FREDRIKSTAD METALLINDUSTRI AS

1621 GRESSVIK

Finances

Share Ownership

Return on Equity

28,29 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 575 000	3 940 000	2 535 000	3 142 000
Net Income	600 000	157 000	−33 000	467 000
Total Assets	3 917 000	3 719 000	4 397 000	3 643 000
Total Equity	2 121 000	1 821 000	2 743 000	2 975 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 575 000	3 940 000	2 535 000	3 142 000
Expenditure	3 756 000	3 693 000	2 578 000	2 560 000
Operating Profit	820 000	247 000	−43 000	583 000
Financial Income	0	1 000	8 000	15 000
Financial Costs	51 000	46 000	7 000	0
Financial Balance	−51 000	−45 000	1 000	15 000
Earnings Before Tax	769 000	201 000	−42 000	598 000
Tax	169 000	44 000	−9 000	132 000
Net Income	600 000	157 000	−33 000	467 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 182 000	2 936 000	3 038 000	1 552 000
Total Current Assets	735 000	783 000	1 358 000	2 091 000
Total Assets	3 917 000	3 719 000	4 397 000	3 643 000
Total Retained Equity	1 869 000	1 569 000	2 491 000	2 723 000
Total Equity	2 121 000	1 821 000	2 743 000	2 975 000
Total Long-Term Debt	1 259 000	1 355 000	1 359 000	168 000
Total Current Debt	538 000	543 000	295 000	499 000
Total Equity and Debt	3 917 000	3 719 000	4 397 000	3 643 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 575 000	3 937 000	2 535 000	3 040 000
Other Income	0	3 000	0	102 000
Revenue	4 575 000	3 940 000	2 535 000	3 142 000
Cost of Goods Sold	1 122 000	1 118 000	630 000	667 000
Salary Costs	1 603 000	1 552 000	1 170 000	1 109 000
Depreciation	259 000	252 000	111 000	172 000
Impairment	0	0	0	0
Expenditure	3 756 000	3 693 000	2 578 000	2 560 000
Operating Profit	820 000	247 000	−43 000	583 000
Financial Income	0	1 000	8 000	15 000
Financial Costs	51 000	46 000	7 000	0
Financial Balance	−51 000	−45 000	1 000	15 000
Dividends	300 000	1 079 000	200 000	400 000
Net Income	600 000	157 000	−33 000	467 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 673 000	1 225 000	1 276 000	1 327 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 509 000	1 711 000	1 762 000	224 000
Total Tangible Assets	3 182 000	2 936 000	3 038 000	1 552 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 182 000	2 936 000	3 038 000	1 552 000
Stock	269 000	273 000	110 000	140 000
Total Investments	0	0	0	0
Cash, Bank	209 000	152 000	556 000	1 414 000
Total Current Assets	735 000	783 000	1 358 000	2 091 000
Total Assets	3 917 000	3 719 000	4 397 000	3 643 000
Total Equity	2 121 000	1 821 000	2 743 000	2 975 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 259 000	1 355 000	1 359 000	168 000
Creditors	104 000	191 000	118 000	122 000
Unpaid Taxes	107 000	165 000	76 000	111 000
Dividends	300 000	1 079 000	200 000	400 000
Other Current Debt	162 000	149 000	101 000	101 000
Total Current Debt	538 000	543 000	295 000	499 000
Total Equity and Debt	3 917 000	3 719 000	4 397 000	3 643 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,29 %	8,62 %	−1,2 %	15,7 %
Debt-to-Equity Ratio	0,59	0,74	0,5	0,06
Operating Profit Margin	17,92 %	6,27 %	−1,7 %	18,56 %
Current Ratio	1,37	1,44	4,6	4,19
Quick Ratio	2,73	2,9	7,34	5,82
Equity Ratio	0,54	0,49	0,62	0,82
Gross Profit Margin	75,48 %	71,62 %	75,15 %	78,77 %