FOLKS AS

0275 OSLO

Finances

Return on Equity

28,42 %

Current Ratio

50,33

Debt-to-Equity Ratio

7,05

Key figures (NOK)	2021	2020	2019	2018
Revenue	512 000	857 000	354 000	479 000
Net Income	79 000	220 000	−94 000	−101 000
Total Assets	2 241 000	1 905 000	1 824 000	1 048 000
Total Equity	278 000	199 000	−21 000	72 000

Income (NOK)	2021	2020	2019	2018
Revenue	512 000	857 000	354 000	479 000
Expenditure	431 000	587 000	429 000	576 000
Operating Profit	81 000	270 000	−75 000	−97 000
Financial Income	0	0	0	0
Financial Costs	2 000	50 000	19 000	4 000
Financial Balance	−2 000	−50 000	−19 000	−4 000
Earnings Before Tax	79 000	220 000	−94 000	−101 000
Tax	0	0	0	0
Net Income	79 000	220 000	−94 000	−101 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 090 000	1 699 000	1 708 000	791 000
Total Current Assets	151 000	206 000	116 000	256 000
Total Assets	2 241 000	1 905 000	1 824 000	1 048 000
Total Retained Equity	178 000	99 000	−121 000	−28 000
Total Equity	278 000	199 000	−21 000	72 000
Total Long-Term Debt	1 959 000	1 574 000	1 679 000	767 000
Total Current Debt	3 000	132 000	166 000	209 000
Total Equity and Debt	2 241 000	1 905 000	1 824 000	1 048 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	512 000	857 000	354 000	479 000
Other Income	0	0	0	0
Revenue	512 000	857 000	354 000	479 000
Cost of Goods Sold	0	0	20 000	0
Salary Costs	156 000	278 000	52 000	0
Depreciation	109 000	109 000	109 000	82 000
Impairment	0	0	0	0
Expenditure	431 000	587 000	429 000	576 000
Operating Profit	81 000	270 000	−75 000	−97 000
Financial Income	0	0	0	0
Financial Costs	2 000	50 000	19 000	4 000
Financial Balance	−2 000	−50 000	−19 000	−4 000
Dividends	0	0	0	0
Net Income	79 000	220 000	−94 000	−101 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	464 000	573 000	682 000	791 000
Total Tangible Assets	464 000	573 000	682 000	791 000
Total Fiancial Fixed Assets	1 626 000	1 126 000	1 026 000	0
Total Fixed Assets	2 090 000	1 699 000	1 708 000	791 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	151 000	11 000	23 000	24 000
Total Current Assets	151 000	206 000	116 000	256 000
Total Assets	2 241 000	1 905 000	1 824 000	1 048 000
Total Equity	278 000	199 000	−21 000	72 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 959 000	1 574 000	1 679 000	767 000
Creditors	0	0	8 000	0
Unpaid Taxes	0	132 000	106 000	44 000
Dividends	0	0	0	0
Other Current Debt	3 000	0	52 000	165 000
Total Current Debt	3 000	132 000	166 000	209 000
Total Equity and Debt	2 241 000	1 905 000	1 824 000	1 048 000

Financial indicators	2021	2020	2019	2018
Return on Equity	28,42 %	110,55 %	447,62 %	−140,28 %
Debt-to-Equity Ratio	7,05	7,91	−79,95	10,65
Operating Profit Margin	15,82 %	31,51 %	−21,19 %	−20,25 %
Current Ratio	50,33	1,56	0,7	1,22
Quick Ratio	50,33	1,56	0,7	1,22
Equity Ratio	0,12	0,1	−0,01	0,07
Gross Profit Margin	100 %	100 %	94,35 %	100 %