FRØYA SEASIDE SERVICE AS

7260 SISTRANDA

Finances

Return on Equity

6,75 %

Current Ratio

1,54

Debt-to-Equity Ratio

1,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 381 000	6 322 000	6 766 000	6 137 000
Net Income	248 000	132 000	407 000	579 000
Total Assets	13 376 000	10 965 000	11 933 000	10 790 000
Total Equity	3 675 000	3 427 000	3 295 000	2 888 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 381 000	6 322 000	6 766 000	6 137 000
Expenditure	7 828 000	5 950 000	6 040 000	5 227 000
Operating Profit	553 000	372 000	726 000	909 000
Financial Income	4 000	0	1 000	1 000
Financial Costs	240 000	203 000	205 000	168 000
Financial Balance	−236 000	−203 000	−204 000	−167 000
Earnings Before Tax	317 000	169 000	522 000	743 000
Tax	69 000	37 000	115 000	164 000
Net Income	248 000	132 000	407 000	579 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 517 000	7 790 000	8 233 000	7 575 000
Total Current Assets	4 860 000	3 175 000	3 700 000	3 215 000
Total Assets	13 376 000	10 965 000	11 933 000	10 790 000
Total Retained Equity	2 975 000	2 727 000	2 595 000	2 188 000
Total Equity	3 675 000	3 427 000	3 295 000	2 888 000
Total Long-Term Debt	6 554 000	5 456 000	5 899 000	5 862 000
Total Current Debt	3 147 000	2 082 000	2 739 000	2 041 000
Total Equity and Debt	13 376 000	10 965 000	11 933 000	10 790 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 855 000	5 769 000	6 325 000	5 901 000
Other Income	526 000	553 000	441 000	236 000
Revenue	8 381 000	6 322 000	6 766 000	6 137 000
Cost of Goods Sold	0	68 000	239 000	1 000
Salary Costs	4 385 000	3 690 000	3 667 000	3 216 000
Depreciation	658 000	681 000	621 000	517 000
Impairment	0	0	0	0
Expenditure	7 828 000	5 950 000	6 040 000	5 227 000
Operating Profit	553 000	372 000	726 000	909 000
Financial Income	4 000	0	1 000	1 000
Financial Costs	240 000	203 000	205 000	168 000
Financial Balance	−236 000	−203 000	−204 000	−167 000
Dividends	0	0	0	0
Net Income	248 000	132 000	407 000	579 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	233 000	130 000	28 000	0
Real Eastate	7 100 000	6 171 000	6 414 000	5 949 000
Machinery and Plant Facilities	320 000	380 000	483 000	176 000
Fixtures	33 000	123 000	165 000	153 000
Total Tangible Assets	8 284 000	7 660 000	8 205 000	7 575 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 517 000	7 790 000	8 233 000	7 575 000
Stock	0	0	0	0
Total Investments	151 000	151 000	0	0
Cash, Bank	3 911 000	2 476 000	3 028 000	2 588 000
Total Current Assets	4 860 000	3 175 000	3 700 000	3 215 000
Total Assets	13 376 000	10 965 000	11 933 000	10 790 000
Total Equity	3 675 000	3 427 000	3 295 000	2 888 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 554 000	5 456 000	5 899 000	5 862 000
Creditors	407 000	24 000	590 000	27 000
Unpaid Taxes	1 912 000	1 382 000	1 445 000	1 332 000
Dividends	0	0	0	0
Other Current Debt	656 000	537 000	520 000	455 000
Total Current Debt	3 147 000	2 082 000	2 739 000	2 041 000
Total Equity and Debt	13 376 000	10 965 000	11 933 000	10 790 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,75 %	3,85 %	12,35 %	20,05 %
Debt-to-Equity Ratio	1,78	1,59	1,79	2,03
Operating Profit Margin	6,6 %	5,88 %	10,73 %	14,81 %
Current Ratio	1,54	1,52	1,35	1,58
Quick Ratio	1,54	1,52	1,35	1,58
Equity Ratio	0,27	0,31	0,28	0,27
Gross Profit Margin	100 %	98,92 %	96,47 %	99,98 %