FRØYA VARMESERVICE AS

7260 SISTRANDA

Finances

Share Ownership

Return on Equity

3,06 %

Current Ratio

3,77

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 337 000	13 316 000	12 470 000	13 856 000
Net Income	171 000	1 245 000	−857 000	319 000
Total Assets	10 584 000	10 813 000	9 185 000	10 585 000
Total Equity	5 590 000	5 419 000	4 574 000	5 006 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 337 000	13 316 000	12 470 000	13 856 000
Expenditure	11 986 000	11 591 000	13 414 000	13 266 000
Operating Profit	352 000	1 724 000	−944 000	590 000
Financial Income	8 000	3 000	4 000	10 000
Financial Costs	139 000	126 000	160 000	189 000
Financial Balance	−131 000	−123 000	−156 000	−179 000
Earnings Before Tax	221 000	1 601 000	−1 100 000	410 000
Tax	50 000	356 000	−243 000	91 000
Net Income	171 000	1 245 000	−857 000	319 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 016 000	3 209 000	3 381 000	3 665 000
Total Current Assets	7 569 000	7 604 000	5 804 000	6 921 000
Total Assets	10 584 000	10 813 000	9 185 000	10 585 000
Total Retained Equity	5 065 000	4 894 000	4 049 000	4 906 000
Total Equity	5 590 000	5 419 000	4 574 000	5 006 000
Total Long-Term Debt	2 986 000	3 284 000	3 504 000	3 799 000
Total Current Debt	2 009 000	2 110 000	1 107 000	1 780 000
Total Equity and Debt	10 584 000	10 813 000	9 185 000	10 585 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 311 000	13 292 000	12 470 000	13 536 000
Other Income	26 000	24 000	0	320 000
Revenue	12 337 000	13 316 000	12 470 000	13 856 000
Cost of Goods Sold	9 116 000	9 179 000	10 795 000	10 190 000
Salary Costs	1 662 000	1 691 000	1 440 000	1 410 000
Depreciation	194 000	192 000	311 000	486 000
Impairment	0	0	0	0
Expenditure	11 986 000	11 591 000	13 414 000	13 266 000
Operating Profit	352 000	1 724 000	−944 000	590 000
Financial Income	8 000	3 000	4 000	10 000
Financial Costs	139 000	126 000	160 000	189 000
Financial Balance	−131 000	−123 000	−156 000	−179 000
Dividends	0	400 000	0	1 500 000
Net Income	171 000	1 245 000	−857 000	319 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 920 000	3 082 000	3 244 000	3 487 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	95 000	127 000	137 000	177 000
Total Tangible Assets	3 016 000	3 209 000	3 381 000	3 665 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 016 000	3 209 000	3 381 000	3 665 000
Stock	4 425 000	4 326 000	3 703 000	3 791 000
Total Investments	0	0	0	0
Cash, Bank	1 232 000	1 125 000	322 000	1 443 000
Total Current Assets	7 569 000	7 604 000	5 804 000	6 921 000
Total Assets	10 584 000	10 813 000	9 185 000	10 585 000
Total Equity	5 590 000	5 419 000	4 574 000	5 006 000
Short-Term Group Debt	487 000	477 000	0	500 000
Total Long-Term Debt	2 986 000	3 284 000	3 504 000	3 799 000
Creditors	778 000	348 000	537 000	820 000
Unpaid Taxes	388 000	327 000	342 000	51 000
Dividends	0	400 000	0	1 500 000
Other Current Debt	198 000	193 000	228 000	264 000
Total Current Debt	2 009 000	2 110 000	1 107 000	1 780 000
Total Equity and Debt	10 584 000	10 813 000	9 185 000	10 585 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,06 %	22,97 %	−18,74 %	6,37 %
Debt-to-Equity Ratio	0,53	0,61	0,77	0,76
Operating Profit Margin	2,85 %	12,95 %	−7,57 %	4,26 %
Current Ratio	3,77	3,6	5,24	3,89
Quick Ratio	−3,13	−3,43	−2,24	−3,44
Equity Ratio	0,53	0,5	0,5	0,47
Gross Profit Margin	26,11 %	31,07 %	13,43 %	26,46 %