FROLAND EIENDOMSUTVIKLING AS

4406 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

10,31 %

Current Ratio

0,11

Debt-to-Equity Ratio

6,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	286 000	376 000	372 000	267 000
Net Income	95 000	158 000	127 000	92 000
Total Assets	7 220 000	7 239 000	7 194 000	7 205 000
Total Equity	921 000	921 000	921 000	794 000

Income (NOK)	2022	2021	2020	2019
Revenue	286 000	376 000	372 000	267 000
Expenditure	121 000	123 000	125 000	77 000
Operating Profit	165 000	252 000	246 000	190 000
Financial Income	0	0	2 000	0
Financial Costs	43 000	50 000	86 000	72 000
Financial Balance	−43 000	−50 000	−84 000	−72 000
Earnings Before Tax	122 000	202 000	162 000	118 000
Tax	27 000	44 000	36 000	26 000
Net Income	95 000	158 000	127 000	92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 183 000	7 183 000	7 183 000	7 183 000
Total Current Assets	37 000	56 000	11 000	22 000
Total Assets	7 220 000	7 239 000	7 194 000	7 205 000
Total Retained Equity	421 000	421 000	421 000	294 000
Total Equity	921 000	921 000	921 000	794 000
Total Long-Term Debt	5 965 000	6 106 000	6 213 000	6 363 000
Total Current Debt	334 000	212 000	60 000	47 000
Total Equity and Debt	7 220 000	7 239 000	7 194 000	7 205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	286 000	376 000	372 000	267 000
Revenue	286 000	376 000	372 000	267 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	121 000	123 000	125 000	77 000
Operating Profit	165 000	252 000	246 000	190 000
Financial Income	0	0	2 000	0
Financial Costs	43 000	50 000	86 000	72 000
Financial Balance	−43 000	−50 000	−84 000	−72 000
Dividends	0	0	0	0
Net Income	95 000	158 000	127 000	92 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 183 000	7 183 000	7 183 000	7 183 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 183 000	7 183 000	7 183 000	7 183 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 183 000	7 183 000	7 183 000	7 183 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	51 000	5 000	22 000
Total Current Assets	37 000	56 000	11 000	22 000
Total Assets	7 220 000	7 239 000	7 194 000	7 205 000
Total Equity	921 000	921 000	921 000	794 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 965 000	6 106 000	6 213 000	6 363 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	334 000	212 000	20 000	22 000
Total Current Debt	334 000	212 000	60 000	47 000
Total Equity and Debt	7 220 000	7 239 000	7 194 000	7 205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,31 %	17,16 %	13,79 %	11,59 %
Debt-to-Equity Ratio	6,48	6,63	6,75	8,01
Operating Profit Margin	57,69 %	67,02 %	66,13 %	71,16 %
Current Ratio	0,11	0,26	0,18	0,47
Quick Ratio	0,11	0,26	0,18	0,47
Equity Ratio	0,13	0,13	0,13	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %