FRØYA MEKANISKE AS

7263 HAMARVIK

Finances

Share Ownership

Return on Equity

91,47 %

Current Ratio

1,57

Debt-to-Equity Ratio

−5,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 296 000	907 000	640 000	562 000
Net Income	−118 000	−82 000	−121 000	144 000
Total Assets	982 000	912 000	946 000	898 000
Total Equity	−129 000	−12 000	70 000	191 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 296 000	907 000	640 000	562 000
Expenditure	1 392 000	958 000	771 000	373 000
Operating Profit	−96 000	−50 000	−132 000	188 000
Financial Income	7 000	8 000	0	0
Financial Costs	29 000	35 000	23 000	4 000
Financial Balance	−22 000	−27 000	−23 000	−4 000
Earnings Before Tax	−118 000	−77 000	−155 000	185 000
Tax	0	5 000	−34 000	41 000
Net Income	−118 000	−82 000	−121 000	144 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	433 000	619 000	690 000	621 000
Total Current Assets	549 000	293 000	256 000	277 000
Total Assets	982 000	912 000	946 000	898 000
Total Retained Equity	−159 000	−42 000	40 000	161 000
Total Equity	−129 000	−12 000	70 000	191 000
Total Long-Term Debt	761 000	769 000	776 000	594 000
Total Current Debt	350 000	154 000	99 000	113 000
Total Equity and Debt	982 000	912 000	946 000	898 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 296 000	907 000	640 000	562 000
Other Income	0	0	0	0
Revenue	1 296 000	907 000	640 000	562 000
Cost of Goods Sold	778 000	326 000	200 000	14 000
Salary Costs	0	0	0	1 000
Depreciation	207 000	231 000	194 000	67 000
Impairment	0	0	0	0
Expenditure	1 392 000	958 000	771 000	373 000
Operating Profit	−96 000	−50 000	−132 000	188 000
Financial Income	7 000	8 000	0	0
Financial Costs	29 000	35 000	23 000	4 000
Financial Balance	−22 000	−27 000	−23 000	−4 000
Dividends	0	0	0	0
Net Income	−118 000	−82 000	−121 000	144 000

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	172 000	237 000	320 000	127 000
Fixtures	261 000	381 000	370 000	494 000
Total Tangible Assets	433 000	619 000	690 000	621 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	433 000	619 000	690 000	621 000
Stock	154 000	243 000	165 000	172 000
Total Investments	0	0	0	0
Cash, Bank	88 000	41 000	29 000	94 000
Total Current Assets	549 000	293 000	256 000	277 000
Total Assets	982 000	912 000	946 000	898 000
Total Equity	−129 000	−12 000	70 000	191 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	761 000	769 000	776 000	594 000
Creditors	350 000	70 000	46 000	33 000
Unpaid Taxes	0	30 000	13 000	20 000
Dividends	0	0	0	0
Other Current Debt	0	40 000	40 000	40 000
Total Current Debt	350 000	154 000	99 000	113 000
Total Equity and Debt	982 000	912 000	946 000	898 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,47 %	683,33 %	−172,86 %	75,39 %
Debt-to-Equity Ratio	−5,9	−64,08	11,09	3,11
Operating Profit Margin	−7,41 %	−5,51 %	−20,63 %	33,45 %
Current Ratio	1,57	1,9	2,59	2,45
Quick Ratio	2,8	−3,29	−3,88	−4,69
Equity Ratio	−0,13	−0,01	0,07	0,21
Gross Profit Margin	39,97 %	64,06 %	68,75 %	97,51 %