FRØYLAND ELEKTRO AS

5515 HAUGESUND

Finances

Return on Equity

217,29 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 469 000	12 688 000	11 408 000	10 006 000
Net Income	1 810 000	2 600 000	2 672 000	1 520 000
Total Assets	4 807 000	5 930 000	5 625 000	4 249 000
Total Equity	833 000	823 000	823 000	752 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 469 000	12 688 000	11 408 000	10 006 000
Expenditure	10 210 000	9 429 000	7 988 000	8 049 000
Operating Profit	2 260 000	3 259 000	3 420 000	1 957 000
Financial Income	33 000	10 000	20 000	35 000
Financial Costs	2 000	2 000	4 000	2 000
Financial Balance	31 000	8 000	16 000	33 000
Earnings Before Tax	2 290 000	3 267 000	3 435 000	1 991 000
Tax	480 000	667 000	764 000	470 000
Net Income	1 810 000	2 600 000	2 672 000	1 520 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	508 000	335 000	16 000	21 000
Total Current Assets	4 299 000	5 595 000	5 609 000	4 228 000
Total Assets	4 807 000	5 930 000	5 625 000	4 249 000
Total Retained Equity	733 000	723 000	723 000	652 000
Total Equity	833 000	823 000	823 000	752 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 974 000	5 106 000	4 801 000	3 497 000
Total Equity and Debt	4 807 000	5 930 000	5 625 000	4 249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 469 000	12 630 000	11 400 000	10 006 000
Other Income	0	58 000	8 000	0
Revenue	12 469 000	12 688 000	11 408 000	10 006 000
Cost of Goods Sold	3 367 000	3 725 000	3 103 000	2 715 000
Salary Costs	5 016 000	4 150 000	3 522 000	3 728 000
Depreciation	130 000	48 000	5 000	111 000
Impairment	0	0	0	0
Expenditure	10 210 000	9 429 000	7 988 000	8 049 000
Operating Profit	2 260 000	3 259 000	3 420 000	1 957 000
Financial Income	33 000	10 000	20 000	35 000
Financial Costs	2 000	2 000	4 000	2 000
Financial Balance	31 000	8 000	16 000	33 000
Dividends	1 800 000	2 600 000	2 600 000	1 500 000
Net Income	1 810 000	2 600 000	2 672 000	1 520 000

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	32 000	0	0	0
Fixtures	474 000	334 000	15 000	20 000
Total Tangible Assets	507 000	334 000	15 000	20 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	508 000	335 000	16 000	21 000
Stock	594 000	820 000	771 000	413 000
Total Investments	0	0	0	0
Cash, Bank	2 104 000	1 743 000	3 361 000	2 387 000
Total Current Assets	4 299 000	5 595 000	5 609 000	4 228 000
Total Assets	4 807 000	5 930 000	5 625 000	4 249 000
Total Equity	833 000	823 000	823 000	752 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	273 000	405 000	267 000	296 000
Unpaid Taxes	843 000	921 000	667 000	715 000
Dividends	1 800 000	2 600 000	2 600 000	1 500 000
Other Current Debt	578 000	514 000	503 000	516 000
Total Current Debt	3 974 000	5 106 000	4 801 000	3 497 000
Total Equity and Debt	4 807 000	5 930 000	5 625 000	4 249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	217,29 %	315,92 %	324,67 %	202,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,12 %	25,69 %	29,98 %	19,56 %
Current Ratio	1,08	1,1	1,17	1,21
Quick Ratio	1,27	1,31	1,39	1,37
Equity Ratio	0,17	0,14	0,15	0,18
Gross Profit Margin	73 %	70,64 %	72,8 %	72,87 %