FRIESTAD KJØKKEN & INTERIØR AS

4250 KOPERVIK

Finances

Return on Equity

26,82 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 481 000	19 759 000	16 568 000	18 129 000
Net Income	955 000	1 044 000	589 000	496 000
Total Assets	9 545 000	8 715 000	5 844 000	8 889 000
Total Equity	3 561 000	2 959 000	2 273 000	1 902 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 481 000	19 759 000	16 568 000	18 129 000
Expenditure	21 226 000	18 388 000	15 773 000	17 462 000
Operating Profit	1 254 000	1 372 000	795 000	666 000
Financial Income	3 000	1 000	1 000	16 000
Financial Costs	33 000	34 000	41 000	43 000
Financial Balance	−30 000	−33 000	−40 000	−27 000
Earnings Before Tax	1 224 000	1 339 000	756 000	639 000
Tax	269 000	295 000	167 000	143 000
Net Income	955 000	1 044 000	589 000	496 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	241 000	274 000	254 000	348 000
Total Current Assets	9 304 000	8 441 000	5 591 000	8 541 000
Total Assets	9 545 000	8 715 000	5 844 000	8 889 000
Total Retained Equity	3 061 000	2 459 000	1 773 000	1 402 000
Total Equity	3 561 000	2 959 000	2 273 000	1 902 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 984 000	5 756 000	3 571 000	6 987 000
Total Equity and Debt	9 545 000	8 715 000	5 844 000	8 889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 442 000	19 759 000	16 568 000	18 129 000
Other Income	39 000	0	0	0
Revenue	22 481 000	19 759 000	16 568 000	18 129 000
Cost of Goods Sold	15 090 000	12 164 000	10 610 000	11 674 000
Salary Costs	3 921 000	3 853 000	2 840 000	3 509 000
Depreciation	63 000	60 000	38 000	31 000
Impairment	0	0	0	0
Expenditure	21 226 000	18 388 000	15 773 000	17 462 000
Operating Profit	1 254 000	1 372 000	795 000	666 000
Financial Income	3 000	1 000	1 000	16 000
Financial Costs	33 000	34 000	41 000	43 000
Financial Balance	−30 000	−33 000	−40 000	−27 000
Dividends	300 000	300 000	150 000	0
Net Income	955 000	1 044 000	589 000	496 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	10 000	12 000	136 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	169 000	216 000	181 000	212 000
Fixtures	72 000	48 000	61 000	0
Total Tangible Assets	241 000	264 000	242 000	212 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	241 000	274 000	254 000	348 000
Stock	5 269 000	4 755 000	3 253 000	3 507 000
Total Investments	0	0	0	0
Cash, Bank	2 491 000	1 666 000	1 335 000	100 000
Total Current Assets	9 304 000	8 441 000	5 591 000	8 541 000
Total Assets	9 545 000	8 715 000	5 844 000	8 889 000
Total Equity	3 561 000	2 959 000	2 273 000	1 902 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 450 000	1 853 000	657 000	2 655 000
Unpaid Taxes	335 000	244 000	137 000	763 000
Dividends	300 000	300 000	150 000	0
Other Current Debt	2 567 000	2 946 000	2 415 000	2 986 000
Total Current Debt	5 984 000	5 756 000	3 571 000	6 987 000
Total Equity and Debt	9 545 000	8 715 000	5 844 000	8 889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,82 %	35,28 %	25,91 %	26,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,58 %	6,94 %	4,8 %	3,67 %
Current Ratio	1,55	1,47	1,57	1,22
Quick Ratio	13,01	8,43	17,58	2,45
Equity Ratio	0,37	0,34	0,39	0,21
Gross Profit Margin	32,88 %	38,44 %	35,96 %	35,61 %