FRITO AS

3933 PORSGRUNN

Finances

Return on Equity

57,45 %

Current Ratio

2,14

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 778 000	52 228 000	41 524 000	48 625 000
Net Income	8 167 000	9 488 000	10 046 000	9 930 000
Total Assets	33 369 000	37 255 000	47 212 000	26 635 000
Total Equity	14 215 000	14 048 000	12 560 000	12 513 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 778 000	52 228 000	41 524 000	48 625 000
Expenditure	43 900 000	40 209 000	28 798 000	36 158 000
Operating Profit	10 878 000	12 019 000	12 726 000	12 467 000
Financial Income	423 000	146 000	210 000	271 000
Financial Costs	819 000	0	0	7 000
Financial Balance	−396 000	146 000	210 000	264 000
Earnings Before Tax	10 482 000	12 164 000	12 936 000	12 732 000
Tax	2 315 000	2 676 000	2 889 000	2 802 000
Net Income	8 167 000	9 488 000	10 046 000	9 930 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	252 000	209 000	250 000	286 000
Total Current Assets	33 117 000	37 045 000	46 963 000	26 349 000
Total Assets	33 369 000	37 255 000	47 212 000	26 635 000
Total Retained Equity	13 932 000	13 765 000	12 277 000	12 230 000
Total Equity	14 215 000	14 048 000	12 560 000	12 513 000
Total Long-Term Debt	3 674 000	5 743 000	3 296 000	3 270 000
Total Current Debt	15 481 000	17 464 000	31 356 000	10 851 000
Total Equity and Debt	33 369 000	37 255 000	47 212 000	26 635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 778 000	52 228 000	41 524 000	48 625 000
Other Income	0	0	0	0
Revenue	54 778 000	52 228 000	41 524 000	48 625 000
Cost of Goods Sold	34 863 000	31 117 000	20 955 000	26 049 000
Salary Costs	3 124 000	2 601 000	2 387 000	3 747 000
Depreciation	0	40 000	36 000	32 000
Impairment	0	0	0	0
Expenditure	43 900 000	40 209 000	28 798 000	36 158 000
Operating Profit	10 878 000	12 019 000	12 726 000	12 467 000
Financial Income	423 000	146 000	210 000	271 000
Financial Costs	819 000	0	0	7 000
Financial Balance	−396 000	146 000	210 000	264 000
Dividends	0	0	0	0
Net Income	8 167 000	9 488 000	10 046 000	9 930 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	40 000	77 000
Total Tangible Assets	0	0	40 000	77 000
Total Fiancial Fixed Assets	252 000	209 000	209 000	209 000
Total Fixed Assets	252 000	209 000	250 000	286 000
Stock	382 000	12 756 000	5 717 000	560 000
Total Investments	0	0	0	0
Cash, Bank	25 274 000	22 602 000	26 176 000	15 331 000
Total Current Assets	33 117 000	37 045 000	46 963 000	26 349 000
Total Assets	33 369 000	37 255 000	47 212 000	26 635 000
Total Equity	14 215 000	14 048 000	12 560 000	12 513 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 674 000	5 743 000	3 296 000	3 270 000
Creditors	2 049 000	1 621 000	2 207 000	1 606 000
Unpaid Taxes	467 000	394 000	170 000	311 000
Dividends	0	0	0	0
Other Current Debt	8 580 000	15 219 000	26 116 000	6 851 000
Total Current Debt	15 481 000	17 464 000	31 356 000	10 851 000
Total Equity and Debt	33 369 000	37 255 000	47 212 000	26 635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,45 %	67,54 %	79,98 %	79,36 %
Debt-to-Equity Ratio	0,26	0,41	0,26	0,26
Operating Profit Margin	19,86 %	23,01 %	30,65 %	25,64 %
Current Ratio	2,14	2,12	1,5	2,43
Quick Ratio	2,19	7,87	1,83	2,56
Equity Ratio	0,43	0,38	0,27	0,47
Gross Profit Margin	36,36 %	40,42 %	49,54 %	46,43 %