FOLKEKINOEN AS

0270 OSLO

Finances

Share Ownership

Return on Equity

51,98 %

Current Ratio

2,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	867 000	637 000	493 000	1 270 000
Net Income	92 000	−171 000	52 000	24 000
Total Assets	317 000	241 000	476 000	1 262 000
Total Equity	177 000	85 000	256 000	204 000

Income (NOK)	2022	2021	2020	2019
Revenue	867 000	637 000	493 000	1 270 000
Expenditure	776 000	808 000	431 000	1 244 000
Operating Profit	91 000	−172 000	62 000	26 000
Financial Income	2 000	1 000	0	0
Financial Costs	0	0	1 000	0
Financial Balance	2 000	1 000	−1 000	0
Earnings Before Tax	92 000	−171 000	62 000	26 000
Tax	0	0	10 000	2 000
Net Income	92 000	−171 000	52 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	317 000	241 000	476 000	1 262 000
Total Assets	317 000	241 000	476 000	1 262 000
Total Retained Equity	77 000	−15 000	156 000	104 000
Total Equity	177 000	85 000	256 000	204 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	140 000	156 000	220 000	1 057 000
Total Equity and Debt	317 000	241 000	476 000	1 262 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	37 000	0
Other Income	867 000	637 000	456 000	1 270 000
Revenue	867 000	637 000	493 000	1 270 000
Cost of Goods Sold	233 000	389 000	12 000	493 000
Salary Costs	71 000	51 000	221 000	75 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	776 000	808 000	431 000	1 244 000
Operating Profit	91 000	−172 000	62 000	26 000
Financial Income	2 000	1 000	0	0
Financial Costs	0	0	1 000	0
Financial Balance	2 000	1 000	−1 000	0
Dividends	0	0	0	0
Net Income	92 000	−171 000	52 000	24 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	217 000	232 000	442 000	1 137 000
Total Current Assets	317 000	241 000	476 000	1 262 000
Total Assets	317 000	241 000	476 000	1 262 000
Total Equity	177 000	85 000	256 000	204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	118 000	107 000	106 000	896 000
Unpaid Taxes	13 000	18 000	74 000	147 000
Dividends	0	0	0	0
Other Current Debt	9 000	31 000	30 000	13 000
Total Current Debt	140 000	156 000	220 000	1 057 000
Total Equity and Debt	317 000	241 000	476 000	1 262 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,98 %	−201,18 %	20,31 %	11,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,5 %	−27 %	12,58 %	2,05 %
Current Ratio	2,26	1,54	2,16	1,19
Quick Ratio	2,26	1,54	2,16	1,19
Equity Ratio	0,56	0,35	0,54	0,16
Gross Profit Margin	73,13 %	38,93 %	97,57 %	61,18 %