FRØYEN HANDEL AS

6729 KALVÅG

Finances

Share Ownership

Return on Equity

4,78 %

Current Ratio

5,05

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 573 000	1 839 000	1 796 000	1 282 000
Net Income	34 000	119 000	225 000	−129 000
Total Assets	1 428 000	1 509 000	1 504 000	1 391 000
Total Equity	712 000	679 000	559 000	334 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 573 000	1 839 000	1 796 000	1 282 000
Expenditure	1 513 000	1 677 000	1 553 000	1 391 000
Operating Profit	61 000	162 000	243 000	−109 000
Financial Income	0	0	0	2 000
Financial Costs	10 000	12 000	17 000	22 000
Financial Balance	−10 000	−12 000	−17 000	−20 000
Earnings Before Tax	51 000	150 000	225 000	−129 000
Tax	17 000	31 000	0	0
Net Income	34 000	119 000	225 000	−129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	106 000	167 000	229 000
Total Current Assets	1 394 000	1 403 000	1 337 000	1 162 000
Total Assets	1 428 000	1 509 000	1 504 000	1 391 000
Total Retained Equity	172 000	139 000	0	−206 000
Total Equity	712 000	679 000	559 000	334 000
Total Long-Term Debt	440 000	567 000	692 000	811 000
Total Current Debt	276 000	263 000	253 000	246 000
Total Equity and Debt	1 428 000	1 509 000	1 504 000	1 391 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 573 000	1 839 000	1 796 000	1 282 000
Other Income	0	0	0	0
Revenue	1 573 000	1 839 000	1 796 000	1 282 000
Cost of Goods Sold	1 068 000	1 239 000	1 234 000	883 000
Salary Costs	273 000	138 000	112 000	276 000
Depreciation	72 000	61 000	62 000	63 000
Impairment	0	0	0	0
Expenditure	1 513 000	1 677 000	1 553 000	1 391 000
Operating Profit	61 000	162 000	243 000	−109 000
Financial Income	0	0	0	2 000
Financial Costs	10 000	12 000	17 000	22 000
Financial Balance	−10 000	−12 000	−17 000	−20 000
Dividends	0	0	0	0
Net Income	34 000	119 000	225 000	−129 000

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	14 000	17 000	22 000
Total Tangible Assets	34 000	106 000	167 000	229 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 000	106 000	167 000	229 000
Stock	970 000	1 088 000	963 000	942 000
Total Investments	0	0	0	0
Cash, Bank	288 000	220 000	306 000	126 000
Total Current Assets	1 394 000	1 403 000	1 337 000	1 162 000
Total Assets	1 428 000	1 509 000	1 504 000	1 391 000
Total Equity	712 000	679 000	559 000	334 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	440 000	567 000	692 000	811 000
Creditors	93 000	207 000	194 000	193 000
Unpaid Taxes	153 000	12 000	47 000	26 000
Dividends	0	0	0	0
Other Current Debt	18 000	13 000	12 000	27 000
Total Current Debt	276 000	263 000	253 000	246 000
Total Equity and Debt	1 428 000	1 509 000	1 504 000	1 391 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,78 %	17,53 %	40,25 %	−38,62 %
Debt-to-Equity Ratio	0,62	0,84	1,24	2,43
Operating Profit Margin	3,88 %	8,81 %	13,53 %	−8,5 %
Current Ratio	5,05	5,33	5,28	4,72
Quick Ratio	−2,01	−1,7	−1,88	−1,67
Equity Ratio	0,5	0,45	0,37	0,24
Gross Profit Margin	32,1 %	32,63 %	31,29 %	31,12 %