FROSTALØK AS

7633 FROSTA

Finances

Share Ownership

Return on Equity

33,45 %

Current Ratio

1,02

Debt-to-Equity Ratio

−1,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 587 000	7 664 000	12 817 000	8 304 000
Net Income	−367 000	−849 000	−1 767 000	−57 000
Total Assets	3 921 000	4 943 000	4 436 000	7 756 000
Total Equity	−1 097 000	−729 000	120 000	1 652 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 587 000	7 664 000	12 817 000	8 304 000
Expenditure	9 865 000	8 435 000	14 807 000	8 280 000
Operating Profit	−277 000	−771 000	−1 991 000	25 000
Financial Income	0	0	0	1 000
Financial Costs	90 000	78 000	94 000	98 000
Financial Balance	−90 000	−78 000	−94 000	−97 000
Earnings Before Tax	−367 000	−849 000	−2 085 000	−73 000
Tax	0	0	−318 000	−16 000
Net Income	−367 000	−849 000	−1 767 000	−57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	332 000	980 000	1 775 000	2 571 000
Total Current Assets	3 589 000	3 963 000	2 661 000	5 185 000
Total Assets	3 921 000	4 943 000	4 436 000	7 756 000
Total Retained Equity	−1 370 000	−1 002 000	−153 000	1 379 000
Total Equity	−1 097 000	−729 000	120 000	1 652 000
Total Long-Term Debt	1 490 000	1 636 000	1 707 000	2 023 000
Total Current Debt	3 528 000	4 036 000	2 609 000	4 081 000
Total Equity and Debt	3 921 000	4 943 000	4 436 000	7 756 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 587 000	7 664 000	12 817 000	8 304 000
Other Income	0	0	0	0
Revenue	9 587 000	7 664 000	12 817 000	8 304 000
Cost of Goods Sold	6 875 000	5 591 000	10 398 000	4 018 000
Salary Costs	0	0	0	0
Depreciation	747 000	795 000	796 000	756 000
Impairment	0	0	0	0
Expenditure	9 865 000	8 435 000	14 807 000	8 280 000
Operating Profit	−277 000	−771 000	−1 991 000	25 000
Financial Income	0	0	0	1 000
Financial Costs	90 000	78 000	94 000	98 000
Financial Balance	−90 000	−78 000	−94 000	−97 000
Dividends	0	0	0	0
Net Income	−367 000	−849 000	−1 767 000	−57 000

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	182 000	902 000	1 660 000	2 418 000
Fixtures	150 000	78 000	115 000	153 000
Total Tangible Assets	332 000	980 000	1 775 000	2 571 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	332 000	980 000	1 775 000	2 571 000
Stock	1 791 000	1 089 000	485 000	2 640 000
Total Investments	0	0	0	0
Cash, Bank	0	0	247 000	0
Total Current Assets	3 589 000	3 963 000	2 661 000	5 185 000
Total Assets	3 921 000	4 943 000	4 436 000	7 756 000
Total Equity	−1 097 000	−729 000	120 000	1 652 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 490 000	1 636 000	1 707 000	2 023 000
Creditors	2 418 000	3 597 000	2 102 000	3 390 000
Unpaid Taxes	22 000	5 000	107 000	0
Dividends	0	0	0	0
Other Current Debt	762 000	424 000	400 000	399 000
Total Current Debt	3 528 000	4 036 000	2 609 000	4 081 000
Total Equity and Debt	3 921 000	4 943 000	4 436 000	7 756 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,45 %	116,46 %	−1 472,5 %	−3,45 %
Debt-to-Equity Ratio	−1,36	−2,24	14,23	1,22
Operating Profit Margin	−2,89 %	−10,06 %	−15,53 %	0,3 %
Current Ratio	1,02	0,98	1,02	1,27
Quick Ratio	2,07	1,34	1,25	3,6
Equity Ratio	−0,28	−0,15	0,03	0,21
Gross Profit Margin	28,29 %	27,05 %	18,87 %	51,61 %