FRODE M HOLDING AS

4380 HAUGE I DALANE

Finances

Return on Equity

23,23 %

Current Ratio

3,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	940 000	0	0	0
Net Income	1 118 000	2 918 000	−58 000	−48 000
Total Assets	5 453 000	4 006 000	3 602 000	2 283 000
Total Equity	4 813 000	4 006 000	1 748 000	432 000

Income (NOK)	2022	2021	2020	2019
Revenue	940 000	0	0	0
Expenditure	202 000	34 000	61 000	7 000
Operating Profit	738 000	−34 000	−61 000	−7 000
Financial Income	669 000	2 952 000	4 000	7 000
Financial Costs	0	0	0	48 000
Financial Balance	669 000	2 952 000	4 000	−41 000
Earnings Before Tax	1 407 000	2 918 000	−58 000	−48 000
Tax	289 000	0	0	0
Net Income	1 118 000	2 918 000	−58 000	−48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 518 000	3 508 000	3 448 000	1 080 000
Total Current Assets	1 935 000	498 000	154 000	1 203 000
Total Assets	5 453 000	4 006 000	3 602 000	2 283 000
Total Retained Equity	4 717 000	3 909 000	1 651 000	384 000
Total Equity	4 813 000	4 006 000	1 748 000	432 000
Total Long-Term Debt	0	0	1 851 000	1 851 000
Total Current Debt	640 000	0	3 000	0
Total Equity and Debt	5 453 000	4 006 000	3 602 000	2 283 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	940 000	0	0	0
Other Income	0	0	0	0
Revenue	940 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	153 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	202 000	34 000	61 000	7 000
Operating Profit	738 000	−34 000	−61 000	−7 000
Financial Income	669 000	2 952 000	4 000	7 000
Financial Costs	0	0	0	48 000
Financial Balance	669 000	2 952 000	4 000	−41 000
Dividends	0	0	0	0
Net Income	1 118 000	2 918 000	−58 000	−48 000

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	3 518 000	3 508 000	3 448 000	1 080 000
Total Fixed Assets	3 518 000	3 508 000	3 448 000	1 080 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 268 000	498 000	154 000	1 203 000
Total Current Assets	1 935 000	498 000	154 000	1 203 000
Total Assets	5 453 000	4 006 000	3 602 000	2 283 000
Total Equity	4 813 000	4 006 000	1 748 000	432 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 851 000	1 851 000
Creditors	0	0	3 000	0
Unpaid Taxes	290 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	60 000	0	0	0
Total Current Debt	640 000	0	3 000	0
Total Equity and Debt	5 453 000	4 006 000	3 602 000	2 283 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,23 %	72,84 %	−3,32 %	−11,11 %
Debt-to-Equity Ratio	0	0	1,06	4,28
Operating Profit Margin	78,51 %	-	-	-
Current Ratio	3,02	-	51,33	-
Quick Ratio	3,02	-	51,33	-
Equity Ratio	0,88	1	0,49	0,19
Gross Profit Margin	100 %	-	-	-