FRIGOSCANDIA NORWAY AS

1351 RUD

Finances

Share Ownership

Return on Equity

−20,45 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	106 734 000	72 059 000	62 579 000	61 723 000
Net Income	−4 165 000	−1 970 000	9 697 000	3 616 000
Total Assets	51 328 000	49 720 000	49 138 000	49 996 000
Total Equity	20 371 000	24 536 000	27 224 000	17 831 000

Income (NOK)	2022	2021	2020	2019
Revenue	106 734 000	72 059 000	62 579 000	61 723 000
Expenditure	110 896 000	73 308 000	48 260 000	54 661 000
Operating Profit	−4 162 000	−1 249 000	14 320 000	7 063 000
Financial Income	564 000	189 000	191 000	311 000
Financial Costs	1 729 000	1 462 000	2 068 000	2 723 000
Financial Balance	−1 165 000	−1 273 000	−1 877 000	−2 412 000
Earnings Before Tax	−5 327 000	−2 522 000	12 444 000	4 651 000
Tax	−1 163 000	−551 000	2 747 000	1 035 000
Net Income	−4 165 000	−1 970 000	9 697 000	3 616 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 707 000	14 908 000	15 552 000	19 959 000
Total Current Assets	35 621 000	34 813 000	33 586 000	30 037 000
Total Assets	51 328 000	49 720 000	49 138 000	49 996 000
Total Retained Equity	19 690 000	23 855 000	0	0
Total Equity	20 371 000	24 536 000	27 224 000	17 831 000
Total Long-Term Debt	6 204 000	8 723 000	10 953 000	23 597 000
Total Current Debt	24 754 000	16 462 000	10 960 000	8 568 000
Total Equity and Debt	51 328 000	49 720 000	49 138 000	49 996 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	94 301 000	62 700 000	57 211 000	55 558 000
Other Income	12 433 000	9 359 000	5 368 000	6 165 000
Revenue	106 734 000	72 059 000	62 579 000	61 723 000
Cost of Goods Sold	56 073 000	32 784 000	27 331 000	24 415 000
Salary Costs	24 090 000	23 189 000	18 094 000	18 135 000
Depreciation	3 232 000	2 861 000	2 513 000	1 916 000
Impairment	0	0	0	0
Expenditure	110 896 000	73 308 000	48 260 000	54 661 000
Operating Profit	−4 162 000	−1 249 000	14 320 000	7 063 000
Financial Income	564 000	189 000	191 000	311 000
Financial Costs	1 729 000	1 462 000	2 068 000	2 723 000
Financial Balance	−1 165 000	−1 273 000	−1 877 000	−2 412 000
Dividends	0	0	0	0
Net Income	−4 165 000	−1 970 000	9 697 000	3 616 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 981 000	2 936 000	1 903 000	4 336 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 726 000	11 972 000	12 611 000	14 334 000
Total Tangible Assets	11 726 000	11 972 000	12 611 000	14 334 000
Total Fiancial Fixed Assets	0	0	1 037 000	1 289 000
Total Fixed Assets	15 707 000	14 908 000	15 552 000	19 959 000
Stock	1 069 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 419 000	2 816 000	0	0
Total Current Assets	35 621 000	34 813 000	33 586 000	30 037 000
Total Assets	51 328 000	49 720 000	49 138 000	49 996 000
Total Equity	20 371 000	24 536 000	27 224 000	17 831 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 204 000	8 723 000	10 953 000	23 597 000
Creditors	15 039 000	10 091 000	6 517 000	3 983 000
Unpaid Taxes	1 589 000	2 043 000	1 803 000	1 268 000
Dividends	0	0	0	0
Other Current Debt	8 126 000	4 328 000	2 622 000	3 317 000
Total Current Debt	24 754 000	16 462 000	10 960 000	8 568 000
Total Equity and Debt	51 328 000	49 720 000	49 138 000	49 996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,45 %	−8,03 %	35,62 %	20,28 %
Debt-to-Equity Ratio	0,3	0,36	0,4	1,32
Operating Profit Margin	−3,9 %	−1,73 %	22,88 %	11,44 %
Current Ratio	1,44	2,11	3,06	3,51
Quick Ratio	1,5	2,11	3,06	3,51
Equity Ratio	0,4	0,49	0,55	0,36
Gross Profit Margin	47,46 %	54,5 %	56,33 %	60,44 %