FRISTADS AS

0154 OSLO

Finances

Share Ownership

Return on Equity

7,32 %

Current Ratio

2,14

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	18 742 000	23 357 000	23 206 000	23 752 000
Net Income	400 000	−854 000	886 000	2 849 000
Total Assets	10 164 000	9 699 000	11 473 000	12 450 000
Total Equity	5 467 000	5 067 000	5 921 000	5 035 000

Income (NOK)	2021	2020	2019	2018
Revenue	18 742 000	23 357 000	23 206 000	23 752 000
Expenditure	18 377 000	23 833 000	22 049 000	19 948 000
Operating Profit	365 000	−476 000	1 156 000	3 805 000
Financial Income	80 000	115 000	3 000	3 000
Financial Costs	41 000	493 000	23 000	106 000
Financial Balance	39 000	−378 000	−20 000	−103 000
Earnings Before Tax	404 000	−855 000	1 136 000	3 702 000
Tax	3 000	0	250 000	853 000
Net Income	400 000	−854 000	886 000	2 849 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	109 000	7 000	7 000	9 000
Total Current Assets	10 055 000	9 692 000	11 466 000	12 440 000
Total Assets	10 164 000	9 699 000	11 473 000	12 450 000
Total Retained Equity	5 437 000	5 037 000	5 891 000	5 005 000
Total Equity	5 467 000	5 067 000	5 921 000	5 035 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 697 000	4 632 000	5 552 000	7 414 000
Total Equity and Debt	10 164 000	9 699 000	11 473 000	12 450 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	18 742 000	23 357 000	23 206 000	23 752 000
Other Income	0	0	0	0
Revenue	18 742 000	23 357 000	23 206 000	23 752 000
Cost of Goods Sold	13 635 000	19 579 000	18 920 000	16 396 000
Salary Costs	3 308 000	0	374 000	706 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	18 377 000	23 833 000	22 049 000	19 948 000
Operating Profit	365 000	−476 000	1 156 000	3 805 000
Financial Income	80 000	115 000	3 000	3 000
Financial Costs	41 000	493 000	23 000	106 000
Financial Balance	39 000	−378 000	−20 000	−103 000
Dividends	0	0	0	0
Net Income	400 000	−854 000	886 000	2 849 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	4 000	7 000	7 000	9 000
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	106 000	0	0	0
Total Fixed Assets	109 000	7 000	7 000	9 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	130 000	0	0	25 000
Total Current Assets	10 055 000	9 692 000	11 466 000	12 440 000
Total Assets	10 164 000	9 699 000	11 473 000	12 450 000
Total Equity	5 467 000	5 067 000	5 921 000	5 035 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	209 000	1 238 000	1 248 000	1 267 000
Unpaid Taxes	1 051 000	995 000	932 000	1 034 000
Dividends	0	0	0	0
Other Current Debt	3 437 000	2 399 000	3 371 000	5 114 000
Total Current Debt	4 697 000	4 632 000	5 552 000	7 414 000
Total Equity and Debt	10 164 000	9 699 000	11 473 000	12 450 000

Financial indicators	2021	2020	2019	2018
Return on Equity	7,32 %	−16,85 %	14,96 %	56,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,95 %	−2,04 %	4,98 %	16,02 %
Current Ratio	2,14	2,09	2,07	1,68
Quick Ratio	2,14	2,09	2,07	1,68
Equity Ratio	0,54	0,52	0,52	0,4
Gross Profit Margin	27,25 %	16,18 %	18,47 %	30,97 %