FOLLESTAD MASKIN AS

3474 ÅROS

Finances

Return on Equity

30,44 %

Current Ratio

2,36

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 057 000	1 891 000	2 704 000	1 408 000
Net Income	2 627 000	2 192 000	1 242 000	−158 000
Total Assets	9 976 000	7 977 000	6 747 000	5 059 000
Total Equity	8 630 000	7 053 000	5 361 000	4 620 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 057 000	1 891 000	2 704 000	1 408 000
Expenditure	2 502 000	2 239 000	1 416 000	1 543 000
Operating Profit	−443 000	−348 000	1 287 000	−135 000
Financial Income	3 120 000	2 495 000	3 000	2 000
Financial Costs	10 000	19 000	24 000	24 000
Financial Balance	3 110 000	2 476 000	−21 000	−22 000
Earnings Before Tax	2 666 000	2 128 000	1 266 000	−158 000
Tax	39 000	−64 000	24 000	0
Net Income	2 627 000	2 192 000	1 242 000	−158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 159 000	6 418 000	5 754 000	4 403 000
Total Current Assets	2 818 000	1 559 000	993 000	656 000
Total Assets	9 976 000	7 977 000	6 747 000	5 059 000
Total Retained Equity	6 469 000	4 892 000	3 200 000	2 458 000
Total Equity	8 630 000	7 053 000	5 361 000	4 620 000
Total Long-Term Debt	152 000	201 000	735 000	275 000
Total Current Debt	1 193 000	723 000	651 000	164 000
Total Equity and Debt	9 976 000	7 977 000	6 747 000	5 059 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 057 000	1 891 000	1 974 000	1 408 000
Other Income	0	0	730 000	0
Revenue	2 057 000	1 891 000	2 704 000	1 408 000
Cost of Goods Sold	13 000	36 000	33 000	23 000
Salary Costs	290 000	294 000	8 000	11 000
Depreciation	350 000	316 000	193 000	187 000
Impairment	0	0	0	0
Expenditure	2 502 000	2 239 000	1 416 000	1 543 000
Operating Profit	−443 000	−348 000	1 287 000	−135 000
Financial Income	3 120 000	2 495 000	3 000	2 000
Financial Costs	10 000	19 000	24 000	24 000
Financial Balance	3 110 000	2 476 000	−21 000	−22 000
Dividends	800 000	500 000	500 000	0
Net Income	2 627 000	2 192 000	1 242 000	−158 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	39 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 528 000	1 372 000	1 183 000	440 000
Fixtures	0	0	0	0
Total Tangible Assets	2 528 000	1 372 000	1 183 000	440 000
Total Fiancial Fixed Assets	4 631 000	5 008 000	4 571 000	3 962 000
Total Fixed Assets	7 159 000	6 418 000	5 754 000	4 403 000
Stock	0	0	0	12 000
Total Investments	0	0	0	0
Cash, Bank	2 062 000	1 011 000	321 000	202 000
Total Current Assets	2 818 000	1 559 000	993 000	656 000
Total Assets	9 976 000	7 977 000	6 747 000	5 059 000
Total Equity	8 630 000	7 053 000	5 361 000	4 620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	152 000	201 000	735 000	275 000
Creditors	322 000	157 000	68 000	43 000
Unpaid Taxes	34 000	28 000	2 000	2 000
Dividends	800 000	500 000	500 000	0
Other Current Debt	38 000	38 000	80 000	119 000
Total Current Debt	1 193 000	723 000	651 000	164 000
Total Equity and Debt	9 976 000	7 977 000	6 747 000	5 059 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,44 %	31,08 %	23,17 %	−3,42 %
Debt-to-Equity Ratio	0,02	0,03	0,14	0,06
Operating Profit Margin	−21,54 %	−18,4 %	47,6 %	−9,59 %
Current Ratio	2,36	2,16	1,53	4
Quick Ratio	2,36	2,16	1,53	4,32
Equity Ratio	0,87	0,88	0,79	0,91
Gross Profit Margin	99,37 %	98,1 %	98,78 %	98,37 %