FRENO AS

9018 TROMSØ

Finances

Share Ownership

Return on Equity

93,51 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 520 000	25 433 000	23 765 000	18 782 000
Net Income	2 765 000	2 053 000	2 036 000	430 000
Total Assets	8 627 000	8 382 000	7 641 000	5 466 000
Total Equity	2 957 000	2 592 000	2 539 000	1 503 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 520 000	25 433 000	23 765 000	18 782 000
Expenditure	24 958 000	22 784 000	21 141 000	18 206 000
Operating Profit	3 560 000	2 649 000	2 624 000	575 000
Financial Income	4 000	1 000	9 000	10 000
Financial Costs	19 000	18 000	22 000	31 000
Financial Balance	−15 000	−17 000	−13 000	−21 000
Earnings Before Tax	3 545 000	2 632 000	2 611 000	554 000
Tax	780 000	579 000	575 000	124 000
Net Income	2 765 000	2 053 000	2 036 000	430 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	283 000	272 000	173 000	229 000
Total Current Assets	8 344 000	8 110 000	7 468 000	5 237 000
Total Assets	8 627 000	8 382 000	7 641 000	5 466 000
Total Retained Equity	2 803 000	2 438 000	2 385 000	1 349 000
Total Equity	2 957 000	2 592 000	2 539 000	1 503 000
Total Long-Term Debt	119 000	30 000	25 000	34 000
Total Current Debt	5 551 000	5 760 000	5 077 000	3 929 000
Total Equity and Debt	8 627 000	8 382 000	7 641 000	5 466 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 813 000	25 383 000	23 765 000	18 799 000
Other Income	707 000	50 000	0	−17 000
Revenue	28 520 000	25 433 000	23 765 000	18 782 000
Cost of Goods Sold	551 000	76 000	674 000	240 000
Salary Costs	14 915 000	14 181 000	11 927 000	10 845 000
Depreciation	50 000	68 000	71 000	67 000
Impairment	0	0	0	0
Expenditure	24 958 000	22 784 000	21 141 000	18 206 000
Operating Profit	3 560 000	2 649 000	2 624 000	575 000
Financial Income	4 000	1 000	9 000	10 000
Financial Costs	19 000	18 000	22 000	31 000
Financial Balance	−15 000	−17 000	−13 000	−21 000
Dividends	0	0	0	0
Net Income	2 765 000	2 053 000	2 036 000	430 000

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	75 000	87 000	99 000	88 000
Fixtures	207 000	185 000	75 000	134 000
Total Tangible Assets	283 000	272 000	173 000	222 000
Total Fiancial Fixed Assets	0	0	0	7 000
Total Fixed Assets	283 000	272 000	173 000	229 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 673 000	2 641 000	2 392 000	1 607 000
Total Current Assets	8 344 000	8 110 000	7 468 000	5 237 000
Total Assets	8 627 000	8 382 000	7 641 000	5 466 000
Total Equity	2 957 000	2 592 000	2 539 000	1 503 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	119 000	30 000	25 000	34 000
Creditors	778 000	869 000	857 000	680 000
Unpaid Taxes	1 868 000	2 036 000	1 768 000	1 427 000
Dividends	0	0	0	0
Other Current Debt	2 222 000	2 274 000	1 868 000	1 688 000
Total Current Debt	5 551 000	5 760 000	5 077 000	3 929 000
Total Equity and Debt	8 627 000	8 382 000	7 641 000	5 466 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,51 %	79,21 %	80,19 %	28,61 %
Debt-to-Equity Ratio	0,04	0,01	0,01	0,02
Operating Profit Margin	12,48 %	10,42 %	11,04 %	3,06 %
Current Ratio	1,5	1,41	1,47	1,33
Quick Ratio	1,5	1,41	1,47	1,33
Equity Ratio	0,34	0,31	0,33	0,27
Gross Profit Margin	98,07 %	99,7 %	97,16 %	98,72 %