FR SERVICE AS

3060 SVELVIK

Finances

Share Ownership

Return on Equity

−5,22 %

Current Ratio

1,39

Debt-to-Equity Ratio

1,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 990 000	2 256 000	1 412 000	1 465 000
Net Income	−14 000	70 000	92 000	90 000
Total Assets	1 186 000	1 015 000	903 000	354 000
Total Equity	268 000	282 000	212 000	120 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 990 000	2 256 000	1 412 000	1 465 000
Expenditure	1 991 000	2 149 000	1 285 000	1 351 000
Operating Profit	−2 000	107 000	126 000	115 000
Financial Income	2 000	0	0	0
Financial Costs	17 000	17 000	7 000	0
Financial Balance	−15 000	−17 000	−7 000	0
Earnings Before Tax	−17 000	89 000	119 000	115 000
Tax	−4 000	20 000	26 000	25 000
Net Income	−14 000	70 000	92 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	624 000	470 000	470 000	10 000
Total Current Assets	562 000	546 000	433 000	344 000
Total Assets	1 186 000	1 015 000	903 000	354 000
Total Retained Equity	238 000	252 000	182 000	90 000
Total Equity	268 000	282 000	212 000	120 000
Total Long-Term Debt	515 000	339 000	404 000	2 000
Total Current Debt	403 000	394 000	287 000	232 000
Total Equity and Debt	1 186 000	1 015 000	903 000	354 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 990 000	2 250 000	1 412 000	1 465 000
Other Income	0	6 000	0	0
Revenue	1 990 000	2 256 000	1 412 000	1 465 000
Cost of Goods Sold	47 000	269 000	124 000	213 000
Salary Costs	750 000	885 000	466 000	549 000
Depreciation	130 000	111 000	18 000	4 000
Impairment	0	0	0	0
Expenditure	1 991 000	2 149 000	1 285 000	1 351 000
Operating Profit	−2 000	107 000	126 000	115 000
Financial Income	2 000	0	0	0
Financial Costs	17 000	17 000	7 000	0
Financial Balance	−15 000	−17 000	−7 000	0
Dividends	0	0	0	0
Net Income	−14 000	70 000	92 000	90 000

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	624 000	470 000	470 000	10 000
Total Tangible Assets	624 000	470 000	470 000	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	624 000	470 000	470 000	10 000
Stock	0	0	68 000	61 000
Total Investments	0	0	0	0
Cash, Bank	244 000	328 000	277 000	204 000
Total Current Assets	562 000	546 000	433 000	344 000
Total Assets	1 186 000	1 015 000	903 000	354 000
Total Equity	268 000	282 000	212 000	120 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	515 000	339 000	404 000	2 000
Creditors	136 000	108 000	86 000	72 000
Unpaid Taxes	102 000	146 000	101 000	78 000
Dividends	0	0	0	0
Other Current Debt	164 000	121 000	94 000	59 000
Total Current Debt	403 000	394 000	287 000	232 000
Total Equity and Debt	1 186 000	1 015 000	903 000	354 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,22 %	24,82 %	43,4 %	75 %
Debt-to-Equity Ratio	1,92	1,2	1,91	0,02
Operating Profit Margin	−0,1 %	4,74 %	8,92 %	7,85 %
Current Ratio	1,39	1,39	1,51	1,48
Quick Ratio	1,39	1,39	1,98	2,01
Equity Ratio	0,23	0,28	0,23	0,34
Gross Profit Margin	97,64 %	88,08 %	91,22 %	85,46 %