FREKHAUG MASKINERING AS

5918 FREKHAUG

Finances

Share Ownership

Return on Equity

4,53 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 079 000	6 077 000	6 368 000	6 769 000
Net Income	21 000	17 000	−154 000	12 000
Total Assets	2 577 000	2 486 000	2 690 000	2 807 000
Total Equity	464 000	443 000	426 000	276 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 079 000	6 077 000	6 368 000	6 769 000
Expenditure	6 963 000	6 041 000	6 570 000	6 714 000
Operating Profit	117 000	37 000	−202 000	55 000
Financial Income	1 000	1 000	2 000	0
Financial Costs	6 000	21 000	14 000	3 000
Financial Balance	−5 000	−20 000	−12 000	−3 000
Earnings Before Tax	113 000	17 000	−214 000	53 000
Tax	92 000	0	−60 000	41 000
Net Income	21 000	17 000	−154 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	396 000	238 000	333 000	90 000
Total Current Assets	2 181 000	2 247 000	2 357 000	2 717 000
Total Assets	2 577 000	2 486 000	2 690 000	2 807 000
Total Retained Equity	302 000	281 000	264 000	246 000
Total Equity	464 000	443 000	426 000	276 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 113 000	2 043 000	2 264 000	2 531 000
Total Equity and Debt	2 577 000	2 486 000	2 690 000	2 807 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 079 000	5 963 000	6 246 000	6 769 000
Other Income	0	115 000	122 000	0
Revenue	7 079 000	6 077 000	6 368 000	6 769 000
Cost of Goods Sold	1 836 000	1 793 000	1 793 000	2 304 000
Salary Costs	3 340 000	2 678 000	3 443 000	3 203 000
Depreciation	159 000	95 000	65 000	36 000
Impairment	0	0	0	0
Expenditure	6 963 000	6 041 000	6 570 000	6 714 000
Operating Profit	117 000	37 000	−202 000	55 000
Financial Income	1 000	1 000	2 000	0
Financial Costs	6 000	21 000	14 000	3 000
Financial Balance	−5 000	−20 000	−12 000	−3 000
Dividends	0	0	0	0
Net Income	21 000	17 000	−154 000	12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 000	14 000	14 000	0
Machinery and Plant Facilities	365 000	224 000	319 000	90 000
Fixtures	17 000	0	0	0
Total Tangible Assets	396 000	238 000	333 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	396 000	238 000	333 000	90 000
Stock	535 000	630 000	782 000	832 000
Total Investments	0	0	0	0
Cash, Bank	676 000	193 000	632 000	171 000
Total Current Assets	2 181 000	2 247 000	2 357 000	2 717 000
Total Assets	2 577 000	2 486 000	2 690 000	2 807 000
Total Equity	464 000	443 000	426 000	276 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	200 000	476 000	314 000	485 000
Unpaid Taxes	366 000	286 000	566 000	315 000
Dividends	0	0	0	0
Other Current Debt	852 000	678 000	782 000	1 387 000
Total Current Debt	2 113 000	2 043 000	2 264 000	2 531 000
Total Equity and Debt	2 577 000	2 486 000	2 690 000	2 807 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,53 %	3,84 %	−36,15 %	4,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,65 %	0,61 %	−3,17 %	0,81 %
Current Ratio	1,03	1,1	1,04	1,07
Quick Ratio	1,38	1,59	1,59	1,6
Equity Ratio	0,18	0,18	0,16	0,1
Gross Profit Margin	74,06 %	70,5 %	71,84 %	65,96 %