FRANK KJOSBAKKEN AS

2340 LØTEN

Finances

Share Ownership

Return on Equity

18,68 %

Current Ratio

2,54

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 905 000	6 765 000	5 570 000	4 818 000
Net Income	363 000	618 000	280 000	132 000
Total Assets	3 741 000	3 984 000	2 655 000	2 757 000
Total Equity	1 943 000	1 579 000	1 275 000	1 008 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 905 000	6 765 000	5 570 000	4 818 000
Expenditure	6 348 000	5 933 000	5 160 000	4 597 000
Operating Profit	558 000	832 000	410 000	222 000
Financial Income	0	1 000	3 000	6 000
Financial Costs	43 000	39 000	54 000	58 000
Financial Balance	−43 000	−38 000	−51 000	−52 000
Earnings Before Tax	515 000	793 000	359 000	170 000
Tax	151 000	176 000	79 000	38 000
Net Income	363 000	618 000	280 000	132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 034 000	1 029 000	1 053 000	1 112 000
Total Current Assets	2 707 000	2 955 000	1 603 000	1 646 000
Total Assets	3 741 000	3 984 000	2 655 000	2 757 000
Total Retained Equity	1 693 000	1 329 000	1 025 000	758 000
Total Equity	1 943 000	1 579 000	1 275 000	1 008 000
Total Long-Term Debt	731 000	916 000	978 000	1 073 000
Total Current Debt	1 067 000	1 488 000	402 000	677 000
Total Equity and Debt	3 741 000	3 984 000	2 655 000	2 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 902 000	6 765 000	5 570 000	4 811 000
Other Income	3 000	0	0	7 000
Revenue	6 905 000	6 765 000	5 570 000	4 818 000
Cost of Goods Sold	2 069 000	2 339 000	2 170 000	1 999 000
Salary Costs	2 264 000	2 658 000	2 172 000	1 796 000
Depreciation	172 000	60 000	59 000	56 000
Impairment	0	0	0	0
Expenditure	6 348 000	5 933 000	5 160 000	4 597 000
Operating Profit	558 000	832 000	410 000	222 000
Financial Income	0	1 000	3 000	6 000
Financial Costs	43 000	39 000	54 000	58 000
Financial Balance	−43 000	−38 000	−51 000	−52 000
Dividends	0	300 000	0	0
Net Income	363 000	618 000	280 000	132 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	838 000	931 000	957 000	983 000
Machinery and Plant Facilities	196 000	79 000	60 000	76 000
Fixtures	0	19 000	36 000	53 000
Total Tangible Assets	1 034 000	1 029 000	1 053 000	1 112 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 034 000	1 029 000	1 053 000	1 112 000
Stock	11 000	18 000	16 000	19 000
Total Investments	0	0	0	0
Cash, Bank	1 602 000	1 671 000	620 000	786 000
Total Current Assets	2 707 000	2 955 000	1 603 000	1 646 000
Total Assets	3 741 000	3 984 000	2 655 000	2 757 000
Total Equity	1 943 000	1 579 000	1 275 000	1 008 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	731 000	916 000	978 000	1 073 000
Creditors	271 000	271 000	−149 000	160 000
Unpaid Taxes	289 000	308 000	242 000	132 000
Dividends	0	300 000	0	0
Other Current Debt	264 000	469 000	232 000	385 000
Total Current Debt	1 067 000	1 488 000	402 000	677 000
Total Equity and Debt	3 741 000	3 984 000	2 655 000	2 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,68 %	39,14 %	21,96 %	13,1 %
Debt-to-Equity Ratio	0,38	0,58	0,77	1,06
Operating Profit Margin	8,08 %	12,3 %	7,36 %	4,61 %
Current Ratio	2,54	1,99	3,99	2,43
Quick Ratio	2,56	2,01	4,15	2,5
Equity Ratio	0,52	0,4	0,48	0,37
Gross Profit Margin	70,04 %	65,42 %	61,04 %	58,51 %