FRODE KJETSÅ AS

4624 KRISTIANSAND S

Finances

Return on Equity

84,98 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	89 262 000	89 106 000	92 712 000	79 640 000
Net Income	1 465 000	1 373 000	2 223 000	1 605 000
Total Assets	11 463 000	10 358 000	12 135 000	10 307 000
Total Equity	1 724 000	1 554 000	2 030 000	1 607 000

Income (NOK)	2022	2021	2020	2019
Revenue	89 262 000	89 106 000	92 712 000	79 640 000
Expenditure	87 454 000	87 367 000	89 898 000	77 660 000
Operating Profit	1 809 000	1 740 000	2 813 000	1 980 000
Financial Income	72 000	22 000	37 000	79 000
Financial Costs	0	0	0	0
Financial Balance	72 000	22 000	37 000	79 000
Earnings Before Tax	1 881 000	1 761 000	2 850 000	2 059 000
Tax	416 000	389 000	628 000	454 000
Net Income	1 465 000	1 373 000	2 223 000	1 605 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 260 000	1 322 000	815 000	206 000
Total Current Assets	10 202 000	9 036 000	11 320 000	10 101 000
Total Assets	11 463 000	10 358 000	12 135 000	10 307 000
Total Retained Equity	1 224 000	1 054 000	1 530 000	1 107 000
Total Equity	1 724 000	1 554 000	2 030 000	1 607 000
Total Long-Term Debt	41 000	47 000	21 000	9 000
Total Current Debt	9 698 000	8 756 000	10 085 000	8 691 000
Total Equity and Debt	11 463 000	10 358 000	12 135 000	10 307 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	87 107 000	87 634 000	91 292 000	77 707 000
Other Income	2 154 000	1 472 000	1 419 000	1 933 000
Revenue	89 262 000	89 106 000	92 712 000	79 640 000
Cost of Goods Sold	74 190 000	74 418 000	77 172 000	66 296 000
Salary Costs	5 350 000	5 102 000	4 885 000	4 582 000
Depreciation	255 000	205 000	155 000	67 000
Impairment	0	0	0	0
Expenditure	87 454 000	87 367 000	89 898 000	77 660 000
Operating Profit	1 809 000	1 740 000	2 813 000	1 980 000
Financial Income	72 000	22 000	37 000	79 000
Financial Costs	0	0	0	0
Financial Balance	72 000	22 000	37 000	79 000
Dividends	1 295 000	1 848 000	1 800 000	1 500 000
Net Income	1 465 000	1 373 000	2 223 000	1 605 000

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	1 260 000	1 322 000	815 000	206 000
Total Tangible Assets	1 260 000	1 322 000	815 000	206 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 260 000	1 322 000	815 000	206 000
Stock	3 649 000	3 289 000	3 665 000	3 352 000
Total Investments	0	0	0	0
Cash, Bank	5 771 000	4 696 000	6 430 000	6 231 000
Total Current Assets	10 202 000	9 036 000	11 320 000	10 101 000
Total Assets	11 463 000	10 358 000	12 135 000	10 307 000
Total Equity	1 724 000	1 554 000	2 030 000	1 607 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	41 000	47 000	21 000	9 000
Creditors	6 057 000	4 695 000	5 784 000	5 072 000
Unpaid Taxes	469 000	494 000	591 000	437 000
Dividends	1 295 000	1 848 000	1 800 000	1 500 000
Other Current Debt	1 455 000	1 357 000	1 293 000	1 218 000
Total Current Debt	9 698 000	8 756 000	10 085 000	8 691 000
Total Equity and Debt	11 463 000	10 358 000	12 135 000	10 307 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,98 %	88,35 %	109,51 %	99,88 %
Debt-to-Equity Ratio	0,02	0,03	0,01	0,01
Operating Profit Margin	2,03 %	1,95 %	3,03 %	2,49 %
Current Ratio	1,05	1,03	1,12	1,16
Quick Ratio	1,69	1,65	1,76	1,89
Equity Ratio	0,15	0,15	0,17	0,16
Gross Profit Margin	16,89 %	16,48 %	16,76 %	16,76 %