FRISTAD ELEKTRO AS

6967 HELLEVIK I FJALER

Finances

Return on Equity

29,15 %

Current Ratio

2,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 094 000	8 221 000	8 877 000	7 813 000
Net Income	1 418 000	1 719 000	1 475 000	1 453 000
Total Assets	8 063 000	7 069 000	6 493 000	5 487 000
Total Equity	4 865 000	4 447 000	3 728 000	3 253 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 094 000	8 221 000	8 877 000	7 813 000
Expenditure	8 282 000	6 025 000	7 004 000	5 965 000
Operating Profit	1 812 000	2 196 000	1 873 000	1 849 000
Financial Income	7 000	2 000	21 000	22 000
Financial Costs	0	0	2 000	−6 000
Financial Balance	7 000	2 000	19 000	28 000
Earnings Before Tax	1 819 000	2 198 000	1 893 000	1 877 000
Tax	401 000	479 000	418 000	424 000
Net Income	1 418 000	1 719 000	1 475 000	1 453 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	103 000	94 000	165 000
Total Current Assets	7 998 000	6 966 000	6 399 000	5 322 000
Total Assets	8 063 000	7 069 000	6 493 000	5 487 000
Total Retained Equity	4 765 000	4 347 000	3 628 000	3 153 000
Total Equity	4 865 000	4 447 000	3 728 000	3 253 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 198 000	2 622 000	2 765 000	2 234 000
Total Equity and Debt	8 063 000	7 069 000	6 493 000	5 487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 094 000	8 215 000	8 877 000	7 813 000
Other Income	0	6 000	0	0
Revenue	10 094 000	8 221 000	8 877 000	7 813 000
Cost of Goods Sold	4 961 000	3 052 000	4 183 000	3 119 000
Salary Costs	2 449 000	2 207 000	1 960 000	1 973 000
Depreciation	38 000	43 000	71 000	142 000
Impairment	0	0	0	0
Expenditure	8 282 000	6 025 000	7 004 000	5 965 000
Operating Profit	1 812 000	2 196 000	1 873 000	1 849 000
Financial Income	7 000	2 000	21 000	22 000
Financial Costs	0	0	2 000	−6 000
Financial Balance	7 000	2 000	19 000	28 000
Dividends	1 000 000	1 000 000	1 000 000	1 000 000
Net Income	1 418 000	1 719 000	1 475 000	1 453 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 000	20 000	20 000	35 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	73 000	64 000	120 000
Total Tangible Assets	55 000	93 000	84 000	155 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	65 000	103 000	94 000	165 000
Stock	776 000	656 000	632 000	458 000
Total Investments	0	0	0	0
Cash, Bank	6 286 000	5 013 000	4 187 000	3 456 000
Total Current Assets	7 998 000	6 966 000	6 399 000	5 322 000
Total Assets	8 063 000	7 069 000	6 493 000	5 487 000
Total Equity	4 865 000	4 447 000	3 728 000	3 253 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	969 000	311 000	299 000	231 000
Unpaid Taxes	568 000	596 000	714 000	395 000
Dividends	1 000 000	1 000 000	1 000 000	1 000 000
Other Current Debt	259 000	236 000	335 000	184 000
Total Current Debt	3 198 000	2 622 000	2 765 000	2 234 000
Total Equity and Debt	8 063 000	7 069 000	6 493 000	5 487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,15 %	38,66 %	39,57 %	44,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,95 %	26,71 %	21,1 %	23,67 %
Current Ratio	2,5	2,66	2,31	2,38
Quick Ratio	3,3	3,54	3	3
Equity Ratio	0,6	0,63	0,57	0,59
Gross Profit Margin	50,85 %	62,88 %	52,88 %	60,08 %