ENTREPRENØRFIRMA FRODE OLSSON AS

4017 STAVANGER

Finances

Return on Equity

19,9 %

Current Ratio

1,59

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 311 000	26 422 000	20 085 000	22 704 000
Net Income	471 000	740 000	64 000	151 000
Total Assets	9 183 000	11 013 000	9 352 000	9 230 000
Total Equity	2 367 000	3 044 000	3 304 000	3 240 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 311 000	26 422 000	20 085 000	22 704 000
Expenditure	19 766 000	25 115 000	20 184 000	23 267 000
Operating Profit	744 000	1 049 000	171 000	295 000
Financial Income	1 000	2 000	2 000	6 000
Financial Costs	126 000	96 000	76 000	100 000
Financial Balance	−125 000	−94 000	−74 000	−94 000
Earnings Before Tax	619 000	954 000	97 000	201 000
Tax	147 000	214 000	33 000	50 000
Net Income	471 000	740 000	64 000	151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 373 000	3 574 000	2 990 000	2 887 000
Total Current Assets	5 810 000	7 440 000	6 363 000	6 343 000
Total Assets	9 183 000	11 013 000	9 352 000	9 230 000
Total Retained Equity	1 817 000	2 494 000	2 754 000	2 690 000
Total Equity	2 367 000	3 044 000	3 304 000	3 240 000
Total Long-Term Debt	3 168 000	3 626 000	2 728 000	2 342 000
Total Current Debt	3 648 000	4 343 000	3 320 000	3 648 000
Total Equity and Debt	9 183 000	11 013 000	9 352 000	9 230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 311 000	26 422 000	20 085 000	22 704 000
Other Income	0	0	0	0
Revenue	21 311 000	26 422 000	20 085 000	22 704 000
Cost of Goods Sold	7 221 000	11 502 000	8 529 000	9 539 000
Salary Costs	9 069 000	9 575 000	8 406 000	10 296 000
Depreciation	537 000	612 000	710 000	699 000
Impairment	0	0	0	0
Expenditure	19 766 000	25 115 000	20 184 000	23 267 000
Operating Profit	744 000	1 049 000	171 000	295 000
Financial Income	1 000	2 000	2 000	6 000
Financial Costs	126 000	96 000	76 000	100 000
Financial Balance	−125 000	−94 000	−74 000	−94 000
Dividends	0	0	0	0
Net Income	471 000	740 000	64 000	151 000

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	0	0	0	0
Fixtures	3 289 000	3 478 000	2 882 000	2 887 000
Total Tangible Assets	3 373 000	3 574 000	2 990 000	2 887 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 373 000	3 574 000	2 990 000	2 887 000
Stock	403 000	410 000	390 000	490 000
Total Investments	0	0	0	0
Cash, Bank	2 778 000	2 888 000	2 309 000	2 062 000
Total Current Assets	5 810 000	7 440 000	6 363 000	6 343 000
Total Assets	9 183 000	11 013 000	9 352 000	9 230 000
Total Equity	2 367 000	3 044 000	3 304 000	3 240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 168 000	3 626 000	2 728 000	2 342 000
Creditors	840 000	1 531 000	920 000	591 000
Unpaid Taxes	1 103 000	1 097 000	745 000	1 231 000
Dividends	0	0	0	0
Other Current Debt	1 705 000	1 715 000	1 453 000	1 600 000
Total Current Debt	3 648 000	4 343 000	3 320 000	3 648 000
Total Equity and Debt	9 183 000	11 013 000	9 352 000	9 230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,9 %	24,31 %	1,94 %	4,66 %
Debt-to-Equity Ratio	1,34	1,19	0,83	0,72
Operating Profit Margin	3,49 %	3,97 %	0,85 %	1,3 %
Current Ratio	1,59	1,71	1,92	1,74
Quick Ratio	1,79	1,89	2,17	2,01
Equity Ratio	0,26	0,28	0,35	0,35
Gross Profit Margin	66,12 %	56,47 %	57,54 %	57,99 %