FOLKES AS

0876 OSLO

Finances

Return on Equity

20,84 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 000	27 000	57 000	98 000
Net Income	2 390 000	1 188 000	−814 000	4 395 000
Total Assets	14 019 000	11 736 000	10 538 000	11 350 000
Total Equity	11 470 000	9 080 000	8 892 000	9 706 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 000	27 000	57 000	98 000
Expenditure	392 000	195 000	130 000	132 000
Operating Profit	−329 000	−168 000	−73 000	−34 000
Financial Income	2 948 000	1 356 000	3 056 000	4 430 000
Financial Costs	230 000	0	3 797 000	0
Financial Balance	2 718 000	1 356 000	−741 000	4 430 000
Earnings Before Tax	2 390 000	1 188 000	−814 000	4 395 000
Tax	0	0	0	0
Net Income	2 390 000	1 188 000	−814 000	4 395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 012 000	11 677 000	10 511 000	11 286 000
Total Current Assets	7 000	60 000	27 000	63 000
Total Assets	14 019 000	11 736 000	10 538 000	11 350 000
Total Retained Equity	8 967 000	6 577 000	6 389 000	7 203 000
Total Equity	11 470 000	9 080 000	8 892 000	9 706 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 549 000	2 656 000	1 646 000	1 644 000
Total Equity and Debt	14 019 000	11 736 000	10 538 000	11 350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	64 000	27 000	57 000	98 000
Revenue	64 000	27 000	57 000	98 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	392 000	195 000	130 000	132 000
Operating Profit	−329 000	−168 000	−73 000	−34 000
Financial Income	2 948 000	1 356 000	3 056 000	4 430 000
Financial Costs	230 000	0	3 797 000	0
Financial Balance	2 718 000	1 356 000	−741 000	4 430 000
Dividends	0	1 000 000	0	0
Net Income	2 390 000	1 188 000	−814 000	4 395 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 000 000	2 000 000	2 000 000	2 000 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 000 000	2 000 000	2 000 000	2 000 000
Total Fiancial Fixed Assets	12 012 000	9 677 000	8 511 000	9 286 000
Total Fixed Assets	14 012 000	11 677 000	10 511 000	11 286 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	60 000	27 000	63 000
Total Current Assets	7 000	60 000	27 000	63 000
Total Assets	14 019 000	11 736 000	10 538 000	11 350 000
Total Equity	11 470 000	9 080 000	8 892 000	9 706 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	1 000 000	0	0
Other Current Debt	2 549 000	2 656 000	1 646 000	1 644 000
Total Current Debt	2 549 000	2 656 000	1 646 000	1 644 000
Total Equity and Debt	14 019 000	11 736 000	10 538 000	11 350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,84 %	13,08 %	−9,15 %	45,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−514,06 %	−622,22 %	−128,07 %	−34,69 %
Current Ratio	0	0,02	0,02	0,04
Quick Ratio	0	0,02	0,02	0,04
Equity Ratio	0,82	0,77	0,84	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %