FREDRIK RØSETH AS

3148 HVASSER

Finances

Return on Equity

46,65 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	305 000	357 000	314 000	318 000
Net Income	209 000	199 000	164 000	129 000
Total Assets	2 032 000	1 835 000	1 567 000	1 384 000
Total Equity	448 000	281 000	82 000	136 000

Income (NOK)	2022	2021	2020	2019
Revenue	305 000	357 000	314 000	318 000
Expenditure	36 000	100 000	103 000	121 000
Operating Profit	268 000	257 000	211 000	197 000
Financial Income	1 000	0	0	2 000
Financial Costs	1 000	2 000	1 000	0
Financial Balance	0	−2 000	−1 000	2 000
Earnings Before Tax	268 000	255 000	211 000	198 000
Tax	59 000	56 000	46 000	69 000
Net Income	209 000	199 000	164 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	234 000	231 000	281 000	222 000
Total Current Assets	1 798 000	1 604 000	1 286 000	1 162 000
Total Assets	2 032 000	1 835 000	1 567 000	1 384 000
Total Retained Equity	412 000	245 000	46 000	99 000
Total Equity	448 000	281 000	82 000	136 000
Total Long-Term Debt	0	0	2 000	17 000
Total Current Debt	1 584 000	1 554 000	1 483 000	1 230 000
Total Equity and Debt	2 032 000	1 835 000	1 567 000	1 384 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	305 000	357 000	314 000	318 000
Other Income	0	0	0	0
Revenue	305 000	357 000	314 000	318 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	51 000	71 000	88 000
Impairment	0	0	0	0
Expenditure	36 000	100 000	103 000	121 000
Operating Profit	268 000	257 000	211 000	197 000
Financial Income	1 000	0	0	2 000
Financial Costs	1 000	2 000	1 000	0
Financial Balance	0	−2 000	−1 000	2 000
Dividends	0	0	0	0
Net Income	209 000	199 000	164 000	129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	2 000
Fixtures	0	0	51 000	119 000
Total Tangible Assets	0	0	51 000	122 000
Total Fiancial Fixed Assets	230 000	230 000	230 000	100 000
Total Fixed Assets	234 000	231 000	281 000	222 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	503 000	243 000	3 000	194 000
Total Current Assets	1 798 000	1 604 000	1 286 000	1 162 000
Total Assets	2 032 000	1 835 000	1 567 000	1 384 000
Total Equity	448 000	281 000	82 000	136 000
Short-Term Group Debt	334 000	279 000	279 000	0
Total Long-Term Debt	0	0	2 000	17 000
Creditors	2 000	3 000	5 000	3 000
Unpaid Taxes	76 000	89 000	78 000	17 000
Dividends	0	0	0	0
Other Current Debt	1 122 000	1 123 000	1 122 000	1 158 000
Total Current Debt	1 584 000	1 554 000	1 483 000	1 230 000
Total Equity and Debt	2 032 000	1 835 000	1 567 000	1 384 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,65 %	70,82 %	200 %	94,85 %
Debt-to-Equity Ratio	0	0	0,02	0,13
Operating Profit Margin	87,87 %	71,99 %	67,2 %	61,95 %
Current Ratio	1,14	1,03	0,87	0,94
Quick Ratio	1,14	1,03	0,87	0,94
Equity Ratio	0,22	0,15	0,05	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %