FRONTRUTA BILGLASS AS

9308 FINNSNES

Finances

Return on Equity

6,25 %

Current Ratio

2,11

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 660 000	6 268 000	6 462 000	6 007 000
Net Income	98 000	74 000	28 000	123 000
Total Assets	2 976 000	2 910 000	2 860 000	2 905 000
Total Equity	1 568 000	422 000	347 000	376 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 660 000	6 268 000	6 462 000	6 007 000
Expenditure	6 487 000	6 158 000	6 404 000	5 712 000
Operating Profit	173 000	109 000	58 000	295 000
Financial Income	0	3 000	1 000	0
Financial Costs	10 000	10 000	17 000	137 000
Financial Balance	−10 000	−7 000	−16 000	−137 000
Earnings Before Tax	164 000	103 000	41 000	159 000
Tax	66 000	28 000	13 000	35 000
Net Income	98 000	74 000	28 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	169 000	247 000	372 000	530 000
Total Current Assets	2 806 000	2 663 000	2 488 000	2 375 000
Total Assets	2 976 000	2 910 000	2 860 000	2 905 000
Total Retained Equity	0	392 000	317 000	346 000
Total Equity	1 568 000	422 000	347 000	376 000
Total Long-Term Debt	80 000	1 921 000	1 938 000	1 960 000
Total Current Debt	1 328 000	568 000	575 000	570 000
Total Equity and Debt	2 976 000	2 910 000	2 860 000	2 905 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 658 000	6 268 000	6 462 000	6 007 000
Other Income	3 000	0	0	0
Revenue	6 660 000	6 268 000	6 462 000	6 007 000
Cost of Goods Sold	2 543 000	2 377 000	2 555 000	2 351 000
Salary Costs	1 861 000	1 581 000	1 675 000	1 557 000
Depreciation	77 000	126 000	158 000	186 000
Impairment	0	0	0	0
Expenditure	6 487 000	6 158 000	6 404 000	5 712 000
Operating Profit	173 000	109 000	58 000	295 000
Financial Income	0	3 000	1 000	0
Financial Costs	10 000	10 000	17 000	137 000
Financial Balance	−10 000	−7 000	−16 000	−137 000
Dividends	350 000	0	0	0
Net Income	98 000	74 000	28 000	123 000

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	62 000	0	0	0
Fixtures	108 000	247 000	372 000	530 000
Total Tangible Assets	169 000	247 000	372 000	530 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	169 000	247 000	372 000	530 000
Stock	676 000	669 000	623 000	773 000
Total Investments	0	0	0	0
Cash, Bank	1 404 000	931 000	874 000	396 000
Total Current Assets	2 806 000	2 663 000	2 488 000	2 375 000
Total Assets	2 976 000	2 910 000	2 860 000	2 905 000
Total Equity	1 568 000	422 000	347 000	376 000
Short-Term Group Debt	298 000	0	219 000	146 000
Total Long-Term Debt	80 000	1 921 000	1 938 000	1 960 000
Creditors	188 000	146 000	44 000	53 000
Unpaid Taxes	232 000	196 000	164 000	193 000
Dividends	350 000	0	0	0
Other Current Debt	261 000	198 000	148 000	177 000
Total Current Debt	1 328 000	568 000	575 000	570 000
Total Equity and Debt	2 976 000	2 910 000	2 860 000	2 905 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,25 %	17,54 %	8,07 %	32,71 %
Debt-to-Equity Ratio	0,05	4,55	5,59	5,21
Operating Profit Margin	2,6 %	1,74 %	0,9 %	4,91 %
Current Ratio	2,11	4,69	4,33	4,17
Quick Ratio	4,3	−26,37	−51,83	−11,7
Equity Ratio	0,53	0,15	0,12	0,13
Gross Profit Margin	61,82 %	62,08 %	60,46 %	60,86 %