FREMSTAD & ROKSETH AS

7080 HEIMDAL

Finances

Return on Equity

63,04 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 143 000	22 776 000	23 502 000	22 986 000
Net Income	2 378 000	2 615 000	2 072 000	2 155 000
Total Assets	13 606 000	11 176 000	9 699 000	11 996 000
Total Equity	3 772 000	2 894 000	3 278 000	3 428 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 143 000	22 776 000	23 502 000	22 986 000
Expenditure	21 100 000	19 417 000	20 883 000	20 271 000
Operating Profit	3 043 000	3 359 000	2 619 000	2 715 000
Financial Income	25 000	12 000	31 000	59 000
Financial Costs	12 000	9 000	3 000	11 000
Financial Balance	13 000	3 000	28 000	48 000
Earnings Before Tax	3 056 000	3 362 000	2 648 000	2 763 000
Tax	678 000	746 000	576 000	608 000
Net Income	2 378 000	2 615 000	2 072 000	2 155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 018 000	873 000	1 085 000	2 738 000
Total Current Assets	12 589 000	10 303 000	8 614 000	9 258 000
Total Assets	13 606 000	11 176 000	9 699 000	11 996 000
Total Retained Equity	3 245 000	2 367 000	2 752 000	2 778 000
Total Equity	3 772 000	2 894 000	3 278 000	3 428 000
Total Long-Term Debt	273 000	346 000	0	574 000
Total Current Debt	9 562 000	7 936 000	6 420 000	7 994 000
Total Equity and Debt	13 606 000	11 176 000	9 699 000	11 996 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 957 000	22 659 000	23 502 000	22 708 000
Other Income	186 000	117 000	0	278 000
Revenue	24 143 000	22 776 000	23 502 000	22 986 000
Cost of Goods Sold	7 371 000	6 936 000	8 522 000	7 109 000
Salary Costs	11 092 000	9 888 000	9 796 000	10 692 000
Depreciation	285 000	465 000	600 000	544 000
Impairment	0	0	0	0
Expenditure	21 100 000	19 417 000	20 883 000	20 271 000
Operating Profit	3 043 000	3 359 000	2 619 000	2 715 000
Financial Income	25 000	12 000	31 000	59 000
Financial Costs	12 000	9 000	3 000	11 000
Financial Balance	13 000	3 000	28 000	48 000
Dividends	1 500 000	1 500 000	0	936 000
Net Income	2 378 000	2 615 000	2 072 000	2 155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	96 000	141 000	129 000	0
Real Eastate	0	0	0	1 572 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	902 000	702 000	915 000	1 114 000
Total Tangible Assets	902 000	702 000	915 000	2 686 000
Total Fiancial Fixed Assets	19 000	30 000	41 000	52 000
Total Fixed Assets	1 018 000	873 000	1 085 000	2 738 000
Stock	836 000	830 000	811 000	829 000
Total Investments	0	0	0	0
Cash, Bank	7 996 000	7 008 000	5 877 000	5 752 000
Total Current Assets	12 589 000	10 303 000	8 614 000	9 258 000
Total Assets	13 606 000	11 176 000	9 699 000	11 996 000
Total Equity	3 772 000	2 894 000	3 278 000	3 428 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	273 000	346 000	0	574 000
Creditors	1 193 000	558 000	282 000	637 000
Unpaid Taxes	3 156 000	2 520 000	2 525 000	2 782 000
Dividends	1 500 000	1 500 000	0	936 000
Other Current Debt	3 080 000	2 601 000	2 985 000	3 033 000
Total Current Debt	9 562 000	7 936 000	6 420 000	7 994 000
Total Equity and Debt	13 606 000	11 176 000	9 699 000	11 996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,04 %	90,36 %	63,21 %	62,86 %
Debt-to-Equity Ratio	0,07	0,12	0	0,17
Operating Profit Margin	12,6 %	14,75 %	11,14 %	11,81 %
Current Ratio	1,32	1,3	1,34	1,16
Quick Ratio	1,44	1,45	1,54	1,29
Equity Ratio	0,28	0,26	0,34	0,29
Gross Profit Margin	69,47 %	69,55 %	63,74 %	69,07 %