FROSTAVEIEN UTVIKLING AS

0255 OSLO

Finances

Return on Equity

20,48 %

Current Ratio

1,64

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020
Revenue	121 178 000	0	0
Net Income	19 068 000	1 342 000	−2 000
Total Assets	198 169 000	155 952 000	1 198 000
Total Equity	93 098 000	74 030 000	28 000

Income (NOK)	2022	2021	2020
Revenue	121 178 000	0	0
Expenditure	97 627 000	111 000	2 000
Operating Profit	23 551 000	−111 000	−2 000
Financial Income	5 000	1 858 000	0
Financial Costs	3 000	26 000	0
Financial Balance	2 000	1 832 000	0
Earnings Before Tax	23 553 000	1 721 000	−2 000
Tax	4 485 000	378 000	0
Net Income	19 068 000	1 342 000	−2 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	140 350 000	140 350 000	1 168 000
Total Current Assets	57 819 000	15 602 000	30 000
Total Assets	198 169 000	155 952 000	1 198 000
Total Retained Equity	19 068 000	0	−2 000
Total Equity	93 098 000	74 030 000	28 000
Total Long-Term Debt	69 895 000	67 294 000	0
Total Current Debt	35 175 000	14 628 000	1 169 000
Total Equity and Debt	198 169 000	155 952 000	1 198 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	121 178 000	0	0
Revenue	121 178 000	0	0
Cost of Goods Sold	97 471 000	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	97 627 000	111 000	2 000
Operating Profit	23 551 000	−111 000	−2 000
Financial Income	5 000	1 858 000	0
Financial Costs	3 000	26 000	0
Financial Balance	2 000	1 832 000	0
Dividends	0	0	0
Net Income	19 068 000	1 342 000	−2 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	1 168 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	1 168 000
Total Fiancial Fixed Assets	140 350 000	140 350 000	0
Total Fixed Assets	140 350 000	140 350 000	1 168 000
Stock	34 112 000	13 745 000	0
Total Investments	0	0	0
Cash, Bank	0	0	30 000
Total Current Assets	57 819 000	15 602 000	30 000
Total Assets	198 169 000	155 952 000	1 198 000
Total Equity	93 098 000	74 030 000	28 000
Short-Term Group Debt	35 149 000	1 719 000	0
Total Long-Term Debt	69 895 000	67 294 000	0
Creditors	27 000	1 413 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	6 000	1 169 000
Total Current Debt	35 175 000	14 628 000	1 169 000
Total Equity and Debt	198 169 000	155 952 000	1 198 000

Financial indicators	2022	2021	2020
Return on Equity	20,48 %	1,81 %	−7,14 %
Debt-to-Equity Ratio	0,75	0,91	0
Operating Profit Margin	19,44 %	-	-
Current Ratio	1,64	1,07	0,03
Quick Ratio	54,39	17,67	0,03
Equity Ratio	0,47	0,47	0,02
Gross Profit Margin	19,56 %	-	-