FRICO AS

4019 STAVANGER

Finances

Return on Equity

−223,35 %

Current Ratio

0,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	674 000	726 000	751 000	990 000
Net Income	−1 253 000	114 000	−34 000	329 000
Total Assets	2 814 000	4 268 000	4 676 000	5 472 000
Total Equity	561 000	1 814 000	1 700 000	1 735 000

Income (NOK)	2022	2021	2020	2019
Revenue	674 000	726 000	751 000	990 000
Expenditure	1 253 000	982 000	817 000	1 515 000
Operating Profit	−579 000	−256 000	−66 000	−525 000
Financial Income	328 000	424 000	655 000	855 000
Financial Costs	1 002 000	55 000	624 000	1 000
Financial Balance	−674 000	369 000	31 000	854 000
Earnings Before Tax	−1 253 000	114 000	−34 000	329 000
Tax	0	0	0	0
Net Income	−1 253 000	114 000	−34 000	329 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 800 000	2 800 000	3 015 000	3 761 000
Total Current Assets	1 013 000	1 468 000	1 661 000	1 711 000
Total Assets	2 814 000	4 268 000	4 676 000	5 472 000
Total Retained Equity	379 000	1 632 000	1 518 000	1 553 000
Total Equity	561 000	1 814 000	1 700 000	1 735 000
Total Long-Term Debt	0	0	300 000	346 000
Total Current Debt	2 253 000	2 454 000	2 675 000	3 391 000
Total Equity and Debt	2 814 000	4 268 000	4 676 000	5 472 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	674 000	726 000	751 000	990 000
Other Income	0	0	0	0
Revenue	674 000	726 000	751 000	990 000
Cost of Goods Sold	0	−86 000	−53 000	0
Salary Costs	781 000	792 000	563 000	1 100 000
Depreciation	0	23 000	70 000	70 000
Impairment	0	0	0	0
Expenditure	1 253 000	982 000	817 000	1 515 000
Operating Profit	−579 000	−256 000	−66 000	−525 000
Financial Income	328 000	424 000	655 000	855 000
Financial Costs	1 002 000	55 000	624 000	1 000
Financial Balance	−674 000	369 000	31 000	854 000
Dividends	0	0	0	0
Net Income	−1 253 000	114 000	−34 000	329 000

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	23 000	93 000
Total Tangible Assets	0	0	23 000	93 000
Total Fiancial Fixed Assets	1 800 000	2 800 000	2 992 000	3 668 000
Total Fixed Assets	1 800 000	2 800 000	3 015 000	3 761 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	90 000	421 000	211 000	287 000
Total Current Assets	1 013 000	1 468 000	1 661 000	1 711 000
Total Assets	2 814 000	4 268 000	4 676 000	5 472 000
Total Equity	561 000	1 814 000	1 700 000	1 735 000
Short-Term Group Debt	1 229 000	857 000	859 000	1 128 000
Total Long-Term Debt	0	0	300 000	346 000
Creditors	0	95 000	26 000	49 000
Unpaid Taxes	78 000	92 000	81 000	103 000
Dividends	0	0	0	0
Other Current Debt	946 000	1 411 000	1 709 000	2 111 000
Total Current Debt	2 253 000	2 454 000	2 675 000	3 391 000
Total Equity and Debt	2 814 000	4 268 000	4 676 000	5 472 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−223,35 %	6,28 %	−2 %	18,96 %
Debt-to-Equity Ratio	0	0	0,18	0,2
Operating Profit Margin	−85,91 %	−35,26 %	−8,79 %	−53,03 %
Current Ratio	0,45	0,6	0,62	0,5
Quick Ratio	0,45	0,6	0,62	0,5
Equity Ratio	0,2	0,43	0,36	0,32
Gross Profit Margin	100 %	111,85 %	107,06 %	100 %