FOLK ENGROS AS

6843 SKEI I JØLSTER

Finances

Share Ownership

Return on Equity

170,11 %

Current Ratio

1,8

Debt-to-Equity Ratio

1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 095 000	4 448 000	4 569 000	28 735 000
Net Income	4 399 000	−4 572 000	−4 355 000	−1 258 000
Total Assets	10 991 000	9 184 000	13 585 000	15 139 000
Total Equity	2 586 000	−8 013 000	−3 441 000	914 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 095 000	4 448 000	4 569 000	28 735 000
Expenditure	12 917 000	8 321 000	7 704 000	29 243 000
Operating Profit	3 178 000	−3 873 000	−3 136 000	−509 000
Financial Income	40 000	10 000	59 000	115 000
Financial Costs	522 000	709 000	851 000	1 219 000
Financial Balance	−482 000	−699 000	−792 000	−1 104 000
Earnings Before Tax	2 695 000	−4 572 000	−3 928 000	−1 613 000
Tax	−1 704 000	0	427 000	−355 000
Net Income	4 399 000	−4 572 000	−4 355 000	−1 258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 850 000	417 000	859 000	1 736 000
Total Current Assets	9 142 000	8 767 000	12 726 000	13 404 000
Total Assets	10 991 000	9 184 000	13 585 000	15 139 000
Total Retained Equity	−4 528 000	−8 928 000	−4 355 000	0
Total Equity	2 586 000	−8 013 000	−3 441 000	914 000
Total Long-Term Debt	3 327 000	6 493 000	5 543 000	5 521 000
Total Current Debt	5 079 000	10 704 000	11 482 000	8 705 000
Total Equity and Debt	10 991 000	9 184 000	13 585 000	15 139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 553 000	3 661 000	4 152 000	28 735 000
Other Income	542 000	787 000	417 000	0
Revenue	16 095 000	4 448 000	4 569 000	28 735 000
Cost of Goods Sold	9 555 000	5 140 000	4 754 000	22 310 000
Salary Costs	1 040 000	503 000	544 000	1 455 000
Depreciation	308 000	342 000	449 000	692 000
Impairment	0	101 000	0	0
Expenditure	12 917 000	8 321 000	7 704 000	29 243 000
Operating Profit	3 178 000	−3 873 000	−3 136 000	−509 000
Financial Income	40 000	10 000	59 000	115 000
Financial Costs	522 000	709 000	851 000	1 219 000
Financial Balance	−482 000	−699 000	−792 000	−1 104 000
Dividends	0	0	0	0
Net Income	4 399 000	−4 572 000	−4 355 000	−1 258 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 838 000	352 000	631 000	1 418 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	7 000	0	0	0
Fixtures	5 000	64 000	229 000	317 000
Total Tangible Assets	12 000	64 000	229 000	317 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 850 000	417 000	859 000	1 736 000
Stock	6 013 000	8 401 000	12 519 000	12 499 000
Total Investments	0	0	0	0
Cash, Bank	27 000	17 000	5 000	31 000
Total Current Assets	9 142 000	8 767 000	12 726 000	13 404 000
Total Assets	10 991 000	9 184 000	13 585 000	15 139 000
Total Equity	2 586 000	−8 013 000	−3 441 000	914 000
Short-Term Group Debt	0	3 969 000	4 145 000	24 000
Total Long-Term Debt	3 327 000	6 493 000	5 543 000	5 521 000
Creditors	507 000	87 000	−89 000	1 026 000
Unpaid Taxes	99 000	69 000	12 000	675 000
Dividends	0	0	0	0
Other Current Debt	175 000	941 000	1 179 000	607 000
Total Current Debt	5 079 000	10 704 000	11 482 000	8 705 000
Total Equity and Debt	10 991 000	9 184 000	13 585 000	15 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	170,11 %	57,06 %	126,56 %	−137,64 %
Debt-to-Equity Ratio	1,29	−0,81	−1,61	6,04
Operating Profit Margin	19,75 %	−87,07 %	−68,64 %	−1,77 %
Current Ratio	1,8	0,82	1,11	1,54
Quick Ratio	−9,79	3,81	−12,27	−3,53
Equity Ratio	0,24	−0,87	−0,25	0,06
Gross Profit Margin	40,63 %	−15,56 %	−4,05 %	22,36 %