FOLKESTAD KVV SERVICE AS

3802 BØ I TELEMARK

Finances

Return on Equity

−13,19 %

Current Ratio

2,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 587 000	5 429 000	7 259 000	6 774 000
Net Income	−292 000	96 000	314 000	174 000
Total Assets	3 304 000	3 476 000	3 366 000	3 253 000
Total Equity	2 213 000	2 506 000	2 409 000	2 095 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 587 000	5 429 000	7 259 000	6 774 000
Expenditure	4 841 000	5 305 000	6 853 000	6 545 000
Operating Profit	−254 000	125 000	405 000	229 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	2 000	6 000
Financial Balance	−1 000	−1 000	−2 000	−6 000
Earnings Before Tax	−255 000	124 000	403 000	223 000
Tax	37 000	27 000	89 000	49 000
Net Income	−292 000	96 000	314 000	174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	318 000	435 000	531 000	137 000
Total Current Assets	2 986 000	3 041 000	2 835 000	3 116 000
Total Assets	3 304 000	3 476 000	3 366 000	3 253 000
Total Retained Equity	2 013 000	2 306 000	2 209 000	1 895 000
Total Equity	2 213 000	2 506 000	2 409 000	2 095 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 090 000	970 000	956 000	1 158 000
Total Equity and Debt	3 304 000	3 476 000	3 366 000	3 253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 587 000	5 429 000	7 233 000	6 774 000
Other Income	0	0	26 000	0
Revenue	4 587 000	5 429 000	7 259 000	6 774 000
Cost of Goods Sold	2 597 000	2 906 000	4 325 000	4 172 000
Salary Costs	1 626 000	1 790 000	1 716 000	1 670 000
Depreciation	80 000	80 000	73 000	7 000
Impairment	0	0	0	0
Expenditure	4 841 000	5 305 000	6 853 000	6 545 000
Operating Profit	−254 000	125 000	405 000	229 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	2 000	6 000
Financial Balance	−1 000	−1 000	−2 000	−6 000
Dividends	0	0	0	0
Net Income	−292 000	96 000	314 000	174 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	37 000	53 000	104 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	316 000	396 000	476 000	31 000
Total Tangible Assets	316 000	396 000	476 000	31 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	318 000	435 000	531 000	137 000
Stock	1 300 000	1 079 000	1 182 000	1 148 000
Total Investments	0	0	0	0
Cash, Bank	1 257 000	1 749 000	1 138 000	1 267 000
Total Current Assets	2 986 000	3 041 000	2 835 000	3 116 000
Total Assets	3 304 000	3 476 000	3 366 000	3 253 000
Total Equity	2 213 000	2 506 000	2 409 000	2 095 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	603 000	485 000	329 000	685 000
Unpaid Taxes	255 000	241 000	309 000	241 000
Dividends	0	0	0	0
Other Current Debt	233 000	233 000	281 000	232 000
Total Current Debt	1 090 000	970 000	956 000	1 158 000
Total Equity and Debt	3 304 000	3 476 000	3 366 000	3 253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,19 %	3,83 %	13,03 %	8,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,54 %	2,3 %	5,58 %	3,38 %
Current Ratio	2,74	3,14	2,97	2,69
Quick Ratio	−14,22	−27,9	−12,54	311,6
Equity Ratio	0,67	0,72	0,72	0,64
Gross Profit Margin	43,38 %	46,47 %	40,42 %	38,41 %