FRATELLIS AS

1706 SARPSBORG

Finances

Share Ownership

Return on Equity

35,99 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 157 000	3 413 000	1 948 000	0
Net Income	149 000	397 000	−120 000	0
Total Assets	1 240 000	903 000	373 000	50 000
Total Equity	414 000	302 000	−95 000	24 000

Income (NOK)	2022	2021	2020
Revenue	5 157 000	3 413 000	1 948 000
Expenditure	4 959 000	2 926 000	2 067 000
Operating Profit	197 000	487 000	−119 000
Financial Income	0	0	0
Financial Costs	2 000	9 000	1 000
Financial Balance	−2 000	−9 000	−1 000
Earnings Before Tax	195 000	478 000	−120 000
Tax	46 000	81 000	0
Net Income	149 000	397 000	−120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	45 000	103 000	0
Total Current Assets	1 182 000	858 000	270 000	50 000
Total Assets	1 240 000	903 000	373 000	50 000
Total Retained Equity	384 000	272 000	−125 000	0
Total Equity	414 000	302 000	−95 000	24 000
Total Long-Term Debt	0	92 000	0	0
Total Current Debt	826 000	509 000	469 000	26 000
Total Equity and Debt	1 240 000	903 000	373 000	50 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 157 000	3 413 000	1 948 000
Other Income	0	0	0
Revenue	5 157 000	3 413 000	1 948 000
Cost of Goods Sold	1 416 000	945 000	850 000
Salary Costs	2 541 000	1 243 000	699 000
Depreciation	39 000	28 000	14 000
Impairment	0	0	0
Expenditure	4 959 000	2 926 000	2 067 000
Operating Profit	197 000	487 000	−119 000
Financial Income	0	0	0
Financial Costs	2 000	9 000	1 000
Financial Balance	−2 000	−9 000	−1 000
Dividends	37 000	0	0
Net Income	149 000	397 000	−120 000

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	58 000	42 000	71 000	0
Total Tangible Assets	58 000	42 000	71 000	0
Total Fiancial Fixed Assets	0	3 000	32 000	0
Total Fixed Assets	58 000	45 000	103 000	0
Stock	71 000	42 000	19 000	0
Total Investments	0	0	0	0
Cash, Bank	1 029 000	753 000	194 000	50 000
Total Current Assets	1 182 000	858 000	270 000	50 000
Total Assets	1 240 000	903 000	373 000	50 000
Total Equity	414 000	302 000	−95 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	92 000	0	0
Creditors	173 000	100 000	142 000	0
Unpaid Taxes	266 000	176 000	263 000	0
Dividends	37 000	0	0	0
Other Current Debt	341 000	151 000	64 000	26 000
Total Current Debt	826 000	509 000	469 000	26 000
Total Equity and Debt	1 240 000	903 000	373 000	50 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,99 %	131,46 %	126,32 %	0 %
Debt-to-Equity Ratio	0	0,3	−0	0
Operating Profit Margin	3,82 %	14,27 %	−6,11 %	-
Current Ratio	1,43	1,69	0,58	1,92
Quick Ratio	1,57	1,84	0,6	1,92
Equity Ratio	0,33	0,33	−0,25	0,48
Gross Profit Margin	72,54 %	72,31 %	56,37 %	-