FRØLAND SAG AS

5574 SKJOLD

Finances

Share Ownership

Return on Equity

40,9 %

Current Ratio

3,65

Debt-to-Equity Ratio

0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 945 000	2 016 000	2 130 000	1 684 000
Net Income	218 000	34 000	18 000	8 000
Total Assets	1 305 000	1 384 000	1 324 000	1 109 000
Total Equity	533 000	314 000	281 000	263 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 945 000	2 016 000	2 130 000	1 684 000
Expenditure	2 701 000	1 960 000	2 085 000	1 656 000
Operating Profit	243 000	56 000	44 000	28 000
Financial Income	0	0	0	0
Financial Costs	21 000	22 000	27 000	19 000
Financial Balance	−21 000	−22 000	−27 000	−19 000
Earnings Before Tax	223 000	34 000	18 000	8 000
Tax	4 000	0	0	0
Net Income	218 000	34 000	18 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	378 000	302 000	354 000	328 000
Total Current Assets	927 000	1 081 000	970 000	781 000
Total Assets	1 305 000	1 384 000	1 324 000	1 109 000
Total Retained Equity	33 000	−186 000	−219 000	−237 000
Total Equity	533 000	314 000	281 000	263 000
Total Long-Term Debt	518 000	675 000	854 000	591 000
Total Current Debt	254 000	395 000	189 000	255 000
Total Equity and Debt	1 305 000	1 384 000	1 324 000	1 109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 945 000	2 016 000	2 130 000	1 657 000
Other Income	0	0	0	27 000
Revenue	2 945 000	2 016 000	2 130 000	1 684 000
Cost of Goods Sold	1 156 000	730 000	1 016 000	618 000
Salary Costs	759 000	557 000	499 000	474 000
Depreciation	38 000	52 000	43 000	23 000
Impairment	0	0	0	0
Expenditure	2 701 000	1 960 000	2 085 000	1 656 000
Operating Profit	243 000	56 000	44 000	28 000
Financial Income	0	0	0	0
Financial Costs	21 000	22 000	27 000	19 000
Financial Balance	−21 000	−22 000	−27 000	−19 000
Dividends	0	0	0	0
Net Income	218 000	34 000	18 000	8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	214 000	221 000	228 000	236 000
Machinery and Plant Facilities	164 000	0	0	0
Fixtures	0	81 000	126 000	92 000
Total Tangible Assets	378 000	302 000	354 000	328 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	378 000	302 000	354 000	328 000
Stock	289 000	486 000	398 000	451 000
Total Investments	0	0	0	0
Cash, Bank	151 000	152 000	388 000	171 000
Total Current Assets	927 000	1 081 000	970 000	781 000
Total Assets	1 305 000	1 384 000	1 324 000	1 109 000
Total Equity	533 000	314 000	281 000	263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	518 000	675 000	854 000	591 000
Creditors	81 000	192 000	51 000	142 000
Unpaid Taxes	109 000	157 000	96 000	73 000
Dividends	0	0	0	0
Other Current Debt	60 000	46 000	42 000	40 000
Total Current Debt	254 000	395 000	189 000	255 000
Total Equity and Debt	1 305 000	1 384 000	1 324 000	1 109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,9 %	10,83 %	6,41 %	3,04 %
Debt-to-Equity Ratio	0,97	2,15	3,04	2,25
Operating Profit Margin	8,25 %	2,78 %	2,07 %	1,66 %
Current Ratio	3,65	2,74	5,13	3,06
Quick Ratio	−26,49	−11,88	−4,64	−3,98
Equity Ratio	0,41	0,23	0,21	0,24
Gross Profit Margin	60,75 %	63,79 %	52,3 %	63,3 %