FREKHAUG STÅL AS

5918 FREKHAUG

Finances

Return on Equity

−17,44 %

Current Ratio

3,14

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 439 000	47 165 000	37 730 000	45 514 000
Net Income	−3 480 000	−593 000	−640 000	−2 659 000
Total Assets	39 507 000	43 299 000	41 199 000	43 705 000
Total Equity	19 955 000	23 436 000	24 329 000	25 319 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 439 000	47 165 000	37 730 000	45 514 000
Expenditure	58 251 000	48 511 000	39 617 000	48 780 000
Operating Profit	−4 044 000	−648 000	−641 000	−3 440 000
Financial Income	277 000	273 000	323 000	351 000
Financial Costs	729 000	410 000	520 000	432 000
Financial Balance	−452 000	−137 000	−197 000	−81 000
Earnings Before Tax	−4 495 000	−785 000	−838 000	−3 520 000
Tax	−1 015 000	−192 000	−198 000	−861 000
Net Income	−3 480 000	−593 000	−640 000	−2 659 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 699 000	14 217 000	14 268 000	14 162 000
Total Current Assets	25 808 000	29 082 000	26 931 000	29 542 000
Total Assets	39 507 000	43 299 000	41 199 000	43 705 000
Total Retained Equity	18 955 000	22 436 000	23 329 000	24 319 000
Total Equity	19 955 000	23 436 000	24 329 000	25 319 000
Total Long-Term Debt	11 338 000	11 951 000	11 400 000	11 880 000
Total Current Debt	8 214 000	7 913 000	5 470 000	6 505 000
Total Equity and Debt	39 507 000	43 299 000	41 199 000	43 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 154 000	45 807 000	37 730 000	45 514 000
Other Income	285 000	1 358 000	0	0
Revenue	53 439 000	47 165 000	37 730 000	45 514 000
Cost of Goods Sold	14 358 000	9 912 000	9 683 000	12 057 000
Salary Costs	23 607 000	21 172 000	15 715 000	19 134 000
Depreciation	1 537 000	1 579 000	1 725 000	1 659 000
Impairment	0	0	0	0
Expenditure	58 251 000	48 511 000	39 617 000	48 780 000
Operating Profit	−4 044 000	−648 000	−641 000	−3 440 000
Financial Income	277 000	273 000	323 000	351 000
Financial Costs	729 000	410 000	520 000	432 000
Financial Balance	−452 000	−137 000	−197 000	−81 000
Dividends	0	300 000	350 000	200 000
Net Income	−3 480 000	−593 000	−640 000	−2 659 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 150 000	2 135 000	1 943 000	1 746 000
Real Eastate	8 675 000	9 621 000	10 379 000	9 572 000
Machinery and Plant Facilities	879 000	1 206 000	1 676 000	2 241 000
Fixtures	996 000	1 255 000	269 000	603 000
Total Tangible Assets	10 549 000	12 082 000	12 325 000	12 416 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 699 000	14 217 000	14 268 000	14 162 000
Stock	16 147 000	15 380 000	14 682 000	13 461 000
Total Investments	2 268 000	2 450 000	2 596 000	2 729 000
Cash, Bank	−198 000	2 488 000	4 260 000	5 610 000
Total Current Assets	25 808 000	29 082 000	26 931 000	29 542 000
Total Assets	39 507 000	43 299 000	41 199 000	43 705 000
Total Equity	19 955 000	23 436 000	24 329 000	25 319 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 338 000	11 951 000	11 400 000	11 880 000
Creditors	2 223 000	2 776 000	2 078 000	2 389 000
Unpaid Taxes	2 124 000	1 667 000	997 000	1 326 000
Dividends	0	300 000	350 000	200 000
Other Current Debt	3 867 000	3 470 000	2 396 000	2 790 000
Total Current Debt	8 214 000	7 913 000	5 470 000	6 505 000
Total Equity and Debt	39 507 000	43 299 000	41 199 000	43 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,44 %	−2,53 %	−2,63 %	−10,5 %
Debt-to-Equity Ratio	0,57	0,51	0,47	0,47
Operating Profit Margin	−7,57 %	−1,37 %	−1,7 %	−7,56 %
Current Ratio	3,14	3,68	4,92	4,54
Quick Ratio	−3,25	−3,89	−2,92	−4,25
Equity Ratio	0,51	0,54	0,59	0,58
Gross Profit Margin	73,13 %	78,98 %	74,34 %	73,51 %