FOLKESTAD EIENDOMSUTVIKLING AS

1358 JAR

Finances

Share Ownership

Return on Equity

−147,49 %

Current Ratio

59,88

Debt-to-Equity Ratio

24,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 000	83 000	50 000	63 000
Net Income	−382 000	−147 000	−262 000	−214 000
Total Assets	6 647 000	4 932 000	5 157 000	5 089 000
Total Equity	259 000	−539 000	−392 000	−130 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 000	83 000	50 000	63 000
Expenditure	252 000	54 000	77 000	59 000
Operating Profit	−177 000	29 000	−26 000	3 000
Financial Income	1 000	1 000	2 000	4 000
Financial Costs	206 000	176 000	237 000	221 000
Financial Balance	−205 000	−175 000	−235 000	−217 000
Earnings Before Tax	−382 000	−147 000	−262 000	−214 000
Tax	0	0	0	0
Net Income	−382 000	−147 000	−262 000	−214 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 231 000	2 231 000	2 231 000
Total Current Assets	6 647 000	2 701 000	2 927 000	2 858 000
Total Assets	6 647 000	4 932 000	5 157 000	5 089 000
Total Retained Equity	221 000	−622 000	−475 000	−214 000
Total Equity	259 000	−539 000	−392 000	−130 000
Total Long-Term Debt	6 278 000	5 446 000	5 459 000	5 201 000
Total Current Debt	111 000	25 000	90 000	18 000
Total Equity and Debt	6 647 000	4 932 000	5 157 000	5 089 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	75 000	83 000	50 000	63 000
Revenue	75 000	83 000	50 000	63 000
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	252 000	54 000	77 000	59 000
Operating Profit	−177 000	29 000	−26 000	3 000
Financial Income	1 000	1 000	2 000	4 000
Financial Costs	206 000	176 000	237 000	221 000
Financial Balance	−205 000	−175 000	−235 000	−217 000
Dividends	0	0	0	0
Net Income	−382 000	−147 000	−262 000	−214 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 231 000	2 231 000	2 231 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	2 231 000	2 231 000	2 231 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	2 231 000	2 231 000	2 231 000
Stock	1 258 000	2 486 000	2 391 000	2 331 000
Total Investments	0	0	0	0
Cash, Bank	264 000	211 000	534 000	516 000
Total Current Assets	6 647 000	2 701 000	2 927 000	2 858 000
Total Assets	6 647 000	4 932 000	5 157 000	5 089 000
Total Equity	259 000	−539 000	−392 000	−130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 278 000	5 446 000	5 459 000	5 201 000
Creditors	111 000	25 000	85 000	18 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	6 000	1 000
Total Current Debt	111 000	25 000	90 000	18 000
Total Equity and Debt	6 647 000	4 932 000	5 157 000	5 089 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−147,49 %	27,27 %	66,84 %	164,62 %
Debt-to-Equity Ratio	24,24	−10,1	−13,93	−40,01
Operating Profit Margin	−236 %	34,94 %	−52 %	4,76 %
Current Ratio	59,88	108,04	32,52	158,78
Quick Ratio	−5,8	−1,1	−1,27	−1,24
Equity Ratio	0,04	−0,11	−0,08	−0,03
Gross Profit Margin	100 %	100 %	100 %	100 %