FROVÅGBRYGGA AS

9392 STONGLANDSEIDET

Finances

Share Ownership

Return on Equity

1,55 %

Current Ratio

1,57

Debt-to-Equity Ratio

2,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 204 000	12 880 000	7 448 000	5 043 000
Net Income	125 000	1 716 000	1 072 000	439 000
Total Assets	27 990 000	28 499 000	26 575 000	23 390 000
Total Equity	8 064 000	7 791 000	6 075 000	4 393 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 204 000	12 880 000	7 448 000	5 043 000
Expenditure	8 339 000	10 338 000	5 813 000	4 186 000
Operating Profit	865 000	2 543 000	1 636 000	858 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	705 000	513 000	545 000	663 000
Financial Balance	−704 000	−513 000	−544 000	−662 000
Earnings Before Tax	161 000	2 030 000	1 092 000	196 000
Tax	35 000	314 000	20 000	−243 000
Net Income	125 000	1 716 000	1 072 000	439 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 575 000	24 854 000	23 938 000	21 646 000
Total Current Assets	3 414 000	3 644 000	2 636 000	1 744 000
Total Assets	27 990 000	28 499 000	26 575 000	23 390 000
Total Retained Equity	3 086 000	2 961 000	1 245 000	174 000
Total Equity	8 064 000	7 791 000	6 075 000	4 393 000
Total Long-Term Debt	17 747 000	18 685 000	19 531 000	17 999 000
Total Current Debt	2 179 000	2 022 000	968 000	998 000
Total Equity and Debt	27 990 000	28 499 000	26 575 000	23 390 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 592 000	12 729 000	7 361 000	4 993 000
Other Income	612 000	151 000	87 000	50 000
Revenue	9 204 000	12 880 000	7 448 000	5 043 000
Cost of Goods Sold	2 223 000	3 237 000	1 414 000	645 000
Salary Costs	3 333 000	4 435 000	2 012 000	1 758 000
Depreciation	1 295 000	1 194 000	1 028 000	931 000
Impairment	0	0	0	0
Expenditure	8 339 000	10 338 000	5 813 000	4 186 000
Operating Profit	865 000	2 543 000	1 636 000	858 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	705 000	513 000	545 000	663 000
Financial Balance	−704 000	−513 000	−544 000	−662 000
Dividends	0	0	0	0
Net Income	125 000	1 716 000	1 072 000	439 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	51 000	128 000	128 000	321 000
Real Eastate	23 117 000	22 989 000	22 393 000	19 960 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 407 000	1 737 000	1 417 000	1 365 000
Total Tangible Assets	24 524 000	24 726 000	23 810 000	21 326 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 575 000	24 854 000	23 938 000	21 646 000
Stock	125 000	160 000	120 000	93 000
Total Investments	0	0	0	0
Cash, Bank	1 846 000	2 172 000	1 524 000	1 577 000
Total Current Assets	3 414 000	3 644 000	2 636 000	1 744 000
Total Assets	27 990 000	28 499 000	26 575 000	23 390 000
Total Equity	8 064 000	7 791 000	6 075 000	4 393 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 747 000	18 685 000	19 531 000	17 999 000
Creditors	95 000	143 000	101 000	98 000
Unpaid Taxes	260 000	546 000	51 000	112 000
Dividends	0	0	0	0
Other Current Debt	1 823 000	1 019 000	816 000	789 000
Total Current Debt	2 179 000	2 022 000	968 000	998 000
Total Equity and Debt	27 990 000	28 499 000	26 575 000	23 390 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,55 %	22,03 %	17,65 %	9,99 %
Debt-to-Equity Ratio	2,2	2,4	3,21	4,1
Operating Profit Margin	9,4 %	19,74 %	21,97 %	17,01 %
Current Ratio	1,57	1,8	2,72	1,75
Quick Ratio	1,66	1,96	3,11	1,93
Equity Ratio	0,29	0,27	0,23	0,19
Gross Profit Margin	75,85 %	74,87 %	81,02 %	87,21 %