FROST DEVELOPMENT AS

3077 SANDE I VESTFOLD

Finances

Share Ownership

Return on Equity

143,69 %

Current Ratio

2,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	373 000	441 000	592 000	704 000
Net Income	148 000	−170 000	−3 000	4 000
Total Assets	180 000	385 000	543 000	389 000
Total Equity	103 000	−45 000	124 000	127 000

Income (NOK)	2022	2021	2020	2019
Revenue	373 000	441 000	592 000	704 000
Expenditure	204 000	642 000	595 000	699 000
Operating Profit	169 000	−201 000	−3 000	5 000
Financial Income	0	4 000	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	4 000	0	1 000
Earnings Before Tax	169 000	−197 000	−3 000	6 000
Tax	21 000	−28 000	0	2 000
Net Income	148 000	−170 000	−3 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	28 000	0	0
Total Current Assets	173 000	357 000	543 000	389 000
Total Assets	180 000	385 000	543 000	389 000
Total Retained Equity	73 000	−75 000	94 000	97 000
Total Equity	103 000	−45 000	124 000	127 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	77 000	430 000	419 000	262 000
Total Equity and Debt	180 000	385 000	543 000	389 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	373 000	441 000	592 000	704 000
Other Income	0	0	0	0
Revenue	373 000	441 000	592 000	704 000
Cost of Goods Sold	87 000	109 000	0	0
Salary Costs	0	0	22 000	23 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	204 000	642 000	595 000	699 000
Operating Profit	169 000	−201 000	−3 000	5 000
Financial Income	0	4 000	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	4 000	0	1 000
Dividends	0	0	0	0
Net Income	148 000	−170 000	−3 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	28 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 000	28 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	117 000	195 000	245 000	205 000
Total Current Assets	173 000	357 000	543 000	389 000
Total Assets	180 000	385 000	543 000	389 000
Total Equity	103 000	−45 000	124 000	127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	77 000	225 000	147 000	38 000
Unpaid Taxes	0	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	0	205 000	271 000	222 000
Total Current Debt	77 000	430 000	419 000	262 000
Total Equity and Debt	180 000	385 000	543 000	389 000

Financial indicators	2022	2021	2020	2019
Return on Equity	143,69 %	377,78 %	−2,42 %	3,15 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	45,31 %	−45,58 %	−0,51 %	0,71 %
Current Ratio	2,25	0,83	1,3	1,48
Quick Ratio	2,25	0,83	1,3	1,48
Equity Ratio	0,57	−0,12	0,23	0,33
Gross Profit Margin	76,68 %	75,28 %	100 %	100 %