FRIXEN AS

4514 MANDAL

Finances

Return on Equity

44,72 %

Current Ratio

2,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 839 000	2 153 000	888 000	524 000
Net Income	284 000	380 000	11 000	−70 000
Total Assets	1 144 000	799 000	128 000	68 000
Total Equity	635 000	351 000	−29 000	−41 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 839 000	2 153 000	888 000	524 000
Expenditure	2 309 000	1 682 000	875 000	594 000
Operating Profit	530 000	471 000	12 000	−70 000
Financial Income	21 000	0	0	0
Financial Costs	150 000	3 000	1 000	0
Financial Balance	−129 000	−3 000	−1 000	0
Earnings Before Tax	402 000	468 000	11 000	−70 000
Tax	118 000	88 000	0	0
Net Income	284 000	380 000	11 000	−70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 144 000	799 000	128 000	68 000
Total Assets	1 144 000	799 000	128 000	68 000
Total Retained Equity	605 000	321 000	−59 000	−65 000
Total Equity	635 000	351 000	−29 000	−41 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	510 000	449 000	157 000	109 000
Total Equity and Debt	1 144 000	799 000	128 000	68 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 839 000	2 097 000	888 000	524 000
Other Income	0	56 000	0	0
Revenue	2 839 000	2 153 000	888 000	524 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 250 000	1 639 000	822 000	524 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 309 000	1 682 000	875 000	594 000
Operating Profit	530 000	471 000	12 000	−70 000
Financial Income	21 000	0	0	0
Financial Costs	150 000	3 000	1 000	0
Financial Balance	−129 000	−3 000	−1 000	0
Dividends	0	0	0	0
Net Income	284 000	380 000	11 000	−70 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	226 000	250 000	0	0
Cash, Bank	795 000	545 000	128 000	68 000
Total Current Assets	1 144 000	799 000	128 000	68 000
Total Assets	1 144 000	799 000	128 000	68 000
Total Equity	635 000	351 000	−29 000	−41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	0	0	0
Unpaid Taxes	200 000	213 000	61 000	37 000
Dividends	0	0	0	0
Other Current Debt	179 000	148 000	97 000	72 000
Total Current Debt	510 000	449 000	157 000	109 000
Total Equity and Debt	1 144 000	799 000	128 000	68 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,72 %	108,26 %	−37,93 %	170,73 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	18,67 %	21,88 %	1,35 %	−13,36 %
Current Ratio	2,24	1,78	0,82	0,62
Quick Ratio	2,24	1,78	0,82	0,62
Equity Ratio	0,56	0,44	−0,23	−0,6
Gross Profit Margin	100 %	100 %	100 %	100 %