FROSTA LEFSEBAKERI AS

7633 FROSTA

Finances

Return on Equity

1,09 %

Current Ratio

3,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 720 000	5 020 000	5 127 000	4 383 000
Net Income	18 000	320 000	194 000	51 000
Total Assets	2 316 000	2 013 000	1 707 000	1 443 000
Total Equity	1 648 000	1 630 000	1 311 000	1 117 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 720 000	5 020 000	5 127 000	4 383 000
Expenditure	4 706 000	4 690 000	4 925 000	4 327 000
Operating Profit	14 000	330 000	201 000	56 000
Financial Income	17 000	0	1 000	2 000
Financial Costs	8 000	7 000	8 000	6 000
Financial Balance	9 000	−7 000	−7 000	−4 000
Earnings Before Tax	23 000	323 000	194 000	51 000
Tax	6 000	4 000	0	0
Net Income	18 000	320 000	194 000	51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	10 000	33 000	90 000
Total Current Assets	2 306 000	2 003 000	1 674 000	1 353 000
Total Assets	2 316 000	2 013 000	1 707 000	1 443 000
Total Retained Equity	1 548 000	1 530 000	1 211 000	1 017 000
Total Equity	1 648 000	1 630 000	1 311 000	1 117 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	668 000	383 000	397 000	327 000
Total Equity and Debt	2 316 000	2 013 000	1 707 000	1 443 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 448 000	4 768 000	4 877 000	4 132 000
Other Income	272 000	252 000	250 000	251 000
Revenue	4 720 000	5 020 000	5 127 000	4 383 000
Cost of Goods Sold	1 630 000	1 651 000	1 722 000	1 435 000
Salary Costs	1 827 000	1 910 000	1 884 000	1 699 000
Depreciation	0	23 000	57 000	57 000
Impairment	0	0	0	0
Expenditure	4 706 000	4 690 000	4 925 000	4 327 000
Operating Profit	14 000	330 000	201 000	56 000
Financial Income	17 000	0	1 000	2 000
Financial Costs	8 000	7 000	8 000	6 000
Financial Balance	9 000	−7 000	−7 000	−4 000
Dividends	0	0	0	0
Net Income	18 000	320 000	194 000	51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	23 000	80 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	23 000	80 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	10 000	10 000	33 000	90 000
Stock	469 000	542 000	356 000	384 000
Total Investments	0	0	0	0
Cash, Bank	1 144 000	932 000	682 000	512 000
Total Current Assets	2 306 000	2 003 000	1 674 000	1 353 000
Total Assets	2 316 000	2 013 000	1 707 000	1 443 000
Total Equity	1 648 000	1 630 000	1 311 000	1 117 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	354 000	82 000	83 000	65 000
Unpaid Taxes	87 000	114 000	131 000	78 000
Dividends	0	0	0	0
Other Current Debt	222 000	183 000	183 000	183 000
Total Current Debt	668 000	383 000	397 000	327 000
Total Equity and Debt	2 316 000	2 013 000	1 707 000	1 443 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,09 %	19,63 %	14,8 %	4,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,3 %	6,57 %	3,92 %	1,28 %
Current Ratio	3,45	5,23	4,22	4,14
Quick Ratio	11,59	−12,6	40,83	−23,74
Equity Ratio	0,71	0,81	0,77	0,77
Gross Profit Margin	65,47 %	67,11 %	66,41 %	67,26 %