STIFTELSEN FOLKEN

4008 STAVANGER

Finances

Share Ownership

Return on Equity

5,11 %

Current Ratio

3,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 671 000	9 088 000	9 658 000	15 283 000
Net Income	301 000	1 226 000	1 032 000	458 000
Total Assets	8 055 000	7 390 000	7 536 000	6 522 000
Total Equity	5 894 000	5 593 000	4 367 000	3 335 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 671 000	9 088 000	9 658 000	15 283 000
Expenditure	16 310 000	7 522 000	8 593 000	14 821 000
Operating Profit	361 000	1 566 000	1 065 000	462 000
Financial Income	14 000	6 000	5 000	3 000
Financial Costs	0	25 000	32 000	2 000
Financial Balance	14 000	−19 000	−27 000	1 000
Earnings Before Tax	374 000	1 547 000	1 037 000	463 000
Tax	74 000	321 000	5 000	4 000
Net Income	301 000	1 226 000	1 032 000	458 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	443 000	390 000	601 000	450 000
Total Current Assets	7 612 000	7 000 000	6 934 000	6 072 000
Total Assets	8 055 000	7 390 000	7 536 000	6 522 000
Total Retained Equity	5 207 000	4 906 000	3 681 000	2 648 000
Total Equity	5 894 000	5 593 000	4 367 000	3 335 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 161 000	1 797 000	3 168 000	3 187 000
Total Equity and Debt	8 055 000	7 390 000	7 536 000	6 522 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 494 000	4 800 000	4 327 000	12 188 000
Other Income	3 177 000	4 289 000	5 331 000	3 094 000
Revenue	16 671 000	9 088 000	9 658 000	15 283 000
Cost of Goods Sold	9 847 000	2 871 000	3 949 000	8 834 000
Salary Costs	3 644 000	2 669 000	2 597 000	3 213 000
Depreciation	129 000	119 000	103 000	166 000
Impairment	0	0	0	0
Expenditure	16 310 000	7 522 000	8 593 000	14 821 000
Operating Profit	361 000	1 566 000	1 065 000	462 000
Financial Income	14 000	6 000	5 000	3 000
Financial Costs	0	25 000	32 000	2 000
Financial Balance	14 000	−19 000	−27 000	1 000
Dividends	0	0	0	0
Net Income	301 000	1 226 000	1 032 000	458 000

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	0	0	0	0
Fixtures	443 000	390 000	601 000	450 000
Total Tangible Assets	443 000	390 000	601 000	450 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	443 000	390 000	601 000	450 000
Stock	210 000	286 000	65 000	201 000
Total Investments	0	0	0	0
Cash, Bank	6 721 000	5 278 000	5 780 000	5 346 000
Total Current Assets	7 612 000	7 000 000	6 934 000	6 072 000
Total Assets	8 055 000	7 390 000	7 536 000	6 522 000
Total Equity	5 894 000	5 593 000	4 367 000	3 335 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 008 000	690 000	461 000	1 771 000
Unpaid Taxes	337 000	287 000	219 000	489 000
Dividends	0	0	0	0
Other Current Debt	752 000	506 000	488 000	928 000
Total Current Debt	2 161 000	1 797 000	3 168 000	3 187 000
Total Equity and Debt	8 055 000	7 390 000	7 536 000	6 522 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,11 %	21,92 %	23,63 %	13,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,17 %	17,23 %	11,03 %	3,02 %
Current Ratio	3,52	3,9	2,19	1,91
Quick Ratio	3,9	4,63	2,23	2,03
Equity Ratio	0,73	0,76	0,58	0,51
Gross Profit Margin	40,93 %	68,41 %	59,11 %	42,2 %