FRUSTØL AS

4628 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−129,22 %

Current Ratio

1,06

Debt-to-Equity Ratio

20,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 895 000	74 520 000	48 567 000	48 004 000
Net Income	−1 977 000	482 000	−2 323 000	−598 000
Total Assets	57 662 000	25 699 000	20 001 000	21 925 000
Total Equity	1 530 000	3 474 000	2 992 000	5 315 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 895 000	74 520 000	48 567 000	48 004 000
Expenditure	90 114 000	73 742 000	51 779 000	49 401 000
Operating Profit	−1 218 000	777 000	−3 211 000	−1 398 000
Financial Income	0	2 000	253 000	620 000
Financial Costs	1 294 000	116 000	85 000	102 000
Financial Balance	−1 294 000	−114 000	168 000	518 000
Earnings Before Tax	−2 512 000	663 000	−3 043 000	−879 000
Tax	−535 000	181 000	−720 000	−282 000
Net Income	−1 977 000	482 000	−2 323 000	−598 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 699 000	3 823 000	3 458 000	5 863 000
Total Current Assets	26 963 000	21 876 000	16 542 000	16 062 000
Total Assets	57 662 000	25 699 000	20 001 000	21 925 000
Total Retained Equity	0	977 000	495 000	2 818 000
Total Equity	1 530 000	3 474 000	2 992 000	5 315 000
Total Long-Term Debt	30 613 000	8 291 000	7 781 000	1 835 000
Total Current Debt	25 519 000	13 935 000	9 228 000	14 775 000
Total Equity and Debt	57 662 000	25 699 000	20 001 000	21 925 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	88 627 000	73 727 000	48 275 000	47 319 000
Other Income	268 000	793 000	292 000	685 000
Revenue	88 895 000	74 520 000	48 567 000	48 004 000
Cost of Goods Sold	45 238 000	31 272 000	19 132 000	20 204 000
Salary Costs	25 707 000	24 740 000	18 182 000	15 277 000
Depreciation	4 405 000	749 000	597 000	525 000
Impairment	0	0	0	0
Expenditure	90 114 000	73 742 000	51 779 000	49 401 000
Operating Profit	−1 218 000	777 000	−3 211 000	−1 398 000
Financial Income	0	2 000	253 000	620 000
Financial Costs	1 294 000	116 000	85 000	102 000
Financial Balance	−1 294 000	−114 000	168 000	518 000
Dividends	0	0	0	0
Net Income	−1 977 000	482 000	−2 323 000	−598 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 361 000	792 000	939 000	498 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	22 485 000	1 623 000	505 000	436 000
Fixtures	6 597 000	919 000	929 000	1 133 000
Total Tangible Assets	29 081 000	2 542 000	1 434 000	1 569 000
Total Fiancial Fixed Assets	257 000	489 000	1 085 000	3 796 000
Total Fixed Assets	30 699 000	3 823 000	3 458 000	5 863 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 084 000	968 000	2 484 000	1 050 000
Total Current Assets	26 963 000	21 876 000	16 542 000	16 062 000
Total Assets	57 662 000	25 699 000	20 001 000	21 925 000
Total Equity	1 530 000	3 474 000	2 992 000	5 315 000
Short-Term Group Debt	0	0	0	3 625 000
Total Long-Term Debt	30 613 000	8 291 000	7 781 000	1 835 000
Creditors	8 143 000	3 900 000	4 978 000	6 595 000
Unpaid Taxes	4 868 000	2 978 000	2 283 000	2 686 000
Dividends	0	0	0	0
Other Current Debt	7 075 000	2 649 000	1 966 000	1 619 000
Total Current Debt	25 519 000	13 935 000	9 228 000	14 775 000
Total Equity and Debt	57 662 000	25 699 000	20 001 000	21 925 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−129,22 %	13,87 %	−77,64 %	−11,25 %
Debt-to-Equity Ratio	20,01	2,39	2,6	0,35
Operating Profit Margin	−1,37 %	1,04 %	−6,61 %	−2,91 %
Current Ratio	1,06	1,57	1,79	1,09
Quick Ratio	1,06	1,57	1,79	1,09
Equity Ratio	0,03	0,14	0,15	0,24
Gross Profit Margin	49,11 %	58,04 %	60,61 %	57,91 %