090 000
Operating Profit	222 000	329 000	158 000	199 000
Financial Income	0	0	0	1 000
Financial Costs	31 000	15 000	32 000	32 000
Financial Balance	−31 000	−15 000	−32 000	−31 000
Earnings Before Tax	191 000	314 000	126 000	167 000
Tax	42 000	69 000	28 000	35 000
Net Income	149 000	245 000	99 000	132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 002 000	511 000	748 000	869 000
Total Current Assets	1 870 000	1 465 000	1 687 000	1 276 000
Total Assets	2 872 000	1 976 000	2 435 000	2 145 000
Total Retained Equity	579 000	430 000	185 000	286 000
Total Equity	679 000	530 000	285 000	386 000
Total Long-Term Debt	1 077 000	203 000	737 000	853 000
Total Current Debt	1 115 000	1 243 000	1 414 000	906 000
Total Equity and Debt	2 872 000	1 976 000	2 435 000	2 145 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 817 000	7 520 000	5 261 000	5 599 000
Other Income	35 000	49 000	0	0
Revenue	5 852 000	7 569 000	5 261 000	5 599 000
Cost of Goods Sold	2 112 000	3 366 000	2 135 000	2 155 000
Salary Costs	2 162 000	2 443 000	2 281 000	2 202 000
Depreciation	159 000	156 000	221 000	123 000
Impairment	0	0	0	0
Expenditure	5 652 000	7 086 000	5 384 000	5 090 000
Operating Profit	222 000	329 000	158 000	199 000
Financial Income	0	0	0	1 000
Financial Costs	31 000	15 000	32 000	32 000
Financial Balance	−31 000	−15 000	−32 000	−31 000
Dividends	0	0	200 000	0
Net Income	149 000	245 000	99 000	132 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 000	11 000	17 000	23 000
Fixtures	996 000	500 000	731 000	836 000
Total Tangible Assets	1 002 000	511 000	748 000	859 000
Total Fiancial Fixed Assets	0	0	0	10 000
Total Fixed Assets	1 002 000	511 000	748 000	869 000
Stock	288 000	266 000	420 000	140 000
Total Investments	0	0	0	0
Cash, Bank	145 000	92 000	321 000	161 000
Total Current Assets	1 870 000	1 465 000	1 687 000	1 276 000
Total Assets	2 872 000	1 976 000	2 435 000	2 145 000
Total Equity	679 000	530 000	285 000	386 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 077 000	203 000	737 000	853 000
Creditors	613 000	545 000	499 000	454 000
Unpaid Taxes	134 000	331 000	418 000	176 000
Dividends	0	0	200 000	0
Other Current Debt	350 000	301 000	264 000	263 000
Total Current Debt	1 115 000	1 243 000	1 414 000	906 000
Total Equity and Debt	2 872 000	1 976 000	2 435 000	2 145 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,94 %	46,23 %	34,74 %	34,2 %
Debt-to-Equity Ratio	1,59	0,38	2,59	2,21
Operating Profit Margin	3,79 %	4,35 %	3 %	3,55 %
Current Ratio	1,68	1,18	1,19	1,41
Quick Ratio	2,26	1,5	1,7	1,67
Equity Ratio	0,24	0,27	0,12	0,18
Gross Profit Margin	63,91 %	55,53 %	59,42 %	61,51 %