FROGNERVEIEN 44 AS

1473 LØRENSKOG

Finances

Share Ownership

Return on Equity

200,57 %

Current Ratio

0,87

Debt-to-Equity Ratio

14,64

Key figures (NOK)	2022	2021	2020
Revenue	4 096 000	3 609 000	3 785 000
Net Income	1 761 000	1 111 000	907 000
Total Assets	16 084 000	13 362 000	14 075 000
Total Equity	878 000	911 000	937 000

Income (NOK)	2022	2021	2020
Revenue	4 096 000	3 609 000	3 785 000
Expenditure	1 509 000	1 948 000	2 275 000
Operating Profit	2 586 000	1 660 000	1 510 000
Financial Income	1 000	0	0
Financial Costs	329 000	252 000	328 000
Financial Balance	−328 000	−252 000	−328 000
Earnings Before Tax	2 258 000	1 408 000	1 182 000
Tax	497 000	298 000	275 000
Net Income	1 761 000	1 111 000	907 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	14 051 000	12 928 000	12 097 000
Total Current Assets	2 033 000	435 000	1 978 000
Total Assets	16 084 000	13 362 000	14 075 000
Total Retained Equity	848 000	881 000	907 000
Total Equity	878 000	911 000	937 000
Total Long-Term Debt	12 856 000	10 071 000	0
Total Current Debt	2 350 000	2 380 000	13 138 000
Total Equity and Debt	16 084 000	13 362 000	14 075 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	3 547 000	3 785 000
Other Income	4 096 000	61 000	0
Revenue	4 096 000	3 609 000	3 785 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	102 000
Depreciation	27 000	27 000	29 000
Impairment	0	0	0
Expenditure	1 509 000	1 948 000	2 275 000
Operating Profit	2 586 000	1 660 000	1 510 000
Financial Income	1 000	0	0
Financial Costs	329 000	252 000	328 000
Financial Balance	−328 000	−252 000	−328 000
Dividends	0	0	0
Net Income	1 761 000	1 111 000	907 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	32 000	23 000	0
Real Eastate	13 975 000	12 835 000	12 000 000
Machinery and Plant Facilities	0	0	97 000
Fixtures	43 000	70 000	0
Total Tangible Assets	14 019 000	12 905 000	12 097 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	14 051 000	12 928 000	12 097 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 510 000	379 000	1 025 000
Total Current Assets	2 033 000	435 000	1 978 000
Total Assets	16 084 000	13 362 000	14 075 000
Total Equity	878 000	911 000	937 000
Short-Term Group Debt	2 301 000	0	0
Total Long-Term Debt	12 856 000	10 071 000	0
Creditors	25 000	871 000	127 000
Unpaid Taxes	0	0	−1 000
Dividends	0	0	0
Other Current Debt	24 000	1 509 000	12 738 000
Total Current Debt	2 350 000	2 380 000	13 138 000
Total Equity and Debt	16 084 000	13 362 000	14 075 000

Financial indicators	2022	2021	2020
Return on Equity	200,57 %	121,95 %	96,8 %
Debt-to-Equity Ratio	14,64	11,05	0
Operating Profit Margin	63,13 %	46 %	39,89 %
Current Ratio	0,87	0,18	0,15
Quick Ratio	0,87	0,18	0,15
Equity Ratio	0,05	0,07	0,07
Gross Profit Margin	100 %	100 %	100 %