MS FRØY SAGA AS

7900 RØRVIK

Finances

Return on Equity

0,36 %

Current Ratio

18,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	−44 000	88 664 000	34 927 000
Net Income	53 000	62 360 000	8 566 000
Total Assets	15 133 000	93 658 000	68 582 000
Total Equity	14 678 000	89 624 000	27 264 000

Income (NOK)	2022	2021	2020
Revenue	−44 000	88 664 000	34 927 000
Expenditure	84 000	25 684 000	25 470 000
Operating Profit	−128 000	62 980 000	9 458 000
Financial Income	370 000	3 000	1 000
Financial Costs	0	622 000	892 000
Financial Balance	370 000	−619 000	−891 000
Earnings Before Tax	242 000	62 362 000	8 567 000
Tax	189 000	2 000	1 000
Net Income	53 000	62 360 000	8 566 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 720 000	0	55 730 000
Total Current Assets	8 413 000	93 658 000	12 852 000
Total Assets	15 133 000	93 658 000	68 582 000
Total Retained Equity	8 254 000	83 201 000	20 841 000
Total Equity	14 678 000	89 624 000	27 264 000
Total Long-Term Debt	0	0	31 099 000
Total Current Debt	455 000	4 034 000	10 218 000
Total Equity and Debt	15 133 000	93 658 000	68 582 000

Cash flow (NOK)	2022	2021	2020
Sales Income	−44 000	34 086 000	34 927 000
Other Income	0	54 578 000	0
Revenue	−44 000	88 664 000	34 927 000
Cost of Goods Sold	1 000	4 891 000	4 341 000
Salary Costs	0	6 000	0
Depreciation	0	6 443 000	6 704 000
Impairment	0	0	0
Expenditure	84 000	25 684 000	25 470 000
Operating Profit	−128 000	62 980 000	9 458 000
Financial Income	370 000	3 000	1 000
Financial Costs	0	622 000	892 000
Financial Balance	370 000	−619 000	−891 000
Dividends	0	0	0
Net Income	53 000	62 360 000	8 566 000

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	0	0	0
Total Tangible Assets	0	0	55 730 000
Total Fiancial Fixed Assets	6 720 000	0	0
Total Fixed Assets	6 720 000	0	55 730 000
Stock	0	0	187 000
Total Investments	0	0	0
Cash, Bank	1 945 000	86 736 000	2 301 000
Total Current Assets	8 413 000	93 658 000	12 852 000
Total Assets	15 133 000	93 658 000	68 582 000
Total Equity	14 678 000	89 624 000	27 264 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	31 099 000
Creditors	17 000	3 088 000	1 833 000
Unpaid Taxes	0	578 000	435 000
Dividends	0	0	0
Other Current Debt	249 000	366 000	7 950 000
Total Current Debt	455 000	4 034 000	10 218 000
Total Equity and Debt	15 133 000	93 658 000	68 582 000

Financial indicators	2022	2021	2020
Return on Equity	0,36 %	69,58 %	31,42 %
Debt-to-Equity Ratio	0	0	1,14
Operating Profit Margin	290,91 %	71,03 %	27,08 %
Current Ratio	18,49	23,22	1,26
Quick Ratio	18,49	23,22	1,28
Equity Ratio	0,97	0,96	0,4
Gross Profit Margin	102,27 %	94,48 %	87,57 %