FRODE BJØRNÆS AS

0283 OSLO

Finances

Return on Equity

150,93 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 524 000	1 781 000	1 469 000	2 383 000
Net Income	1 701 000	1 144 000	598 000	1 414 000
Total Assets	3 789 000	2 393 000	1 754 000	2 067 000
Total Equity	1 127 000	1 626 000	932 000	1 044 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 524 000	1 781 000	1 469 000	2 383 000
Expenditure	1 188 000	1 065 000	689 000	775 000
Operating Profit	1 337 000	715 000	780 000	1 608 000
Financial Income	666 000	591 000	3 000	162 000
Financial Costs	0	0	13 000	1 000
Financial Balance	666 000	591 000	−10 000	161 000
Earnings Before Tax	2 003 000	1 307 000	770 000	1 769 000
Tax	302 000	162 000	172 000	355 000
Net Income	1 701 000	1 144 000	598 000	1 414 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	693 000	642 000	668 000	197 000
Total Current Assets	3 097 000	1 751 000	1 087 000	1 870 000
Total Assets	3 789 000	2 393 000	1 754 000	2 067 000
Total Retained Equity	1 097 000	1 596 000	902 000	1 014 000
Total Equity	1 127 000	1 626 000	932 000	1 044 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	2 662 000	767 000	823 000	1 023 000
Total Equity and Debt	3 789 000	2 393 000	1 754 000	2 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 524 000	1 781 000	1 469 000	2 383 000
Other Income	0	0	0	0
Revenue	2 524 000	1 781 000	1 469 000	2 383 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 069 000	867 000	520 000	679 000
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 188 000	1 065 000	689 000	775 000
Operating Profit	1 337 000	715 000	780 000	1 608 000
Financial Income	666 000	591 000	3 000	162 000
Financial Costs	0	0	13 000	1 000
Financial Balance	666 000	591 000	−10 000	161 000
Dividends	2 200 000	450 000	710 000	432 000
Net Income	1 701 000	1 144 000	598 000	1 414 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	52 000	0	0	0
Total Tangible Assets	52 000	0	0	0
Total Fiancial Fixed Assets	641 000	642 000	668 000	197 000
Total Fixed Assets	693 000	642 000	668 000	197 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 620 000	1 431 000	993 000	1 344 000
Total Current Assets	3 097 000	1 751 000	1 087 000	1 870 000
Total Assets	3 789 000	2 393 000	1 754 000	2 067 000
Total Equity	1 127 000	1 626 000	932 000	1 044 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	6 000	3 000	3 000	10 000
Unpaid Taxes	264 000	174 000	92 000	187 000
Dividends	2 200 000	450 000	710 000	432 000
Other Current Debt	90 000	78 000	56 000	71 000
Total Current Debt	2 662 000	767 000	823 000	1 023 000
Total Equity and Debt	3 789 000	2 393 000	1 754 000	2 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	150,93 %	70,36 %	64,16 %	135,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	52,97 %	40,15 %	53,1 %	67,48 %
Current Ratio	1,16	2,28	1,32	1,83
Quick Ratio	1,16	2,28	1,32	1,83
Equity Ratio	0,3	0,68	0,53	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %