FRØYA VIND AS

7031 TRONDHEIM

Finances

Share Ownership

Return on Equity

39,41 %

Current Ratio

0,05

Debt-to-Equity Ratio

Key figures (EUR)	2022	2021	2020	2019
Revenue	8 868 000	5 028 000	237 000	0
Net Income	3 512 000	−1 024 000	−729 000	−259 000
Total Assets	54 524 000	56 913 000	54 176 000	17 997 000
Total Equity	8 912 000	5 400 000	6 423 000	7 152 000

Income (EUR)	2022	2021	2020	2019
Revenue	8 868 000	5 028 000	237 000	0
Expenditure	5 205 000	4 185 000	576 000	218 000
Operating Profit	3 663 000	843 000	−339 000	−218 000
Financial Income	218 000	0	0	0
Financial Costs	0	1 515 000	522 000	97 000
Financial Balance	218 000	−1 515 000	−522 000	−97 000
Earnings Before Tax	3 881 000	−672 000	−861 000	−315 000
Tax	369 000	352 000	−132 000	−56 000
Net Income	3 512 000	−1 024 000	−729 000	−259 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	52 361 000	56 731 000	54 176 000	17 094 000
Total Current Assets	2 163 000	182 000	0	903 000
Total Assets	54 524 000	56 913 000	54 176 000	17 997 000
Total Retained Equity	1 323 000	−2 189 000	−1 166 000	−437 000
Total Equity	8 912 000	5 400 000	6 423 000	7 152 000
Total Long-Term Debt	22 000	0	0	0
Total Current Debt	45 590 000	51 513 000	47 753 000	10 846 000
Total Equity and Debt	54 524 000	56 913 000	54 176 000	17 998 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	6 561 000	5 028 000	177 000	0
Other Income	2 307 000	0	60 000	0
Revenue	8 868 000	5 028 000	237 000	0
Cost of Goods Sold	904 000	784 000	59 000	0
Salary Costs	0	0	0	0
Depreciation	2 285 000	2 345 000	0	0
Impairment	0	0	0	0
Expenditure	5 205 000	4 185 000	576 000	218 000
Operating Profit	3 663 000	843 000	−339 000	−218 000
Financial Income	218 000	0	0	0
Financial Costs	0	1 515 000	522 000	97 000
Financial Balance	218 000	−1 515 000	−522 000	−97 000
Dividends	0	0	0	0
Net Income	3 512 000	−1 024 000	−729 000	−259 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	347 000	699 000	567 000
Real Eastate	3 824 000	3 990 000	0	0
Machinery and Plant Facilities	48 532 000	52 388 000	52 014 000	16 527 000
Fixtures	5 000	6 000	0	0
Total Tangible Assets	52 361 000	56 384 000	52 014 000	16 527 000
Total Fiancial Fixed Assets	0	0	1 463 000	0
Total Fixed Assets	52 361 000	56 731 000	54 176 000	17 094 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	2 163 000	182 000	0	903 000
Total Assets	54 524 000	56 913 000	54 176 000	17 997 000
Total Equity	8 912 000	5 400 000	6 423 000	7 152 000
Short-Term Group Debt	43 406 000	43 031 000	0	0
Total Long-Term Debt	22 000	0	0	0
Creditors	496 000	4 449 000	6 438 000	838 000
Unpaid Taxes	719 000	41 000	0	0
Dividends	0	0	0	0
Other Current Debt	969 000	3 992 000	41 315 000	10 008 000
Total Current Debt	45 590 000	51 513 000	47 753 000	10 846 000
Total Equity and Debt	54 524 000	56 913 000	54 176 000	17 998 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,41 %	−18,96 %	−11,35 %	−3,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	41,31 %	16,77 %	−143,04 %	-
Current Ratio	0,05	0	0	0,08
Quick Ratio	0,05	0	0	0,08
Equity Ratio	0,16	0,09	0,12	0,4
Gross Profit Margin	89,81 %	84,41 %	75,11 %	-