FRØKEN LUNDS VERKSTED AS

6509 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

−30 %

Current Ratio

1,03

Debt-to-Equity Ratio

1,98

Key figures (NOK)	2021	2020	2019	2018
Revenue	806 000	666 000	562 000	179 000
Net Income	−15 000	−11 000	12 000	40 000
Total Assets	278 000	241 000	199 000	111 000
Total Equity	50 000	64 000	75 000	63 000

Income (NOK)	2021	2020	2019	2018
Revenue	806 000	666 000	562 000	179 000
Expenditure	824 000	670 000	546 000	129 000
Operating Profit	−18 000	−4 000	16 000	50 000
Financial Income	10 000	0	0	0
Financial Costs	10 000	10 000	0	0
Financial Balance	0	−10 000	0	0
Earnings Before Tax	−19 000	−14 000	16 000	50 000
Tax	−4 000	−3 000	4 000	10 000
Net Income	−15 000	−11 000	12 000	40 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	145 000	108 000	70 000	62 000
Total Current Assets	132 000	133 000	129 000	49 000
Total Assets	278 000	241 000	199 000	111 000
Total Retained Equity	27 000	42 000	52 000	40 000
Total Equity	50 000	64 000	75 000	63 000
Total Long-Term Debt	99 000	55 000	2 000	2 000
Total Current Debt	128 000	122 000	122 000	46 000
Total Equity and Debt	278 000	241 000	199 000	111 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	731 000	648 000	562 000	129 000
Other Income	75 000	18 000	0	50 000
Revenue	806 000	666 000	562 000	179 000
Cost of Goods Sold	215 000	183 000	207 000	40 000
Salary Costs	301 000	169 000	0	0
Depreciation	21 000	11 000	17 000	4 000
Impairment	0	0	0	0
Expenditure	824 000	670 000	546 000	129 000
Operating Profit	−18 000	−4 000	16 000	50 000
Financial Income	10 000	0	0	0
Financial Costs	10 000	10 000	0	0
Financial Balance	0	−10 000	0	0
Dividends	0	0	0	0
Net Income	−15 000	−11 000	12 000	40 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	6 000	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	70 000	62 000
Fixtures	140 000	107 000	0	0
Total Tangible Assets	140 000	107 000	70 000	62 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	145 000	108 000	70 000	62 000
Stock	108 000	108 000	104 000	0
Total Investments	0	0	0	0
Cash, Bank	24 000	25 000	19 000	32 000
Total Current Assets	132 000	133 000	129 000	49 000
Total Assets	278 000	241 000	199 000	111 000
Total Equity	50 000	64 000	75 000	63 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	99 000	55 000	2 000	2 000
Creditors	3 000	10 000	26 000	2 000
Unpaid Taxes	96 000	47 000	24 000	6 000
Dividends	0	0	0	0
Other Current Debt	30 000	66 000	69 000	30 000
Total Current Debt	128 000	122 000	122 000	46 000
Total Equity and Debt	278 000	241 000	199 000	111 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−30 %	−17,19 %	16 %	63,49 %
Debt-to-Equity Ratio	1,98	0,86	0,03	0,03
Operating Profit Margin	−2,23 %	−0,6 %	2,85 %	27,93 %
Current Ratio	1,03	1,09	1,06	1,07
Quick Ratio	6,6	9,5	7,17	1,07
Equity Ratio	0,18	0,27	0,38	0,57
Gross Profit Margin	73,33 %	72,52 %	63,17 %	77,65 %