MINIFROGGEN AS

1346 GJETTUM

Finances

Share Ownership

Return on Equity

30,69 %

Current Ratio

0,78

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	872 000	1 013 000	861 000	951 000
Net Income	−31 000	75 000	138 000	−123 000
Total Assets	475 000	351 000	300 000	192 000
Total Equity	−101 000	−70 000	−145 000	−283 000

Income (NOK)	2022	2021	2020	2019
Revenue	872 000	1 013 000	861 000	951 000
Expenditure	898 000	928 000	718 000	1 069 000
Operating Profit	−26 000	85 000	143 000	−119 000
Financial Income	−1 000	0	0	0
Financial Costs	4 000	10 000	5 000	5 000
Financial Balance	−5 000	−10 000	−5 000	−5 000
Earnings Before Tax	−31 000	75 000	138 000	−123 000
Tax	0	0	0	0
Net Income	−31 000	75 000	138 000	−123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	26 000	26 000	35 000
Total Current Assets	449 000	325 000	274 000	157 000
Total Assets	475 000	351 000	300 000	192 000
Total Retained Equity	199 000	230 000	155 000	16 000
Total Equity	−101 000	−70 000	−145 000	−283 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	576 000	421 000	445 000	476 000
Total Equity and Debt	475 000	351 000	300 000	192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	872 000	1 013 000	861 000	951 000
Other Income	0	0	0	0
Revenue	872 000	1 013 000	861 000	951 000
Cost of Goods Sold	341 000	393 000	213 000	451 000
Salary Costs	321 000	288 000	260 000	384 000
Depreciation	0	0	9 000	2 000
Impairment	0	0	0	0
Expenditure	898 000	928 000	718 000	1 069 000
Operating Profit	−26 000	85 000	143 000	−119 000
Financial Income	−1 000	0	0	0
Financial Costs	4 000	10 000	5 000	5 000
Financial Balance	−5 000	−10 000	−5 000	−5 000
Dividends	0	0	0	0
Net Income	−31 000	75 000	138 000	−123 000

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	0	0	0	9 000
Total Tangible Assets	0	0	0	9 000
Total Fiancial Fixed Assets	26 000	26 000	26 000	26 000
Total Fixed Assets	26 000	26 000	26 000	35 000
Stock	34 000	36 000	31 000	30 000
Total Investments	0	0	0	0
Cash, Bank	407 000	269 000	241 000	125 000
Total Current Assets	449 000	325 000	274 000	157 000
Total Assets	475 000	351 000	300 000	192 000
Total Equity	−101 000	−70 000	−145 000	−283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	527 000	373 000	318 000	372 000
Unpaid Taxes	19 000	21 000	23 000	47 000
Dividends	0	0	0	0
Other Current Debt	30 000	27 000	104 000	56 000
Total Current Debt	576 000	421 000	445 000	476 000
Total Equity and Debt	475 000	351 000	300 000	192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,69 %	−107,14 %	−95,17 %	43,46 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−2,98 %	8,39 %	16,61 %	−12,51 %
Current Ratio	0,78	0,77	0,62	0,33
Quick Ratio	0,83	0,84	0,66	0,35
Equity Ratio	−0,21	−0,2	−0,48	−1,47
Gross Profit Margin	60,89 %	61,2 %	75,26 %	52,58 %