FRISVOLL VEIDRIFT AS

6470 ERESFJORD

Finances

Share Ownership

Return on Equity

38,39 %

Current Ratio

2,61

Debt-to-Equity Ratio

1,39

Key figures (NOK)	2022	2021	2020
Revenue	5 323 000	3 884 000	2 614 000
Net Income	1 143 000	932 000	802 000
Total Assets	7 992 000	4 435 000	3 547 000
Total Equity	2 977 000	1 835 000	902 000

Income (NOK)	2022	2021	2020
Revenue	5 323 000	3 884 000	2 614 000
Expenditure	3 743 000	2 598 000	1 536 000
Operating Profit	1 580 000	1 286 000	1 077 000
Financial Income	3 000	0	0
Financial Costs	118 000	91 000	47 000
Financial Balance	−115 000	−91 000	−47 000
Earnings Before Tax	1 465 000	1 195 000	1 030 000
Tax	322 000	263 000	228 000
Net Income	1 143 000	932 000	802 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 685 000	3 290 000	2 783 000
Total Current Assets	2 307 000	1 145 000	763 000
Total Assets	7 992 000	4 435 000	3 547 000
Total Retained Equity	2 877 000	1 735 000	802 000
Total Equity	2 977 000	1 835 000	902 000
Total Long-Term Debt	4 131 000	1 787 000	2 180 000
Total Current Debt	884 000	813 000	465 000
Total Equity and Debt	7 992 000	4 435 000	3 547 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 967 000	3 884 000	2 592 000
Other Income	356 000	0	22 000
Revenue	5 323 000	3 884 000	2 614 000
Cost of Goods Sold	12 000	154 000	294 000
Salary Costs	1 445 000	918 000	396 000
Depreciation	789 000	533 000	203 000
Impairment	0	0	0
Expenditure	3 743 000	2 598 000	1 536 000
Operating Profit	1 580 000	1 286 000	1 077 000
Financial Income	3 000	0	0
Financial Costs	118 000	91 000	47 000
Financial Balance	−115 000	−91 000	−47 000
Dividends	0	0	0
Net Income	1 143 000	932 000	802 000

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	3 281 000	3 190 000	2 667 000
Fixtures	2 405 000	100 000	117 000
Total Tangible Assets	5 685 000	3 290 000	2 783 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	5 685 000	3 290 000	2 783 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 714 000	759 000	663 000
Total Current Assets	2 307 000	1 145 000	763 000
Total Assets	7 992 000	4 435 000	3 547 000
Total Equity	2 977 000	1 835 000	902 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	4 131 000	1 787 000	2 180 000
Creditors	405 000	323 000	188 000
Unpaid Taxes	180 000	175 000	105 000
Dividends	0	0	0
Other Current Debt	145 000	87 000	37 000
Total Current Debt	884 000	813 000	465 000
Total Equity and Debt	7 992 000	4 435 000	3 547 000

Financial indicators	2022	2021	2020
Return on Equity	38,39 %	50,79 %	88,91 %
Debt-to-Equity Ratio	1,39	0,97	2,42
Operating Profit Margin	29,68 %	33,11 %	41,2 %
Current Ratio	2,61	1,41	1,64
Quick Ratio	2,61	1,41	1,64
Equity Ratio	0,37	0,41	0,25
Gross Profit Margin	99,77 %	96,04 %	88,75 %