FRIGSTAD TRADING AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

51,19 %

Current Ratio

0,47

Debt-to-Equity Ratio

3,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	561 000	654 000	300 000	97 000
Net Income	43 000	214 000	−56 000	−148 000
Total Assets	572 000	346 000	284 000	94 000
Total Equity	84 000	41 000	−173 000	−118 000

Income (NOK)	2022	2021	2020	2019
Revenue	561 000	654 000	300 000	97 000
Expenditure	517 000	438 000	312 000	286 000
Operating Profit	44 000	217 000	−12 000	−190 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	1 000	1 000
Financial Balance	−2 000	−1 000	−1 000	−1 000
Earnings Before Tax	42 000	216 000	−12 000	−191 000
Tax	−2 000	2 000	43 000	−43 000
Net Income	43 000	214 000	−56 000	−148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	472 000	156 000	196 000	43 000
Total Current Assets	100 000	189 000	88 000	51 000
Total Assets	572 000	346 000	284 000	94 000
Total Retained Equity	54 000	11 000	−203 000	−148 000
Total Equity	84 000	41 000	−173 000	−118 000
Total Long-Term Debt	272 000	2 000	0	0
Total Current Debt	215 000	303 000	457 000	212 000
Total Equity and Debt	572 000	346 000	284 000	94 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	561 000	654 000	300 000	97 000
Other Income	0	0	0	0
Revenue	561 000	654 000	300 000	97 000
Cost of Goods Sold	149 000	134 000	110 000	261 000
Salary Costs	54 000	29 000	0	0
Depreciation	58 000	40 000	3 000	0
Impairment	0	0	0	0
Expenditure	517 000	438 000	312 000	286 000
Operating Profit	44 000	217 000	−12 000	−190 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	1 000	1 000
Financial Balance	−2 000	−1 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	43 000	214 000	−56 000	−148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	43 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	354 000	0	0	0
Fixtures	117 000	156 000	196 000	0
Total Tangible Assets	472 000	156 000	196 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	472 000	156 000	196 000	43 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	54 000	151 000	44 000	42 000
Total Current Assets	100 000	189 000	88 000	51 000
Total Assets	572 000	346 000	284 000	94 000
Total Equity	84 000	41 000	−173 000	−118 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	272 000	2 000	0	0
Creditors	0	0	−25 000	9 000
Unpaid Taxes	24 000	58 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	191 000	245 000	483 000	202 000
Total Current Debt	215 000	303 000	457 000	212 000
Total Equity and Debt	572 000	346 000	284 000	94 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,19 %	521,95 %	32,37 %	125,42 %
Debt-to-Equity Ratio	3,24	0,05	−0	−0
Operating Profit Margin	7,84 %	33,18 %	−4 %	−195,88 %
Current Ratio	0,47	0,62	0,19	0,24
Quick Ratio	0,47	0,62	0,19	0,24
Equity Ratio	0,15	0,12	−0,61	−1,26
Gross Profit Margin	73,44 %	79,51 %	63,33 %	−169,07 %