FRIGOTEK STORKJØKKEN AS

1930 AURSKOG

Finances

Share Ownership

Return on Equity

58,4 %

Current Ratio

2,48

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020
Revenue	15 529 000	11 401 000	6 184 000
Net Income	1 783 000	824 000	416 000
Total Assets	9 757 000	6 471 000	4 029 000
Total Equity	3 053 000	1 270 000	446 000

Income (NOK)	2022	2021	2020
Revenue	15 529 000	11 401 000	6 184 000
Expenditure	13 148 000	10 215 000	5 602 000
Operating Profit	2 380 000	1 185 000	582 000
Financial Income	110 000	69 000	9 000
Financial Costs	274 000	106 000	57 000
Financial Balance	−164 000	−37 000	−48 000
Earnings Before Tax	2 216 000	1 148 000	534 000
Tax	433 000	324 000	117 000
Net Income	1 783 000	824 000	416 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	268 000	226 000	0
Total Current Assets	9 489 000	6 246 000	4 029 000
Total Assets	9 757 000	6 471 000	4 029 000
Total Retained Equity	3 023 000	1 240 000	416 000
Total Equity	3 053 000	1 270 000	446 000
Total Long-Term Debt	2 881 000	1 209 000	731 000
Total Current Debt	3 823 000	3 992 000	2 852 000
Total Equity and Debt	9 757 000	6 471 000	4 029 000

Cash flow (NOK)	2022	2021	2020
Sales Income	15 444 000	11 353 000	6 184 000
Other Income	85 000	47 000	0
Revenue	15 529 000	11 401 000	6 184 000
Cost of Goods Sold	11 020 000	8 407 000	5 047 000
Salary Costs	973 000	670 000	79 000
Depreciation	72 000	64 000	0
Impairment	0	0	0
Expenditure	13 148 000	10 215 000	5 602 000
Operating Profit	2 380 000	1 185 000	582 000
Financial Income	110 000	69 000	9 000
Financial Costs	274 000	106 000	57 000
Financial Balance	−164 000	−37 000	−48 000
Dividends	0	0	0
Net Income	1 783 000	824 000	416 000

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	0	0	0
Fixtures	268 000	226 000	0
Total Tangible Assets	268 000	226 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	268 000	226 000	0
Stock	8 215 000	4 695 000	3 540 000
Total Investments	0	0	0
Cash, Bank	63 000	246 000	72 000
Total Current Assets	9 489 000	6 246 000	4 029 000
Total Assets	9 757 000	6 471 000	4 029 000
Total Equity	3 053 000	1 270 000	446 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 881 000	1 209 000	731 000
Creditors	2 107 000	2 496 000	1 893 000
Unpaid Taxes	554 000	94 000	19 000
Dividends	0	0	0
Other Current Debt	728 000	1 065 000	819 000
Total Current Debt	3 823 000	3 992 000	2 852 000
Total Equity and Debt	9 757 000	6 471 000	4 029 000

Financial indicators	2022	2021	2020
Return on Equity	58,4 %	64,88 %	93,27 %
Debt-to-Equity Ratio	0,94	0,95	1,64
Operating Profit Margin	15,33 %	10,39 %	9,41 %
Current Ratio	2,48	1,56	1,41
Quick Ratio	−2,16	−8,88	−5,86
Equity Ratio	0,31	0,2	0,11
Gross Profit Margin	29,04 %	26,26 %	18,39 %