FRODE ANDERSEN MAT AS

5094 BERGEN

Finances

Return on Equity

197,88 %

Current Ratio

0,82

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	155 958 000	159 635 000	165 715 000	135 134 000
Net Income	4 472 000	4 330 000	5 219 000	4 059 000
Total Assets	22 393 000	16 583 000	17 733 000	13 922 000
Total Equity	2 260 000	2 488 000	1 774 000	2 100 000

Income (NOK)	2022	2021	2020	2019
Revenue	155 958 000	159 635 000	165 715 000	135 134 000
Expenditure	150 367 000	154 134 000	159 107 000	130 104 000
Operating Profit	5 591 000	5 501 000	6 608 000	5 030 000
Financial Income	143 000	51 000	85 000	175 000
Financial Costs	0	0	0	0
Financial Balance	143 000	51 000	85 000	175 000
Earnings Before Tax	5 733 000	5 551 000	6 692 000	5 205 000
Tax	1 261 000	1 221 000	1 473 000	1 146 000
Net Income	4 472 000	4 330 000	5 219 000	4 059 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 968 000	2 053 000	1 226 000	1 237 000
Total Current Assets	16 425 000	14 530 000	16 507 000	12 685 000
Total Assets	22 393 000	16 583 000	17 733 000	13 922 000
Total Retained Equity	1 760 000	1 988 000	1 274 000	1 600 000
Total Equity	2 260 000	2 488 000	1 774 000	2 100 000
Total Long-Term Debt	94 000	18 000	7 000	10 000
Total Current Debt	20 038 000	14 076 000	15 952 000	11 811 000
Total Equity and Debt	22 393 000	16 583 000	17 733 000	13 922 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	152 196 000	156 758 000	163 109 000	131 961 000
Other Income	3 761 000	2 877 000	2 606 000	3 173 000
Revenue	155 958 000	159 635 000	165 715 000	135 134 000
Cost of Goods Sold	127 853 000	131 681 000	136 476 000	110 898 000
Salary Costs	8 610 000	8 548 000	8 354 000	7 178 000
Depreciation	404 000	62 000	45 000	41 000
Impairment	0	0	0	0
Expenditure	150 367 000	154 134 000	159 107 000	130 104 000
Operating Profit	5 591 000	5 501 000	6 608 000	5 030 000
Financial Income	143 000	51 000	85 000	175 000
Financial Costs	0	0	0	0
Financial Balance	143 000	51 000	85 000	175 000
Dividends	0	0	0	0
Net Income	4 472 000	4 330 000	5 219 000	4 059 000

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	3 438 000	523 000	214 000	225 000
Total Tangible Assets	3 438 000	523 000	214 000	225 000
Total Fiancial Fixed Assets	2 530 000	1 530 000	1 012 000	1 012 000
Total Fixed Assets	5 968 000	2 053 000	1 226 000	1 237 000
Stock	5 424 000	4 504 000	5 147 000	4 412 000
Total Investments	0	0	0	0
Cash, Bank	9 878 000	9 092 000	10 578 000	7 838 000
Total Current Assets	16 425 000	14 530 000	16 507 000	12 685 000
Total Assets	22 393 000	16 583 000	17 733 000	13 922 000
Total Equity	2 260 000	2 488 000	1 774 000	2 100 000
Short-Term Group Debt	5 885 000	4 635 000	7 022 000	5 860 000
Total Long-Term Debt	94 000	18 000	7 000	10 000
Creditors	11 337 000	6 318 000	5 991 000	3 548 000
Unpaid Taxes	683 000	877 000	966 000	833 000
Dividends	0	0	0	0
Other Current Debt	2 133 000	2 055 000	1 973 000	1 570 000
Total Current Debt	20 038 000	14 076 000	15 952 000	11 811 000
Total Equity and Debt	22 393 000	16 583 000	17 733 000	13 922 000

Financial indicators	2022	2021	2020	2019
Return on Equity	197,88 %	174,04 %	294,19 %	193,29 %
Debt-to-Equity Ratio	0,04	0,01	0	0
Operating Profit Margin	3,58 %	3,45 %	3,99 %	3,72 %
Current Ratio	0,82	1,03	1,03	1,07
Quick Ratio	1,12	1,52	1,53	1,71
Equity Ratio	0,1	0,15	0,1	0,15
Gross Profit Margin	18,02 %	17,51 %	17,64 %	17,93 %