FOLDEN AKVA AS

8285 LEINES

Finances

Return on Equity

2,6 %

Current Ratio

2,07

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 646 000	63 119 000	40 507 000	35 824 000
Net Income	376 000	6 954 000	4 930 000	3 119 000
Total Assets	25 110 000	26 080 000	20 387 000	13 755 000
Total Equity	14 484 000	14 108 000	11 154 000	7 169 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 646 000	63 119 000	40 507 000	35 824 000
Expenditure	39 960 000	54 027 000	34 268 000	30 952 000
Operating Profit	686 000	9 091 000	6 239 000	4 873 000
Financial Income	46 000	7 000	4 000	1 000
Financial Costs	210 000	144 000	−59 000	698 000
Financial Balance	−164 000	−137 000	63 000	−697 000
Earnings Before Tax	523 000	8 954 000	6 302 000	4 176 000
Tax	147 000	2 001 000	1 373 000	1 057 000
Net Income	376 000	6 954 000	4 930 000	3 119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 045 000	10 361 000	7 275 000	6 542 000
Total Current Assets	16 065 000	15 719 000	13 112 000	7 213 000
Total Assets	25 110 000	26 080 000	20 387 000	13 755 000
Total Retained Equity	13 358 000	12 982 000	10 028 000	6 088 000
Total Equity	14 484 000	14 108 000	11 154 000	7 169 000
Total Long-Term Debt	2 859 000	3 647 000	1 109 000	1 485 000
Total Current Debt	7 767 000	8 325 000	8 124 000	5 101 000
Total Equity and Debt	25 110 000	26 080 000	20 387 000	13 755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 646 000	63 119 000	40 507 000	35 824 000
Other Income	0	0	0	0
Revenue	40 646 000	63 119 000	40 507 000	35 824 000
Cost of Goods Sold	2 660 000	18 625 000	1 222 000	2 138 000
Salary Costs	13 074 000	13 931 000	12 622 000	10 055 000
Depreciation	848 000	733 000	406 000	282 000
Impairment	0	0	0	0
Expenditure	39 960 000	54 027 000	34 268 000	30 952 000
Operating Profit	686 000	9 091 000	6 239 000	4 873 000
Financial Income	46 000	7 000	4 000	1 000
Financial Costs	210 000	144 000	−59 000	698 000
Financial Balance	−164 000	−137 000	63 000	−697 000
Dividends	0	2 000 000	1 500 000	0
Net Income	376 000	6 954 000	4 930 000	3 119 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	134 000	186 000	238 000	0
Fixtures	1 296 000	1 691 000	1 360 000	1 407 000
Total Tangible Assets	4 123 000	5 439 000	2 353 000	1 620 000
Total Fiancial Fixed Assets	4 922 000	4 922 000	4 922 000	4 922 000
Total Fixed Assets	9 045 000	10 361 000	7 275 000	6 542 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 213 000	8 928 000	8 833 000	4 364 000
Total Current Assets	16 065 000	15 719 000	13 112 000	7 213 000
Total Assets	25 110 000	26 080 000	20 387 000	13 755 000
Total Equity	14 484 000	14 108 000	11 154 000	7 169 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 859 000	3 647 000	1 109 000	1 485 000
Creditors	2 247 000	2 124 000	2 038 000	2 138 000
Unpaid Taxes	1 296 000	647 000	1 498 000	465 000
Dividends	0	2 000 000	1 500 000	0
Other Current Debt	3 909 000	2 030 000	1 743 000	1 421 000
Total Current Debt	7 767 000	8 325 000	8 124 000	5 101 000
Total Equity and Debt	25 110 000	26 080 000	20 387 000	13 755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,6 %	49,29 %	44,2 %	43,51 %
Debt-to-Equity Ratio	0,2	0,26	0,1	0,21
Operating Profit Margin	1,69 %	14,4 %	15,4 %	13,6 %
Current Ratio	2,07	1,89	1,61	1,41
Quick Ratio	2,07	1,89	1,61	1,41
Equity Ratio	0,58	0,54	0,55	0,52
Gross Profit Margin	93,46 %	70,49 %	96,98 %	94,03 %