FRICO AS

3176 UNDRUMSDAL

Finances

Share Ownership

Return on Equity

−40,91 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 652 000	52 175 000	42 496 000	65 000 000
Net Income	−2 140 000	−1 363 000	−6 117 000	−5 588 000
Total Assets	33 344 000	20 679 000	19 213 000	31 330 000
Total Equity	5 231 000	5 307 000	5 220 000	8 646 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 652 000	52 175 000	42 496 000	65 000 000
Expenditure	65 338 000	53 809 000	50 037 000	72 090 000
Operating Profit	−2 685 000	−1 632 000	−7 542 000	−7 090 000
Financial Income	97 000	68 000	117 000	193 000
Financial Costs	149 000	171 000	413 000	256 000
Financial Balance	−52 000	−103 000	−296 000	−63 000
Earnings Before Tax	−2 737 000	−1 735 000	−7 837 000	−7 153 000
Tax	−598 000	−372 000	−1 720 000	−1 566 000
Net Income	−2 140 000	−1 363 000	−6 117 000	−5 588 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 779 000	1 951 000	1 957 000	1 326 000
Total Current Assets	31 565 000	18 728 000	17 256 000	30 003 000
Total Assets	33 344 000	20 679 000	19 213 000	31 330 000
Total Retained Equity	4 835 000	4 911 000	4 824 000	8 250 000
Total Equity	5 231 000	5 307 000	5 220 000	8 646 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	28 113 000	15 372 000	13 993 000	22 684 000
Total Equity and Debt	33 344 000	20 679 000	19 213 000	31 330 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 652 000	52 175 000	42 490 000	65 230 000
Other Income	0	0	6 000	−230 000
Revenue	62 652 000	52 175 000	42 496 000	65 000 000
Cost of Goods Sold	26 599 000	19 226 000	14 346 000	26 055 000
Salary Costs	22 919 000	22 065 000	21 068 000	27 360 000
Depreciation	187 000	185 000	319 000	340 000
Impairment	0	0	0	0
Expenditure	65 338 000	53 809 000	50 037 000	72 090 000
Operating Profit	−2 685 000	−1 632 000	−7 542 000	−7 090 000
Financial Income	97 000	68 000	117 000	193 000
Financial Costs	149 000	171 000	413 000	256 000
Financial Balance	−52 000	−103 000	−296 000	−63 000
Dividends	0	0	0	0
Net Income	−2 140 000	−1 363 000	−6 117 000	−5 588 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 507 000	1 491 000	1 528 000	578 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 000	11 000	23 000	40 000
Fixtures	270 000	448 000	406 000	708 000
Total Tangible Assets	272 000	460 000	429 000	748 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 779 000	1 951 000	1 957 000	1 326 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 042 000	7 869 000	2 408 000	3 027 000
Total Current Assets	31 565 000	18 728 000	17 256 000	30 003 000
Total Assets	33 344 000	20 679 000	19 213 000	31 330 000
Total Equity	5 231 000	5 307 000	5 220 000	8 646 000
Short-Term Group Debt	8 266 000	7 000 000	7 659 000	14 000 000
Total Long-Term Debt	0	0	0	0
Creditors	15 032 000	3 680 000	1 245 000	2 208 000
Unpaid Taxes	2 498 000	2 341 000	2 780 000	3 283 000
Dividends	0	0	0	0
Other Current Debt	2 318 000	2 350 000	2 309 000	3 193 000
Total Current Debt	28 113 000	15 372 000	13 993 000	22 684 000
Total Equity and Debt	33 344 000	20 679 000	19 213 000	31 330 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,91 %	−25,68 %	−117,18 %	−64,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,29 %	−3,13 %	−17,75 %	−10,91 %
Current Ratio	1,12	1,22	1,23	1,32
Quick Ratio	1,12	1,22	1,23	1,32
Equity Ratio	0,16	0,26	0,27	0,28
Gross Profit Margin	57,54 %	63,15 %	66,24 %	59,92 %