FROLAND REGNSKAP AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

259,83 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 962 000	3 994 000	2 706 000	999 000
Net Income	912 000	688 000	370 000	162 000
Total Assets	2 051 000	1 550 000	945 000	409 000
Total Equity	351 000	139 000	50 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 962 000	3 994 000	2 706 000	999 000
Expenditure	3 792 000	3 111 000	2 231 000	792 000
Operating Profit	1 170 000	883 000	475 000	208 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	1 170 000	883 000	475 000	208 000
Tax	258 000	194 000	105 000	46 000
Net Income	912 000	688 000	370 000	162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 051 000	1 550 000	945 000	409 000
Total Assets	2 051 000	1 550 000	945 000	409 000
Total Retained Equity	321 000	109 000	20 000	0
Total Equity	351 000	139 000	50 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 700 000	1 411 000	895 000	379 000
Total Equity and Debt	2 051 000	1 550 000	945 000	409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 962 000	3 994 000	2 705 000	979 000
Other Income	0	1 000	1 000	20 000
Revenue	4 962 000	3 994 000	2 706 000	999 000
Cost of Goods Sold	285 000	155 000	79 000	29 000
Salary Costs	3 130 000	2 668 000	1 910 000	652 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 792 000	3 111 000	2 231 000	792 000
Operating Profit	1 170 000	883 000	475 000	208 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	0	0	0
Dividends	700 000	600 000	350 000	162 000
Net Income	912 000	688 000	370 000	162 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 323 000	1 038 000	548 000	257 000
Total Current Assets	2 051 000	1 550 000	945 000	409 000
Total Assets	2 051 000	1 550 000	945 000	409 000
Total Equity	351 000	139 000	50 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	71 000	29 000	19 000	8 000
Unpaid Taxes	348 000	317 000	223 000	97 000
Dividends	700 000	600 000	350 000	162 000
Other Current Debt	323 000	271 000	198 000	67 000
Total Current Debt	1 700 000	1 411 000	895 000	379 000
Total Equity and Debt	2 051 000	1 550 000	945 000	409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	259,83 %	494,96 %	740 %	540 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,58 %	22,11 %	17,55 %	20,82 %
Current Ratio	1,21	1,1	1,06	1,08
Quick Ratio	1,21	1,1	1,06	1,08
Equity Ratio	0,17	0,09	0,05	0,07
Gross Profit Margin	94,26 %	96,12 %	97,08 %	97,1 %