FOLKESTAD & SVINGEN AS

3483 KANA

Finances

Share Ownership

Return on Equity

11,91 %

Current Ratio

3,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 848 000	4 159 000	4 200 000	3 588 000
Net Income	394 000	262 000	587 000	361 000
Total Assets	4 376 000	4 163 000	3 609 000	3 787 000
Total Equity	3 309 000	2 915 000	2 654 000	2 067 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 848 000	4 159 000	4 200 000	3 588 000
Expenditure	4 355 000	3 825 000	3 458 000	3 136 000
Operating Profit	493 000	334 000	743 000	452 000
Financial Income	12 000	2 000	10 000	14 000
Financial Costs	1 000	0	0	4 000
Financial Balance	11 000	2 000	10 000	10 000
Earnings Before Tax	505 000	336 000	752 000	463 000
Tax	111 000	74 000	166 000	102 000
Net Income	394 000	262 000	587 000	361 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	211 000	302 000	402 000	128 000
Total Current Assets	4 164 000	3 861 000	3 207 000	3 660 000
Total Assets	4 376 000	4 163 000	3 609 000	3 787 000
Total Retained Equity	3 209 000	2 815 000	2 554 000	1 967 000
Total Equity	3 309 000	2 915 000	2 654 000	2 067 000
Total Long-Term Debt	0	3 000	6 000	0
Total Current Debt	1 066 000	1 244 000	950 000	1 720 000
Total Equity and Debt	4 376 000	4 163 000	3 609 000	3 787 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 848 000	4 159 000	4 200 000	3 588 000
Other Income	0	0	0	0
Revenue	4 848 000	4 159 000	4 200 000	3 588 000
Cost of Goods Sold	1 745 000	1 482 000	1 416 000	990 000
Salary Costs	2 154 000	1 895 000	1 609 000	1 794 000
Depreciation	93 000	100 000	44 000	39 000
Impairment	0	0	0	0
Expenditure	4 355 000	3 825 000	3 458 000	3 136 000
Operating Profit	493 000	334 000	743 000	452 000
Financial Income	12 000	2 000	10 000	14 000
Financial Costs	1 000	0	0	4 000
Financial Balance	11 000	2 000	10 000	10 000
Dividends	0	0	0	1 000 000
Net Income	394 000	262 000	587 000	361 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	209 000	302 000	402 000	117 000
Total Tangible Assets	209 000	302 000	402 000	117 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	211 000	302 000	402 000	128 000
Stock	0	0	0	109 000
Total Investments	0	0	0	0
Cash, Bank	2 332 000	689 000	1 561 000	3 110 000
Total Current Assets	4 164 000	3 861 000	3 207 000	3 660 000
Total Assets	4 376 000	4 163 000	3 609 000	3 787 000
Total Equity	3 309 000	2 915 000	2 654 000	2 067 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	6 000	0
Creditors	277 000	330 000	114 000	177 000
Unpaid Taxes	411 000	623 000	487 000	240 000
Dividends	0	0	0	1 000 000
Other Current Debt	261 000	215 000	200 000	207 000
Total Current Debt	1 066 000	1 244 000	950 000	1 720 000
Total Equity and Debt	4 376 000	4 163 000	3 609 000	3 787 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,91 %	8,99 %	22,12 %	17,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,17 %	8,03 %	17,69 %	12,6 %
Current Ratio	3,91	3,1	3,38	2,13
Quick Ratio	3,91	3,1	3,38	2,27
Equity Ratio	0,76	0,7	0,74	0,55
Gross Profit Margin	64,01 %	64,37 %	66,29 %	72,41 %