FREDRIKSTAD ASFALT AS

1738 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

17,38 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 196 000	4 697 000	4 855 000	4 221 000
Net Income	114 000	−206 000	197 000	0
Total Assets	1 692 000	1 749 000	1 735 000	1 544 000
Total Equity	656 000	542 000	747 000	550 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 196 000	4 697 000	4 855 000	4 221 000
Expenditure	6 045 000	4 920 000	4 577 000	4 198 000
Operating Profit	151 000	−222 000	277 000	24 000
Financial Income	0	0	0	0
Financial Costs	28 000	19 000	25 000	24 000
Financial Balance	−28 000	−19 000	−25 000	−24 000
Earnings Before Tax	123 000	−240 000	252 000	0
Tax	9 000	−35 000	56 000	0
Net Income	114 000	−206 000	197 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	816 000	1 049 000	627 000	451 000
Total Current Assets	876 000	700 000	1 108 000	1 093 000
Total Assets	1 692 000	1 749 000	1 735 000	1 544 000
Total Retained Equity	626 000	512 000	717 000	520 000
Total Equity	656 000	542 000	747 000	550 000
Total Long-Term Debt	395 000	593 000	251 000	293 000
Total Current Debt	641 000	615 000	737 000	700 000
Total Equity and Debt	1 692 000	1 749 000	1 735 000	1 544 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 190 000	4 532 000	4 813 000	4 215 000
Other Income	6 000	165 000	42 000	6 000
Revenue	6 196 000	4 697 000	4 855 000	4 221 000
Cost of Goods Sold	2 697 000	1 902 000	1 885 000	1 827 000
Salary Costs	2 190 000	1 986 000	1 858 000	1 652 000
Depreciation	233 000	193 000	153 000	136 000
Impairment	0	0	0	0
Expenditure	6 045 000	4 920 000	4 577 000	4 198 000
Operating Profit	151 000	−222 000	277 000	24 000
Financial Income	0	0	0	0
Financial Costs	28 000	19 000	25 000	24 000
Financial Balance	−28 000	−19 000	−25 000	−24 000
Dividends	0	0	0	0
Net Income	114 000	−206 000	197 000	0

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	816 000	1 049 000	627 000	451 000
Total Tangible Assets	816 000	1 049 000	627 000	451 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	816 000	1 049 000	627 000	451 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	825 000	532 000	832 000	589 000
Total Current Assets	876 000	700 000	1 108 000	1 093 000
Total Assets	1 692 000	1 749 000	1 735 000	1 544 000
Total Equity	656 000	542 000	747 000	550 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	395 000	593 000	251 000	293 000
Creditors	18 000	8 000	6 000	71 000
Unpaid Taxes	276 000	202 000	284 000	231 000
Dividends	0	0	0	0
Other Current Debt	347 000	405 000	397 000	390 000
Total Current Debt	641 000	615 000	737 000	700 000
Total Equity and Debt	1 692 000	1 749 000	1 735 000	1 544 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,38 %	−38,01 %	26,37 %	0 %
Debt-to-Equity Ratio	0,6	1,09	0,34	0,53
Operating Profit Margin	2,44 %	−4,73 %	5,71 %	0,57 %
Current Ratio	1,37	1,14	1,5	1,56
Quick Ratio	1,37	1,14	1,5	1,56
Equity Ratio	0,39	0,31	0,43	0,36
Gross Profit Margin	56,47 %	59,51 %	61,17 %	56,72 %