FRODE ØYGARDEN AS

3770 KRAGERØ

Finances

Share Ownership

Return on Equity

4,14 %

Current Ratio

0,84

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	301 000	699 000	652 000	386 000
Net Income	53 000	236 000	135 000	103 000
Total Assets	2 109 000	2 155 000	2 104 000	1 757 000
Total Equity	1 281 000	1 228 000	992 000	857 000

Income (NOK)	2022	2021	2020	2019
Revenue	301 000	699 000	652 000	386 000
Expenditure	206 000	374 000	452 000	255 000
Operating Profit	95 000	325 000	200 000	132 000
Financial Income	1 000	0	0	0
Financial Costs	28 000	25 000	30 000	16 000
Financial Balance	−27 000	−25 000	−30 000	−16 000
Earnings Before Tax	68 000	300 000	170 000	116 000
Tax	15 000	64 000	35 000	13 000
Net Income	53 000	236 000	135 000	103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 908 000	1 689 000	1 755 000	1 657 000
Total Current Assets	201 000	466 000	348 000	100 000
Total Assets	2 109 000	2 155 000	2 104 000	1 757 000
Total Retained Equity	681 000	628 000	392 000	257 000
Total Equity	1 281 000	1 228 000	992 000	857 000
Total Long-Term Debt	590 000	684 000	777 000	865 000
Total Current Debt	238 000	243 000	335 000	34 000
Total Equity and Debt	2 109 000	2 155 000	2 104 000	1 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	301 000	670 000	624 000	362 000
Other Income	0	30 000	28 000	25 000
Revenue	301 000	699 000	652 000	386 000
Cost of Goods Sold	11 000	97 000	296 000	64 000
Salary Costs	0	0	0	0
Depreciation	67 000	73 000	63 000	41 000
Impairment	0	0	0	0
Expenditure	206 000	374 000	452 000	255 000
Operating Profit	95 000	325 000	200 000	132 000
Financial Income	1 000	0	0	0
Financial Costs	28 000	25 000	30 000	16 000
Financial Balance	−27 000	−25 000	−30 000	−16 000
Dividends	0	0	0	0
Net Income	53 000	236 000	135 000	103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	9 000	3 000	2 000
Real Eastate	1 739 000	1 539 000	1 539 000	1 539 000
Machinery and Plant Facilities	153 000	139 000	213 000	116 000
Fixtures	0	0	0	0
Total Tangible Assets	1 892 000	1 678 000	1 751 000	1 655 000
Total Fiancial Fixed Assets	3 000	2 000	1 000	0
Total Fixed Assets	1 908 000	1 689 000	1 755 000	1 657 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	75 000	146 000	233 000	60 000
Total Current Assets	201 000	466 000	348 000	100 000
Total Assets	2 109 000	2 155 000	2 104 000	1 757 000
Total Equity	1 281 000	1 228 000	992 000	857 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	590 000	684 000	777 000	865 000
Creditors	220 000	160 000	147 000	16 000
Unpaid Taxes	0	11 000	20 000	4 000
Dividends	0	0	0	0
Other Current Debt	0	2 000	132 000	0
Total Current Debt	238 000	243 000	335 000	34 000
Total Equity and Debt	2 109 000	2 155 000	2 104 000	1 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,14 %	19,22 %	13,61 %	12,02 %
Debt-to-Equity Ratio	0,46	0,56	0,78	1,01
Operating Profit Margin	31,56 %	46,49 %	30,67 %	34,2 %
Current Ratio	0,84	1,92	1,04	2,94
Quick Ratio	0,84	1,92	1,04	2,94
Equity Ratio	0,61	0,57	0,47	0,49
Gross Profit Margin	96,35 %	86,12 %	54,6 %	83,42 %