FRU WIIK OLSEN AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

48,61 %

Current Ratio

1,43

Debt-to-Equity Ratio

1,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 871 000	2 395 000	2 158 000	2 152 000
Net Income	35 000	58 000	160 000	−33 000
Total Assets	432 000	375 000	331 000	230 000
Total Equity	72 000	37 000	−21 000	−181 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 871 000	2 395 000	2 158 000	2 152 000
Expenditure	2 826 000	2 320 000	1 954 000	2 195 000
Operating Profit	45 000	75 000	204 000	−43 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	45 000	75 000	204 000	−43 000
Tax	10 000	16 000	44 000	−9 000
Net Income	35 000	58 000	160 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 000	34 000	61 000	117 000
Total Current Assets	385 000	342 000	269 000	113 000
Total Assets	432 000	375 000	331 000	230 000
Total Retained Equity	42 000	7 000	−51 000	−211 000
Total Equity	72 000	37 000	−21 000	−181 000
Total Long-Term Debt	90 000	137 000	155 000	186 000
Total Current Debt	270 000	201 000	197 000	226 000
Total Equity and Debt	432 000	375 000	331 000	230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 871 000	2 395 000	2 153 000	2 152 000
Other Income	0	0	5 000	0
Revenue	2 871 000	2 395 000	2 158 000	2 152 000
Cost of Goods Sold	1 195 000	967 000	889 000	949 000
Salary Costs	1 130 000	922 000	699 000	836 000
Depreciation	14 000	12 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	2 826 000	2 320 000	1 954 000	2 195 000
Operating Profit	45 000	75 000	204 000	−43 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	35 000	58 000	160 000	−33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	16 000	60 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	47 000	34 000	45 000	57 000
Total Tangible Assets	47 000	34 000	45 000	57 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	47 000	34 000	61 000	117 000
Stock	20 000	18 000	11 000	10 000
Total Investments	0	0	0	0
Cash, Bank	305 000	263 000	190 000	66 000
Total Current Assets	385 000	342 000	269 000	113 000
Total Assets	432 000	375 000	331 000	230 000
Total Equity	72 000	37 000	−21 000	−181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	90 000	137 000	155 000	186 000
Creditors	75 000	50 000	68 000	71 000
Unpaid Taxes	74 000	61 000	43 000	50 000
Dividends	0	0	0	0
Other Current Debt	114 000	90 000	85 000	104 000
Total Current Debt	270 000	201 000	197 000	226 000
Total Equity and Debt	432 000	375 000	331 000	230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,61 %	156,76 %	−761,9 %	18,23 %
Debt-to-Equity Ratio	1,25	3,7	−7,38	−1,03
Operating Profit Margin	1,57 %	3,13 %	9,45 %	−2 %
Current Ratio	1,43	1,7	1,37	0,5
Quick Ratio	1,54	1,87	1,45	0,52
Equity Ratio	0,17	0,1	−0,06	−0,79
Gross Profit Margin	58,38 %	59,62 %	58,8 %	55,9 %