FRODE JOHANSEN AS

7167 VALLERSUND

Finances

Share Ownership

Return on Equity

46,26 %

Current Ratio

1,68

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 986 000	3 589 000	2 378 000	2 849 000
Net Income	859 000	656 000	−26 000	90 000
Total Assets	3 332 000	2 096 000	1 326 000	1 487 000
Total Equity	1 857 000	999 000	342 000	368 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 986 000	3 589 000	2 378 000	2 849 000
Expenditure	2 846 000	2 693 000	2 344 000	2 683 000
Operating Profit	1 140 000	896 000	34 000	166 000
Financial Income	1 000	20 000	3 000	2 000
Financial Costs	39 000	50 000	69 000	54 000
Financial Balance	−38 000	−30 000	−66 000	−52 000
Earnings Before Tax	1 102 000	866 000	−32 000	114 000
Tax	243 000	210 000	−6 000	24 000
Net Income	859 000	656 000	−26 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 408 000	853 000	888 000	1 061 000
Total Current Assets	1 924 000	1 244 000	438 000	426 000
Total Assets	3 332 000	2 096 000	1 326 000	1 487 000
Total Retained Equity	1 579 000	720 000	64 000	90 000
Total Equity	1 857 000	999 000	342 000	368 000
Total Long-Term Debt	328 000	557 000	782 000	988 000
Total Current Debt	1 147 000	540 000	202 000	131 000
Total Equity and Debt	3 332 000	2 096 000	1 326 000	1 487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 986 000	3 589 000	2 378 000	2 849 000
Other Income	0	0	0	0
Revenue	3 986 000	3 589 000	2 378 000	2 849 000
Cost of Goods Sold	341 000	522 000	304 000	349 000
Salary Costs	963 000	823 000	812 000	655 000
Depreciation	284 000	189 000	181 000	181 000
Impairment	0	0	0	0
Expenditure	2 846 000	2 693 000	2 344 000	2 683 000
Operating Profit	1 140 000	896 000	34 000	166 000
Financial Income	1 000	20 000	3 000	2 000
Financial Costs	39 000	50 000	69 000	54 000
Financial Balance	−38 000	−30 000	−66 000	−52 000
Dividends	0	0	0	0
Net Income	859 000	656 000	−26 000	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	627 000	801 000	809 000	967 000
Fixtures	781 000	47 000	70 000	94 000
Total Tangible Assets	1 408 000	848 000	880 000	1 061 000
Total Fiancial Fixed Assets	0	5 000	8 000	0
Total Fixed Assets	1 408 000	853 000	888 000	1 061 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 712 000	1 017 000	61 000	382 000
Total Current Assets	1 924 000	1 244 000	438 000	426 000
Total Assets	3 332 000	2 096 000	1 326 000	1 487 000
Total Equity	1 857 000	999 000	342 000	368 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	328 000	557 000	782 000	988 000
Creditors	113 000	174 000	78 000	38 000
Unpaid Taxes	335 000	86 000	44 000	21 000
Dividends	0	0	0	0
Other Current Debt	464 000	91 000	79 000	63 000
Total Current Debt	1 147 000	540 000	202 000	131 000
Total Equity and Debt	3 332 000	2 096 000	1 326 000	1 487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,26 %	65,67 %	−7,6 %	24,46 %
Debt-to-Equity Ratio	0,18	0,56	2,29	2,68
Operating Profit Margin	28,6 %	24,97 %	1,43 %	5,83 %
Current Ratio	1,68	2,3	2,17	3,25
Quick Ratio	1,68	2,3	2,17	3,25
Equity Ratio	0,56	0,48	0,26	0,25
Gross Profit Margin	91,45 %	85,46 %	87,22 %	87,75 %