FRU KVIST AS

0157 OSLO

Finances

Share Ownership

Return on Equity

39,98 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2021	2020	2019	2018
Revenue	10 993 000	9 459 000	7 140 000	4 065 000
Net Income	730 000	611 000	258 000	313 000
Total Assets	3 733 000	5 088 000	2 186 000	1 548 000
Total Equity	1 826 000	1 096 000	486 000	227 000

Income (NOK)	2021	2020	2019	2018
Revenue	10 993 000	9 459 000	7 140 000	4 065 000
Expenditure	10 037 000	8 610 000	6 763 000	3 702 000
Operating Profit	955 000	850 000	376 000	364 000
Financial Income	29 000	21 000	1 000	1 000
Financial Costs	53 000	77 000	36 000	7 000
Financial Balance	−24 000	−56 000	−35 000	−6 000
Earnings Before Tax	931 000	794 000	341 000	357 000
Tax	202 000	183 000	83 000	44 000
Net Income	730 000	611 000	258 000	313 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	491 000	445 000	89 000	80 000
Total Current Assets	3 242 000	4 643 000	2 097 000	1 467 000
Total Assets	3 733 000	5 088 000	2 186 000	1 548 000
Total Retained Equity	1 726 000	996 000	386 000	127 000
Total Equity	1 826 000	1 096 000	486 000	227 000
Total Long-Term Debt	324 000	562 000	381 000	520 000
Total Current Debt	1 584 000	1 801 000	1 319 000	801 000
Total Equity and Debt	3 733 000	3 459 000	2 186 000	1 548 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	10 993 000	9 446 000	7 140 000	4 065 000
Other Income	0	13 000	0	0
Revenue	10 993 000	9 459 000	7 140 000	4 065 000
Cost of Goods Sold	5 755 000	5 036 000	3 617 000	2 019 000
Salary Costs	2 704 000	2 010 000	2 101 000	951 000
Depreciation	22 000	10 000	17 000	21 000
Impairment	0	0	0	0
Expenditure	10 037 000	8 610 000	6 763 000	3 702 000
Operating Profit	955 000	850 000	376 000	364 000
Financial Income	29 000	21 000	1 000	1 000
Financial Costs	53 000	77 000	36 000	7 000
Financial Balance	−24 000	−56 000	−35 000	−6 000
Dividends	0	0	0	0
Net Income	730 000	611 000	258 000	313 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 000	23 000	33 000	15 000
Total Tangible Assets	69 000	23 000	33 000	15 000
Total Fiancial Fixed Assets	422 000	422 000	56 000	56 000
Total Fixed Assets	491 000	445 000	89 000	80 000
Stock	2 162 000	3 257 000	2 418 000	779 000
Total Investments	0	0	0	0
Cash, Bank	343 000	267 000	636 000	650 000
Total Current Assets	3 242 000	4 643 000	2 097 000	1 467 000
Total Assets	3 733 000	5 088 000	2 186 000	1 548 000
Total Equity	1 826 000	1 096 000	486 000	227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	324 000	562 000	381 000	520 000
Creditors	475 000	730 000	235 000	129 000
Unpaid Taxes	466 000	362 000	590 000	242 000
Dividends	0	0	0	0
Other Current Debt	441 000	525 000	420 000	375 000
Total Current Debt	1 584 000	1 801 000	1 319 000	801 000
Total Equity and Debt	3 733 000	3 459 000	2 186 000	1 548 000

Financial indicators	2021	2020	2019	2018
Return on Equity	39,98 %	55,75 %	53,09 %	137,89 %
Debt-to-Equity Ratio	0,18	0,51	0,78	2,29
Operating Profit Margin	8,69 %	8,99 %	5,27 %	8,95 %
Current Ratio	2,05	2,58	1,59	1,83
Quick Ratio	−5,61	−3,19	−1,91	66,68
Equity Ratio	0,49	0,22	0,22	0,15
Gross Profit Margin	47,65 %	46,76 %	49,34 %	50,33 %