MADE IN FREDRIKSTAD AS

1606 FREDRIKSTAD

Finances

Return on Equity

54,25 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 276 000	2 291 000	469 000	1 401 000
Net Income	83 000	151 000	134 000	−135 000
Total Assets	417 000	447 000	216 000	180 000
Total Equity	153 000	170 000	69 000	−29 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 276 000	2 291 000	469 000	1 401 000
Expenditure	2 170 000	2 093 000	328 000	1 511 000
Operating Profit	106 000	198 000	141 000	−110 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	7 000	25 000
Financial Balance	0	−2 000	−7 000	−25 000
Earnings Before Tax	106 000	196 000	134 000	−135 000
Tax	23 000	45 000	1 000	0
Net Income	83 000	151 000	134 000	−135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	120 000	105 000	21 000	21 000
Total Current Assets	298 000	343 000	194 000	159 000
Total Assets	417 000	447 000	216 000	180 000
Total Retained Equity	123 000	140 000	39 000	−59 000
Total Equity	153 000	170 000	69 000	−29 000
Total Long-Term Debt	0	3 000	1 000	0
Total Current Debt	265 000	274 000	145 000	209 000
Total Equity and Debt	417 000	447 000	216 000	180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 181 000	1 874 000	469 000	1 401 000
Other Income	95 000	417 000	0	0
Revenue	2 276 000	2 291 000	469 000	1 401 000
Cost of Goods Sold	1 221 000	1 186 000	18 000	559 000
Salary Costs	537 000	583 000	115 000	379 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 170 000	2 093 000	328 000	1 511 000
Operating Profit	106 000	198 000	141 000	−110 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	7 000	25 000
Financial Balance	0	−2 000	−7 000	−25 000
Dividends	100 000	50 000	35 000	0
Net Income	83 000	151 000	134 000	−135 000

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	120 000	105 000	21 000	21 000
Total Fixed Assets	120 000	105 000	21 000	21 000
Stock	0	0	5 000	5 000
Total Investments	0	0	0	0
Cash, Bank	209 000	233 000	130 000	88 000
Total Current Assets	298 000	343 000	194 000	159 000
Total Assets	417 000	447 000	216 000	180 000
Total Equity	153 000	170 000	69 000	−29 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	1 000	0
Creditors	17 000	6 000	32 000	108 000
Unpaid Taxes	66 000	65 000	32 000	42 000
Dividends	100 000	50 000	35 000	0
Other Current Debt	56 000	109 000	46 000	60 000
Total Current Debt	265 000	274 000	145 000	209 000
Total Equity and Debt	417 000	447 000	216 000	180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,25 %	88,82 %	194,2 %	465,52 %
Debt-to-Equity Ratio	0	0,02	0,01	−0
Operating Profit Margin	4,66 %	8,64 %	30,06 %	−7,85 %
Current Ratio	1,12	1,25	1,34	0,76
Quick Ratio	1,12	1,25	1,39	0,78
Equity Ratio	0,37	0,38	0,32	−0,16
Gross Profit Margin	46,35 %	48,23 %	96,16 %	60,1 %