Frøfisk AS

5574 SKJOLD

Finances

Return on Equity

36,48 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 867 000	12 930 000	17 497 000	13 192 000
Net Income	5 538 000	773 000	3 028 000	2 323 000
Total Assets	21 137 000	19 344 000	18 507 000	16 516 000
Total Equity	15 181 000	16 645 000	16 122 000	13 344 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 867 000	12 930 000	17 497 000	13 192 000
Expenditure	21 123 000	15 560 000	11 285 000	12 710 000
Operating Profit	7 145 000	1 010 000	3 884 000	2 863 000
Financial Income	3 000	0	11 000	115 000
Financial Costs	49 000	20 000	14 000	29 000
Financial Balance	−46 000	−20 000	−3 000	86 000
Earnings Before Tax	7 099 000	991 000	3 881 000	2 949 000
Tax	1 561 000	218 000	853 000	626 000
Net Income	5 538 000	773 000	3 028 000	2 323 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 203 000	12 102 000	11 496 000	6 317 000
Total Current Assets	7 934 000	7 242 000	7 011 000	10 198 000
Total Assets	21 137 000	19 344 000	18 507 000	16 516 000
Total Retained Equity	15 121 000	16 565 000	16 042 000	13 264 000
Total Equity	15 181 000	16 645 000	16 122 000	13 344 000
Total Long-Term Debt	439 000	408 000	190 000	717 000
Total Current Debt	5 517 000	2 291 000	2 195 000	2 455 000
Total Equity and Debt	21 137 000	19 344 000	18 507 000	16 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 860 000	12 919 000	17 340 000	13 164 000
Other Income	8 000	11 000	156 000	28 000
Revenue	30 867 000	12 930 000	17 497 000	13 192 000
Cost of Goods Sold	11 499 000	9 678 000	5 151 000	7 463 000
Salary Costs	1 944 000	1 259 000	1 033 000	1 370 000
Depreciation	899 000	868 000	990 000	1 076 000
Impairment	0	0	0	0
Expenditure	21 123 000	15 560 000	11 285 000	12 710 000
Operating Profit	7 145 000	1 010 000	3 884 000	2 863 000
Financial Income	3 000	0	11 000	115 000
Financial Costs	49 000	20 000	14 000	29 000
Financial Balance	−46 000	−20 000	−3 000	86 000
Dividends	0	250 000	250 000	500 000
Net Income	5 538 000	773 000	3 028 000	2 323 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 269 000	1 331 000	1 401 000	1 474 000
Machinery and Plant Facilities	4 899 000	3 700 000	4 101 000	4 246 000
Fixtures	24 000	33 000	120 000	237 000
Total Tangible Assets	6 192 000	5 064 000	5 621 000	5 957 000
Total Fiancial Fixed Assets	7 011 000	7 038 000	5 875 000	360 000
Total Fixed Assets	13 203 000	12 102 000	11 496 000	6 317 000
Stock	2 180 000	4 847 000	1 140 000	3 466 000
Total Investments	0	0	0	0
Cash, Bank	5 325 000	2 132 000	5 623 000	6 303 000
Total Current Assets	7 934 000	7 242 000	7 011 000	10 198 000
Total Assets	21 137 000	19 344 000	18 507 000	16 516 000
Total Equity	15 181 000	16 645 000	16 122 000	13 344 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	439 000	408 000	190 000	717 000
Creditors	330 000	1 609 000	262 000	1 425 000
Unpaid Taxes	168 000	113 000	59 000	191 000
Dividends	0	250 000	250 000	500 000
Other Current Debt	3 488 000	319 000	243 000	214 000
Total Current Debt	5 517 000	2 291 000	2 195 000	2 455 000
Total Equity and Debt	21 137 000	19 344 000	18 507 000	16 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,48 %	4,64 %	18,78 %	17,41 %
Debt-to-Equity Ratio	0,03	0,02	0,01	0,05
Operating Profit Margin	23,15 %	7,81 %	22,2 %	21,7 %
Current Ratio	1,44	3,16	3,19	4,15
Quick Ratio	2,38	−2,83	6,65	−10,09
Equity Ratio	0,72	0,86	0,87	0,81
Gross Profit Margin	62,75 %	25,15 %	70,56 %	43,43 %