FOLLO BRØNNBORING AS

1859 SLITU

Finances

Share Ownership

Return on Equity

35,3 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 604 000	8 359 000	5 391 000	9 396 000
Net Income	1 190 000	91 000	27 000	596 000
Total Assets	5 963 000	4 619 000	3 224 000	3 630 000
Total Equity	3 371 000	2 781 000	2 690 000	2 363 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 604 000	8 359 000	5 391 000	9 396 000
Expenditure	13 093 000	8 179 000	5 427 000	8 638 000
Operating Profit	1 510 000	179 000	−37 000	758 000
Financial Income	16 000	1 000	10 000	6 000
Financial Costs	0	0	2 000	0
Financial Balance	16 000	1 000	8 000	6 000
Earnings Before Tax	1 526 000	180 000	−28 000	764 000
Tax	336 000	89 000	−55 000	168 000
Net Income	1 190 000	91 000	27 000	596 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 756 000	1 121 000	1 426 000	1 563 000
Total Current Assets	4 207 000	3 499 000	1 798 000	2 067 000
Total Assets	5 963 000	4 619 000	3 224 000	3 630 000
Total Retained Equity	2 921 000	2 331 000	2 240 000	1 913 000
Total Equity	3 371 000	2 781 000	2 690 000	2 363 000
Total Long-Term Debt	36 000	50 000	20 000	26 000
Total Current Debt	2 556 000	1 788 000	514 000	1 241 000
Total Equity and Debt	5 963 000	4 619 000	3 224 000	3 630 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 604 000	8 359 000	5 110 000	9 396 000
Other Income	0	0	281 000	0
Revenue	14 604 000	8 359 000	5 391 000	9 396 000
Cost of Goods Sold	5 477 000	3 530 000	1 707 000	3 445 000
Salary Costs	2 323 000	1 395 000	1 324 000	1 817 000
Depreciation	435 000	187 000	234 000	265 000
Impairment	0	0	0	0
Expenditure	13 093 000	8 179 000	5 427 000	8 638 000
Operating Profit	1 510 000	179 000	−37 000	758 000
Financial Income	16 000	1 000	10 000	6 000
Financial Costs	0	0	2 000	0
Financial Balance	16 000	1 000	8 000	6 000
Dividends	600 000	0	0	300 000
Net Income	1 190 000	91 000	27 000	596 000

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	1 464 000	750 000	937 000	977 000
Total Tangible Assets	1 464 000	750 000	937 000	977 000
Total Fiancial Fixed Assets	292 000	371 000	489 000	586 000
Total Fixed Assets	1 756 000	1 121 000	1 426 000	1 563 000
Stock	217 000	543 000	120 000	205 000
Total Investments	0	0	0	0
Cash, Bank	2 725 000	1 636 000	1 178 000	1 248 000
Total Current Assets	4 207 000	3 499 000	1 798 000	2 067 000
Total Assets	5 963 000	4 619 000	3 224 000	3 630 000
Total Equity	3 371 000	2 781 000	2 690 000	2 363 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	36 000	50 000	20 000	26 000
Creditors	737 000	1 490 000	136 000	349 000
Unpaid Taxes	648 000	101 000	242 000	233 000
Dividends	600 000	0	0	300 000
Other Current Debt	222 000	138 000	136 000	181 000
Total Current Debt	2 556 000	1 788 000	514 000	1 241 000
Total Equity and Debt	5 963 000	4 619 000	3 224 000	3 630 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,3 %	3,27 %	1 %	25,22 %
Debt-to-Equity Ratio	0,01	0,02	0,01	0,01
Operating Profit Margin	10,34 %	2,14 %	−0,69 %	8,07 %
Current Ratio	1,65	1,96	3,5	1,67
Quick Ratio	1,8	2,81	4,56	2
Equity Ratio	0,57	0,6	0,83	0,65
Gross Profit Margin	62,5 %	57,77 %	68,34 %	63,34 %