E. FOLLAND MASKINSTASJON AS

6532 AVERØY

Finances

Share Ownership

Return on Equity

364,17 %

Current Ratio

0,99

Debt-to-Equity Ratio

−1,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 208 000	10 199 000	9 623 000	12 345 000
Net Income	−681 000	−40 000	84 000	280 000
Total Assets	2 185 000	3 567 000	4 153 000	4 321 000
Total Equity	−187 000	494 000	535 000	451 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 208 000	10 199 000	9 623 000	12 345 000
Expenditure	7 760 000	10 171 000	9 391 000	11 849 000
Operating Profit	−552 000	28 000	232 000	495 000
Financial Income	0	0	0	0
Financial Costs	101 000	78 000	123 000	136 000
Financial Balance	−101 000	−78 000	−123 000	−136 000
Earnings Before Tax	−653 000	−51 000	108 000	360 000
Tax	28 000	−10 000	25 000	80 000
Net Income	−681 000	−40 000	84 000	280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 000	177 000	177 000	258 000
Total Current Assets	2 091 000	3 390 000	3 976 000	4 063 000
Total Assets	2 185 000	3 567 000	4 153 000	4 321 000
Total Retained Equity	−287 000	394 000	435 000	351 000
Total Equity	−187 000	494 000	535 000	451 000
Total Long-Term Debt	265 000	697 000	1 105 000	1 388 000
Total Current Debt	2 107 000	2 376 000	2 513 000	2 482 000
Total Equity and Debt	2 185 000	3 567 000	4 153 000	4 321 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 208 000	9 652 000	9 452 000	10 916 000
Other Income	0	548 000	171 000	1 429 000
Revenue	7 208 000	10 199 000	9 623 000	12 345 000
Cost of Goods Sold	1 060 000	1 962 000	2 728 000	4 154 000
Salary Costs	3 260 000	4 395 000	3 625 000	4 559 000
Depreciation	54 000	65 000	65 000	79 000
Impairment	0	0	0	0
Expenditure	7 760 000	10 171 000	9 391 000	11 849 000
Operating Profit	−552 000	28 000	232 000	495 000
Financial Income	0	0	0	0
Financial Costs	101 000	78 000	123 000	136 000
Financial Balance	−101 000	−78 000	−123 000	−136 000
Dividends	0	0	0	0
Net Income	−681 000	−40 000	84 000	280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	28 000	18 000	43 000
Real Eastate	21 000	25 000	28 000	39 000
Machinery and Plant Facilities	68 000	113 000	114 000	154 000
Fixtures	0	4 000	11 000	17 000
Total Tangible Assets	89 000	142 000	153 000	209 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	95 000	177 000	177 000	258 000
Stock	598 000	590 000	664 000	713 000
Total Investments	0	0	0	0
Cash, Bank	114 000	641 000	542 000	−573 000
Total Current Assets	2 091 000	3 390 000	3 976 000	4 063 000
Total Assets	2 185 000	3 567 000	4 153 000	4 321 000
Total Equity	−187 000	494 000	535 000	451 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	265 000	697 000	1 105 000	1 388 000
Creditors	920 000	896 000	1 671 000	1 197 000
Unpaid Taxes	548 000	778 000	282 000	701 000
Dividends	0	0	0	0
Other Current Debt	461 000	702 000	560 000	584 000
Total Current Debt	2 107 000	2 376 000	2 513 000	2 482 000
Total Equity and Debt	2 185 000	3 567 000	4 153 000	4 321 000

Financial indicators	2022	2021	2020	2019
Return on Equity	364,17 %	−8,1 %	15,7 %	62,08 %
Debt-to-Equity Ratio	−1,42	1,41	2,07	3,08
Operating Profit Margin	−7,66 %	0,27 %	2,41 %	4,01 %
Current Ratio	0,99	1,43	1,58	1,64
Quick Ratio	1,39	1,9	2,15	2,3
Equity Ratio	−0,09	0,14	0,13	0,1
Gross Profit Margin	85,29 %	80,76 %	71,65 %	66,35 %