FROD ENERGY AS

3060 SVELVIK

Finances

Share Ownership

Return on Equity

2 290,91 %

Current Ratio

1,05

Debt-to-Equity Ratio

2,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 915 000	1 915 000	546 000	169 000
Net Income	252 000	252 000	−14 000	−90 000
Total Assets	595 000	595 000	35 000	43 000
Total Equity	11 000	11 000	−74 000	−60 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 915 000	1 915 000	546 000	169 000
Expenditure	279 000	279 000	558 000	259 000
Operating Profit	323 000	323 000	−13 000	−90 000
Financial Income	1 000	1 000	−1 000	0
Financial Costs	2 000	2 000	0	0
Financial Balance	−1 000	−1 000	−1 000	0
Earnings Before Tax	323 000	323 000	−14 000	−90 000
Tax	71 000	71 000	0	0
Net Income	252 000	252 000	−14 000	−90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	7 000	9 000	15 000
Total Current Assets	588 000	588 000	27 000	29 000
Total Assets	595 000	595 000	35 000	43 000
Total Retained Equity	−19 000	−19 000	−104 000	−90 000
Total Equity	11 000	11 000	−74 000	−60 000
Total Long-Term Debt	24 000	24 000	77 000	78 000
Total Current Debt	560 000	560 000	32 000	26 000
Total Equity and Debt	595 000	595 000	35 000	43 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 915 000	1 915 000	496 000	169 000
Other Income	0	0	50 000	0
Revenue	1 915 000	1 915 000	546 000	169 000
Cost of Goods Sold	28 000	28 000	442 000	117 000
Salary Costs	2 000	2 000	0	0
Depreciation	2 000	2 000	6 000	4 000
Impairment	0	0	0	0
Expenditure	279 000	279 000	558 000	259 000
Operating Profit	323 000	323 000	−13 000	−90 000
Financial Income	1 000	1 000	−1 000	0
Financial Costs	2 000	2 000	0	0
Financial Balance	−1 000	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	252 000	252 000	−14 000	−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	7 000	7 000	9 000	15 000
Total Tangible Assets	7 000	7 000	9 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 000	7 000	9 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	28 000	27 000	29 000
Total Current Assets	588 000	588 000	27 000	29 000
Total Assets	595 000	595 000	35 000	43 000
Total Equity	11 000	11 000	−74 000	−60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 000	24 000	77 000	78 000
Creditors	343 000	343 000	6 000	29 000
Unpaid Taxes	5 000	5 000	26 000	−4 000
Dividends	0	0	0	0
Other Current Debt	212 000	212 000	0	0
Total Current Debt	560 000	560 000	32 000	26 000
Total Equity and Debt	595 000	595 000	35 000	43 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 290,91 %	2 290,91 %	18,92 %	150 %
Debt-to-Equity Ratio	2,18	2,18	−1,04	−1,3
Operating Profit Margin	16,87 %	16,87 %	−2,38 %	−53,25 %
Current Ratio	1,05	1,05	0,84	1,12
Quick Ratio	1,05	1,05	0,84	1,12
Equity Ratio	0,02	0,02	−2,11	−1,4
Gross Profit Margin	98,54 %	98,54 %	19,05 %	30,77 %