FRODE ISAKSEN

8140 INNDYR

Finances

Share Ownership

Return on Equity

277,3 %

Current Ratio

0,94

Debt-to-Equity Ratio

1,09

Key figures (NOK)	2021	2020	2017
Revenue	12 677 000	5 956 000	2 974 000
Net Income	6 353 000	628 000	1 003 000
Total Assets	6 628 000	4 326 000	3 887 000
Total Equity	2 291 000	−2 638 000	−1 496 000

Income (NOK)	2021	2020	2017
Revenue	12 677 000	5 956 000	2 974 000
Expenditure	6 210 000	5 025 000	1 670 000
Operating Profit	6 466 000	930 000	1 304 000
Financial Income	2 000	2 000	0
Financial Costs	115 000	304 000	300 000
Financial Balance	−113 000	−302 000	−300 000
Earnings Before Tax	6 353 000	628 000	1 003 000
Tax	0	0	0
Net Income	6 353 000	628 000	1 003 000

Balance (NOK)	2021	2020	2017
Total Fixed Assets	4 891 000	3 061 000	3 226 000
Total Current Assets	1 737 000	1 265 000	661 000
Total Assets	6 628 000	4 326 000	3 887 000
Total Retained Equity	2 291 000	−2 638 000	209 000
Total Equity	2 291 000	−2 638 000	−1 496 000
Total Long-Term Debt	2 487 000	5 241 000	4 703 000
Total Current Debt	1 850 000	1 723 000	680 000
Total Equity and Debt	6 628 000	4 326 000	3 887 000

Cash flow (NOK)	2021	2020	2017
Sales Income	7 362 000	5 241 000	2 272 000
Other Income	5 315 000	715 000	702 000
Revenue	12 677 000	5 956 000	2 974 000
Cost of Goods Sold	2 500 000	1 582 000	549 000
Salary Costs	1 690 000	1 016 000	99 000
Depreciation	140 000	162 000	116 000
Impairment	0	0	0
Expenditure	6 210 000	5 025 000	1 670 000
Operating Profit	6 466 000	930 000	1 304 000
Financial Income	2 000	2 000	0
Financial Costs	115 000	304 000	300 000
Financial Balance	−113 000	−302 000	−300 000
Dividends	0	0	0
Net Income	6 353 000	628 000	1 003 000

Balance details (NOK)	2021	2020	2017
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 330 000	2 680 000	2 755 000
Machinery and Plant Facilities	0	0	0
Fixtures	246 000	366 000	368 000
Total Tangible Assets	2 576 000	3 046 000	3 123 000
Total Fiancial Fixed Assets	2 315 000	15 000	103 000
Total Fixed Assets	4 891 000	3 061 000	3 226 000
Stock	529 000	277 000	0
Total Investments	0	0	0
Cash, Bank	32 000	13 000	0
Total Current Assets	1 737 000	1 265 000	661 000
Total Assets	6 628 000	4 326 000	3 887 000
Total Equity	2 291 000	−2 638 000	−1 496 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 487 000	5 241 000	4 703 000
Creditors	218 000	609 000	156 000
Unpaid Taxes	222 000	294 000	33 000
Dividends	0	0	0
Other Current Debt	316 000	199 000	50 000
Total Current Debt	1 850 000	1 723 000	680 000
Total Equity and Debt	6 628 000	4 326 000	3 887 000

Financial indicators	2021	2020	2017
Return on Equity	277,3 %	−23,81 %	−67,05 %
Debt-to-Equity Ratio	1,09	−1,99	−3,14
Operating Profit Margin	51,01 %	15,61 %	43,85 %
Current Ratio	0,94	0,73	0,97
Quick Ratio	1,31	0,87	0,97
Equity Ratio	0,35	−0,61	−0,38
Gross Profit Margin	80,28 %	73,44 %	81,54 %