FROGNES AS

3300 HOKKSUND

Finances

Return on Equity

16,59 %

Current Ratio

23,9

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	110 000
Net Income	38 047 000	77 199 000	15 886 000	15 987 000
Total Assets	402 663 000	377 015 000	332 096 000	331 903 000
Total Equity	229 359 000	191 311 000	138 926 000	128 259 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	110 000
Expenditure	1 286 000	1 093 000	1 011 000	934 000
Operating Profit	−1 286 000	−1 093 000	−1 011 000	−824 000
Financial Income	48 951 000	83 446 000	24 536 000	24 899 000
Financial Costs	7 564 000	3 645 000	5 903 000	6 530 000
Financial Balance	41 387 000	79 801 000	18 633 000	18 369 000
Earnings Before Tax	40 101 000	78 708 000	17 622 000	17 545 000
Tax	2 054 000	1 510 000	1 736 000	1 558 000
Net Income	38 047 000	77 199 000	15 886 000	15 987 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	180 910 000	160 292 000	148 715 000	159 130 000
Total Current Assets	221 754 000	216 723 000	183 381 000	172 774 000
Total Assets	402 663 000	377 015 000	332 096 000	331 903 000
Total Retained Equity	216 344 000	178 296 000	125 911 000	115 243 000
Total Equity	229 359 000	191 311 000	138 926 000	128 259 000
Total Long-Term Debt	164 024 000	155 645 000	178 467 000	189 715 000
Total Current Debt	9 280 000	30 058 000	14 702 000	13 929 000
Total Equity and Debt	402 663 000	377 015 000	332 096 000	331 903 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	110 000
Revenue	0	0	0	110 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 286 000	1 093 000	1 011 000	934 000
Operating Profit	−1 286 000	−1 093 000	−1 011 000	−824 000
Financial Income	48 951 000	83 446 000	24 536 000	24 899 000
Financial Costs	7 564 000	3 645 000	5 903 000	6 530 000
Financial Balance	41 387 000	79 801 000	18 633 000	18 369 000
Dividends	0	0	0	0
Net Income	38 047 000	77 199 000	15 886 000	15 987 000

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	17 000	17 000	1 077 000	1 077 000
Total Tangible Assets	17 000	17 000	1 077 000	1 077 000
Total Fiancial Fixed Assets	180 892 000	160 275 000	147 638 000	158 052 000
Total Fixed Assets	180 910 000	160 292 000	148 715 000	159 130 000
Stock	0	0	0	0
Total Investments	98 735 000	81 648 000	84 118 000	74 415 000
Cash, Bank	41 239 000	51 881 000	10 198 000	4 810 000
Total Current Assets	221 754 000	216 723 000	183 381 000	172 774 000
Total Assets	402 663 000	377 015 000	332 096 000	331 903 000
Total Equity	229 359 000	191 311 000	138 926 000	128 259 000
Short-Term Group Debt	6 927 000	29 236 000	13 967 000	12 861 000
Total Long-Term Debt	164 024 000	155 645 000	178 467 000	189 715 000
Creditors	148 000	9 000	0	0
Unpaid Taxes	158 000	−23 000	−60 000	−57 000
Dividends	0	0	0	0
Other Current Debt	915 000	835 000	795 000	1 125 000
Total Current Debt	9 280 000	30 058 000	14 702 000	13 929 000
Total Equity and Debt	402 663 000	377 015 000	332 096 000	331 903 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,59 %	40,35 %	11,43 %	12,46 %
Debt-to-Equity Ratio	0,72	0,81	1,28	1,48
Operating Profit Margin	-	-	-	−749,09 %
Current Ratio	23,9	7,21	12,47	12,4
Quick Ratio	23,9	7,21	12,47	12,4
Equity Ratio	0,57	0,51	0,42	0,39
Gross Profit Margin	-	-	-	100 %