FRIGAARD AS

1724 SARPSBORG

Finances

Return on Equity

9,67 %

Current Ratio

2,99

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 972 000	6 895 000	7 793 000	8 943 000
Net Income	19 501 000	87 000	−3 585 000	1 114 000
Total Assets	216 965 000	228 153 000	214 214 000	220 933 000
Total Equity	201 671 000	187 170 000	187 083 000	194 668 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 972 000	6 895 000	7 793 000	8 943 000
Expenditure	12 937 000	12 086 000	14 422 000	17 641 000
Operating Profit	−5 966 000	−5 191 000	−6 629 000	−8 698 000
Financial Income	26 971 000	5 862 000	3 575 000	12 043 000
Financial Costs	1 503 000	584 000	532 000	2 280 000
Financial Balance	25 468 000	5 278 000	3 043 000	9 763 000
Earnings Before Tax	19 501 000	87 000	−3 585 000	1 066 000
Tax	0	0	0	−48 000
Net Income	19 501 000	87 000	−3 585 000	1 114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	196 153 000	197 151 000	193 470 000	193 718 000
Total Current Assets	20 812 000	31 001 000	20 744 000	27 215 000
Total Assets	216 965 000	228 153 000	214 214 000	220 933 000
Total Retained Equity	200 671 000	186 170 000	186 083 000	193 668 000
Total Equity	201 671 000	187 170 000	187 083 000	194 668 000
Total Long-Term Debt	8 322 000	13 152 000	24 897 000	21 348 000
Total Current Debt	6 972 000	27 831 000	2 234 000	4 917 000
Total Equity and Debt	216 965 000	228 153 000	214 214 000	220 933 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 972 000	6 840 000	7 793 000	8 943 000
Other Income	0	55 000	0	0
Revenue	6 972 000	6 895 000	7 793 000	8 943 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 414 000	6 343 000	7 527 000	11 846 000
Depreciation	1 088 000	846 000	405 000	442 000
Impairment	0	0	0	0
Expenditure	12 937 000	12 086 000	14 422 000	17 641 000
Operating Profit	−5 966 000	−5 191 000	−6 629 000	−8 698 000
Financial Income	26 971 000	5 862 000	3 575 000	12 043 000
Financial Costs	1 503 000	584 000	532 000	2 280 000
Financial Balance	25 468 000	5 278 000	3 043 000	9 763 000
Dividends	5 000 000	0	0	0
Net Income	19 501 000	87 000	−3 585 000	1 114 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	42 000	83 000	1 000	75 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 708 000	4 756 000	1 156 000	1 424 000
Total Tangible Assets	3 708 000	4 756 000	1 156 000	1 424 000
Total Fiancial Fixed Assets	192 403 000	192 313 000	192 313 000	192 219 000
Total Fixed Assets	196 153 000	197 151 000	193 470 000	193 718 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 178 000	26 546 000	16 673 000	8 604 000
Total Current Assets	20 812 000	31 001 000	20 744 000	27 215 000
Total Assets	216 965 000	228 153 000	214 214 000	220 933 000
Total Equity	201 671 000	187 170 000	187 083 000	194 668 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 322 000	13 152 000	24 897 000	21 348 000
Creditors	1 008 000	744 000	629 000	486 000
Unpaid Taxes	509 000	592 000	746 000	2 159 000
Dividends	5 000 000	0	0	0
Other Current Debt	455 000	26 495 000	860 000	2 272 000
Total Current Debt	6 972 000	27 831 000	2 234 000	4 917 000
Total Equity and Debt	216 965 000	228 153 000	214 214 000	220 933 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,67 %	0,05 %	−1,92 %	0,57 %
Debt-to-Equity Ratio	0,04	0,07	0,13	0,11
Operating Profit Margin	−85,57 %	−75,29 %	−85,06 %	−97,26 %
Current Ratio	2,99	1,11	9,29	5,53
Quick Ratio	2,99	1,11	9,29	5,53
Equity Ratio	0,93	0,82	0,87	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %