FOLVEN AS

6798 HJELLEDALEN

Finances

Share Ownership

Return on Equity

5,84 %

Current Ratio

5,31

Debt-to-Equity Ratio

1,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 896 000	2 097 000	2 250 000	2 718 000
Net Income	47 000	54 000	223 000	100 000
Total Assets	2 154 000	2 609 000	2 660 000	2 503 000
Total Equity	805 000	758 000	704 000	481 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 896 000	2 097 000	2 250 000	2 718 000
Expenditure	2 774 000	1 984 000	1 889 000	2 477 000
Operating Profit	122 000	113 000	361 000	242 000
Financial Income	1 000	0	0	1 000
Financial Costs	58 000	47 000	72 000	85 000
Financial Balance	−57 000	−47 000	−72 000	−84 000
Earnings Before Tax	65 000	67 000	290 000	158 000
Tax	17 000	13 000	67 000	57 000
Net Income	47 000	54 000	223 000	100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 204 000	1 304 000	1 232 000	1 241 000
Total Current Assets	950 000	1 305 000	1 428 000	1 262 000
Total Assets	2 154 000	2 609 000	2 660 000	2 503 000
Total Retained Equity	600 000	553 000	499 000	276 000
Total Equity	805 000	758 000	704 000	481 000
Total Long-Term Debt	1 170 000	1 320 000	1 455 000	1 558 000
Total Current Debt	179 000	531 000	500 000	464 000
Total Equity and Debt	2 154 000	2 609 000	2 660 000	2 503 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 881 000	2 071 000	2 215 000	2 718 000
Other Income	15 000	26 000	35 000	0
Revenue	2 896 000	2 097 000	2 250 000	2 718 000
Cost of Goods Sold	207 000	141 000	151 000	157 000
Salary Costs	1 418 000	1 085 000	862 000	1 059 000
Depreciation	100 000	94 000	114 000	196 000
Impairment	0	0	0	0
Expenditure	2 774 000	1 984 000	1 889 000	2 477 000
Operating Profit	122 000	113 000	361 000	242 000
Financial Income	1 000	0	0	1 000
Financial Costs	58 000	47 000	72 000	85 000
Financial Balance	−57 000	−47 000	−72 000	−84 000
Dividends	0	0	0	0
Net Income	47 000	54 000	223 000	100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 071 000	1 144 000	1 074 000	1 141 000
Machinery and Plant Facilities	19 000	24 000	0	0
Fixtures	114 000	136 000	158 000	100 000
Total Tangible Assets	1 204 000	1 304 000	1 232 000	1 241 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 204 000	1 304 000	1 232 000	1 241 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	942 000	1 205 000	1 307 000	1 220 000
Total Current Assets	950 000	1 305 000	1 428 000	1 262 000
Total Assets	2 154 000	2 609 000	2 660 000	2 503 000
Total Equity	805 000	758 000	704 000	481 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 170 000	1 320 000	1 455 000	1 558 000
Creditors	19 000	105 000	186 000	27 000
Unpaid Taxes	24 000	257 000	160 000	152 000
Dividends	0	0	0	0
Other Current Debt	118 000	156 000	88 000	228 000
Total Current Debt	179 000	531 000	500 000	464 000
Total Equity and Debt	2 154 000	2 609 000	2 660 000	2 503 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,84 %	7,12 %	31,68 %	20,79 %
Debt-to-Equity Ratio	1,45	1,74	2,07	3,24
Operating Profit Margin	4,21 %	5,39 %	16,04 %	8,9 %
Current Ratio	5,31	2,46	2,86	2,72
Quick Ratio	5,31	2,46	2,86	2,72
Equity Ratio	0,37	0,29	0,26	0,19
Gross Profit Margin	92,85 %	93,28 %	93,29 %	94,22 %