FRUENE HAUGESTAD AS

3404 LIER

Finances

Return on Equity

−29,82 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 963 000	4 832 000	2 409 000	3 912 000
Net Income	−178 000	598 000	−13 000	40 000
Total Assets	2 436 000	2 204 000	763 000	1 016 000
Total Equity	597 000	975 000	376 000	529 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 963 000	4 832 000	2 409 000	3 912 000
Expenditure	6 139 000	4 033 000	2 372 000	3 854 000
Operating Profit	−176 000	800 000	37 000	58 000
Financial Income	0	0	0	0
Financial Costs	49 000	33 000	52 000	7 000
Financial Balance	−49 000	−33 000	−52 000	−7 000
Earnings Before Tax	−225 000	767 000	−15 000	51 000
Tax	−47 000	169 000	−2 000	11 000
Net Income	−178 000	598 000	−13 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	216 000	0	0	0
Total Current Assets	2 220 000	2 204 000	763 000	1 016 000
Total Assets	2 436 000	2 204 000	763 000	1 016 000
Total Retained Equity	497 000	875 000	276 000	429 000
Total Equity	597 000	975 000	376 000	529 000
Total Long-Term Debt	110 000	120 000	140 000	0
Total Current Debt	1 729 000	1 109 000	246 000	487 000
Total Equity and Debt	2 436 000	2 204 000	763 000	1 016 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 963 000	4 223 000	2 406 000	3 912 000
Other Income	0	609 000	3 000	0
Revenue	5 963 000	4 832 000	2 409 000	3 912 000
Cost of Goods Sold	336 000	1 113 000	654 000	1 098 000
Salary Costs	4 056 000	1 947 000	938 000	1 709 000
Depreciation	22 000	0	0	0
Impairment	0	0	0	0
Expenditure	6 139 000	4 033 000	2 372 000	3 854 000
Operating Profit	−176 000	800 000	37 000	58 000
Financial Income	0	0	0	0
Financial Costs	49 000	33 000	52 000	7 000
Financial Balance	−49 000	−33 000	−52 000	−7 000
Dividends	0	0	140 000	0
Net Income	−178 000	598 000	−13 000	40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	47 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	139 000	0	0	0
Total Tangible Assets	139 000	0	0	0
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	216 000	0	0	0
Stock	142 000	249 000	36 000	51 000
Total Investments	0	0	0	0
Cash, Bank	634 000	1 258 000	116 000	275 000
Total Current Assets	2 220 000	2 204 000	763 000	1 016 000
Total Assets	2 436 000	2 204 000	763 000	1 016 000
Total Equity	597 000	975 000	376 000	529 000
Short-Term Group Debt	0	0	0	142 000
Total Long-Term Debt	110 000	120 000	140 000	0
Creditors	437 000	219 000	89 000	90 000
Unpaid Taxes	712 000	540 000	−17 000	226 000
Dividends	0	0	140 000	0
Other Current Debt	580 000	182 000	35 000	17 000
Total Current Debt	1 729 000	1 109 000	246 000	487 000
Total Equity and Debt	2 436 000	2 204 000	763 000	1 016 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,82 %	61,33 %	−3,46 %	7,56 %
Debt-to-Equity Ratio	0,18	0,12	0,37	0
Operating Profit Margin	−2,95 %	16,56 %	1,54 %	1,48 %
Current Ratio	1,28	1,99	3,1	2,09
Quick Ratio	1,4	2,56	3,63	2,33
Equity Ratio	0,25	0,44	0,49	0,52
Gross Profit Margin	94,37 %	76,97 %	72,85 %	71,93 %