FRODE MOEN FJELLSPRENGING AS

6440 ELNESVÅGEN

Finances

Share Ownership

Return on Equity

24,27 %

Current Ratio

10,63

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 480 000	3 322 000	3 380 000	2 857 000
Net Income	1 177 000	572 000	528 000	−173 000
Total Assets	5 336 000	4 065 000	3 833 000	3 227 000
Total Equity	4 850 000	3 673 000	3 101 000	2 573 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 480 000	3 322 000	3 380 000	2 857 000
Expenditure	2 979 000	2 588 000	2 701 000	3 079 000
Operating Profit	1 502 000	733 000	679 000	−222 000
Financial Income	7 000	0	3 000	3 000
Financial Costs	0	0	1 000	2 000
Financial Balance	7 000	0	2 000	1 000
Earnings Before Tax	1 508 000	733 000	681 000	−221 000
Tax	332 000	161 000	153 000	−48 000
Net Income	1 177 000	572 000	528 000	−173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 020 000	1 084 000	1 162 000	1 439 000
Total Current Assets	4 316 000	2 981 000	2 671 000	1 788 000
Total Assets	5 336 000	4 065 000	3 833 000	3 227 000
Total Retained Equity	4 820 000	3 643 000	3 071 000	2 543 000
Total Equity	4 850 000	3 673 000	3 101 000	2 573 000
Total Long-Term Debt	80 000	92 000	101 000	87 000
Total Current Debt	406 000	300 000	631 000	567 000
Total Equity and Debt	5 336 000	4 065 000	3 833 000	3 227 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 480 000	3 322 000	3 356 000	2 857 000
Other Income	0	0	24 000	0
Revenue	4 480 000	3 322 000	3 380 000	2 857 000
Cost of Goods Sold	295 000	275 000	153 000	322 000
Salary Costs	396 000	393 000	407 000	406 000
Depreciation	219 000	224 000	247 000	248 000
Impairment	0	0	0	0
Expenditure	2 979 000	2 588 000	2 701 000	3 079 000
Operating Profit	1 502 000	733 000	679 000	−222 000
Financial Income	7 000	0	3 000	3 000
Financial Costs	0	0	1 000	2 000
Financial Balance	7 000	0	2 000	1 000
Dividends	0	0	0	0
Net Income	1 177 000	572 000	528 000	−173 000

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	795 000	988 000	1 162 000	1 278 000
Fixtures	150 000	0	0	161 000
Total Tangible Assets	1 020 000	1 084 000	1 162 000	1 439 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 020 000	1 084 000	1 162 000	1 439 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 867 000	2 278 000	2 198 000	1 218 000
Total Current Assets	4 316 000	2 981 000	2 671 000	1 788 000
Total Assets	5 336 000	4 065 000	3 833 000	3 227 000
Total Equity	4 850 000	3 673 000	3 101 000	2 573 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	80 000	92 000	101 000	87 000
Creditors	0	0	46 000	502 000
Unpaid Taxes	20 000	23 000	36 000	23 000
Dividends	0	0	0	0
Other Current Debt	42 000	107 000	412 000	42 000
Total Current Debt	406 000	300 000	631 000	567 000
Total Equity and Debt	5 336 000	4 065 000	3 833 000	3 227 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,27 %	15,57 %	17,03 %	−6,72 %
Debt-to-Equity Ratio	0,02	0,03	0,03	0,03
Operating Profit Margin	33,53 %	22,07 %	20,09 %	−7,77 %
Current Ratio	10,63	9,94	4,23	3,15
Quick Ratio	10,63	9,94	4,23	3,15
Equity Ratio	0,91	0,9	0,81	0,8
Gross Profit Margin	93,42 %	91,72 %	95,47 %	88,73 %