FRONESE RÅDGIVNING AS

9511 ALTA

Finances

Share Ownership

Return on Equity

5,36 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	594 000	803 000	364 000	455 000
Net Income	3 000	169 000	18 000	66 000
Total Assets	431 000	696 000	443 000	453 000
Total Equity	56 000	354 000	334 000	317 000

Income (NOK)	2022	2021	2020	2019
Revenue	594 000	803 000	364 000	455 000
Expenditure	515 000	653 000	386 000	421 000
Operating Profit	80 000	150 000	−22 000	34 000
Financial Income	48 000	47 000	40 000	39 000
Financial Costs	113 000	0	1 000	0
Financial Balance	−65 000	47 000	39 000	39 000
Earnings Before Tax	15 000	197 000	18 000	73 000
Tax	13 000	28 000	0	8 000
Net Income	3 000	169 000	18 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	431 000	696 000	443 000	453 000
Total Assets	431 000	696 000	443 000	453 000
Total Retained Equity	26 000	324 000	304 000	287 000
Total Equity	56 000	354 000	334 000	317 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	374 000	342 000	109 000	137 000
Total Equity and Debt	431 000	696 000	443 000	453 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	594 000	803 000	361 000	455 000
Other Income	0	0	3 000	0
Revenue	594 000	803 000	364 000	455 000
Cost of Goods Sold	2 000	0	1 000	0
Salary Costs	416 000	582 000	299 000	343 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	515 000	653 000	386 000	421 000
Operating Profit	80 000	150 000	−22 000	34 000
Financial Income	48 000	47 000	40 000	39 000
Financial Costs	113 000	0	1 000	0
Financial Balance	−65 000	47 000	39 000	39 000
Dividends	300 000	150 000	0	0
Net Income	3 000	169 000	18 000	66 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	1 000	381 000	285 000	246 000
Cash, Bank	368 000	175 000	99 000	89 000
Total Current Assets	431 000	696 000	443 000	453 000
Total Assets	431 000	696 000	443 000	453 000
Total Equity	56 000	354 000	334 000	317 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	3 000	1 000	1 000
Unpaid Taxes	29 000	94 000	44 000	61 000
Dividends	300 000	150 000	0	0
Other Current Debt	30 000	63 000	64 000	68 000
Total Current Debt	374 000	342 000	109 000	137 000
Total Equity and Debt	431 000	696 000	443 000	453 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,36 %	47,74 %	5,39 %	20,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,47 %	18,68 %	−6,04 %	7,47 %
Current Ratio	1,15	2,04	4,06	3,31
Quick Ratio	1,15	2,04	4,06	3,31
Equity Ratio	0,13	0,51	0,75	0,7
Gross Profit Margin	99,66 %	100 %	99,73 %	100 %