HARALD FROGNER AS

1481 HAGAN

Finances

Share Ownership

Return on Equity

40,33 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 999 000	16 082 000	18 028 000	12 047 000
Net Income	1 610 000	1 110 000	1 268 000	1 446 000
Total Assets	8 147 000	7 031 000	6 688 000	7 024 000
Total Equity	3 992 000	2 382 000	2 371 000	2 071 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 999 000	16 082 000	18 028 000	12 047 000
Expenditure	13 991 000	14 460 000	16 398 000	10 190 000
Operating Profit	2 009 000	1 621 000	1 629 000	1 857 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	0	3 000	2 000
Financial Balance	−3 000	0	−2 000	−1 000
Earnings Before Tax	2 006 000	1 621 000	1 627 000	1 856 000
Tax	395 000	511 000	359 000	410 000
Net Income	1 610 000	1 110 000	1 268 000	1 446 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	184 000	271 000	188 000	196 000
Total Current Assets	7 964 000	6 760 000	6 500 000	6 828 000
Total Assets	8 147 000	7 031 000	6 688 000	7 024 000
Total Retained Equity	3 812 000	2 202 000	2 191 000	1 891 000
Total Equity	3 992 000	2 382 000	2 371 000	2 071 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 155 000	4 650 000	4 317 000	4 953 000
Total Equity and Debt	8 147 000	7 031 000	6 688 000	7 024 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 999 000	16 082 000	18 028 000	11 957 000
Other Income	0	0	0	90 000
Revenue	15 999 000	16 082 000	18 028 000	12 047 000
Cost of Goods Sold	6 366 000	6 905 000	9 540 000	4 784 000
Salary Costs	5 602 000	5 091 000	4 910 000	4 049 000
Depreciation	66 000	42 000	22 000	46 000
Impairment	0	0	0	0
Expenditure	13 991 000	14 460 000	16 398 000	10 190 000
Operating Profit	2 009 000	1 621 000	1 629 000	1 857 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	0	3 000	2 000
Financial Balance	−3 000	0	−2 000	−1 000
Dividends	0	1 100 000	0	1 101 000
Net Income	1 610 000	1 110 000	1 268 000	1 446 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	76 000	106 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	25 000	39 000	53 000	67 000
Fixtures	159 000	188 000	15 000	23 000
Total Tangible Assets	184 000	226 000	68 000	90 000
Total Fiancial Fixed Assets	0	45 000	45 000	0
Total Fixed Assets	184 000	271 000	188 000	196 000
Stock	144 000	202 000	211 000	175 000
Total Investments	0	0	0	0
Cash, Bank	941 000	1 575 000	680 000	984 000
Total Current Assets	7 964 000	6 760 000	6 500 000	6 828 000
Total Assets	8 147 000	7 031 000	6 688 000	7 024 000
Total Equity	3 992 000	2 382 000	2 371 000	2 071 000
Short-Term Group Debt	1 133 000	32 000	1 100 000	0
Total Long-Term Debt	0	0	0	0
Creditors	840 000	1 366 000	1 339 000	1 489 000
Unpaid Taxes	1 074 000	842 000	743 000	725 000
Dividends	0	1 100 000	0	1 101 000
Other Current Debt	714 000	874 000	837 000	1 523 000
Total Current Debt	4 155 000	4 650 000	4 317 000	4 953 000
Total Equity and Debt	8 147 000	7 031 000	6 688 000	7 024 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,33 %	46,6 %	53,48 %	69,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,56 %	10,08 %	9,04 %	15,41 %
Current Ratio	1,92	1,45	1,51	1,38
Quick Ratio	1,99	1,52	1,58	1,43
Equity Ratio	0,49	0,34	0,35	0,29
Gross Profit Margin	60,21 %	57,06 %	47,08 %	60,29 %