FRODE SVARSTAD-ELVERHØY AS

3940 PORSGRUNN

Finances

Share Ownership

Return on Equity

15,78 %

Current Ratio

0,8

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 284 000	104 528 000	105 174 000	91 080 000
Net Income	504 000	1 118 000	1 194 000	697 000
Total Assets	15 608 000	13 131 000	11 148 000	9 477 000
Total Equity	3 194 000	2 791 000	1 673 000	1 449 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 284 000	104 528 000	105 174 000	91 080 000
Expenditure	99 737 000	103 109 000	103 661 000	90 276 000
Operating Profit	548 000	1 419 000	1 514 000	804 000
Financial Income	100 000	15 000	18 000	42 000
Financial Costs	1 000	0	0	1 000
Financial Balance	99 000	15 000	18 000	41 000
Earnings Before Tax	646 000	1 433 000	1 531 000	845 000
Tax	143 000	316 000	337 000	147 000
Net Income	504 000	1 118 000	1 194 000	697 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 802 000	1 169 000	1 565 000	1 531 000
Total Current Assets	9 806 000	11 962 000	9 583 000	7 946 000
Total Assets	15 608 000	13 131 000	11 148 000	9 477 000
Total Retained Equity	2 694 000	2 291 000	1 173 000	949 000
Total Equity	3 194 000	2 791 000	1 673 000	1 449 000
Total Long-Term Debt	133 000	5 000	34 000	35 000
Total Current Debt	12 280 000	10 336 000	9 440 000	7 993 000
Total Equity and Debt	15 608 000	13 131 000	11 148 000	9 477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	97 315 000	102 811 000	103 803 000	89 303 000
Other Income	2 969 000	1 717 000	1 371 000	1 777 000
Revenue	100 284 000	104 528 000	105 174 000	91 080 000
Cost of Goods Sold	83 328 000	86 941 000	87 659 000	76 327 000
Salary Costs	6 551 000	6 680 000	6 364 000	5 273 000
Depreciation	459 000	438 000	414 000	454 000
Impairment	0	0	0	0
Expenditure	99 737 000	103 109 000	103 661 000	90 276 000
Operating Profit	548 000	1 419 000	1 514 000	804 000
Financial Income	100 000	15 000	18 000	42 000
Financial Costs	1 000	0	0	1 000
Financial Balance	99 000	15 000	18 000	41 000
Dividends	0	0	0	0
Net Income	504 000	1 118 000	1 194 000	697 000

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	5 802 000	1 169 000	1 565 000	1 531 000
Total Tangible Assets	5 802 000	1 169 000	1 565 000	1 531 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 802 000	1 169 000	1 565 000	1 531 000
Stock	5 365 000	6 339 000	5 594 000	5 465 000
Total Investments	0	0	0	0
Cash, Bank	2 157 000	4 516 000	3 383 000	2 081 000
Total Current Assets	9 806 000	11 962 000	9 583 000	7 946 000
Total Assets	15 608 000	13 131 000	11 148 000	9 477 000
Total Equity	3 194 000	2 791 000	1 673 000	1 449 000
Short-Term Group Debt	114 000	0	1 245 000	1 551 000
Total Long-Term Debt	133 000	5 000	34 000	35 000
Creditors	10 103 000	7 839 000	5 924 000	4 652 000
Unpaid Taxes	308 000	341 000	415 000	376 000
Dividends	0	0	0	0
Other Current Debt	1 756 000	1 810 000	1 793 000	1 413 000
Total Current Debt	12 280 000	10 336 000	9 440 000	7 993 000
Total Equity and Debt	15 608 000	13 131 000	11 148 000	9 477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,78 %	40,06 %	71,37 %	48,1 %
Debt-to-Equity Ratio	0,04	0	0,02	0,02
Operating Profit Margin	0,55 %	1,36 %	1,44 %	0,88 %
Current Ratio	0,8	1,16	1,02	0,99
Quick Ratio	1,42	2,99	2,49	3,14
Equity Ratio	0,2	0,21	0,15	0,15
Gross Profit Margin	16,91 %	16,83 %	16,65 %	16,2 %