FRØYVÆRING AS

7273 NORDDYRØY

Finances

Share Ownership

Return on Equity

−6,65 %

Current Ratio

22,48

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	519 000	219 000	331 000	2 041 000
Net Income	−723 000	−586 000	−447 000	−325 000
Total Assets	12 028 000	12 962 000	14 174 000	19 043 000
Total Equity	10 877 000	11 600 000	12 186 000	12 633 000

Income (NOK)	2022	2021	2020	2019
Revenue	519 000	219 000	331 000	2 041 000
Expenditure	1 514 000	1 000 000	996 000	2 600 000
Operating Profit	−996 000	−781 000	−665 000	−558 000
Financial Income	70 000	32 000	92 000	155 000
Financial Costs	1 000	3 000	0	14 000
Financial Balance	69 000	29 000	92 000	141 000
Earnings Before Tax	−927 000	−751 000	−573 000	−416 000
Tax	−204 000	−165 000	−126 000	−92 000
Net Income	−723 000	−586 000	−447 000	−325 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 137 000	6 204 000	6 565 000	1 962 000
Total Current Assets	5 890 000	6 759 000	7 609 000	17 081 000
Total Assets	12 028 000	12 962 000	14 174 000	19 043 000
Total Retained Equity	9 777 000	10 500 000	11 086 000	11 533 000
Total Equity	10 877 000	11 600 000	12 186 000	12 633 000
Total Long-Term Debt	888 000	1 092 000	1 289 000	1 760 000
Total Current Debt	262 000	270 000	699 000	4 650 000
Total Equity and Debt	12 028 000	12 962 000	14 174 000	19 043 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	505 000	205 000	331 000	437 000
Other Income	14 000	14 000	0	1 604 000
Revenue	519 000	219 000	331 000	2 041 000
Cost of Goods Sold	118 000	78 000	74 000	30 000
Salary Costs	282 000	91 000	202 000	158 000
Depreciation	624 000	624 000	569 000	240 000
Impairment	0	0	0	0
Expenditure	1 514 000	1 000 000	996 000	2 600 000
Operating Profit	−996 000	−781 000	−665 000	−558 000
Financial Income	70 000	32 000	92 000	155 000
Financial Costs	1 000	3 000	0	14 000
Financial Balance	69 000	29 000	92 000	141 000
Dividends	0	0	0	0
Net Income	−723 000	−586 000	−447 000	−325 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 857 000	1 579 000	1 535 000	377 000
Machinery and Plant Facilities	861 000	871 000	942 000	1 078 000
Fixtures	285 000	358 000	431 000	504 000
Total Tangible Assets	6 135 000	6 201 000	6 562 000	1 959 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	6 137 000	6 204 000	6 565 000	1 962 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 618 000	6 620 000	7 202 000	12 257 000
Total Current Assets	5 890 000	6 759 000	7 609 000	17 081 000
Total Assets	12 028 000	12 962 000	14 174 000	19 043 000
Total Equity	10 877 000	11 600 000	12 186 000	12 633 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	888 000	1 092 000	1 289 000	1 760 000
Creditors	99 000	15 000	1 000	3 926 000
Unpaid Taxes	0	0	−1 000	0
Dividends	0	0	0	0
Other Current Debt	164 000	223 000	355 000	723 000
Total Current Debt	262 000	270 000	699 000	4 650 000
Total Equity and Debt	12 028 000	12 962 000	14 174 000	19 043 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,65 %	−5,05 %	−3,67 %	−2,57 %
Debt-to-Equity Ratio	0,08	0,09	0,11	0,14
Operating Profit Margin	−191,91 %	−356,62 %	−200,91 %	−27,34 %
Current Ratio	22,48	25,03	10,89	3,67
Quick Ratio	22,48	25,03	10,89	3,67
Equity Ratio	0,9	0,89	0,86	0,66
Gross Profit Margin	77,26 %	64,38 %	77,64 %	98,53 %