FRØ NORDIC AS

0181 OSLO

Finances

Share Ownership

Return on Equity

2 263,33 %

Current Ratio

Debt-to-Equity Ratio

27,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 576 000	2 258 000	0	0
Net Income	679 000	351 000	−6 000	0
Total Assets	7 951 000	964 000	24 000	30 000
Total Equity	30 000	375 000	24 000	24 000

Income (NOK)	2022	2021	2020
Revenue	14 576 000	2 258 000	0
Expenditure	13 572 000	1 785 000	6 000
Operating Profit	1 003 000	473 000	−6 000
Financial Income	1 000	0	0
Financial Costs	131 000	24 000	0
Financial Balance	−130 000	−24 000	0
Earnings Before Tax	873 000	449 000	−6 000
Tax	194 000	98 000	0
Net Income	679 000	351 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	826 000	327 000	8 000	0
Total Current Assets	7 125 000	637 000	16 000	30 000
Total Assets	7 951 000	964 000	24 000	30 000
Total Retained Equity	0	345 000	−6 000	−6 000
Total Equity	30 000	375 000	24 000	24 000
Total Long-Term Debt	820 000	346 000	0	0
Total Current Debt	7 101 000	242 000	0	6 000
Total Equity and Debt	7 951 000	964 000	24 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	14 576 000	2 237 000	0
Other Income	0	20 000	0
Revenue	14 576 000	2 258 000	0
Cost of Goods Sold	10 630 000	911 000	0
Salary Costs	1 772 000	279 000	0
Depreciation	89 000	72 000	0
Impairment	0	0	0
Expenditure	13 572 000	1 785 000	6 000
Operating Profit	1 003 000	473 000	−6 000
Financial Income	1 000	0	0
Financial Costs	131 000	24 000	0
Financial Balance	−130 000	−24 000	0
Dividends	679 000	0	0
Net Income	679 000	351 000	−6 000

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	772 000	327 000	0	0
Total Tangible Assets	772 000	327 000	0	0
Total Fiancial Fixed Assets	54 000	0	8 000	0
Total Fixed Assets	826 000	327 000	8 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	368 000	4 000	16 000	30 000
Total Current Assets	7 125 000	637 000	16 000	30 000
Total Assets	7 951 000	964 000	24 000	30 000
Total Equity	30 000	375 000	24 000	24 000
Short-Term Group Debt	2 247 000	0	0	0
Total Long-Term Debt	820 000	346 000	0	0
Creditors	3 150 000	23 000	0	6 000
Unpaid Taxes	448 000	107 000	0	0
Dividends	679 000	0	0	0
Other Current Debt	406 000	26 000	0	0
Total Current Debt	7 101 000	242 000	0	6 000
Total Equity and Debt	7 951 000	964 000	24 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 263,33 %	93,6 %	−25 %	0 %
Debt-to-Equity Ratio	27,33	0,92	0	0
Operating Profit Margin	6,88 %	20,95 %	-	-
Current Ratio	1	2,63	-	5
Quick Ratio	1	2,63	-	5
Equity Ratio	0	0,39	1	0,8
Gross Profit Margin	27,07 %	59,65 %	-	-