FRO AS

8006 BODØ

Finances

Share Ownership

Return on Equity

32,17 %

Current Ratio

10,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	409 000	333 000	306 000	157 000
Net Income	157 000	172 000	122 000	21 000
Total Assets	542 000	390 000	206 000	81 000
Total Equity	488 000	331 000	159 000	37 000

Income (NOK)	2022	2021	2020	2019
Revenue	409 000	333 000	306 000	157 000
Expenditure	168 000	136 000	153 000	130 000
Operating Profit	240 000	198 000	152 000	27 000
Financial Income	2 000	24 000	1 000	0
Financial Costs	48 000	2 000	0	0
Financial Balance	−46 000	22 000	1 000	0
Earnings Before Tax	194 000	220 000	153 000	27 000
Tax	37 000	48 000	31 000	6 000
Net Income	157 000	172 000	122 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	5 000	12 000	24 000
Total Current Assets	541 000	385 000	194 000	58 000
Total Assets	542 000	390 000	206 000	81 000
Total Retained Equity	458 000	301 000	129 000	7 000
Total Equity	488 000	331 000	159 000	37 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	54 000	60 000	47 000	44 000
Total Equity and Debt	542 000	390 000	206 000	81 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	409 000	333 000	306 000	157 000
Other Income	0	0	0	0
Revenue	409 000	333 000	306 000	157 000
Cost of Goods Sold	2 000	11 000	4 000	22 000
Salary Costs	11 000	10 000	0	3 000
Depreciation	4 000	7 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	168 000	136 000	153 000	130 000
Operating Profit	240 000	198 000	152 000	27 000
Financial Income	2 000	24 000	1 000	0
Financial Costs	48 000	2 000	0	0
Financial Balance	−46 000	22 000	1 000	0
Dividends	0	0	0	0
Net Income	157 000	172 000	122 000	21 000

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	1 000	5 000	12 000	24 000
Total Tangible Assets	1 000	5 000	12 000	24 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 000	5 000	12 000	24 000
Stock	0	0	0	0
Total Investments	501 000	328 000	0	0
Cash, Bank	37 000	57 000	194 000	47 000
Total Current Assets	541 000	385 000	194 000	58 000
Total Assets	542 000	390 000	206 000	81 000
Total Equity	488 000	331 000	159 000	37 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	2 000	9 000	2 000
Unpaid Taxes	3 000	2 000	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	5 000	4 000	36 000
Total Current Debt	54 000	60 000	47 000	44 000
Total Equity and Debt	542 000	390 000	206 000	81 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,17 %	51,96 %	76,73 %	56,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	58,68 %	59,46 %	49,67 %	17,2 %
Current Ratio	10,02	6,42	4,13	1,32
Quick Ratio	10,02	6,42	4,13	1,32
Equity Ratio	0,9	0,85	0,77	0,46
Gross Profit Margin	99,51 %	96,7 %	98,69 %	85,99 %