FRODE NORDGAARD AS

1798 AREMARK

Finances

Share Ownership

Return on Equity

−147,44 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	674 000	3 866 000	790 000	945 000
Net Income	−230 000	283 000	22 000	61 000
Total Assets	356 000	684 000	174 000	173 000
Total Equity	156 000	386 000	103 000	81 000

Income (NOK)	2022	2021	2020	2019
Revenue	674 000	3 866 000	790 000	945 000
Expenditure	911 000	3 461 000	763 000	867 000
Operating Profit	−238 000	405 000	27 000	78 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	0	44 000	0	2 000
Financial Balance	2 000	−42 000	1 000	−2 000
Earnings Before Tax	−235 000	363 000	28 000	76 000
Tax	−6 000	80 000	6 000	14 000
Net Income	−230 000	283 000	22 000	61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	133 000	147 000	44 000	25 000
Total Current Assets	223 000	537 000	130 000	149 000
Total Assets	356 000	684 000	174 000	173 000
Total Retained Equity	136 000	366 000	83 000	61 000
Total Equity	156 000	386 000	103 000	81 000
Total Long-Term Debt	0	6 000	1 000	0
Total Current Debt	200 000	292 000	70 000	92 000
Total Equity and Debt	356 000	684 000	174 000	173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	674 000	3 866 000	790 000	945 000
Other Income	0	0	0	0
Revenue	674 000	3 866 000	790 000	945 000
Cost of Goods Sold	241 000	2 677 000	298 000	340 000
Salary Costs	473 000	602 000	281 000	376 000
Depreciation	45 000	13 000	3 000	0
Impairment	0	0	0	0
Expenditure	911 000	3 461 000	763 000	867 000
Operating Profit	−238 000	405 000	27 000	78 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	0	44 000	0	2 000
Financial Balance	2 000	−42 000	1 000	−2 000
Dividends	0	0	0	0
Net Income	−230 000	283 000	22 000	61 000

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	133 000	147 000	30 000	0
Total Tangible Assets	133 000	147 000	30 000	0
Total Fiancial Fixed Assets	0	0	14 000	25 000
Total Fixed Assets	133 000	147 000	44 000	25 000
Stock	0	0	16 000	0
Total Investments	0	0	0	0
Cash, Bank	126 000	478 000	30 000	123 000
Total Current Assets	223 000	537 000	130 000	149 000
Total Assets	356 000	684 000	174 000	173 000
Total Equity	156 000	386 000	103 000	81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	6 000	1 000	0
Creditors	23 000	6 000	−2 000	4 000
Unpaid Taxes	78 000	188 000	41 000	39 000
Dividends	0	0	0	0
Other Current Debt	99 000	23 000	25 000	34 000
Total Current Debt	200 000	292 000	70 000	92 000
Total Equity and Debt	356 000	684 000	174 000	173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−147,44 %	73,32 %	21,36 %	75,31 %
Debt-to-Equity Ratio	0	0,02	0,01	0
Operating Profit Margin	−35,31 %	10,48 %	3,42 %	8,25 %
Current Ratio	1,12	1,84	1,86	1,62
Quick Ratio	1,12	1,84	2,41	1,62
Equity Ratio	0,44	0,56	0,59	0,47
Gross Profit Margin	64,24 %	30,76 %	62,28 %	64,02 %