FOLLO RØRLEGGERSERVICE AS

1423 SKI

Finances

Return on Equity

15,73 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 504 000	5 708 000	6 248 000	9 464 000
Net Income	252 000	325 000	387 000	1 129 000
Total Assets	3 078 000	3 220 000	3 589 000	3 592 000
Total Equity	1 602 000	1 950 000	2 425 000	2 038 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 504 000	5 708 000	6 248 000	9 464 000
Expenditure	4 174 000	5 289 000	5 763 000	8 047 000
Operating Profit	330 000	420 000	486 000	1 417 000
Financial Income	11 000	13 000	10 000	12 000
Financial Costs	0	0	2 000	4 000
Financial Balance	11 000	13 000	8 000	8 000
Earnings Before Tax	341 000	433 000	494 000	1 425 000
Tax	89 000	108 000	107 000	296 000
Net Income	252 000	325 000	387 000	1 129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	29 000	98 000	99 000
Total Current Assets	3 058 000	3 190 000	3 490 000	3 492 000
Total Assets	3 078 000	3 220 000	3 589 000	3 592 000
Total Retained Equity	1 502 000	1 850 000	2 325 000	1 938 000
Total Equity	1 602 000	1 950 000	2 425 000	2 038 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 476 000	1 269 000	1 163 000	1 554 000
Total Equity and Debt	3 078 000	3 220 000	3 589 000	3 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 494 000	5 682 000	6 180 000	9 464 000
Other Income	10 000	26 000	68 000	0
Revenue	4 504 000	5 708 000	6 248 000	9 464 000
Cost of Goods Sold	1 192 000	1 943 000	2 282 000	4 930 000
Salary Costs	2 007 000	2 340 000	2 536 000	2 113 000
Depreciation	10 000	28 000	31 000	25 000
Impairment	0	0	0	0
Expenditure	4 174 000	5 289 000	5 763 000	8 047 000
Operating Profit	330 000	420 000	486 000	1 417 000
Financial Income	11 000	13 000	10 000	12 000
Financial Costs	0	0	2 000	4 000
Financial Balance	11 000	13 000	8 000	8 000
Dividends	600 000	800 000	0	0
Net Income	252 000	325 000	387 000	1 129 000

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	9 000	19 000	88 000	89 000
Total Tangible Assets	9 000	19 000	88 000	89 000
Total Fiancial Fixed Assets	11 000	11 000	11 000	11 000
Total Fixed Assets	19 000	29 000	98 000	99 000
Stock	11 000	41 000	150 000	43 000
Total Investments	0	0	0	0
Cash, Bank	2 507 000	2 530 000	2 563 000	1 633 000
Total Current Assets	3 058 000	3 190 000	3 490 000	3 492 000
Total Assets	3 078 000	3 220 000	3 589 000	3 592 000
Total Equity	1 602 000	1 950 000	2 425 000	2 038 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	39 000	326 000	146 000
Unpaid Taxes	335 000	227 000	366 000	428 000
Dividends	600 000	800 000	0	0
Other Current Debt	451 000	395 000	365 000	683 000
Total Current Debt	1 476 000	1 269 000	1 163 000	1 554 000
Total Equity and Debt	3 078 000	3 220 000	3 589 000	3 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,73 %	16,67 %	15,96 %	55,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,33 %	7,36 %	7,78 %	14,97 %
Current Ratio	2,07	2,51	3	2,25
Quick Ratio	2,09	2,6	3,45	2,31
Equity Ratio	0,52	0,61	0,68	0,57
Gross Profit Margin	73,53 %	65,96 %	63,48 %	47,91 %