FRECON AS

1083 OSLO

Finances

Share Ownership

Return on Equity

36,06 %

Current Ratio

2,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 758 000	17 516 000	18 482 000	16 564 000
Net Income	2 001 000	877 000	1 987 000	1 980 000
Total Assets	9 760 000	7 902 000	8 638 000	7 019 000
Total Equity	5 549 000	4 749 000	4 472 000	3 684 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 758 000	17 516 000	18 482 000	16 564 000
Expenditure	19 327 000	16 379 000	15 945 000	14 103 000
Operating Profit	2 431 000	1 136 000	2 537 000	2 461 000
Financial Income	92 000	11 000	44 000	82 000
Financial Costs	18 000	5 000	9 000	4 000
Financial Balance	74 000	6 000	35 000	78 000
Earnings Before Tax	2 505 000	1 143 000	2 572 000	2 539 000
Tax	505 000	266 000	584 000	559 000
Net Income	2 001 000	877 000	1 987 000	1 980 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	91 000	74 000	101 000	188 000
Total Current Assets	9 669 000	7 828 000	8 537 000	6 831 000
Total Assets	9 760 000	7 902 000	8 638 000	7 019 000
Total Retained Equity	5 349 000	4 549 000	4 272 000	3 484 000
Total Equity	5 549 000	4 749 000	4 472 000	3 684 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 211 000	3 154 000	4 166 000	3 335 000
Total Equity and Debt	9 760 000	7 902 000	8 638 000	7 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 535 000	16 046 000	16 817 000	14 851 000
Other Income	1 223 000	1 470 000	1 664 000	1 713 000
Revenue	21 758 000	17 516 000	18 482 000	16 564 000
Cost of Goods Sold	8 486 000	8 261 000	8 011 000	6 848 000
Salary Costs	6 389 000	4 119 000	3 878 000	3 717 000
Depreciation	34 000	72 000	87 000	72 000
Impairment	0	0	0	0
Expenditure	19 327 000	16 379 000	15 945 000	14 103 000
Operating Profit	2 431 000	1 136 000	2 537 000	2 461 000
Financial Income	92 000	11 000	44 000	82 000
Financial Costs	18 000	5 000	9 000	4 000
Financial Balance	74 000	6 000	35 000	78 000
Dividends	1 200 000	600 000	1 200 000	1 200 000
Net Income	2 001 000	877 000	1 987 000	1 980 000

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	91 000	74 000	101 000	188 000
Total Tangible Assets	91 000	74 000	101 000	188 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	91 000	74 000	101 000	188 000
Stock	1 231 000	941 000	741 000	637 000
Total Investments	0	0	0	0
Cash, Bank	5 073 000	2 795 000	5 286 000	2 874 000
Total Current Assets	9 669 000	7 828 000	8 537 000	6 831 000
Total Assets	9 760 000	7 902 000	8 638 000	7 019 000
Total Equity	5 549 000	4 749 000	4 472 000	3 684 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	790 000	1 230 000	1 383 000	661 000
Unpaid Taxes	1 099 000	668 000	681 000	605 000
Dividends	1 200 000	600 000	1 200 000	1 200 000
Other Current Debt	617 000	390 000	318 000	309 000
Total Current Debt	4 211 000	3 154 000	4 166 000	3 335 000
Total Equity and Debt	9 760 000	7 902 000	8 638 000	7 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,06 %	18,47 %	44,43 %	53,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,17 %	6,49 %	13,73 %	14,86 %
Current Ratio	2,3	2,48	2,05	2,05
Quick Ratio	3,24	3,54	2,49	2,53
Equity Ratio	0,57	0,6	0,52	0,52
Gross Profit Margin	61 %	52,84 %	56,66 %	58,66 %