FOLKEHYTTA AS

5745 AURLAND

Finances

Return on Equity

28,11 %

Current Ratio

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 851 000	7 935 000	5 832 000	5 286 000
Net Income	1 995 000	640 000	−9 000	862 000
Total Assets	8 959 000	8 343 000	6 883 000	6 840 000
Total Equity	7 098 000	5 603 000	5 463 000	5 472 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 851 000	7 935 000	5 832 000	5 286 000
Expenditure	6 342 000	7 194 000	5 850 000	4 582 000
Operating Profit	2 510 000	741 000	−18 000	704 000
Financial Income	48 000	47 000	40 000	320 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	47 000	46 000	39 000	319 000
Earnings Before Tax	2 557 000	787 000	21 000	1 023 000
Tax	563 000	148 000	30 000	160 000
Net Income	1 995 000	640 000	−9 000	862 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 528 000	3 572 000	3 280 000	2 271 000
Total Current Assets	5 431 000	4 771 000	3 603 000	4 569 000
Total Assets	8 959 000	8 343 000	6 883 000	6 840 000
Total Retained Equity	6 998 000	5 503 000	5 363 000	5 372 000
Total Equity	7 098 000	5 603 000	5 463 000	5 472 000
Total Long-Term Debt	54 000	20 000	0	42 000
Total Current Debt	1 808 000	2 720 000	1 419 000	1 326 000
Total Equity and Debt	8 959 000	8 343 000	6 883 000	6 840 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 803 000	7 887 000	5 784 000	5 262 000
Other Income	48 000	48 000	48 000	24 000
Revenue	8 851 000	7 935 000	5 832 000	5 286 000
Cost of Goods Sold	2 987 000	3 167 000	2 132 000	1 391 000
Salary Costs	2 978 000	3 417 000	3 143 000	2 747 000
Depreciation	93 000	76 000	57 000	40 000
Impairment	0	0	0	0
Expenditure	6 342 000	7 194 000	5 850 000	4 582 000
Operating Profit	2 510 000	741 000	−18 000	704 000
Financial Income	48 000	47 000	40 000	320 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	47 000	46 000	39 000	319 000
Dividends	500 000	500 000	0	0
Net Income	1 995 000	640 000	−9 000	862 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	156 000	161 000	166 000	171 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	376 000	463 000	385 000	260 000
Total Tangible Assets	531 000	624 000	550 000	431 000
Total Fiancial Fixed Assets	2 997 000	2 948 000	2 730 000	1 840 000
Total Fixed Assets	3 528 000	3 572 000	3 280 000	2 271 000
Stock	146 000	0	400 000	726 000
Total Investments	0	0	0	0
Cash, Bank	4 219 000	1 463 000	1 435 000	1 598 000
Total Current Assets	5 431 000	4 771 000	3 603 000	4 569 000
Total Assets	8 959 000	8 343 000	6 883 000	6 840 000
Total Equity	7 098 000	5 603 000	5 463 000	5 472 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	54 000	20 000	0	42 000
Creditors	79 000	1 313 000	314 000	560 000
Unpaid Taxes	362 000	415 000	469 000	298 000
Dividends	500 000	500 000	0	0
Other Current Debt	337 000	365 000	564 000	314 000
Total Current Debt	1 808 000	2 720 000	1 419 000	1 326 000
Total Equity and Debt	8 959 000	8 343 000	6 883 000	6 840 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,11 %	11,42 %	−0,16 %	15,75 %
Debt-to-Equity Ratio	0,01	0	0	0,01
Operating Profit Margin	28,36 %	9,34 %	−0,31 %	13,32 %
Current Ratio	3	1,75	2,54	3,45
Quick Ratio	3,27	1,75	3,54	7,62
Equity Ratio	0,79	0,67	0,79	0,8
Gross Profit Margin	66,25 %	60,09 %	63,44 %	73,69 %