FOLLAUG & KVANVIK EIENDOM ANS

2335 STANGE

Finances

Return on Equity

68,2 %

Current Ratio

9,53

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	708 000	56 667 000	62 115 000	74 297 000
Net Income	15 835 000	10 381 000	11 034 000	6 124 000
Total Assets	28 847 000	86 437 000	101 972 000	90 523 000
Total Equity	23 219 000	71 898 000	61 637 000	50 703 000

Income (NOK)	2022	2021	2020	2019
Revenue	708 000	56 667 000	62 115 000	74 297 000
Expenditure	675 000	44 366 000	48 557 000	64 650 000
Operating Profit	33 000	12 301 000	13 558 000	9 647 000
Financial Income	16 016 000	245 000	27 000	10 000
Financial Costs	214 000	788 000	1 774 000	2 492 000
Financial Balance	15 802 000	−543 000	−1 747 000	−2 482 000
Earnings Before Tax	15 835 000	11 759 000	11 812 000	7 166 000
Tax	0	1 378 000	778 000	1 042 000
Net Income	15 835 000	10 381 000	11 034 000	6 124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 563 000	55 446 000	56 185 000	51 024 000
Total Current Assets	20 284 000	30 991 000	45 787 000	39 499 000
Total Assets	28 847 000	86 437 000	101 972 000	90 523 000
Total Retained Equity	23 219 000	71 898 000	61 637 000	50 703 000
Total Equity	23 219 000	71 898 000	61 637 000	50 703 000
Total Long-Term Debt	3 500 000	9 288 000	29 330 000	15 482 000
Total Current Debt	2 128 000	5 251 000	11 005 000	24 339 000
Total Equity and Debt	28 847 000	86 437 000	101 972 000	90 523 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	55 995 000	57 838 000	73 541 000
Other Income	708 000	672 000	4 278 000	756 000
Revenue	708 000	56 667 000	62 115 000	74 297 000
Cost of Goods Sold	0	38 306 000	43 176 000	61 026 000
Salary Costs	35 000	3 482 000	3 126 000	1 334 000
Depreciation	58 000	788 000	456 000	0
Impairment	0	0	0	0
Expenditure	675 000	44 366 000	48 557 000	64 650 000
Operating Profit	33 000	12 301 000	13 558 000	9 647 000
Financial Income	16 016 000	245 000	27 000	10 000
Financial Costs	214 000	788 000	1 774 000	2 492 000
Financial Balance	15 802 000	−543 000	−1 747 000	−2 482 000
Dividends	0	120 000	100 000	8 820 000
Net Income	15 835 000	10 381 000	11 034 000	6 124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 806 000	52 729 000	52 729 000	49 229 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	2 717 000	3 456 000	0
Total Tangible Assets	2 806 000	55 446 000	56 185 000	49 229 000
Total Fiancial Fixed Assets	5 757 000	0	0	1 795 000
Total Fixed Assets	8 563 000	55 446 000	56 185 000	51 024 000
Stock	3 894 000	23 670 000	34 999 000	23 635 000
Total Investments	0	0	0	0
Cash, Bank	293 000	5 595 000	9 065 000	13 598 000
Total Current Assets	20 284 000	30 991 000	45 787 000	39 499 000
Total Assets	28 847 000	86 437 000	101 972 000	90 523 000
Total Equity	23 219 000	71 898 000	61 637 000	50 703 000
Short-Term Group Debt	1 960 000	0	0	0
Total Long-Term Debt	3 500 000	9 288 000	29 330 000	15 482 000
Creditors	12 000	3 090 000	4 858 000	9 577 000
Unpaid Taxes	1 000	268 000	100 000	18 000
Dividends	0	120 000	100 000	8 820 000
Other Current Debt	155 000	447 000	5 299 000	5 605 000
Total Current Debt	2 128 000	5 251 000	11 005 000	24 339 000
Total Equity and Debt	28 847 000	86 437 000	101 972 000	90 523 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,2 %	14,44 %	17,9 %	12,08 %
Debt-to-Equity Ratio	0,15	0,13	0,48	0,31
Operating Profit Margin	4,66 %	21,71 %	21,83 %	12,98 %
Current Ratio	9,53	5,9	4,16	1,62
Quick Ratio	−11,49	−1,68	−1,91	56,11
Equity Ratio	0,8	0,83	0,6	0,56
Gross Profit Margin	100 %	32,4 %	30,49 %	17,86 %