FOLK OG FE AS

1910 ENEBAKKNESET

Finances

Return on Equity

48,56 %

Current Ratio

2,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 618 000	4 337 000	3 887 000	4 228 000
Net Income	523 000	−48 000	−94 000	−143 000
Total Assets	1 913 000	1 365 000	1 215 000	1 113 000
Total Equity	1 077 000	553 000	601 000	695 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 618 000	4 337 000	3 887 000	4 228 000
Expenditure	4 024 000	4 390 000	3 982 000	4 371 000
Operating Profit	593 000	−53 000	−95 000	−144 000
Financial Income	6 000	6 000	2 000	1 000
Financial Costs	0	1 000	0	1 000
Financial Balance	6 000	5 000	2 000	0
Earnings Before Tax	599 000	−48 000	−94 000	−143 000
Tax	76 000	0	0	0
Net Income	523 000	−48 000	−94 000	−143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 913 000	1 365 000	1 215 000	1 113 000
Total Assets	1 913 000	1 365 000	1 215 000	1 113 000
Total Retained Equity	977 000	453 000	501 000	595 000
Total Equity	1 077 000	553 000	601 000	695 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	837 000	812 000	613 000	418 000
Total Equity and Debt	1 913 000	1 365 000	1 215 000	1 113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 618 000	4 337 000	3 863 000	4 227 000
Other Income	0	−1 000	23 000	2 000
Revenue	4 618 000	4 337 000	3 887 000	4 228 000
Cost of Goods Sold	283 000	396 000	588 000	496 000
Salary Costs	2 601 000	2 809 000	2 296 000	2 747 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 024 000	4 390 000	3 982 000	4 371 000
Operating Profit	593 000	−53 000	−95 000	−144 000
Financial Income	6 000	6 000	2 000	1 000
Financial Costs	0	1 000	0	1 000
Financial Balance	6 000	5 000	2 000	0
Dividends	0	0	0	0
Net Income	523 000	−48 000	−94 000	−143 000

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	1 687 000	1 315 000	1 122 000	820 000
Total Current Assets	1 913 000	1 365 000	1 215 000	1 113 000
Total Assets	1 913 000	1 365 000	1 215 000	1 113 000
Total Equity	1 077 000	553 000	601 000	695 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	48 000	54 000	39 000	28 000
Unpaid Taxes	121 000	150 000	130 000	120 000
Dividends	0	0	0	0
Other Current Debt	592 000	608 000	445 000	270 000
Total Current Debt	837 000	812 000	613 000	418 000
Total Equity and Debt	1 913 000	1 365 000	1 215 000	1 113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,56 %	−8,68 %	−15,64 %	−20,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,84 %	−1,22 %	−2,44 %	−3,41 %
Current Ratio	2,29	1,68	1,98	2,66
Quick Ratio	2,29	1,68	1,98	2,66
Equity Ratio	0,56	0,41	0,49	0,62
Gross Profit Margin	93,87 %	90,87 %	84,87 %	88,27 %