FRIZEN AS

4633 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

17,66 %

Current Ratio

3,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 712 000	25 351 000	35 356 000	33 840 000
Net Income	918 000	3 239 000	4 949 000	5 646 000
Total Assets	7 638 000	12 055 000	9 990 000	18 802 000
Total Equity	5 197 000	5 191 000	5 208 000	10 618 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 712 000	25 351 000	35 356 000	33 840 000
Expenditure	18 528 000	21 191 000	28 993 000	26 554 000
Operating Profit	1 184 000	4 161 000	6 363 000	7 285 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	10 000	9 000	12 000	30 000
Financial Balance	−7 000	−9 000	−11 000	−29 000
Earnings Before Tax	1 177 000	4 153 000	6 352 000	7 256 000
Tax	259 000	914 000	1 403 000	1 610 000
Net Income	918 000	3 239 000	4 949 000	5 646 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	231 000	157 000	168 000	146 000
Total Current Assets	7 407 000	11 898 000	9 823 000	18 657 000
Total Assets	7 638 000	12 055 000	9 990 000	18 802 000
Total Retained Equity	4 561 000	4 554 000	4 571 000	9 981 000
Total Equity	5 197 000	5 191 000	5 208 000	10 618 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 440 000	6 864 000	4 782 000	8 185 000
Total Equity and Debt	7 638 000	12 055 000	9 990 000	18 802 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 712 000	25 351 000	35 356 000	33 840 000
Other Income	0	0	0	0
Revenue	19 712 000	25 351 000	35 356 000	33 840 000
Cost of Goods Sold	11 420 000	13 903 000	21 611 000	18 614 000
Salary Costs	4 228 000	4 849 000	4 763 000	5 029 000
Depreciation	22 000	15 000	14 000	8 000
Impairment	0	0	0	0
Expenditure	18 528 000	21 191 000	28 993 000	26 554 000
Operating Profit	1 184 000	4 161 000	6 363 000	7 285 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	10 000	9 000	12 000	30 000
Financial Balance	−7 000	−9 000	−11 000	−29 000
Dividends	0	0	0	0
Net Income	918 000	3 239 000	4 949 000	5 646 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	97 000	99 000	95 000	111 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	134 000	58 000	73 000	35 000
Total Tangible Assets	134 000	58 000	73 000	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	231 000	157 000	168 000	146 000
Stock	1 405 000	630 000	1 113 000	691 000
Total Investments	0	0	0	0
Cash, Bank	277 000	306 000	338 000	1 330 000
Total Current Assets	7 407 000	11 898 000	9 823 000	18 657 000
Total Assets	7 638 000	12 055 000	9 990 000	18 802 000
Total Equity	5 197 000	5 191 000	5 208 000	10 618 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	262 000	871 000	315 000	737 000
Unpaid Taxes	681 000	1 429 000	1 815 000	2 334 000
Dividends	0	0	0	0
Other Current Debt	1 497 000	4 564 000	1 395 000	3 827 000
Total Current Debt	2 440 000	6 864 000	4 782 000	8 185 000
Total Equity and Debt	7 638 000	12 055 000	9 990 000	18 802 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,66 %	62,4 %	95,03 %	53,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,01 %	16,41 %	18 %	21,53 %
Current Ratio	3,04	1,73	2,05	2,28
Quick Ratio	7,16	1,91	2,68	2,49
Equity Ratio	0,68	0,43	0,52	0,56
Gross Profit Margin	42,07 %	45,16 %	38,88 %	44,99 %