FROLAND VERK AS

4827 FROLANDS VERK

Finances

Share Ownership

Return on Equity

6,53 %

Current Ratio

10,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 318 000	513 000	65 000	806 000
Net Income	879 000	80 000	−162 000	−12 000
Total Assets	13 648 000	12 671 000	12 518 000	12 801 000
Total Equity	13 458 000	12 580 000	12 500 000	12 662 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 318 000	513 000	65 000	806 000
Expenditure	1 212 000	434 000	274 000	852 000
Operating Profit	1 106 000	78 000	−209 000	−45 000
Financial Income	23 000	27 000	4 000	30 000
Financial Costs	2 000	2 000	2 000	0
Financial Balance	21 000	25 000	2 000	30 000
Earnings Before Tax	1 127 000	102 000	−207 000	−15 000
Tax	248 000	23 000	−45 000	−3 000
Net Income	879 000	80 000	−162 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 697 000	11 990 000	12 190 000	12 184 000
Total Current Assets	1 951 000	682 000	328 000	616 000
Total Assets	13 648 000	12 671 000	12 518 000	12 801 000
Total Retained Equity	958 000	80 000	0	0
Total Equity	13 458 000	12 580 000	12 500 000	12 662 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	190 000	92 000	18 000	139 000
Total Equity and Debt	13 648 000	12 671 000	12 518 000	12 801 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 317 000	513 000	65 000	806 000
Other Income	1 000	0	0	0
Revenue	2 318 000	513 000	65 000	806 000
Cost of Goods Sold	776 000	27 000	80 000	614 000
Salary Costs	14 000	22 000	18 000	28 000
Depreciation	169 000	177 000	40 000	42 000
Impairment	0	0	0	0
Expenditure	1 212 000	434 000	274 000	852 000
Operating Profit	1 106 000	78 000	−209 000	−45 000
Financial Income	23 000	27 000	4 000	30 000
Financial Costs	2 000	2 000	2 000	0
Financial Balance	21 000	25 000	2 000	30 000
Dividends	0	0	0	0
Net Income	879 000	80 000	−162 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	125 000	147 000	102 000
Real Eastate	11 524 000	11 673 000	11 825 000	11 833 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	81 000	101 000	127 000	158 000
Total Tangible Assets	11 605 000	11 774 000	11 951 000	11 991 000
Total Fiancial Fixed Assets	91 000	91 000	91 000	91 000
Total Fixed Assets	11 697 000	11 990 000	12 190 000	12 184 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 678 000	147 000	244 000	429 000
Total Current Assets	1 951 000	682 000	328 000	616 000
Total Assets	13 648 000	12 671 000	12 518 000	12 801 000
Total Equity	13 458 000	12 580 000	12 500 000	12 662 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	3 000	4 000	82 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	66 000	89 000	14 000	57 000
Total Current Debt	190 000	92 000	18 000	139 000
Total Equity and Debt	13 648 000	12 671 000	12 518 000	12 801 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,53 %	0,64 %	−1,3 %	−0,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	47,71 %	15,2 %	−321,54 %	−5,58 %
Current Ratio	10,27	7,41	18,22	4,43
Quick Ratio	10,27	7,41	18,22	4,43
Equity Ratio	0,99	0,99	1	0,99
Gross Profit Margin	66,52 %	94,74 %	−23,08 %	23,82 %