FRØYA OLJE AS

7263 HAMARVIK

Finances

Share Ownership

Return on Equity

18,38 %

Current Ratio

0,88

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020
Revenue	2 349 000	2 708 000	3 470 000
Net Income	68 000	42 000	229 000
Total Assets	1 500 000	1 259 000	1 614 000
Total Equity	370 000	302 000	259 000

Income (NOK)	2022	2021	2020
Revenue	2 349 000	2 708 000	3 470 000
Expenditure	2 188 000	2 647 000	3 178 000
Operating Profit	161 000	61 000	293 000
Financial Income	1 000	0	1 000
Financial Costs	0	0	0
Financial Balance	1 000	0	1 000
Earnings Before Tax	162 000	60 000	294 000
Tax	94 000	18 000	65 000
Net Income	68 000	42 000	229 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	583 000	546 000	921 000
Total Current Assets	917 000	713 000	694 000
Total Assets	1 500 000	1 259 000	1 614 000
Total Retained Equity	340 000	272 000	229 000
Total Equity	370 000	302 000	259 000
Total Long-Term Debt	87 000	62 000	60 000
Total Current Debt	1 043 000	896 000	1 295 000
Total Equity and Debt	1 500 000	1 259 000	1 614 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 337 000	2 687 000	3 470 000
Other Income	12 000	21 000	0
Revenue	2 349 000	2 708 000	3 470 000
Cost of Goods Sold	1 625 000	2 103 000	2 500 000
Salary Costs	0	0	0
Depreciation	120 000	95 000	163 000
Impairment	0	0	0
Expenditure	2 188 000	2 647 000	3 178 000
Operating Profit	161 000	61 000	293 000
Financial Income	1 000	0	1 000
Financial Costs	0	0	0
Financial Balance	1 000	0	1 000
Dividends	0	0	0
Net Income	68 000	42 000	229 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	583 000	180 000	224 000
Fixtures	0	366 000	696 000
Total Tangible Assets	583 000	546 000	921 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	583 000	546 000	921 000
Stock	360 000	135 000	212 000
Total Investments	0	0	0
Cash, Bank	443 000	139 000	270 000
Total Current Assets	917 000	713 000	694 000
Total Assets	1 500 000	1 259 000	1 614 000
Total Equity	370 000	302 000	259 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	87 000	62 000	60 000
Creditors	51 000	218 000	142 000
Unpaid Taxes	28 000	15 000	3 000
Dividends	0	0	0
Other Current Debt	890 000	651 000	1 146 000
Total Current Debt	1 043 000	896 000	1 295 000
Total Equity and Debt	1 500 000	1 259 000	1 614 000

Financial indicators	2022	2021	2020
Return on Equity	18,38 %	13,91 %	88,42 %
Debt-to-Equity Ratio	0,24	0,21	0,23
Operating Profit Margin	6,85 %	2,25 %	8,44 %
Current Ratio	0,88	0,8	0,54
Quick Ratio	1,34	0,94	0,64
Equity Ratio	0,25	0,24	0,16
Gross Profit Margin	30,82 %	22,34 %	27,95 %