FRIGSTAD UTVIKLING AS

4628 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

37,48 %

Current Ratio

13,1

Debt-to-Equity Ratio

4,98

Key figures (NOK)	2022	2021	2020
Revenue	12 786 000	15 204 000	3 120 000
Net Income	566 000	−46 000	−21 000
Total Assets	9 782 000	13 208 000	10 537 000
Total Equity	1 510 000	1 154 000	231 000

Income (NOK)	2022	2021	2020
Revenue	12 786 000	15 204 000	3 120 000
Expenditure	11 595 000	15 012 000	3 021 000
Operating Profit	1 191 000	192 000	99 000
Financial Income	0	1 000	0
Financial Costs	475 000	240 000	130 000
Financial Balance	−475 000	−239 000	−130 000
Earnings Before Tax	716 000	−46 000	−31 000
Tax	150 000	0	−9 000
Net Income	566 000	−46 000	−21 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	9 782 000	13 208 000	10 537 000
Total Assets	9 782 000	13 208 000	10 537 000
Total Retained Equity	490 000	134 000	181 000
Total Equity	1 510 000	1 154 000	231 000
Total Long-Term Debt	7 525 000	5 885 000	8 215 000
Total Current Debt	747 000	6 169 000	2 091 000
Total Equity and Debt	9 782 000	13 208 000	10 537 000

Cash flow (NOK)	2022	2021	2020
Sales Income	12 786 000	15 204 000	3 120 000
Other Income	0	0	0
Revenue	12 786 000	15 204 000	3 120 000
Cost of Goods Sold	11 477 000	14 943 000	2 939 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	11 595 000	15 012 000	3 021 000
Operating Profit	1 191 000	192 000	99 000
Financial Income	0	1 000	0
Financial Costs	475 000	240 000	130 000
Financial Balance	−475 000	−239 000	−130 000
Dividends	0	0	0
Net Income	566 000	−46 000	−21 000

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	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	9 778 000	3 737 000	10 507 000
Total Investments	0	0	0
Cash, Bank	4 000	467 000	20 000
Total Current Assets	9 782 000	13 208 000	10 537 000
Total Assets	9 782 000	13 208 000	10 537 000
Total Equity	1 510 000	1 154 000	231 000
Short-Term Group Debt	270 000	0	0
Total Long-Term Debt	7 525 000	5 885 000	8 215 000
Creditors	206 000	1 771 000	1 914 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	181 000	181 000	178 000
Total Current Debt	747 000	6 169 000	2 091 000
Total Equity and Debt	9 782 000	13 208 000	10 537 000

Financial indicators	2022	2021	2020
Return on Equity	37,48 %	−3,99 %	−9,09 %
Debt-to-Equity Ratio	4,98	5,1	35,56
Operating Profit Margin	9,31 %	1,26 %	3,17 %
Current Ratio	13,1	2,14	5,04
Quick Ratio	−1,08	5,43	−1,25
Equity Ratio	0,15	0,09	0,02
Gross Profit Margin	10,24 %	1,72 %	5,8 %