FRODE FIX AS

4645 NODELAND

Finances

Share Ownership

Return on Equity

34,07 %

Current Ratio

2,64

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 698 000	2 585 000	1 050 000	415 000
Net Income	263 000	71 000	333 000	5 000
Total Assets	1 024 000	811 000	774 000	491 000
Total Equity	772 000	509 000	563 000	230 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 698 000	2 585 000	1 050 000	415 000
Expenditure	2 361 000	2 492 000	608 000	404 000
Operating Profit	337 000	91 000	442 000	10 000
Financial Income	0	0	0	0
Financial Costs	0	0	15 000	0
Financial Balance	0	0	−15 000	0
Earnings Before Tax	337 000	91 000	427 000	10 000
Tax	74 000	20 000	94 000	5 000
Net Income	263 000	71 000	333 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	376 000	259 000	177 000	360 000
Total Current Assets	648 000	552 000	597 000	131 000
Total Assets	1 024 000	811 000	774 000	491 000
Total Retained Equity	742 000	479 000	533 000	200 000
Total Equity	772 000	509 000	563 000	230 000
Total Long-Term Debt	7 000	2 000	13 000	259 000
Total Current Debt	245 000	299 000	197 000	1 000
Total Equity and Debt	1 024 000	811 000	774 000	491 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 666 000	2 723 000	885 000	413 000
Other Income	32 000	−138 000	164 000	2 000
Revenue	2 698 000	2 585 000	1 050 000	415 000
Cost of Goods Sold	8 000	229 000	53 000	128 000
Salary Costs	321 000	232 000	4 000	2 000
Depreciation	99 000	41 000	64 000	25 000
Impairment	0	0	0	0
Expenditure	2 361 000	2 492 000	608 000	404 000
Operating Profit	337 000	91 000	442 000	10 000
Financial Income	0	0	0	0
Financial Costs	0	0	15 000	0
Financial Balance	0	0	−15 000	0
Dividends	0	125 000	0	0
Net Income	263 000	71 000	333 000	5 000

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	83 000	181 000	120 000	112 000
Fixtures	293 000	77 000	0	247 000
Total Tangible Assets	376 000	259 000	121 000	360 000
Total Fiancial Fixed Assets	0	0	56 000	0
Total Fixed Assets	376 000	259 000	177 000	360 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	415 000	264 000	26 000	66 000
Total Current Assets	648 000	552 000	597 000	131 000
Total Assets	1 024 000	811 000	774 000	491 000
Total Equity	772 000	509 000	563 000	230 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	2 000	13 000	259 000
Creditors	123 000	90 000	9 000	−4 000
Unpaid Taxes	26 000	27 000	103 000	0
Dividends	0	125 000	0	0
Other Current Debt	26 000	27 000	0	5 000
Total Current Debt	245 000	299 000	197 000	1 000
Total Equity and Debt	1 024 000	811 000	774 000	491 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,07 %	13,95 %	59,15 %	2,17 %
Debt-to-Equity Ratio	0,01	0	0,02	1,13
Operating Profit Margin	12,49 %	3,52 %	42,1 %	2,41 %
Current Ratio	2,64	1,85	3,03	131
Quick Ratio	2,64	1,85	3,03	131
Equity Ratio	0,75	0,63	0,73	0,47
Gross Profit Margin	99,7 %	91,14 %	94,95 %	69,16 %