FRODIG ØKONOMI AS

3540 NESBYEN

Finances

Share Ownership

Return on Equity

27,25 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 526 000	8 822 000	7 761 000	6 538 000
Net Income	457 000	641 000	110 000	−33 000
Total Assets	4 540 000	3 585 000	2 529 000	1 965 000
Total Equity	1 677 000	1 420 000	779 000	669 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 526 000	8 822 000	7 761 000	6 538 000
Expenditure	8 937 000	7 993 000	7 627 000	6 569 000
Operating Profit	589 000	829 000	133 000	−31 000
Financial Income	0	0	0	1 000
Financial Costs	3 000	3 000	4 000	3 000
Financial Balance	−3 000	−3 000	−4 000	−2 000
Earnings Before Tax	586 000	826 000	129 000	−33 000
Tax	129 000	185 000	19 000	0
Net Income	457 000	641 000	110 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	56 000	96 000	114 000
Total Current Assets	4 415 000	3 529 000	2 434 000	1 851 000
Total Assets	4 540 000	3 585 000	2 529 000	1 965 000
Total Retained Equity	1 477 000	1 220 000	579 000	469 000
Total Equity	1 677 000	1 420 000	779 000	669 000
Total Long-Term Debt	0	0	41 000	0
Total Current Debt	2 862 000	2 165 000	1 709 000	1 297 000
Total Equity and Debt	4 540 000	3 585 000	2 529 000	1 965 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 515 000	8 822 000	7 761 000	6 538 000
Other Income	11 000	0	0	0
Revenue	9 526 000	8 822 000	7 761 000	6 538 000
Cost of Goods Sold	258 000	231 000	220 000	150 000
Salary Costs	6 843 000	6 065 000	5 982 000	4 967 000
Depreciation	46 000	39 000	39 000	25 000
Impairment	0	0	0	0
Expenditure	8 937 000	7 993 000	7 627 000	6 569 000
Operating Profit	589 000	829 000	133 000	−31 000
Financial Income	0	0	0	1 000
Financial Costs	3 000	3 000	4 000	3 000
Financial Balance	−3 000	−3 000	−4 000	−2 000
Dividends	200 000	0	0	0
Net Income	457 000	641 000	110 000	−33 000

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	125 000	56 000	96 000	114 000
Total Tangible Assets	125 000	56 000	96 000	114 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	125 000	56 000	96 000	114 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 301 000	1 082 000	710 000	169 000
Total Current Assets	4 415 000	3 529 000	2 434 000	1 851 000
Total Assets	4 540 000	3 585 000	2 529 000	1 965 000
Total Equity	1 677 000	1 420 000	779 000	669 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	41 000	0
Creditors	542 000	364 000	325 000	91 000
Unpaid Taxes	880 000	748 000	658 000	598 000
Dividends	200 000	0	0	0
Other Current Debt	1 111 000	867 000	707 000	608 000
Total Current Debt	2 862 000	2 165 000	1 709 000	1 297 000
Total Equity and Debt	4 540 000	3 585 000	2 529 000	1 965 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,25 %	45,14 %	14,12 %	−4,93 %
Debt-to-Equity Ratio	0	0	0,05	0
Operating Profit Margin	6,18 %	9,4 %	1,71 %	−0,47 %
Current Ratio	1,54	1,63	1,42	1,43
Quick Ratio	1,54	1,63	1,42	1,43
Equity Ratio	0,37	0,4	0,31	0,34
Gross Profit Margin	97,29 %	97,38 %	97,17 %	97,71 %