FROGNER FLIS AS

3244 SANDEFJORD

Finances

Share Ownership

Return on Equity

42,78 %

Current Ratio

0,25

Debt-to-Equity Ratio

−0,61

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 858 000	995 000	1 227 000	1 243 000
Net Income	−77 000	50 000	−105 000	210 000
Total Assets	197 000	299 000	250 000	133 000
Total Equity	−180 000	−103 000	−153 000	−47 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 858 000	995 000	1 227 000	1 243 000
Expenditure	1 946 000	895 000	1 305 000	1 024 000
Operating Profit	−64 000	75 000	−78 000	219 000
Financial Income	0	0	0	0
Financial Costs	13 000	26 000	27 000	8 000
Financial Balance	−13 000	−26 000	−27 000	−8 000
Earnings Before Tax	−77 000	50 000	−105 000	210 000
Tax	0	0	0	0
Net Income	−77 000	50 000	−105 000	210 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	130 000	176 000	222 000	0
Total Current Assets	67 000	123 000	27 000	133 000
Total Assets	197 000	299 000	250 000	133 000
Total Retained Equity	−271 000	−193 000	−243 000	−138 000
Total Equity	−180 000	−103 000	−153 000	−47 000
Total Long-Term Debt	109 000	146 000	181 000	0
Total Current Debt	268 000	256 000	221 000	180 000
Total Equity and Debt	197 000	299 000	250 000	133 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 858 000	995 000	1 227 000	1 243 000
Other Income	0	0	0	0
Revenue	1 858 000	995 000	1 227 000	1 243 000
Cost of Goods Sold	486 000	512 000	762 000	409 000
Salary Costs	1 170 000	146 000	390 000	362 000
Depreciation	46 000	46 000	8 000	0
Impairment	0	0	0	0
Expenditure	1 946 000	895 000	1 305 000	1 024 000
Operating Profit	−64 000	75 000	−78 000	219 000
Financial Income	0	0	0	0
Financial Costs	13 000	26 000	27 000	8 000
Financial Balance	−13 000	−26 000	−27 000	−8 000
Dividends	0	0	0	0
Net Income	−77 000	50 000	−105 000	210 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	130 000	176 000	222 000	0
Fixtures	0	0	0	0
Total Tangible Assets	130 000	176 000	222 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	130 000	176 000	222 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	59 000	9 000	53 000
Total Current Assets	67 000	123 000	27 000	133 000
Total Assets	197 000	299 000	250 000	133 000
Total Equity	−180 000	−103 000	−153 000	−47 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	109 000	146 000	181 000	0
Creditors	69 000	146 000	131 000	66 000
Unpaid Taxes	71 000	59 000	1 000	38 000
Dividends	0	0	0	0
Other Current Debt	129 000	51 000	89 000	76 000
Total Current Debt	268 000	256 000	221 000	180 000
Total Equity and Debt	197 000	299 000	250 000	133 000

Financial indicators	2021	2020	2019	2018
Return on Equity	42,78 %	−48,54 %	68,63 %	−446,81 %
Debt-to-Equity Ratio	−0,61	−1,42	−1,18	−0
Operating Profit Margin	−3,44 %	7,54 %	−6,36 %	17,62 %
Current Ratio	0,25	0,48	0,12	0,74
Quick Ratio	0,25	0,48	0,12	0,74
Equity Ratio	−0,91	−0,34	−0,61	−0,35
Gross Profit Margin	73,84 %	48,54 %	37,9 %	67,1 %