FRODIG HAGEDESIGN AS

5161 LAKSEVÅG

Finances

Share Ownership

Return on Equity

−9,68 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 600 000	2 873 000	2 034 000	1 285 000
Net Income	−43 000	29 000	328 000	91 000
Total Assets	1 166 000	1 150 000	965 000	434 000
Total Equity	444 000	487 000	458 000	131 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 600 000	2 873 000	2 034 000	1 285 000
Expenditure	3 653 000	2 831 000	1 606 000	1 159 000
Operating Profit	−53 000	43 000	429 000	127 000
Financial Income	2 000	1 000	1 000	−1 000
Financial Costs	4 000	7 000	9 000	8 000
Financial Balance	−2 000	−6 000	−8 000	−9 000
Earnings Before Tax	−55 000	37 000	420 000	118 000
Tax	−12 000	8 000	92 000	27 000
Net Income	−43 000	29 000	328 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 000	134 000	135 000	144 000
Total Current Assets	1 079 000	1 016 000	830 000	290 000
Total Assets	1 166 000	1 150 000	965 000	434 000
Total Retained Equity	412 000	455 000	426 000	99 000
Total Equity	444 000	487 000	458 000	131 000
Total Long-Term Debt	0	92 000	127 000	161 000
Total Current Debt	722 000	571 000	379 000	142 000
Total Equity and Debt	1 166 000	1 150 000	965 000	434 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 600 000	2 873 000	2 034 000	1 285 000
Other Income	0	0	0	0
Revenue	3 600 000	2 873 000	2 034 000	1 285 000
Cost of Goods Sold	575 000	727 000	305 000	278 000
Salary Costs	2 510 000	1 653 000	940 000	536 000
Depreciation	33 000	52 000	33 000	36 000
Impairment	0	0	0	0
Expenditure	3 653 000	2 831 000	1 606 000	1 159 000
Operating Profit	−53 000	43 000	429 000	127 000
Financial Income	2 000	1 000	1 000	−1 000
Financial Costs	4 000	7 000	9 000	8 000
Financial Balance	−2 000	−6 000	−8 000	−9 000
Dividends	0	0	0	0
Net Income	−43 000	29 000	328 000	91 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	3 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	72 000	131 000	134 000	144 000
Total Tangible Assets	72 000	131 000	134 000	144 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	88 000	134 000	135 000	144 000
Stock	47 000	23 000	14 000	0
Total Investments	0	0	0	0
Cash, Bank	829 000	632 000	634 000	191 000
Total Current Assets	1 079 000	1 016 000	830 000	290 000
Total Assets	1 166 000	1 150 000	965 000	434 000
Total Equity	444 000	487 000	458 000	131 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	92 000	127 000	161 000
Creditors	53 000	228 000	30 000	6 000
Unpaid Taxes	366 000	176 000	153 000	60 000
Dividends	0	0	0	0
Other Current Debt	303 000	157 000	103 000	49 000
Total Current Debt	722 000	571 000	379 000	142 000
Total Equity and Debt	1 166 000	1 150 000	965 000	434 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,68 %	5,95 %	71,62 %	69,47 %
Debt-to-Equity Ratio	0	0,19	0,28	1,23
Operating Profit Margin	−1,47 %	1,5 %	21,09 %	9,88 %
Current Ratio	1,49	1,78	2,19	2,04
Quick Ratio	1,6	1,85	2,27	2,04
Equity Ratio	0,38	0,42	0,47	0,3
Gross Profit Margin	84,03 %	74,7 %	85 %	78,37 %