FRANK STEENSEN HOLDING AS

8020 BODØ

Finances

Return on Equity

17,9 %

Current Ratio

1,58

Debt-to-Equity Ratio

2,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 478 000	101 313 000	89 623 000	87 251 000
Net Income	2 578 000	1 553 000	1 583 000	786 000
Total Assets	60 780 000	49 942 000	45 672 000	33 780 000
Total Equity	14 401 000	11 824 000	10 578 000	8 866 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 478 000	101 313 000	89 623 000	87 251 000
Expenditure	108 147 000	98 949 000	87 210 000	86 013 000
Operating Profit	4 333 000	2 364 000	2 412 000	1 238 000
Financial Income	12 000	28 000	69 000	25 000
Financial Costs	1 036 000	503 000	449 000	251 000
Financial Balance	−1 024 000	−475 000	−380 000	−226 000
Earnings Before Tax	3 308 000	1 890 000	2 033 000	1 012 000
Tax	731 000	337 000	450 000	225 000
Net Income	2 578 000	1 553 000	1 583 000	786 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 253 000	27 975 000	23 741 000	17 598 000
Total Current Assets	24 527 000	21 967 000	21 932 000	16 182 000
Total Assets	60 780 000	49 942 000	45 672 000	33 780 000
Total Retained Equity	13 851 000	11 274 000	10 028 000	8 316 000
Total Equity	14 401 000	11 824 000	10 578 000	8 866 000
Total Long-Term Debt	30 838 000	21 031 000	17 288 000	10 415 000
Total Current Debt	15 542 000	17 088 000	17 806 000	14 498 000
Total Equity and Debt	60 780 000	49 942 000	45 672 000	33 780 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	108 752 000	99 775 000	88 426 000	85 542 000
Other Income	3 726 000	1 538 000	1 197 000	1 709 000
Revenue	112 478 000	101 313 000	89 623 000	87 251 000
Cost of Goods Sold	10 133 000	7 902 000	4 415 000	3 291 000
Salary Costs	41 347 000	40 197 000	37 217 000	36 431 000
Depreciation	9 395 000	6 728 000	4 972 000	2 163 000
Impairment	0	0	0	3 000
Expenditure	108 147 000	98 949 000	87 210 000	86 013 000
Operating Profit	4 333 000	2 364 000	2 412 000	1 238 000
Financial Income	12 000	28 000	69 000	25 000
Financial Costs	1 036 000	503 000	449 000	251 000
Financial Balance	−1 024 000	−475 000	−380 000	−226 000
Dividends	0	250 000	0	0
Net Income	2 578 000	1 553 000	1 583 000	786 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 693 000	2 734 000	3 673 000	2 859 000
Machinery and Plant Facilities	11 623 000	6 113 000	0	0
Fixtures	21 666 000	18 473 000	18 783 000	13 515 000
Total Tangible Assets	35 982 000	27 320 000	22 456 000	16 374 000
Total Fiancial Fixed Assets	271 000	655 000	1 285 000	1 224 000
Total Fixed Assets	36 253 000	27 975 000	23 741 000	17 598 000
Stock	62 000	62 000	62 000	62 000
Total Investments	0	0	0	0
Cash, Bank	6 941 000	8 577 000	7 983 000	2 861 000
Total Current Assets	24 527 000	21 967 000	21 932 000	16 182 000
Total Assets	60 780 000	49 942 000	45 672 000	33 780 000
Total Equity	14 401 000	11 824 000	10 578 000	8 866 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 838 000	21 031 000	17 288 000	10 415 000
Creditors	4 879 000	5 692 000	4 892 000	4 496 000
Unpaid Taxes	3 089 000	3 911 000	4 041 000	3 201 000
Dividends	0	250 000	0	0
Other Current Debt	7 473 000	7 359 000	8 327 000	6 654 000
Total Current Debt	15 542 000	17 088 000	17 806 000	14 498 000
Total Equity and Debt	60 780 000	49 942 000	45 672 000	33 780 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,9 %	13,13 %	14,97 %	8,87 %
Debt-to-Equity Ratio	2,14	1,78	1,63	1,17
Operating Profit Margin	3,85 %	2,33 %	2,69 %	1,42 %
Current Ratio	1,58	1,29	1,23	1,12
Quick Ratio	1,58	1,29	1,24	1,12
Equity Ratio	0,24	0,24	0,23	0,26
Gross Profit Margin	90,99 %	92,2 %	95,07 %	96,23 %