FRODE BARSTAD AS

7820 SPILLUM

Finances

Share Ownership

Return on Equity

42,04 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	284 000	133 000	281 000	93 000
Net Income	66 000	−23 000	67 000	−56 000
Total Assets	226 000	164 000	192 000	117 000
Total Equity	157 000	91 000	114 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	284 000	133 000	281 000	93 000
Expenditure	196 000	162 000	190 000	164 000
Operating Profit	88 000	−29 000	91 000	−71 000
Financial Income	2 000	2 000	0	2 000
Financial Costs	5 000	2 000	4 000	3 000
Financial Balance	−3 000	0	−4 000	−1 000
Earnings Before Tax	85 000	−29 000	86 000	−71 000
Tax	19 000	−6 000	19 000	−16 000
Net Income	66 000	−23 000	67 000	−56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	155 000	124 000	148 000	80 000
Total Current Assets	71 000	40 000	44 000	37 000
Total Assets	226 000	164 000	192 000	117 000
Total Retained Equity	−18 000	−84 000	−62 000	−129 000
Total Equity	157 000	91 000	114 000	46 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	69 000	73 000	78 000	70 000
Total Equity and Debt	226 000	164 000	192 000	117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	171 000	133 000	272 000	93 000
Other Income	113 000	0	9 000	0
Revenue	284 000	133 000	281 000	93 000
Cost of Goods Sold	61 000	52 000	41 000	46 000
Salary Costs	0	0	0	0
Depreciation	21 000	31 000	39 000	59 000
Impairment	0	0	0	0
Expenditure	196 000	162 000	190 000	164 000
Operating Profit	88 000	−29 000	91 000	−71 000
Financial Income	2 000	2 000	0	2 000
Financial Costs	5 000	2 000	4 000	3 000
Financial Balance	−3 000	0	−4 000	−1 000
Dividends	0	0	0	0
Net Income	66 000	−23 000	67 000	−56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	19 000	12 000	30 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	137 000	0	0	11 000
Fixtures	18 000	105 000	136 000	38 000
Total Tangible Assets	155 000	105 000	136 000	49 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	155 000	124 000	148 000	80 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	40 000	34 000	17 000
Total Current Assets	71 000	40 000	44 000	37 000
Total Assets	226 000	164 000	192 000	117 000
Total Equity	157 000	91 000	114 000	46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	0	4 000	2 000
Unpaid Taxes	0	4 000	−1 000	0
Dividends	0	0	0	0
Other Current Debt	57 000	69 000	74 000	68 000
Total Current Debt	69 000	73 000	78 000	70 000
Total Equity and Debt	226 000	164 000	192 000	117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,04 %	−25,27 %	58,77 %	−121,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,99 %	−21,8 %	32,38 %	−76,34 %
Current Ratio	1,03	0,55	0,56	0,53
Quick Ratio	1,03	0,55	0,56	0,53
Equity Ratio	0,69	0,55	0,59	0,39
Gross Profit Margin	78,52 %	60,9 %	85,41 %	50,54 %