FROG OLSEN AS

7167 VALLERSUND

Finances

Share Ownership

Return on Equity

−0,96 %

Current Ratio

24,7

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 022 000	1 516 000	1 951 000	16 875 000
Net Income	−73 000	−183 000	−118 000	11 205 000
Total Assets	12 770 000	10 609 000	12 006 000	12 455 000
Total Equity	7 587 000	7 660 000	8 463 000	8 576 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 022 000	1 516 000	1 951 000	16 875 000
Expenditure	2 088 000	1 783 000	2 191 000	2 460 000
Operating Profit	−67 000	−268 000	−241 000	14 415 000
Financial Income	118 000	79 000	166 000	110 000
Financial Costs	146 000	46 000	72 000	155 000
Financial Balance	−28 000	33 000	94 000	−45 000
Earnings Before Tax	−94 000	−235 000	−147 000	14 370 000
Tax	−20 000	−52 000	−30 000	3 165 000
Net Income	−73 000	−183 000	−118 000	11 205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 397 000	2 031 000	1 851 000	629 000
Total Current Assets	8 373 000	8 578 000	10 155 000	11 826 000
Total Assets	12 770 000	10 609 000	12 006 000	12 455 000
Total Retained Equity	7 557 000	7 630 000	8 433 000	8 546 000
Total Equity	7 587 000	7 660 000	8 463 000	8 576 000
Total Long-Term Debt	4 844 000	2 398 000	3 073 000	3 852 000
Total Current Debt	339 000	551 000	470 000	26 000
Total Equity and Debt	12 770 000	10 609 000	12 006 000	12 455 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 041 000	1 535 000	1 970 000	2 782 000
Other Income	−19 000	−20 000	−19 000	14 093 000
Revenue	2 022 000	1 516 000	1 951 000	16 875 000
Cost of Goods Sold	230 000	236 000	298 000	579 000
Salary Costs	859 000	704 000	1 164 000	967 000
Depreciation	408 000	337 000	210 000	220 000
Impairment	0	0	0	0
Expenditure	2 088 000	1 783 000	2 191 000	2 460 000
Operating Profit	−67 000	−268 000	−241 000	14 415 000
Financial Income	118 000	79 000	166 000	110 000
Financial Costs	146 000	46 000	72 000	155 000
Financial Balance	−28 000	33 000	94 000	−45 000
Dividends	0	0	0	0
Net Income	−73 000	−183 000	−118 000	11 205 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 770 000	319 000	301 000	162 000
Machinery and Plant Facilities	453 000	498 000	619 000	0
Fixtures	435 000	359 000	375 000	300 000
Total Tangible Assets	4 397 000	2 031 000	1 851 000	629 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 397 000	2 031 000	1 851 000	629 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 818 000	8 502 000	10 027 000	11 808 000
Total Current Assets	8 373 000	8 578 000	10 155 000	11 826 000
Total Assets	12 770 000	10 609 000	12 006 000	12 455 000
Total Equity	7 587 000	7 660 000	8 463 000	8 576 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 844 000	2 398 000	3 073 000	3 852 000
Creditors	17 000	162 000	7 000	43 000
Unpaid Taxes	39 000	51 000	0	94 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	88 000
Total Current Debt	339 000	551 000	470 000	26 000
Total Equity and Debt	12 770 000	10 609 000	12 006 000	12 455 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,96 %	−2,39 %	−1,39 %	130,66 %
Debt-to-Equity Ratio	0,64	0,31	0,36	0,45
Operating Profit Margin	−3,31 %	−17,68 %	−12,35 %	85,42 %
Current Ratio	24,7	15,57	21,61	454,85
Quick Ratio	24,7	15,57	21,61	454,85
Equity Ratio	0,59	0,72	0,7	0,69
Gross Profit Margin	88,63 %	84,43 %	84,73 %	96,57 %