FRODE HUSBY AS

7316 LENSVIK

Finances

Return on Equity

40,22 %

Current Ratio

4,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	212 000	181 000	125 000	0
Net Income	111 000	92 000	60 000	−6 000
Total Assets	348 000	221 000	117 000	13 000
Total Equity	276 000	165 000	73 000	13 000

Income (NOK)	2022	2021	2020	2019
Revenue	212 000	181 000	125 000	0
Expenditure	69 000	63 000	53 000	3 000
Operating Profit	142 000	118 000	72 000	−3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	142 000	118 000	72 000	−3 000
Tax	31 000	26 000	12 000	3 000
Net Income	111 000	92 000	60 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	17 000	17 000	0
Total Current Assets	331 000	204 000	101 000	13 000
Total Assets	348 000	221 000	117 000	13 000
Total Retained Equity	246 000	135 000	43 000	−11 000
Total Equity	276 000	165 000	73 000	13 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	72 000	56 000	45 000	0
Total Equity and Debt	348 000	221 000	117 000	13 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	212 000	181 000	125 000	0
Other Income	0	0	0	0
Revenue	212 000	181 000	125 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	17 000	14 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	69 000	63 000	53 000	3 000
Operating Profit	142 000	118 000	72 000	−3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	111 000	92 000	60 000	−6 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	17 000	17 000	17 000	0
Total Fixed Assets	17 000	17 000	17 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	228 000	204 000	70 000	13 000
Total Current Assets	331 000	204 000	101 000	13 000
Total Assets	348 000	221 000	117 000	13 000
Total Equity	276 000	165 000	73 000	13 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	1 000	0	0
Unpaid Taxes	40 000	30 000	31 000	0
Dividends	0	0	0	0
Other Current Debt	−1 000	−1 000	2 000	0
Total Current Debt	72 000	56 000	45 000	0
Total Equity and Debt	348 000	221 000	117 000	13 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,22 %	55,76 %	82,19 %	−46,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	66,98 %	65,19 %	57,6 %	-
Current Ratio	4,6	3,64	2,24	-
Quick Ratio	4,6	3,64	2,24	-
Equity Ratio	0,79	0,75	0,62	1
Gross Profit Margin	100 %	100 %	100 %	-