MK FRØKNA AS

8264 ENGAN

Finances

Share Ownership

Return on Equity

20,19 %

Current Ratio

3,86

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 233 000	4 653 000	6 288 000	6 031 000
Net Income	1 280 000	690 000	1 183 000	978 000
Total Assets	9 191 000	8 793 000	8 985 000	7 694 000
Total Equity	6 341 000	6 661 000	5 971 000	4 788 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 233 000	4 653 000	6 288 000	6 031 000
Expenditure	6 547 000	3 723 000	4 705 000	4 697 000
Operating Profit	1 686 000	930 000	1 583 000	1 334 000
Financial Income	16 000	17 000	20 000	21 000
Financial Costs	62 000	62 000	87 000	103 000
Financial Balance	−46 000	−45 000	−67 000	−82 000
Earnings Before Tax	1 640 000	885 000	1 517 000	1 253 000
Tax	361 000	195 000	334 000	276 000
Net Income	1 280 000	690 000	1 183 000	978 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 046 000	3 290 000	3 363 000	3 658 000
Total Current Assets	6 145 000	5 502 000	5 622 000	4 035 000
Total Assets	9 191 000	8 793 000	8 985 000	7 694 000
Total Retained Equity	5 888 000	4 608 000	3 918 000	2 735 000
Total Equity	6 341 000	6 661 000	5 971 000	4 788 000
Total Long-Term Debt	1 258 000	1 502 000	1 749 000	1 996 000
Total Current Debt	1 593 000	629 000	1 265 000	909 000
Total Equity and Debt	9 191 000	8 793 000	8 985 000	7 694 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 233 000	4 653 000	6 288 000	6 031 000
Other Income	0	0	0	0
Revenue	8 233 000	4 653 000	6 288 000	6 031 000
Cost of Goods Sold	145 000	104 000	19 000	98 000
Salary Costs	4 553 000	2 315 000	3 344 000	3 233 000
Depreciation	244 000	299 000	296 000	262 000
Impairment	0	0	0	0
Expenditure	6 547 000	3 723 000	4 705 000	4 697 000
Operating Profit	1 686 000	930 000	1 583 000	1 334 000
Financial Income	16 000	17 000	20 000	21 000
Financial Costs	62 000	62 000	87 000	103 000
Financial Balance	−46 000	−45 000	−67 000	−82 000
Dividends	0	0	0	0
Net Income	1 280 000	690 000	1 183 000	978 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 922 000	1 978 000	2 034 000	2 090 000
Real Eastate	252 000	309 000	366 000	423 000
Machinery and Plant Facilities	322 000	367 000	165 000	187 000
Fixtures	431 000	502 000	647 000	792 000
Total Tangible Assets	1 124 000	1 312 000	1 328 000	1 568 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 046 000	3 290 000	3 363 000	3 658 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 145 000	5 502 000	5 622 000	4 035 000
Total Current Assets	6 145 000	5 502 000	5 622 000	4 035 000
Total Assets	9 191 000	8 793 000	8 985 000	7 694 000
Total Equity	6 341 000	6 661 000	5 971 000	4 788 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 258 000	1 502 000	1 749 000	1 996 000
Creditors	63 000	3 000	41 000	17 000
Unpaid Taxes	936 000	390 000	754 000	483 000
Dividends	0	0	0	0
Other Current Debt	234 000	40 000	134 000	150 000
Total Current Debt	1 593 000	629 000	1 265 000	909 000
Total Equity and Debt	9 191 000	8 793 000	8 985 000	7 694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,19 %	10,36 %	19,81 %	20,43 %
Debt-to-Equity Ratio	0,2	0,23	0,29	0,42
Operating Profit Margin	20,48 %	19,99 %	25,17 %	22,12 %
Current Ratio	3,86	8,75	4,44	4,44
Quick Ratio	3,86	8,75	4,44	4,44
Equity Ratio	0,69	0,76	0,66	0,62
Gross Profit Margin	98,24 %	97,76 %	99,7 %	98,38 %