FRID COSMETICS AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

260,84 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 171 000	732 000	157 000	167 000
Net Income	373 000	187 000	36 000	111 000
Total Assets	1 097 000	625 000	319 000	194 000
Total Equity	143 000	141 000	165 000	28 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 171 000	732 000	157 000	167 000
Expenditure	692 000	493 000	109 000	25 000
Operating Profit	479 000	239 000	48 000	143 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Earnings Before Tax	479 000	239 000	47 000	143 000
Tax	105 000	53 000	10 000	31 000
Net Income	373 000	187 000	36 000	111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	7 000	0	0
Total Current Assets	1 074 000	618 000	319 000	194 000
Total Assets	1 097 000	625 000	319 000	194 000
Total Retained Equity	13 000	11 000	35 000	11 000
Total Equity	143 000	141 000	165 000	28 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	953 000	484 000	154 000	166 000
Total Equity and Debt	1 097 000	625 000	319 000	194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 171 000	732 000	157 000	167 000
Other Income	0	0	0	0
Revenue	1 171 000	732 000	157 000	167 000
Cost of Goods Sold	381 000	254 000	54 000	8 000
Salary Costs	5 000	0	0	0
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	692 000	493 000	109 000	25 000
Operating Profit	479 000	239 000	48 000	143 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Dividends	0	0	0	100 000
Net Income	373 000	187 000	36 000	111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	7 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	0	0	0
Total Tangible Assets	17 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	7 000	0	0
Stock	378 000	328 000	167 000	0
Total Investments	0	0	0	0
Cash, Bank	582 000	127 000	52 000	133 000
Total Current Assets	1 074 000	618 000	319 000	194 000
Total Assets	1 097 000	625 000	319 000	194 000
Total Equity	143 000	141 000	165 000	28 000
Short-Term Group Debt	860 000	369 000	136 000	0
Total Long-Term Debt	0	0	0	0
Creditors	24 000	7 000	2 000	0
Unpaid Taxes	69 000	64 000	6 000	35 000
Dividends	0	0	0	100 000
Other Current Debt	0	43 000	0	0
Total Current Debt	953 000	484 000	154 000	166 000
Total Equity and Debt	1 097 000	625 000	319 000	194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	260,84 %	132,62 %	21,82 %	396,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,91 %	32,65 %	30,57 %	85,63 %
Current Ratio	1,13	1,28	2,07	1,17
Quick Ratio	1,87	3,96	−24,54	1,17
Equity Ratio	0,13	0,23	0,52	0,14
Gross Profit Margin	67,46 %	65,3 %	65,61 %	95,21 %