FRANK GRØNSUND AGENTUR AS

1390 VOLLEN

Finances

Return on Equity

72,48 %

Current Ratio

1,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 436 000	7 992 000	10 095 000	5 535 000
Net Income	1 783 000	864 000	2 670 000	305 000
Total Assets	5 542 000	4 325 000	4 915 000	2 028 000
Total Equity	2 460 000	2 177 000	2 312 000	642 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 436 000	7 992 000	10 095 000	5 535 000
Expenditure	8 051 000	6 791 000	6 605 000	5 045 000
Operating Profit	2 383 000	1 201 000	3 491 000	490 000
Financial Income	0	0	17 000	4 000
Financial Costs	82 000	73 000	75 000	81 000
Financial Balance	−82 000	−73 000	−58 000	−77 000
Earnings Before Tax	2 302 000	1 127 000	3 432 000	413 000
Tax	519 000	263 000	762 000	109 000
Net Income	1 783 000	864 000	2 670 000	305 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	15 000	15 000	15 000
Total Current Assets	5 527 000	4 310 000	4 900 000	2 013 000
Total Assets	5 542 000	4 325 000	4 915 000	2 028 000
Total Retained Equity	2 360 000	2 077 000	2 212 000	542 000
Total Equity	2 460 000	2 177 000	2 312 000	642 000
Total Long-Term Debt	4 000	5 000	6 000	265 000
Total Current Debt	3 078 000	2 143 000	2 596 000	1 121 000
Total Equity and Debt	5 542 000	4 325 000	4 915 000	2 028 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 777 000	481 000	39 000	232 000
Other Income	8 659 000	7 511 000	10 057 000	5 303 000
Revenue	10 436 000	7 992 000	10 095 000	5 535 000
Cost of Goods Sold	1 549 000	413 000	0	170 000
Salary Costs	5 291 000	5 247 000	5 567 000	3 758 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 051 000	6 791 000	6 605 000	5 045 000
Operating Profit	2 383 000	1 201 000	3 491 000	490 000
Financial Income	0	0	17 000	4 000
Financial Costs	82 000	73 000	75 000	81 000
Financial Balance	−82 000	−73 000	−58 000	−77 000
Dividends	1 500 000	0	1 000 000	0
Net Income	1 783 000	864 000	2 670 000	305 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	15 000	15 000	15 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 233 000	1 603 000	1 723 000	119 000
Total Current Assets	5 527 000	4 310 000	4 900 000	2 013 000
Total Assets	5 542 000	4 325 000	4 915 000	2 028 000
Total Equity	2 460 000	2 177 000	2 312 000	642 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	5 000	6 000	265 000
Creditors	348 000	151 000	175 000	131 000
Unpaid Taxes	304 000	281 000	302 000	210 000
Dividends	1 500 000	0	1 000 000	0
Other Current Debt	407 000	448 000	359 000	269 000
Total Current Debt	3 078 000	2 143 000	2 596 000	1 121 000
Total Equity and Debt	5 542 000	4 325 000	4 915 000	2 028 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,48 %	39,69 %	115,48 %	47,51 %
Debt-to-Equity Ratio	0	0	0	0,41
Operating Profit Margin	22,83 %	15,03 %	34,58 %	8,85 %
Current Ratio	1,8	2,01	1,89	1,8
Quick Ratio	1,8	2,01	1,89	1,8
Equity Ratio	0,44	0,5	0,47	0,32
Gross Profit Margin	85,16 %	94,83 %	100 %	96,93 %