FRODE SØRGÅRD AS

7075 TILLER

Finances

Share Ownership

Return on Equity

10,02 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 868 000	77 742 000	67 272 000	74 550 000
Net Income	221 000	856 000	309 000	571 000
Total Assets	10 086 000	9 694 000	9 979 000	8 833 000
Total Equity	2 205 000	1 985 000	1 497 000	1 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 868 000	77 742 000	67 272 000	74 550 000
Expenditure	80 604 000	76 647 000	66 881 000	73 821 000
Operating Profit	264 000	1 095 000	392 000	729 000
Financial Income	20 000	8 000	8 000	36 000
Financial Costs	0	3 000	3 000	6 000
Financial Balance	20 000	5 000	5 000	30 000
Earnings Before Tax	284 000	1 100 000	397 000	759 000
Tax	64 000	244 000	89 000	188 000
Net Income	221 000	856 000	309 000	571 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	456 000	527 000	528 000	617 000
Total Current Assets	9 630 000	9 166 000	9 451 000	8 216 000
Total Assets	10 086 000	9 694 000	9 979 000	8 833 000
Total Retained Equity	1 705 000	1 485 000	997 000	826 000
Total Equity	2 205 000	1 985 000	1 497 000	1 326 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 880 000	7 709 000	8 482 000	7 507 000
Total Equity and Debt	10 086 000	9 694 000	9 979 000	8 833 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 349 000	75 564 000	65 561 000	71 870 000
Other Income	2 519 000	2 178 000	1 711 000	2 681 000
Revenue	80 868 000	77 742 000	67 272 000	74 550 000
Cost of Goods Sold	67 006 000	63 535 000	55 085 000	60 980 000
Salary Costs	5 295 000	5 275 000	4 946 000	5 080 000
Depreciation	116 000	165 000	256 000	261 000
Impairment	0	0	0	0
Expenditure	80 604 000	76 647 000	66 881 000	73 821 000
Operating Profit	264 000	1 095 000	392 000	729 000
Financial Income	20 000	8 000	8 000	36 000
Financial Costs	0	3 000	3 000	6 000
Financial Balance	20 000	5 000	5 000	30 000
Dividends	0	369 000	137 000	118 000
Net Income	221 000	856 000	309 000	571 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	48 000	29 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	407 000	479 000	499 000	611 000
Total Tangible Assets	407 000	479 000	499 000	611 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	456 000	527 000	528 000	617 000
Stock	7 386 000	6 630 000	5 610 000	5 442 000
Total Investments	0	0	0	0
Cash, Bank	1 462 000	1 548 000	2 826 000	1 931 000
Total Current Assets	9 630 000	9 166 000	9 451 000	8 216 000
Total Assets	10 086 000	9 694 000	9 979 000	8 833 000
Total Equity	2 205 000	1 985 000	1 497 000	1 326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 142 000	5 213 000	6 412 000	5 471 000
Unpaid Taxes	384 000	629 000	630 000	515 000
Dividends	0	369 000	137 000	118 000
Other Current Debt	1 291 000	1 235 000	1 192 000	1 210 000
Total Current Debt	7 880 000	7 709 000	8 482 000	7 507 000
Total Equity and Debt	10 086 000	9 694 000	9 979 000	8 833 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,02 %	43,12 %	20,64 %	43,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,33 %	1,41 %	0,58 %	0,98 %
Current Ratio	1,22	1,19	1,11	1,09
Quick Ratio	19,49	8,49	3,29	3,98
Equity Ratio	0,22	0,2	0,15	0,15
Gross Profit Margin	17,14 %	18,27 %	18,12 %	18,2 %