FOLLO ENGINEERING AS

1400 SKI

Finances

Share Ownership

Return on Equity

181,19 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 538 000	1 513 000	1 562 000	1 270 000
Net Income	183 000	454 000	490 000	355 000
Total Assets	691 000	900 000	941 000	717 000
Total Equity	101 000	101 000	100 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 538 000	1 513 000	1 562 000	1 270 000
Expenditure	1 304 000	931 000	941 000	810 000
Operating Profit	235 000	582 000	621 000	460 000
Financial Income	0	0	7 000	2 000
Financial Costs	0	0	0	8 000
Financial Balance	0	0	7 000	−6 000
Earnings Before Tax	235 000	582 000	628 000	455 000
Tax	52 000	128 000	138 000	100 000
Net Income	183 000	454 000	490 000	355 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	691 000	900 000	941 000	717 000
Total Assets	691 000	900 000	941 000	717 000
Total Retained Equity	1 000	1 000	0	0
Total Equity	101 000	101 000	100 000	100 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	590 000	799 000	841 000	616 000
Total Equity and Debt	691 000	900 000	941 000	717 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 538 000	1 513 000	1 562 000	1 270 000
Other Income	0	0	0	0
Revenue	1 538 000	1 513 000	1 562 000	1 270 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 232 000	843 000	839 000	767 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 304 000	931 000	941 000	810 000
Operating Profit	235 000	582 000	621 000	460 000
Financial Income	0	0	7 000	2 000
Financial Costs	0	0	0	8 000
Financial Balance	0	0	7 000	−6 000
Dividends	183 000	453 000	490 000	370 000
Net Income	183 000	454 000	490 000	355 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	346 000	723 000	739 000	568 000
Total Current Assets	691 000	900 000	941 000	717 000
Total Assets	691 000	900 000	941 000	717 000
Total Equity	101 000	101 000	100 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	231 000	130 000	124 000	69 000
Dividends	183 000	453 000	490 000	370 000
Other Current Debt	124 000	88 000	88 000	77 000
Total Current Debt	590 000	799 000	841 000	616 000
Total Equity and Debt	691 000	900 000	941 000	717 000

Financial indicators	2022	2021	2020	2019
Return on Equity	181,19 %	449,5 %	490 %	355 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,28 %	38,47 %	39,76 %	36,22 %
Current Ratio	1,17	1,13	1,12	1,16
Quick Ratio	1,17	1,13	1,12	1,16
Equity Ratio	0,15	0,11	0,11	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %