FROGNERHAGAN AS

2335 STANGE

Finances

Share Ownership

Return on Equity

108,11 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 080 000	47 715 000	30 003 000	56 010 000
Net Income	8 570 000	4 895 000	2 768 000	3 878 000
Total Assets	28 031 000	30 824 000	38 186 000	28 981 000
Total Equity	7 927 000	15 357 000	10 463 000	7 695 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 080 000	47 715 000	30 003 000	56 010 000
Expenditure	42 044 000	41 002 000	25 778 000	49 409 000
Operating Profit	11 035 000	6 713 000	4 225 000	6 601 000
Financial Income	11 000	42 000	22 000	3 000
Financial Costs	27 000	480 000	696 000	1 683 000
Financial Balance	−16 000	−438 000	−674 000	−1 680 000
Earnings Before Tax	11 019 000	6 275 000	3 551 000	4 921 000
Tax	2 449 000	1 381 000	783 000	1 042 000
Net Income	8 570 000	4 895 000	2 768 000	3 878 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 925 000	2 717 000	3 456 000	0
Total Current Assets	26 106 000	28 108 000	34 730 000	28 981 000
Total Assets	28 031 000	30 824 000	38 186 000	28 981 000
Total Retained Equity	3 927 000	11 357 000	6 463 000	3 695 000
Total Equity	7 927 000	15 357 000	10 463 000	7 695 000
Total Long-Term Debt	0	2 552 000	22 260 000	12 700 000
Total Current Debt	20 103 000	12 915 000	5 463 000	8 586 000
Total Equity and Debt	28 031 000	30 824 000	38 186 000	28 981 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 080 000	47 715 000	30 003 000	56 010 000
Other Income	0	0	0	0
Revenue	53 080 000	47 715 000	30 003 000	56 010 000
Cost of Goods Sold	36 975 000	35 804 000	21 414 000	47 008 000
Salary Costs	2 997 000	3 407 000	3 060 000	1 278 000
Depreciation	792 000	788 000	456 000	0
Impairment	0	0	0	0
Expenditure	42 044 000	41 002 000	25 778 000	49 409 000
Operating Profit	11 035 000	6 713 000	4 225 000	6 601 000
Financial Income	11 000	42 000	22 000	3 000
Financial Costs	27 000	480 000	696 000	1 683 000
Financial Balance	−16 000	−438 000	−674 000	−1 680 000
Dividends	16 000 000	0	0	0
Net Income	8 570 000	4 895 000	2 768 000	3 878 000

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	1 925 000	2 717 000	3 456 000	0
Total Tangible Assets	1 925 000	2 717 000	3 456 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 925 000	2 717 000	3 456 000	0
Stock	8 399 000	23 670 000	33 577 000	13 670 000
Total Investments	0	0	0	0
Cash, Bank	14 881 000	4 423 000	1 139 000	13 246 000
Total Current Assets	26 106 000	28 108 000	34 730 000	28 981 000
Total Assets	28 031 000	30 824 000	38 186 000	28 981 000
Total Equity	7 927 000	15 357 000	10 463 000	7 695 000
Short-Term Group Debt	0	8 001 000	1 460 000	396 000
Total Long-Term Debt	0	2 552 000	22 260 000	12 700 000
Creditors	1 036 000	2 953 000	2 815 000	6 973 000
Unpaid Taxes	298 000	267 000	98 000	17 000
Dividends	16 000 000	0	0	0
Other Current Debt	281 000	280 000	380 000	159 000
Total Current Debt	20 103 000	12 915 000	5 463 000	8 586 000
Total Equity and Debt	28 031 000	30 824 000	38 186 000	28 981 000

Financial indicators	2022	2021	2020	2019
Return on Equity	108,11 %	31,87 %	26,46 %	50,4 %
Debt-to-Equity Ratio	0	0,17	2,13	1,65
Operating Profit Margin	20,79 %	14,07 %	14,08 %	11,79 %
Current Ratio	1,3	2,18	6,36	3,38
Quick Ratio	2,23	−2,61	−1,24	−5,7
Equity Ratio	0,28	0,5	0,27	0,27
Gross Profit Margin	30,34 %	24,96 %	28,63 %	16,07 %