FRØY REDERI AS

7260 SISTRANDA

Finances

Return on Equity

9,91 %

Current Ratio

2,88

Debt-to-Equity Ratio

1,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	399 036 000	254 786 000	261 775 000	344 479 000
Net Income	53 198 000	63 415 000	76 016 000	100 122 000
Total Assets	1 483 945 000	1 503 613 000	1 161 055 000	1 030 861 000
Total Equity	536 799 000	483 601 000	390 186 000	314 169 000

Income (NOK)	2022	2021	2020	2019
Revenue	399 036 000	254 786 000	261 775 000	344 479 000
Expenditure	311 045 000	177 118 000	169 887 000	220 688 000
Operating Profit	87 991 000	77 668 000	91 887 000	123 791 000
Financial Income	1 400 000	371 000	45 000	750 000
Financial Costs	36 192 000	14 623 000	15 915 000	24 419 000
Financial Balance	−34 792 000	−14 252 000	−15 870 000	−23 669 000
Earnings Before Tax	53 198 000	63 415 000	76 016 000	100 122 000
Tax	0	0	0	0
Net Income	53 198 000	63 415 000	76 016 000	100 122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 380 857 000	1 417 302 000	1 076 003 000	934 238 000
Total Current Assets	103 088 000	86 311 000	85 051 000	96 623 000
Total Assets	1 483 945 000	1 503 613 000	1 161 055 000	1 030 861 000
Total Retained Equity	408 152 000	354 954 000	291 538 000	215 522 000
Total Equity	536 799 000	483 601 000	390 186 000	314 169 000
Total Long-Term Debt	911 300 000	959 042 000	723 631 000	644 182 000
Total Current Debt	35 845 000	60 970 000	47 238 000	72 510 000
Total Equity and Debt	1 483 945 000	1 503 613 000	1 161 055 000	1 030 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	399 036 000	254 786 000	261 775 000	296 076 000
Other Income	0	0	0	48 403 000
Revenue	399 036 000	254 786 000	261 775 000	344 479 000
Cost of Goods Sold	5 539 000	1 945 000	0	0
Salary Costs	69 096 000	38 759 000	41 278 000	41 807 000
Depreciation	58 164 000	35 806 000	36 758 000	53 525 000
Impairment	0	0	0	0
Expenditure	311 045 000	177 118 000	169 887 000	220 688 000
Operating Profit	87 991 000	77 668 000	91 887 000	123 791 000
Financial Income	1 400 000	371 000	45 000	750 000
Financial Costs	36 192 000	14 623 000	15 915 000	24 419 000
Financial Balance	−34 792 000	−14 252 000	−15 870 000	−23 669 000
Dividends	0	0	0	50 000 000
Net Income	53 198 000	63 415 000	76 016 000	100 122 000

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	14 809 000	0	0	0
Total Tangible Assets	1 368 235 000	1 404 681 000	1 073 382 000	932 115 000
Total Fiancial Fixed Assets	12 621 000	12 621 000	2 621 000	2 123 000
Total Fixed Assets	1 380 857 000	1 417 302 000	1 076 003 000	934 238 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	38 555 000	27 579 000	32 898 000	22 252 000
Total Current Assets	103 088 000	86 311 000	85 051 000	96 623 000
Total Assets	1 483 945 000	1 503 613 000	1 161 055 000	1 030 861 000
Total Equity	536 799 000	483 601 000	390 186 000	314 169 000
Short-Term Group Debt	0	33 660 000	7 211 000	0
Total Long-Term Debt	911 300 000	959 042 000	723 631 000	644 182 000
Creditors	17 172 000	16 120 000	28 169 000	14 885 000
Unpaid Taxes	13 767 000	7 959 000	10 967 000	6 337 000
Dividends	0	0	0	50 000 000
Other Current Debt	4 907 000	3 230 000	891 000	1 287 000
Total Current Debt	35 845 000	60 970 000	47 238 000	72 510 000
Total Equity and Debt	1 483 945 000	1 503 613 000	1 161 055 000	1 030 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,91 %	13,11 %	19,48 %	31,87 %
Debt-to-Equity Ratio	1,7	1,98	1,85	2,05
Operating Profit Margin	22,05 %	30,48 %	35,1 %	35,94 %
Current Ratio	2,88	1,42	1,8	1,33
Quick Ratio	2,88	1,42	1,8	1,33
Equity Ratio	0,36	0,32	0,34	0,3
Gross Profit Margin	98,61 %	99,24 %	100 %	100 %