FROLAND VERK INDUSTRIEIENDOM AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

7,22 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 900 000	1 782 000	1 817 000	1 809 000
Net Income	544 000	626 000	930 000	932 000
Total Assets	8 472 000	8 654 000	8 757 000	9 627 000
Total Equity	7 531 000	7 530 000	7 505 000	7 174 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 900 000	1 782 000	1 817 000	1 809 000
Expenditure	1 202 000	980 000	602 000	552 000
Operating Profit	699 000	803 000	1 216 000	1 258 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	23 000	63 000
Financial Balance	−1 000	−1 000	−23 000	−62 000
Earnings Before Tax	698 000	802 000	1 193 000	1 195 000
Tax	154 000	176 000	262 000	263 000
Net Income	544 000	626 000	930 000	932 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 271 000	7 630 000	7 839 000	8 198 000
Total Current Assets	1 201 000	1 024 000	918 000	1 429 000
Total Assets	8 472 000	8 654 000	8 757 000	9 627 000
Total Retained Equity	7 431 000	7 430 000	7 405 000	7 074 000
Total Equity	7 531 000	7 530 000	7 505 000	7 174 000
Total Long-Term Debt	128 000	197 000	262 000	1 654 000
Total Current Debt	813 000	927 000	990 000	799 000
Total Equity and Debt	8 472 000	8 654 000	8 757 000	9 627 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 900 000	1 782 000	1 817 000	1 809 000
Revenue	1 900 000	1 782 000	1 817 000	1 809 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	1 000	1 000	1 000
Depreciation	359 000	359 000	359 000	359 000
Impairment	0	0	0	0
Expenditure	1 202 000	980 000	602 000	552 000
Operating Profit	699 000	803 000	1 216 000	1 258 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	23 000	63 000
Financial Balance	−1 000	−1 000	−23 000	−62 000
Dividends	544 000	0	600 000	0
Net Income	544 000	626 000	930 000	932 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 271 000	7 630 000	7 839 000	8 198 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 271 000	7 630 000	7 839 000	8 198 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 271 000	7 630 000	7 839 000	8 198 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 174 000	992 000	886 000	1 418 000
Total Current Assets	1 201 000	1 024 000	918 000	1 429 000
Total Assets	8 472 000	8 654 000	8 757 000	9 627 000
Total Equity	7 531 000	7 530 000	7 505 000	7 174 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	128 000	197 000	262 000	1 654 000
Creditors	33 000	19 000	2 000	2 000
Unpaid Taxes	59 000	59 000	57 000	54 000
Dividends	544 000	0	600 000	0
Other Current Debt	0	52 000	52 000	66 000
Total Current Debt	813 000	927 000	990 000	799 000
Total Equity and Debt	8 472 000	8 654 000	8 757 000	9 627 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,22 %	8,31 %	12,39 %	12,99 %
Debt-to-Equity Ratio	0,02	0,03	0,03	0,23
Operating Profit Margin	36,79 %	45,06 %	66,92 %	69,54 %
Current Ratio	1,48	1,1	0,93	1,79
Quick Ratio	1,48	1,1	0,93	1,79
Equity Ratio	0,89	0,87	0,86	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %