FOLGEFONN INVEST AS

5626 KYSNESSTRAND

Finances

Return on Equity

−1,07 %

Current Ratio

1,86

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	994 000	954 000	951 000	782 000
Net Income	−194 000	2 052 000	2 581 000	2 472 000
Total Assets	26 989 000	29 912 000	29 862 000	30 945 000
Total Equity	18 169 000	18 363 000	16 311 000	14 231 000

Income (NOK)	2022	2021	2020	2019
Revenue	994 000	954 000	951 000	782 000
Expenditure	821 000	490 000	983 000	977 000
Operating Profit	173 000	464 000	−32 000	−195 000
Financial Income	55 000	2 060 000	3 104 000	3 985 000
Financial Costs	477 000	442 000	598 000	1 693 000
Financial Balance	−422 000	1 618 000	2 506 000	2 292 000
Earnings Before Tax	−248 000	2 082 000	2 474 000	2 096 000
Tax	−54 000	31 000	−107 000	−376 000
Net Income	−194 000	2 052 000	2 581 000	2 472 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 253 000	26 300 000	25 628 000	26 334 000
Total Current Assets	736 000	3 612 000	4 234 000	4 611 000
Total Assets	26 989 000	29 912 000	29 862 000	30 945 000
Total Retained Equity	12 769 000	12 963 000	10 911 000	8 831 000
Total Equity	18 169 000	18 363 000	16 311 000	14 231 000
Total Long-Term Debt	8 425 000	9 211 000	12 685 000	15 267 000
Total Current Debt	395 000	2 338 000	865 000	1 447 000
Total Equity and Debt	26 989 000	29 912 000	29 862 000	30 945 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	994 000	954 000	951 000	782 000
Other Income	0	0	0	0
Revenue	994 000	954 000	951 000	782 000
Cost of Goods Sold	0	0	0	0
Salary Costs	391 000	64 000	623 000	553 000
Depreciation	41 000	43 000	40 000	41 000
Impairment	0	0	0	0
Expenditure	821 000	490 000	983 000	977 000
Operating Profit	173 000	464 000	−32 000	−195 000
Financial Income	55 000	2 060 000	3 104 000	3 985 000
Financial Costs	477 000	442 000	598 000	1 693 000
Financial Balance	−422 000	1 618 000	2 506 000	2 292 000
Dividends	0	0	500 000	0
Net Income	−194 000	2 052 000	2 581 000	2 472 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 049 000	1 994 000	2 025 000	1 918 000
Real Eastate	3 795 000	3 934 000	4 072 000	4 220 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	30 000	0	0
Total Tangible Assets	3 821 000	3 964 000	4 072 000	4 220 000
Total Fiancial Fixed Assets	20 383 000	20 341 000	19 531 000	20 195 000
Total Fixed Assets	26 253 000	26 300 000	25 628 000	26 334 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	571 000	1 296 000	142 000	352 000
Total Current Assets	736 000	3 612 000	4 234 000	4 611 000
Total Assets	26 989 000	29 912 000	29 862 000	30 945 000
Total Equity	18 169 000	18 363 000	16 311 000	14 231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 425 000	9 211 000	12 685 000	15 267 000
Creditors	73 000	64 000	36 000	43 000
Unpaid Taxes	26 000	46 000	30 000	45 000
Dividends	0	0	500 000	0
Other Current Debt	296 000	2 228 000	799 000	1 360 000
Total Current Debt	395 000	2 338 000	865 000	1 447 000
Total Equity and Debt	26 989 000	29 912 000	29 862 000	30 945 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,07 %	11,17 %	15,82 %	17,37 %
Debt-to-Equity Ratio	0,46	0,5	0,78	1,07
Operating Profit Margin	17,4 %	48,64 %	−3,36 %	−24,94 %
Current Ratio	1,86	1,54	4,89	3,19
Quick Ratio	1,86	1,54	4,89	3,19
Equity Ratio	0,67	0,61	0,55	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %