FOLKESTAD KRAFTVERK AS

6120 FOLKESTAD

Finances

Share Ownership

Return on Equity

−0,04 %

Current Ratio

2,26

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 395 000	1 457 000	990 000	2 381 000
Net Income	−2 000	208 000	−119 000	752 000
Total Assets	7 971 000	8 398 000	8 292 000	9 422 000
Total Equity	4 872 000	4 873 000	4 826 000	4 945 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 395 000	1 457 000	990 000	2 381 000
Expenditure	1 258 000	1 086 000	1 027 000	1 252 000
Operating Profit	136 000	371 000	−36 000	1 129 000
Financial Income	2 000	0	0	0
Financial Costs	140 000	104 000	117 000	162 000
Financial Balance	−138 000	−104 000	−117 000	−162 000
Earnings Before Tax	−1 000	267 000	−153 000	967 000
Tax	0	59 000	−34 000	214 000
Net Income	−2 000	208 000	−119 000	752 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 247 000	7 286 000	7 607 000	7 886 000
Total Current Assets	724 000	1 112 000	685 000	1 535 000
Total Assets	7 971 000	8 398 000	8 292 000	9 422 000
Total Retained Equity	3 273 000	3 275 000	3 227 000	3 347 000
Total Equity	4 872 000	4 873 000	4 826 000	4 945 000
Total Long-Term Debt	2 779 000	3 097 000	3 283 000	3 414 000
Total Current Debt	320 000	428 000	184 000	1 063 000
Total Equity and Debt	7 971 000	8 398 000	8 292 000	9 422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 225 000	794 000	990 000	2 381 000
Other Income	170 000	664 000	0	0
Revenue	1 395 000	1 457 000	990 000	2 381 000
Cost of Goods Sold	123 000	130 000	168 000	139 000
Salary Costs	112 000	122 000	104 000	131 000
Depreciation	251 000	309 000	309 000	309 000
Impairment	0	0	0	0
Expenditure	1 258 000	1 086 000	1 027 000	1 252 000
Operating Profit	136 000	371 000	−36 000	1 129 000
Financial Income	2 000	0	0	0
Financial Costs	140 000	104 000	117 000	162 000
Financial Balance	−138 000	−104 000	−117 000	−162 000
Dividends	0	161 000	0	482 000
Net Income	−2 000	208 000	−119 000	752 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	112 000	113 000	121 000	87 000
Real Eastate	498 000	0	0	0
Machinery and Plant Facilities	3 203 000	441 000	552 000	662 000
Fixtures	0	6 690 000	6 889 000	7 088 000
Total Tangible Assets	7 092 000	7 131 000	7 440 000	7 750 000
Total Fiancial Fixed Assets	43 000	43 000	46 000	50 000
Total Fixed Assets	7 247 000	7 286 000	7 607 000	7 886 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	498 000	873 000	599 000	1 224 000
Total Current Assets	724 000	1 112 000	685 000	1 535 000
Total Assets	7 971 000	8 398 000	8 292 000	9 422 000
Total Equity	4 872 000	4 873 000	4 826 000	4 945 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 779 000	3 097 000	3 283 000	3 414 000
Creditors	300 000	157 000	115 000	242 000
Unpaid Taxes	2 000	1 000	20 000	68 000
Dividends	0	161 000	0	482 000
Other Current Debt	18 000	37 000	49 000	45 000
Total Current Debt	320 000	428 000	184 000	1 063 000
Total Equity and Debt	7 971 000	8 398 000	8 292 000	9 422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,04 %	4,27 %	−2,47 %	15,21 %
Debt-to-Equity Ratio	0,57	0,64	0,68	0,69
Operating Profit Margin	9,75 %	25,46 %	−3,64 %	47,42 %
Current Ratio	2,26	2,6	3,72	1,44
Quick Ratio	2,26	2,6	3,72	1,44
Equity Ratio	0,61	0,58	0,58	0,52
Gross Profit Margin	91,18 %	91,08 %	83,03 %	94,16 %