MALER FREDRIK OLSSON AS

3516 HØNEFOSS

Finances

Return on Equity

21,36 %

Current Ratio

10,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 546 000	4 258 000	2 801 000	3 148 000
Net Income	840 000	1 336 000	615 000	585 000
Total Assets	4 341 000	3 531 000	2 240 000	1 524 000
Total Equity	3 932 000	3 092 000	1 756 000	1 141 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 546 000	4 258 000	2 801 000	3 148 000
Expenditure	1 754 000	3 459 000	2 186 000	2 393 000
Operating Profit	791 000	799 000	615 000	754 000
Financial Income	224 000	717 000	167 000	1 000
Financial Costs	0	0	25 000	1 000
Financial Balance	224 000	717 000	142 000	0
Earnings Before Tax	1 015 000	1 516 000	757 000	754 000
Tax	175 000	180 000	142 000	169 000
Net Income	840 000	1 336 000	615 000	585 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	15 000	26 000	76 000
Total Current Assets	4 337 000	3 516 000	2 214 000	1 448 000
Total Assets	4 341 000	3 531 000	2 240 000	1 524 000
Total Retained Equity	3 902 000	3 062 000	1 726 000	1 111 000
Total Equity	3 932 000	3 092 000	1 756 000	1 141 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	409 000	439 000	483 000	383 000
Total Equity and Debt	4 341 000	3 531 000	2 240 000	1 524 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 546 000	4 258 000	2 801 000	3 148 000
Other Income	0	0	0	0
Revenue	2 546 000	4 258 000	2 801 000	3 148 000
Cost of Goods Sold	854 000	2 558 000	1 293 000	1 501 000
Salary Costs	696 000	695 000	551 000	556 000
Depreciation	11 000	11 000	51 000	50 000
Impairment	0	0	0	0
Expenditure	1 754 000	3 459 000	2 186 000	2 393 000
Operating Profit	791 000	799 000	615 000	754 000
Financial Income	224 000	717 000	167 000	1 000
Financial Costs	0	0	25 000	1 000
Financial Balance	224 000	717 000	142 000	0
Dividends	0	0	0	0
Net Income	840 000	1 336 000	615 000	585 000

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	4 000	15 000	26 000	76 000
Total Tangible Assets	4 000	15 000	26 000	76 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 000	15 000	26 000	76 000
Stock	0	0	0	0
Total Investments	3 482 000	1 898 000	1 217 000	0
Cash, Bank	553 000	1 250 000	487 000	1 235 000
Total Current Assets	4 337 000	3 516 000	2 214 000	1 448 000
Total Assets	4 341 000	3 531 000	2 240 000	1 524 000
Total Equity	3 932 000	3 092 000	1 756 000	1 141 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	45 000	76 000	193 000	55 000
Unpaid Taxes	133 000	127 000	104 000	110 000
Dividends	0	0	0	0
Other Current Debt	56 000	56 000	45 000	45 000
Total Current Debt	409 000	439 000	483 000	383 000
Total Equity and Debt	4 341 000	3 531 000	2 240 000	1 524 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,36 %	43,21 %	35,02 %	51,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,07 %	18,76 %	21,96 %	23,95 %
Current Ratio	10,6	8,01	4,58	3,78
Quick Ratio	10,6	8,01	4,58	3,78
Equity Ratio	0,91	0,88	0,78	0,75
Gross Profit Margin	66,46 %	39,92 %	53,84 %	52,32 %