FROSTA VASSVERK SA

7633 FROSTA

Finances

Return on Equity

7,35 %

Current Ratio

5,29

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 490 000	10 942 000	10 194 000	10 128 000
Net Income	1 561 000	825 000	2 335 000	1 151 000
Total Assets	41 590 000	41 838 000	42 955 000	42 931 000
Total Equity	21 234 000	19 652 000	18 791 000	16 438 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 490 000	10 942 000	10 194 000	10 128 000
Expenditure	9 432 000	9 883 000	7 442 000	8 485 000
Operating Profit	2 059 000	1 060 000	2 752 000	1 644 000
Financial Income	34 000	31 000	67 000	64 000
Financial Costs	532 000	266 000	484 000	557 000
Financial Balance	−498 000	−235 000	−417 000	−493 000
Earnings Before Tax	1 561 000	825 000	2 335 000	1 151 000
Tax	0	0	0	0
Net Income	1 561 000	825 000	2 335 000	1 151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 140 000	37 222 000	35 853 000	37 674 000
Total Current Assets	5 450 000	4 617 000	7 101 000	5 257 000
Total Assets	41 590 000	41 838 000	42 955 000	42 931 000
Total Retained Equity	19 781 000	18 220 000	17 396 000	15 061 000
Total Equity	21 234 000	19 652 000	18 791 000	16 438 000
Total Long-Term Debt	19 325 000	21 322 000	23 308 000	25 343 000
Total Current Debt	1 031 000	864 000	855 000	1 150 000
Total Equity and Debt	41 590 000	41 838 000	42 955 000	42 931 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 905 000	10 364 000	9 895 000	9 680 000
Other Income	585 000	578 000	299 000	449 000
Revenue	11 490 000	10 942 000	10 194 000	10 128 000
Cost of Goods Sold	0	67 000	−59 000	0
Salary Costs	3 175 000	3 286 000	2 327 000	2 294 000
Depreciation	2 013 000	1 912 000	1 895 000	1 903 000
Impairment	0	0	0	0
Expenditure	9 432 000	9 883 000	7 442 000	8 485 000
Operating Profit	2 059 000	1 060 000	2 752 000	1 644 000
Financial Income	34 000	31 000	67 000	64 000
Financial Costs	532 000	266 000	484 000	557 000
Financial Balance	−498 000	−235 000	−417 000	−493 000
Dividends	0	0	0	0
Net Income	1 561 000	825 000	2 335 000	1 151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 909 000	21 280 000	22 041 000	37 326 000
Machinery and Plant Facilities	263 000	276 000	289 000	0
Fixtures	1 351 000	1 504 000	1 457 000	31 000
Total Tangible Assets	36 140 000	37 222 000	35 840 000	37 658 000
Total Fiancial Fixed Assets	0	0	13 000	16 000
Total Fixed Assets	36 140 000	37 222 000	35 853 000	37 674 000
Stock	200 000	160 000	224 000	165 000
Total Investments	0	0	0	0
Cash, Bank	4 361 000	3 709 000	6 083 000	4 404 000
Total Current Assets	5 450 000	4 617 000	7 101 000	5 257 000
Total Assets	41 590 000	41 838 000	42 955 000	42 931 000
Total Equity	21 234 000	19 652 000	18 791 000	16 438 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 325 000	21 322 000	23 308 000	25 343 000
Creditors	207 000	287 000	412 000	443 000
Unpaid Taxes	204 000	164 000	110 000	205 000
Dividends	0	0	0	0
Other Current Debt	619 000	412 000	333 000	502 000
Total Current Debt	1 031 000	864 000	855 000	1 150 000
Total Equity and Debt	41 590 000	41 838 000	42 955 000	42 931 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,35 %	4,2 %	12,43 %	7 %
Debt-to-Equity Ratio	0,91	1,08	1,24	1,54
Operating Profit Margin	17,92 %	9,69 %	27 %	16,23 %
Current Ratio	5,29	5,34	8,31	4,57
Quick Ratio	6,56	6,56	11,25	5,34
Equity Ratio	0,51	0,47	0,44	0,38
Gross Profit Margin	100 %	99,39 %	100,58 %	100 %