FROGNER TRANSPORTSERVICE AS

0257 OSLO

Finances

Share Ownership

Return on Equity

42,97 %

Current Ratio

1,2

Debt-to-Equity Ratio

8,81

Key figures (NOK)	2021	2020	2019	2018
Revenue	7 674 000	1 413 000	729 000	170 000
Net Income	391 000	582 000	287 000	24 000
Total Assets	12 434 000	2 910 000	1 757 000	242 000
Total Equity	910 000	339 000	232 000	51 000

Income (NOK)	2021	2020	2019	2018
Revenue	7 674 000	1 413 000	729 000	170 000
Expenditure	6 939 000	609 000	325 000	138 000
Operating Profit	735 000	804 000	403 000	31 000
Financial Income	1 000	9 000	0	0
Financial Costs	233 000	67 000	36 000	0
Financial Balance	−232 000	−58 000	−36 000	0
Earnings Before Tax	503 000	746 000	368 000	31 000
Tax	112 000	164 000	81 000	7 000
Net Income	391 000	582 000	287 000	24 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	8 221 000	1 532 000	1 239 000	0
Total Current Assets	4 213 000	1 378 000	518 000	242 000
Total Assets	12 434 000	2 910 000	1 757 000	242 000
Total Retained Equity	605 000	214 000	107 000	−75 000
Total Equity	910 000	339 000	232 000	51 000
Total Long-Term Debt	8 019 000	1 715 000	1 263 000	55 000
Total Current Debt	3 505 000	856 000	262 000	136 000
Total Equity and Debt	12 434 000	2 910 000	1 757 000	242 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	7 654 000	1 413 000	729 000	170 000
Other Income	20 000	0	0	0
Revenue	7 674 000	1 413 000	729 000	170 000
Cost of Goods Sold	248 000	222 000	0	0
Salary Costs	4 767 000	86 000	0	0
Depreciation	476 000	161 000	65 000	0
Impairment	0	0	0	0
Expenditure	6 939 000	609 000	325 000	138 000
Operating Profit	735 000	804 000	403 000	31 000
Financial Income	1 000	9 000	0	0
Financial Costs	233 000	67 000	36 000	0
Financial Balance	−232 000	−58 000	−36 000	0
Dividends	0	0	0	0
Net Income	391 000	582 000	287 000	24 000

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	0	0	0	0
Fixtures	8 221 000	1 532 000	1 239 000	0
Total Tangible Assets	8 221 000	1 532 000	1 239 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 221 000	1 532 000	1 239 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	49 000	31 000	28 000
Total Current Assets	4 213 000	1 378 000	518 000	242 000
Total Assets	12 434 000	2 910 000	1 757 000	242 000
Total Equity	910 000	339 000	232 000	51 000
Short-Term Group Debt	2 546 000	633 000	166 000	31 000
Total Long-Term Debt	8 019 000	1 715 000	1 263 000	55 000
Creditors	395 000	49 000	14 000	9 000
Unpaid Taxes	72 000	88 000	3 000	16 000
Dividends	0	0	0	0
Other Current Debt	492 000	86 000	70 000	80 000
Total Current Debt	3 505 000	856 000	262 000	136 000
Total Equity and Debt	12 434 000	2 910 000	1 757 000	242 000

Financial indicators	2021	2020	2019	2018
Return on Equity	42,97 %	171,68 %	123,71 %	47,06 %
Debt-to-Equity Ratio	8,81	5,06	5,44	1,08
Operating Profit Margin	9,58 %	56,9 %	55,28 %	18,24 %
Current Ratio	1,2	1,61	1,98	1,78
Quick Ratio	1,2	1,61	1,98	1,78
Equity Ratio	0,07	0,12	0,13	0,21
Gross Profit Margin	96,77 %	84,29 %	100 %	100 %