MATHUSET FROGNER AS

3715 SKIEN

Finances

Share Ownership

Return on Equity

185 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	101 644 000	103 225 000	104 930 000	85 780 000
Net Income	3 700 000	3 555 000	4 762 000	3 525 000
Total Assets	13 950 000	13 389 000	15 307 000	12 160 000
Total Equity	2 000 000	2 000 000	2 000 000	2 043 000

Income (NOK)	2022	2021	2020	2019
Revenue	101 644 000	103 225 000	104 930 000	85 780 000
Expenditure	96 942 000	98 667 000	98 836 000	81 291 000
Operating Profit	4 702 000	4 559 000	6 093 000	4 489 000
Financial Income	44 000	1 000	13 000	28 000
Financial Costs	2 000	1 000	0	−2 000
Financial Balance	42 000	0	13 000	30 000
Earnings Before Tax	4 744 000	4 558 000	6 106 000	4 519 000
Tax	1 044 000	1 003 000	1 343 000	994 000
Net Income	3 700 000	3 555 000	4 762 000	3 525 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 203 000	1 828 000	2 018 000	1 872 000
Total Current Assets	12 748 000	11 561 000	13 289 000	10 287 000
Total Assets	13 950 000	13 389 000	15 307 000	12 160 000
Total Retained Equity	0	0	0	43 000
Total Equity	2 000 000	2 000 000	2 000 000	2 043 000
Total Long-Term Debt	0	0	55 000	69 000
Total Current Debt	11 950 000	11 389 000	13 252 000	10 047 000
Total Equity and Debt	13 950 000	13 389 000	15 307 000	12 160 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 967 000	98 405 000	100 345 000	84 450 000
Other Income	4 676 000	4 820 000	4 584 000	1 330 000
Revenue	101 644 000	103 225 000	104 930 000	85 780 000
Cost of Goods Sold	80 436 000	82 089 000	82 082 000	66 473 000
Salary Costs	7 307 000	7 519 000	7 961 000	7 024 000
Depreciation	678 000	687 000	666 000	709 000
Impairment	0	0	0	0
Expenditure	96 942 000	98 667 000	98 836 000	81 291 000
Operating Profit	4 702 000	4 559 000	6 093 000	4 489 000
Financial Income	44 000	1 000	13 000	28 000
Financial Costs	2 000	1 000	0	−2 000
Financial Balance	42 000	0	13 000	30 000
Dividends	0	0	0	0
Net Income	3 700 000	3 555 000	4 762 000	3 525 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	50 000	151 000	252 000	353 000
Total Intangible Assets	107 000	156 000	252 000	353 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 095 000	1 673 000	1 766 000	1 519 000
Total Tangible Assets	1 095 000	1 673 000	1 766 000	1 519 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 203 000	1 828 000	2 018 000	1 872 000
Stock	3 347 000	2 989 000	2 707 000	2 198 000
Total Investments	0	0	0	0
Cash, Bank	513 000	428 000	6 804 000	4 648 000
Total Current Assets	12 748 000	11 561 000	13 289 000	10 287 000
Total Assets	13 950 000	13 389 000	15 307 000	12 160 000
Total Equity	2 000 000	2 000 000	2 000 000	2 043 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	55 000	69 000
Creditors	4 523 000	3 939 000	3 278 000	2 912 000
Unpaid Taxes	694 000	529 000	813 000	710 000
Dividends	0	0	0	0
Other Current Debt	6 680 000	6 878 000	9 159 000	6 359 000
Total Current Debt	11 950 000	11 389 000	13 252 000	10 047 000
Total Equity and Debt	13 950 000	13 389 000	15 307 000	12 160 000

Financial indicators	2022	2021	2020	2019
Return on Equity	185 %	177,75 %	238,1 %	172,54 %
Debt-to-Equity Ratio	0	0	0,03	0,03
Operating Profit Margin	4,63 %	4,42 %	5,81 %	5,23 %
Current Ratio	1,07	1,02	1	1,02
Quick Ratio	1,48	1,38	1,26	1,31
Equity Ratio	0,14	0,15	0,13	0,17
Gross Profit Margin	20,86 %	20,48 %	21,77 %	22,51 %