FRØYA AUTO AS

7263 HAMARVIK

Finances

Return on Equity

26,84 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 367 000	36 839 000	36 434 000	32 574 000
Net Income	3 326 000	2 840 000	2 816 000	1 296 000
Total Assets	18 006 000	14 042 000	19 686 000	16 235 000
Total Equity	12 391 000	9 762 000	13 921 000	12 605 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 367 000	36 839 000	36 434 000	32 574 000
Expenditure	38 143 000	33 267 000	32 895 000	30 993 000
Operating Profit	4 223 000	3 574 000	3 539 000	1 582 000
Financial Income	75 000	70 000	78 000	92 000
Financial Costs	41 000	6 000	5 000	12 000
Financial Balance	34 000	64 000	73 000	80 000
Earnings Before Tax	4 258 000	3 638 000	3 612 000	1 662 000
Tax	932 000	797 000	795 000	366 000
Net Income	3 326 000	2 840 000	2 816 000	1 296 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 139 000	6 470 000	6 755 000	7 362 000
Total Current Assets	9 867 000	7 572 000	12 931 000	8 873 000
Total Assets	18 006 000	14 042 000	19 686 000	16 235 000
Total Retained Equity	12 287 000	9 661 000	13 821 000	12 505 000
Total Equity	12 391 000	9 762 000	13 921 000	12 605 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 616 000	4 280 000	5 765 000	3 630 000
Total Equity and Debt	18 006 000	14 042 000	19 686 000	16 235 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 005 000	36 839 000	36 560 000	32 589 000
Other Income	361 000	0	−126 000	−15 000
Revenue	42 367 000	36 839 000	36 434 000	32 574 000
Cost of Goods Sold	21 281 000	19 820 000	20 003 000	18 437 000
Salary Costs	11 159 000	9 109 000	8 850 000	8 123 000
Depreciation	1 184 000	1 073 000	1 133 000	1 034 000
Impairment	0	0	0	0
Expenditure	38 143 000	33 267 000	32 895 000	30 993 000
Operating Profit	4 223 000	3 574 000	3 539 000	1 582 000
Financial Income	75 000	70 000	78 000	92 000
Financial Costs	41 000	6 000	5 000	12 000
Financial Balance	34 000	64 000	73 000	80 000
Dividends	700 000	0	1 500 000	400 000
Net Income	3 326 000	2 840 000	2 816 000	1 296 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	302 000	315 000	275 000	195 000
Real Eastate	3 584 000	2 660 000	3 622 000	4 006 000
Machinery and Plant Facilities	2 354 000	2 573 000	2 032 000	2 531 000
Fixtures	1 466 000	398 000	566 000	538 000
Total Tangible Assets	7 405 000	5 632 000	6 220 000	7 075 000
Total Fiancial Fixed Assets	433 000	523 000	260 000	92 000
Total Fixed Assets	8 139 000	6 470 000	6 755 000	7 362 000
Stock	1 432 000	1 592 000	1 464 000	1 469 000
Total Investments	0	0	0	0
Cash, Bank	4 972 000	2 897 000	8 888 000	5 406 000
Total Current Assets	9 867 000	7 572 000	12 931 000	8 873 000
Total Assets	18 006 000	14 042 000	19 686 000	16 235 000
Total Equity	12 391 000	9 762 000	13 921 000	12 605 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 284 000	1 201 000	974 000	1 310 000
Unpaid Taxes	1 475 000	1 198 000	1 503 000	705 000
Dividends	700 000	0	1 500 000	400 000
Other Current Debt	1 239 000	1 044 000	912 000	869 000
Total Current Debt	5 616 000	4 280 000	5 765 000	3 630 000
Total Equity and Debt	18 006 000	14 042 000	19 686 000	16 235 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,84 %	29,09 %	20,23 %	10,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,97 %	9,7 %	9,71 %	4,86 %
Current Ratio	1,76	1,77	2,24	2,44
Quick Ratio	2,36	2,82	3,01	4,11
Equity Ratio	0,69	0,7	0,71	0,78
Gross Profit Margin	49,77 %	46,2 %	45,1 %	43,4 %