FROSTA HYTTESERVICE AS

7633 FROSTA

Finances

Share Ownership

Return on Equity

30,59 %

Current Ratio

0,68

Debt-to-Equity Ratio

−6,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	355 000	336 000	243 000	227 000
Net Income	−349 000	−170 000	−408 000	−130 000
Total Assets	7 871 000	5 783 000	5 233 000	4 676 000
Total Equity	−1 141 000	−793 000	−622 000	−214 000

Income (NOK)	2022	2021	2020	2019
Revenue	355 000	336 000	243 000	227 000
Expenditure	686 000	480 000	662 000	393 000
Operating Profit	−330 000	−144 000	−420 000	−167 000
Financial Income	0	0	0	0
Financial Costs	117 000	74 000	103 000	0
Financial Balance	−117 000	−74 000	−103 000	0
Earnings Before Tax	−447 000	−218 000	−523 000	−167 000
Tax	−98 000	−48 000	−115 000	−37 000
Net Income	−349 000	−170 000	−408 000	−130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 849 000	5 137 000	4 733 000	4 260 000
Total Current Assets	1 022 000	646 000	499 000	416 000
Total Assets	7 871 000	5 783 000	5 233 000	4 676 000
Total Retained Equity	−1 171 000	−823 000	−652 000	−244 000
Total Equity	−1 141 000	−793 000	−622 000	−214 000
Total Long-Term Debt	7 515 000	5 953 000	5 166 000	4 767 000
Total Current Debt	1 497 000	623 000	689 000	124 000
Total Equity and Debt	7 871 000	5 783 000	5 233 000	4 676 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	355 000	336 000	243 000	227 000
Other Income	0	0	0	0
Revenue	355 000	336 000	243 000	227 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	74 000	0
Depreciation	41 000	43 000	45 000	45 000
Impairment	0	0	0	0
Expenditure	686 000	480 000	662 000	393 000
Operating Profit	−330 000	−144 000	−420 000	−167 000
Financial Income	0	0	0	0
Financial Costs	117 000	74 000	103 000	0
Financial Balance	−117 000	−74 000	−103 000	0
Dividends	0	0	0	0
Net Income	−349 000	−170 000	−408 000	−130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	330 000	232 000	184 000	69 000
Real Eastate	6 518 000	4 905 000	4 547 000	4 184 000
Machinery and Plant Facilities	0	0	2 000	7 000
Fixtures	0	0	0	0
Total Tangible Assets	6 518 000	4 905 000	4 549 000	4 191 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 849 000	5 137 000	4 733 000	4 260 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	122 000	17 000	48 000	149 000
Total Current Assets	1 022 000	646 000	499 000	416 000
Total Assets	7 871 000	5 783 000	5 233 000	4 676 000
Total Equity	−1 141 000	−793 000	−622 000	−214 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 515 000	5 953 000	5 166 000	4 767 000
Creditors	1 481 000	555 000	673 000	124 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	16 000	68 000	16 000	0
Total Current Debt	1 497 000	623 000	689 000	124 000
Total Equity and Debt	7 871 000	5 783 000	5 233 000	4 676 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,59 %	21,44 %	65,59 %	60,75 %
Debt-to-Equity Ratio	−6,59	−7,51	−8,31	−22,28
Operating Profit Margin	−92,96 %	−42,86 %	−172,84 %	−73,57 %
Current Ratio	0,68	1,04	0,72	3,35
Quick Ratio	0,68	1,04	0,72	3,35
Equity Ratio	−0,14	−0,14	−0,12	−0,05
Gross Profit Margin	100 %	100 %	100 %	100 %