FROSTRØYK AS

2815 GJØVIK

Finances

Share Ownership

Return on Equity

−22,66 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 113 000	3 318 000	2 994 000	2 396 000
Net Income	−162 000	369 000	354 000	203 000
Total Assets	1 471 000	1 663 000	1 571 000	1 019 000
Total Equity	715 000	876 000	508 000	553 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 113 000	3 318 000	2 994 000	2 396 000
Expenditure	3 320 000	2 845 000	2 545 000	2 137 000
Operating Profit	−206 000	473 000	449 000	260 000
Financial Income	1 000	2 000	7 000	2 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	0	2 000	6 000	1 000
Earnings Before Tax	−207 000	475 000	455 000	261 000
Tax	−45 000	106 000	101 000	58 000
Net Income	−162 000	369 000	354 000	203 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	123 000	104 000	58 000	82 000
Total Current Assets	1 347 000	1 559 000	1 513 000	937 000
Total Assets	1 471 000	1 663 000	1 571 000	1 019 000
Total Retained Equity	695 000	857 000	488 000	534 000
Total Equity	715 000	876 000	508 000	553 000
Total Long-Term Debt	0	0	0	2 000
Total Current Debt	756 000	786 000	1 064 000	463 000
Total Equity and Debt	1 471 000	1 663 000	1 571 000	1 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 113 000	3 308 000	2 985 000	2 395 000
Other Income	0	10 000	9 000	1 000
Revenue	3 113 000	3 318 000	2 994 000	2 396 000
Cost of Goods Sold	437 000	499 000	417 000	290 000
Salary Costs	2 518 000	1 862 000	1 776 000	1 542 000
Depreciation	26 000	29 000	24 000	19 000
Impairment	0	0	0	0
Expenditure	3 320 000	2 845 000	2 545 000	2 137 000
Operating Profit	−206 000	473 000	449 000	260 000
Financial Income	1 000	2 000	7 000	2 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	0	2 000	6 000	1 000
Dividends	0	0	400 000	0
Net Income	−162 000	369 000	354 000	203 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	66 000	21 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	58 000	32 000	57 000
Total Tangible Assets	32 000	58 000	32 000	57 000
Total Fiancial Fixed Assets	25 000	25 000	25 000	25 000
Total Fixed Assets	123 000	104 000	58 000	82 000
Stock	0	0	0	0
Total Investments	300 000	300 000	0	0
Cash, Bank	597 000	890 000	1 249 000	884 000
Total Current Assets	1 347 000	1 559 000	1 513 000	937 000
Total Assets	1 471 000	1 663 000	1 571 000	1 019 000
Total Equity	715 000	876 000	508 000	553 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 000
Creditors	97 000	69 000	61 000	30 000
Unpaid Taxes	332 000	253 000	261 000	179 000
Dividends	0	0	400 000	0
Other Current Debt	326 000	338 000	238 000	197 000
Total Current Debt	756 000	786 000	1 064 000	463 000
Total Equity and Debt	1 471 000	1 663 000	1 571 000	1 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,66 %	42,12 %	69,69 %	36,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,62 %	14,26 %	15 %	10,85 %
Current Ratio	1,78	1,98	1,42	2,02
Quick Ratio	1,78	1,98	1,42	2,02
Equity Ratio	0,49	0,53	0,32	0,54
Gross Profit Margin	85,96 %	84,96 %	86,07 %	87,9 %