FØLGE UTVIKLING AS

3150 TOLVSRØD

Finances

Return on Equity

22,68 %

Current Ratio

3,27

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 000	93 000	31 000	154 000
Net Income	105 000	12 000	−631 000	−7 000
Total Assets	1 166 000	1 007 000	528 000	1 162 000
Total Equity	463 000	357 000	345 000	976 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 000	93 000	31 000	154 000
Expenditure	53 000	80 000	95 000	164 000
Operating Profit	12 000	13 000	−64 000	−9 000
Financial Income	93 000	0	17 000	0
Financial Costs	0	1 000	553 000	0
Financial Balance	93 000	−1 000	−536 000	0
Earnings Before Tax	105 000	12 000	−601 000	−9 000
Tax	0	0	30 000	−2 000
Net Income	105 000	12 000	−631 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	236 000	503 000	388 000	1 028 000
Total Current Assets	930 000	504 000	140 000	133 000
Total Assets	1 166 000	1 007 000	528 000	1 162 000
Total Retained Equity	277 000	171 000	159 000	790 000
Total Equity	463 000	357 000	345 000	976 000
Total Long-Term Debt	420 000	344 000	0	0
Total Current Debt	284 000	305 000	182 000	186 000
Total Equity and Debt	1 166 000	1 007 000	528 000	1 162 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 000	90 000	31 000	156 000
Other Income	0	3 000	0	−2 000
Revenue	65 000	93 000	31 000	154 000
Cost of Goods Sold	38 000	19 000	−30 000	0
Salary Costs	0	0	0	0
Depreciation	3 000	3 000	57 000	49 000
Impairment	0	0	0	0
Expenditure	53 000	80 000	95 000	164 000
Operating Profit	12 000	13 000	−64 000	−9 000
Financial Income	93 000	0	17 000	0
Financial Costs	0	1 000	553 000	0
Financial Balance	93 000	−1 000	−536 000	0
Dividends	0	0	0	0
Net Income	105 000	12 000	−631 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	30 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	9 000	153 000	210 000
Total Tangible Assets	6 000	9 000	153 000	210 000
Total Fiancial Fixed Assets	230 000	494 000	235 000	788 000
Total Fixed Assets	236 000	503 000	388 000	1 028 000
Stock	249 000	249 000	106 000	67 000
Total Investments	357 000	0	0	0
Cash, Bank	88 000	18 000	33 000	40 000
Total Current Assets	930 000	504 000	140 000	133 000
Total Assets	1 166 000	1 007 000	528 000	1 162 000
Total Equity	463 000	357 000	345 000	976 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	420 000	344 000	0	0
Creditors	281 000	304 000	8 000	0
Unpaid Taxes	1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	175 000	186 000
Total Current Debt	284 000	305 000	182 000	186 000
Total Equity and Debt	1 166 000	1 007 000	528 000	1 162 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,68 %	3,36 %	−182,9 %	−0,72 %
Debt-to-Equity Ratio	0,91	0,96	0	0
Operating Profit Margin	18,46 %	13,98 %	−206,45 %	−5,84 %
Current Ratio	3,27	1,65	0,77	0,72
Quick Ratio	26,57	9	1,84	1,12
Equity Ratio	0,4	0,35	0,65	0,84
Gross Profit Margin	41,54 %	79,57 %	196,77 %	100 %