FROLAND BUTIKKEIENDOM AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

75,55 %

Current Ratio

2,79

Debt-to-Equity Ratio

21,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 885 000	2 098 000	1 015 000	0
Net Income	692 000	1 017 000	402 000	−99 000
Total Assets	21 384 000	20 940 000	20 901 000	17 634 000
Total Equity	916 000	781 000	622 000	−75 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 885 000	2 098 000	1 015 000	0
Expenditure	460 000	451 000	286 000	7 000
Operating Profit	1 426 000	1 647 000	729 000	−7 000
Financial Income	0	0	2 000	1 000
Financial Costs	539 000	344 000	216 000	123 000
Financial Balance	−539 000	−344 000	−214 000	−122 000
Earnings Before Tax	887 000	1 303 000	516 000	−129 000
Tax	195 000	287 000	113 000	−30 000
Net Income	692 000	1 017 000	402 000	−99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 132 000	19 405 000	19 678 000	11 105 000
Total Current Assets	2 252 000	1 535 000	1 223 000	6 529 000
Total Assets	21 384 000	20 940 000	20 901 000	17 634 000
Total Retained Equity	597 000	462 000	303 000	−99 000
Total Equity	916 000	781 000	622 000	−75 000
Total Long-Term Debt	19 662 000	18 977 000	20 197 000	2 091 000
Total Current Debt	806 000	1 181 000	82 000	15 618 000
Total Equity and Debt	21 384 000	20 940 000	20 901 000	17 634 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 885 000	2 098 000	1 015 000	0
Other Income	0	0	0	0
Revenue	1 885 000	2 098 000	1 015 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	273 000	273 000	155 000	0
Impairment	0	0	0	0
Expenditure	460 000	451 000	286 000	7 000
Operating Profit	1 426 000	1 647 000	729 000	−7 000
Financial Income	0	0	2 000	1 000
Financial Costs	539 000	344 000	216 000	123 000
Financial Balance	−539 000	−344 000	−214 000	−122 000
Dividends	0	0	0	0
Net Income	692 000	1 017 000	402 000	−99 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	30 000
Real Eastate	19 132 000	19 405 000	19 678 000	11 075 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 132 000	19 405 000	19 678 000	11 075 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 132 000	19 405 000	19 678 000	11 105 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	522 000	862 000
Total Current Assets	2 252 000	1 535 000	1 223 000	6 529 000
Total Assets	21 384 000	20 940 000	20 901 000	17 634 000
Total Equity	916 000	781 000	622 000	−75 000
Short-Term Group Debt	790 000	1 174 000	73 000	0
Total Long-Term Debt	19 662 000	18 977 000	20 197 000	2 091 000
Creditors	7 000	0	1 000	1 254 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	8 000	8 000	0
Total Current Debt	806 000	1 181 000	82 000	15 618 000
Total Equity and Debt	21 384 000	20 940 000	20 901 000	17 634 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,55 %	130,22 %	64,63 %	132 %
Debt-to-Equity Ratio	21,47	24,3	32,47	−27,88
Operating Profit Margin	75,65 %	78,5 %	71,82 %	-
Current Ratio	2,79	1,3	14,91	0,42
Quick Ratio	2,79	1,3	14,91	0,42
Equity Ratio	0,04	0,04	0,03	−0
Gross Profit Margin	100 %	100 %	100 %	-