FORNØYDE FOLK AS

7970 KOLVEREID

Finances

Return on Equity

7,88 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 060 000	13 370 000	16 105 000	17 869 000
Net Income	262 000	757 000	865 000	672 000
Total Assets	7 590 000	8 675 000	8 949 000	9 051 000
Total Equity	3 326 000	3 063 000	2 806 000	2 442 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 060 000	13 370 000	16 105 000	17 869 000
Expenditure	11 659 000	12 322 000	14 870 000	16 878 000
Operating Profit	401 000	1 048 000	1 234 000	990 000
Financial Income	42 000	7 000	12 000	28 000
Financial Costs	107 000	85 000	130 000	136 000
Financial Balance	−65 000	−78 000	−118 000	−108 000
Earnings Before Tax	336 000	970 000	1 115 000	882 000
Tax	74 000	213 000	251 000	210 000
Net Income	262 000	757 000	865 000	672 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 303 000	3 903 000	4 003 000	4 210 000
Total Current Assets	3 287 000	4 773 000	4 946 000	4 841 000
Total Assets	7 590 000	8 675 000	8 949 000	9 051 000
Total Retained Equity	3 226 000	2 963 000	2 706 000	2 342 000
Total Equity	3 326 000	3 063 000	2 806 000	2 442 000
Total Long-Term Debt	2 118 000	2 419 000	2 721 000	3 009 000
Total Current Debt	2 147 000	3 193 000	3 421 000	3 600 000
Total Equity and Debt	7 590 000	8 675 000	8 949 000	9 051 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 060 000	13 370 000	16 029 000	17 842 000
Other Income	0	0	75 000	27 000
Revenue	12 060 000	13 370 000	16 105 000	17 869 000
Cost of Goods Sold	0	0	0	0
Salary Costs	9 489 000	10 232 000	12 183 000	13 059 000
Depreciation	195 000	175 000	182 000	192 000
Impairment	0	0	0	0
Expenditure	11 659 000	12 322 000	14 870 000	16 878 000
Operating Profit	401 000	1 048 000	1 234 000	990 000
Financial Income	42 000	7 000	12 000	28 000
Financial Costs	107 000	85 000	130 000	136 000
Financial Balance	−65 000	−78 000	−118 000	−108 000
Dividends	0	500 000	500 000	500 000
Net Income	262 000	757 000	865 000	672 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	71 000	60 000	40 000	10 000
Real Eastate	3 536 000	3 710 000	3 884 000	4 058 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	268 000	129 000	76 000	85 000
Total Tangible Assets	3 804 000	3 839 000	3 960 000	4 143 000
Total Fiancial Fixed Assets	429 000	4 000	4 000	57 000
Total Fixed Assets	4 303 000	3 903 000	4 003 000	4 210 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 936 000	3 137 000	2 778 000	2 017 000
Total Current Assets	3 287 000	4 773 000	4 946 000	4 841 000
Total Assets	7 590 000	8 675 000	8 949 000	9 051 000
Total Equity	3 326 000	3 063 000	2 806 000	2 442 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 118 000	2 419 000	2 721 000	3 009 000
Creditors	276 000	236 000	178 000	263 000
Unpaid Taxes	812 000	1 210 000	1 219 000	1 270 000
Dividends	0	500 000	500 000	500 000
Other Current Debt	974 000	1 513 000	1 744 000	1 858 000
Total Current Debt	2 147 000	3 193 000	3 421 000	3 600 000
Total Equity and Debt	7 590 000	8 675 000	8 949 000	9 051 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,88 %	24,71 %	30,83 %	27,52 %
Debt-to-Equity Ratio	0,64	0,79	0,97	1,23
Operating Profit Margin	3,33 %	7,84 %	7,66 %	5,54 %
Current Ratio	1,53	1,49	1,45	1,34
Quick Ratio	1,53	1,49	1,45	1,34
Equity Ratio	0,44	0,35	0,31	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %