FREDRIKSTAD GASS & VVS AS

1618 FREDRIKSTAD

Finances

Return on Equity

8,26 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 432 000	7 556 000	5 554 000	5 591 000
Net Income	93 000	242 000	193 000	710 000
Total Assets	2 577 000	2 306 000	1 921 000	1 962 000
Total Equity	1 126 000	1 050 000	848 000	955 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 432 000	7 556 000	5 554 000	5 591 000
Expenditure	6 453 000	7 249 000	5 315 000	4 715 000
Operating Profit	22 000	304 000	240 000	910 000
Financial Income	80 000	7 000	7 000	1 000
Financial Costs	1 000	2 000	1 000	0
Financial Balance	79 000	5 000	6 000	1 000
Earnings Before Tax	102 000	308 000	247 000	911 000
Tax	8 000	67 000	53 000	201 000
Net Income	93 000	242 000	193 000	710 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	637 000	528 000	94 000	113 000
Total Current Assets	1 940 000	1 779 000	1 827 000	1 849 000
Total Assets	2 577 000	2 306 000	1 921 000	1 962 000
Total Retained Equity	1 001 000	925 000	723 000	830 000
Total Equity	1 126 000	1 050 000	848 000	955 000
Total Long-Term Debt	0	5 000	9 000	17 000
Total Current Debt	1 450 000	1 251 000	1 064 000	991 000
Total Equity and Debt	2 577 000	2 306 000	1 921 000	1 962 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 432 000	7 551 000	5 553 000	5 564 000
Other Income	0	6 000	1 000	27 000
Revenue	6 432 000	7 556 000	5 554 000	5 591 000
Cost of Goods Sold	2 412 000	3 044 000	2 107 000	2 022 000
Salary Costs	2 799 000	2 963 000	2 238 000	2 019 000
Depreciation	50 000	23 000	19 000	17 000
Impairment	0	0	0	0
Expenditure	6 453 000	7 249 000	5 315 000	4 715 000
Operating Profit	22 000	304 000	240 000	910 000
Financial Income	80 000	7 000	7 000	1 000
Financial Costs	1 000	2 000	1 000	0
Financial Balance	79 000	5 000	6 000	1 000
Dividends	0	0	300 000	0
Net Income	93 000	242 000	193 000	710 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	189 000	88 000	39 000	58 000
Total Tangible Assets	189 000	88 000	39 000	58 000
Total Fiancial Fixed Assets	440 000	440 000	55 000	55 000
Total Fixed Assets	637 000	528 000	94 000	113 000
Stock	206 000	162 000	166 000	165 000
Total Investments	0	0	0	0
Cash, Bank	1 138 000	689 000	1 196 000	1 102 000
Total Current Assets	1 940 000	1 779 000	1 827 000	1 849 000
Total Assets	2 577 000	2 306 000	1 921 000	1 962 000
Total Equity	1 126 000	1 050 000	848 000	955 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	9 000	17 000
Creditors	533 000	330 000	313 000	350 000
Unpaid Taxes	335 000	357 000	185 000	259 000
Dividends	0	0	300 000	0
Other Current Debt	565 000	505 000	206 000	210 000
Total Current Debt	1 450 000	1 251 000	1 064 000	991 000
Total Equity and Debt	2 577 000	2 306 000	1 921 000	1 962 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,26 %	23,05 %	22,76 %	74,35 %
Debt-to-Equity Ratio	0	0	0,01	0,02
Operating Profit Margin	0,34 %	4,02 %	4,32 %	16,28 %
Current Ratio	1,34	1,42	1,72	1,87
Quick Ratio	1,56	1,63	2,03	2,24
Equity Ratio	0,44	0,46	0,44	0,49
Gross Profit Margin	62,5 %	59,71 %	62,06 %	63,83 %