FROST SERVICE AS

7017 TRONDHEIM

Finances

Share Ownership

Return on Equity

89,77 %

Current Ratio

0,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 449 000	6 746 000	6 715 000	2 171 000
Net Income	2 185 000	1 964 000	1 888 000	628 000
Total Assets	5 152 000	4 609 000	4 772 000	3 462 000
Total Equity	2 434 000	1 748 000	4 239 000	2 351 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 449 000	6 746 000	6 715 000	2 171 000
Expenditure	6 204 000	4 270 000	4 309 000	1 384 000
Operating Profit	3 245 000	2 475 000	2 406 000	787 000
Financial Income	62 000	57 000	27 000	17 000
Financial Costs	505 000	14 000	12 000	4 000
Financial Balance	−443 000	43 000	15 000	13 000
Earnings Before Tax	2 802 000	2 518 000	2 421 000	800 000
Tax	616 000	554 000	533 000	172 000
Net Income	2 185 000	1 964 000	1 888 000	628 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 525 000	2 525 000	0	0
Total Current Assets	2 627 000	2 084 000	4 772 000	3 462 000
Total Assets	5 152 000	4 609 000	4 772 000	3 462 000
Total Retained Equity	694 000	8 000	2 516 000	628 000
Total Equity	2 434 000	1 748 000	4 239 000	2 351 000
Total Long-Term Debt	0	0	0	750 000
Total Current Debt	2 718 000	2 860 000	533 000	361 000
Total Equity and Debt	5 152 000	4 609 000	4 772 000	3 462 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 187 000	6 493 000	6 437 000	2 053 000
Other Income	262 000	252 000	278 000	118 000
Revenue	9 449 000	6 746 000	6 715 000	2 171 000
Cost of Goods Sold	5 885 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 204 000	4 270 000	4 309 000	1 384 000
Operating Profit	3 245 000	2 475 000	2 406 000	787 000
Financial Income	62 000	57 000	27 000	17 000
Financial Costs	505 000	14 000	12 000	4 000
Financial Balance	−443 000	43 000	15 000	13 000
Dividends	1 500 000	1 965 000	0	0
Net Income	2 185 000	1 964 000	1 888 000	628 000

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	2 525 000	2 525 000	0	0
Total Fixed Assets	2 525 000	2 525 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 307 000	1 405 000	2 080 000	167 000
Total Current Assets	2 627 000	2 084 000	4 772 000	3 462 000
Total Assets	5 152 000	4 609 000	4 772 000	3 462 000
Total Equity	2 434 000	1 748 000	4 239 000	2 351 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	750 000
Creditors	559 000	3 000	0	189 000
Unpaid Taxes	0	0	0	0
Dividends	1 500 000	1 965 000	0	0
Other Current Debt	43 000	339 000	0	0
Total Current Debt	2 718 000	2 860 000	533 000	361 000
Total Equity and Debt	5 152 000	4 609 000	4 772 000	3 462 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,77 %	112,36 %	44,54 %	26,71 %
Debt-to-Equity Ratio	0	0	0	0,32
Operating Profit Margin	34,34 %	36,69 %	35,83 %	36,25 %
Current Ratio	0,97	0,73	8,95	9,59
Quick Ratio	0,97	0,73	8,95	9,59
Equity Ratio	0,47	0,38	0,89	0,68
Gross Profit Margin	37,72 %	100 %	100 %	100 %