FROGN EXPRESS AS

1443 DRØBAK

Finances

Share Ownership

Return on Equity

13,74 %

Current Ratio

0,96

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 290 000	1 406 000	1 826 000	1 526 000
Net Income	50 000	85 000	44 000	66 000
Total Assets	1 642 000	1 120 000	1 714 000	857 000
Total Equity	364 000	314 000	229 000	251 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 290 000	1 406 000	1 826 000	1 526 000
Expenditure	2 217 000	1 296 000	1 716 000	1 439 000
Operating Profit	74 000	111 000	109 000	87 000
Financial Income	0	0	0	0
Financial Costs	24 000	26 000	65 000	20 000
Financial Balance	−24 000	−26 000	−65 000	−20 000
Earnings Before Tax	50 000	85 000	44 000	66 000
Tax	0	0	0	0
Net Income	50 000	85 000	44 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	769 000	956 000	1 258 000	301 000
Total Current Assets	873 000	164 000	456 000	556 000
Total Assets	1 642 000	1 120 000	1 714 000	857 000
Total Retained Equity	334 000	284 000	199 000	221 000
Total Equity	364 000	314 000	229 000	251 000
Total Long-Term Debt	369 000	648 000	976 000	−83 000
Total Current Debt	909 000	158 000	509 000	689 000
Total Equity and Debt	1 642 000	1 120 000	1 714 000	857 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 290 000	1 406 000	1 804 000	1 526 000
Other Income	0	0	22 000	0
Revenue	2 290 000	1 406 000	1 826 000	1 526 000
Cost of Goods Sold	92 000	33 000	102 000	178 000
Salary Costs	352 000	257 000	240 000	291 000
Depreciation	230 000	302 000	397 000	95 000
Impairment	0	0	0	0
Expenditure	2 217 000	1 296 000	1 716 000	1 439 000
Operating Profit	74 000	111 000	109 000	87 000
Financial Income	0	0	0	0
Financial Costs	24 000	26 000	65 000	20 000
Financial Balance	−24 000	−26 000	−65 000	−20 000
Dividends	0	0	0	0
Net Income	50 000	85 000	44 000	66 000

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	132 000	174 000	229 000	301 000
Total Tangible Assets	769 000	956 000	1 258 000	301 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	769 000	956 000	1 258 000	301 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	499 000	265 000	331 000	360 000
Total Current Assets	873 000	164 000	456 000	556 000
Total Assets	1 642 000	1 120 000	1 714 000	857 000
Total Equity	364 000	314 000	229 000	251 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	369 000	648 000	976 000	−83 000
Creditors	154 000	125 000	125 000	64 000
Unpaid Taxes	−52 000	−35 000	51 000	109 000
Dividends	0	0	0	0
Other Current Debt	925 000	188 000	452 000	608 000
Total Current Debt	909 000	158 000	509 000	689 000
Total Equity and Debt	1 642 000	1 120 000	1 714 000	857 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,74 %	27,07 %	19,21 %	26,29 %
Debt-to-Equity Ratio	1,01	2,06	4,26	−0,33
Operating Profit Margin	3,23 %	7,89 %	5,97 %	5,7 %
Current Ratio	0,96	1,04	0,9	0,81
Quick Ratio	0,96	1,04	0,9	0,81
Equity Ratio	0,22	0,28	0,13	0,29
Gross Profit Margin	95,98 %	97,65 %	94,41 %	88,34 %