FRENGEN SLIP & MOTORVERKSTED AS

7110 FEVÅG

Finances

Share Ownership

Return on Equity

−268,97 %

Current Ratio

1,02

Debt-to-Equity Ratio

6,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	228 000	623 000	981 000	814 000
Net Income	−78 000	−41 000	−138 000	142 000
Total Assets	419 000	567 000	759 000	366 000
Total Equity	29 000	107 000	147 000	285 000

Income (NOK)	2022	2021	2020	2019
Revenue	228 000	623 000	981 000	814 000
Expenditure	217 000	505 000	1 331 000	660 000
Operating Profit	−28 000	−39 000	−155 000	154 000
Financial Income	1 000	0	0	0
Financial Costs	12 000	13 000	21 000	0
Financial Balance	−11 000	−13 000	−21 000	0
Earnings Before Tax	−39 000	−52 000	−176 000	154 000
Tax	38 000	−11 000	−39 000	12 000
Net Income	−78 000	−41 000	−138 000	142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	223 000	355 000	437 000	38 000
Total Current Assets	196 000	212 000	323 000	328 000
Total Assets	419 000	567 000	759 000	366 000
Total Retained Equity	−1 000	77 000	117 000	255 000
Total Equity	29 000	107 000	147 000	285 000
Total Long-Term Debt	198 000	294 000	388 000	1 000
Total Current Debt	192 000	166 000	224 000	80 000
Total Equity and Debt	419 000	567 000	759 000	366 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	228 000	623 000	962 000	814 000
Other Income	0	0	19 000	0
Revenue	228 000	623 000	981 000	814 000
Cost of Goods Sold	39 000	219 000	815 000	370 000
Salary Costs	0	41 000	127 000	40 000
Depreciation	94 000	94 000	67 000	6 000
Impairment	0	0	0	0
Expenditure	217 000	505 000	1 331 000	660 000
Operating Profit	−28 000	−39 000	−155 000	154 000
Financial Income	1 000	0	0	0
Financial Costs	12 000	13 000	21 000	0
Financial Balance	−11 000	−13 000	−21 000	0
Dividends	0	0	0	0
Net Income	−78 000	−41 000	−138 000	142 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	38 000	27 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	200 000	280 000	360 000	0
Fixtures	23 000	36 000	50 000	38 000
Total Tangible Assets	223 000	316 000	410 000	38 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	223 000	355 000	437 000	38 000
Stock	0	39 000	196 000	0
Total Investments	0	0	0	0
Cash, Bank	36 000	161 000	91 000	145 000
Total Current Assets	196 000	212 000	323 000	328 000
Total Assets	419 000	567 000	759 000	366 000
Total Equity	29 000	107 000	147 000	285 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	198 000	294 000	388 000	1 000
Creditors	8 000	5 000	32 000	0
Unpaid Taxes	27 000	0	1 000	40 000
Dividends	0	0	0	0
Other Current Debt	157 000	161 000	190 000	29 000
Total Current Debt	192 000	166 000	224 000	80 000
Total Equity and Debt	419 000	567 000	759 000	366 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−268,97 %	−38,32 %	−93,88 %	49,82 %
Debt-to-Equity Ratio	6,83	2,75	2,64	0
Operating Profit Margin	−12,28 %	−6,26 %	−15,8 %	18,92 %
Current Ratio	1,02	1,28	1,44	4,1
Quick Ratio	1,02	1,67	11,54	4,1
Equity Ratio	0,07	0,19	0,19	0,78
Gross Profit Margin	82,89 %	64,85 %	16,92 %	54,55 %