HAUGESUND FROSKEMANNSKOLE AS

5563 FØRRESFJORDEN

Finances

Share Ownership

Return on Equity

77,19 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 000	106 000	109 000	157 000
Net Income	44 000	49 000	39 000	77 000
Total Assets	144 000	121 000	93 000	174 000
Total Equity	57 000	52 000	34 000	34 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 000	106 000	109 000	157 000
Expenditure	61 000	42 000	56 000	57 000
Operating Profit	57 000	64 000	54 000	100 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	3 000	1 000
Financial Balance	0	−2 000	−3 000	−1 000
Earnings Before Tax	57 000	62 000	51 000	99 000
Tax	13 000	14 000	11 000	22 000
Net Income	44 000	49 000	39 000	77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	0	0	0
Total Current Assets	142 000	121 000	93 000	174 000
Total Assets	144 000	121 000	93 000	174 000
Total Retained Equity	27 000	22 000	4 000	4 000
Total Equity	57 000	52 000	34 000	34 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	87 000	68 000	59 000	140 000
Total Equity and Debt	144 000	121 000	93 000	174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	118 000	106 000	109 000	157 000
Other Income	0	0	0	0
Revenue	118 000	106 000	109 000	157 000
Cost of Goods Sold	8 000	0	14 000	5 000
Salary Costs	19 000	17 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	61 000	42 000	56 000	57 000
Operating Profit	57 000	64 000	54 000	100 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	3 000	1 000
Financial Balance	0	−2 000	−3 000	−1 000
Dividends	40 000	30 000	40 000	100 000
Net Income	44 000	49 000	39 000	77 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	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	2 000	0	0	0
Stock	25 000	33 000	33 000	39 000
Total Investments	0	0	0	0
Cash, Bank	65 000	64 000	59 000	37 000
Total Current Assets	142 000	121 000	93 000	174 000
Total Assets	144 000	121 000	93 000	174 000
Total Equity	57 000	52 000	34 000	34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	14 000	1 000	18 000
Unpaid Taxes	0	0	0	0
Dividends	40 000	30 000	40 000	100 000
Other Current Debt	16 000	10 000	7 000	0
Total Current Debt	87 000	68 000	59 000	140 000
Total Equity and Debt	144 000	121 000	93 000	174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,19 %	94,23 %	114,71 %	226,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	48,31 %	60,38 %	49,54 %	63,69 %
Current Ratio	1,63	1,78	1,58	1,24
Quick Ratio	2,29	3,46	3,58	1,72
Equity Ratio	0,4	0,43	0,37	0,2
Gross Profit Margin	93,22 %	100 %	87,16 %	96,82 %