FRØLAND & NOSS ELEKTRO AS

5147 FYLLINGSDALEN

Finances

Share Ownership

Return on Equity

−24,08 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	153 462 000	135 786 000	119 461 000	163 186 000
Net Income	−7 812 000	−580 000	−4 527 000	8 448 000
Total Assets	68 644 000	58 394 000	53 441 000	62 948 000
Total Equity	32 436 000	30 281 000	23 799 000	28 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	153 462 000	135 786 000	119 461 000	163 186 000
Expenditure	163 447 000	136 478 000	125 142 000	152 288 000
Operating Profit	−9 985 000	−692 000	−5 682 000	10 897 000
Financial Income	7 000	3 000	23 000	114 000
Financial Costs	34 000	55 000	148 000	139 000
Financial Balance	−27 000	−52 000	−125 000	−25 000
Earnings Before Tax	−10 013 000	−744 000	−5 808 000	10 872 000
Tax	−2 201 000	−163 000	−1 280 000	2 424 000
Net Income	−7 812 000	−580 000	−4 527 000	8 448 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	163 000	69 000	81 000	72 000
Total Current Assets	68 480 000	58 325 000	53 360 000	62 876 000
Total Assets	68 644 000	58 394 000	53 441 000	62 948 000
Total Retained Equity	12 666 000	20 478 000	21 058 000	25 586 000
Total Equity	32 436 000	30 281 000	23 799 000	28 326 000
Total Long-Term Debt	3 290 000	2 680 000	851 000	2 924 000
Total Current Debt	32 917 000	25 434 000	28 791 000	31 698 000
Total Equity and Debt	68 644 000	58 394 000	53 441 000	62 948 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	153 208 000	135 520 000	118 821 000	162 945 000
Other Income	254 000	266 000	640 000	241 000
Revenue	153 462 000	135 786 000	119 461 000	163 186 000
Cost of Goods Sold	97 179 000	78 252 000	59 383 000	76 479 000
Salary Costs	56 504 000	48 750 000	56 876 000	65 408 000
Depreciation	45 000	77 000	73 000	452 000
Impairment	0	0	0	0
Expenditure	163 447 000	136 478 000	125 142 000	152 288 000
Operating Profit	−9 985 000	−692 000	−5 682 000	10 897 000
Financial Income	7 000	3 000	23 000	114 000
Financial Costs	34 000	55 000	148 000	139 000
Financial Balance	−27 000	−52 000	−125 000	−25 000
Dividends	0	0	0	10 000 000
Net Income	−7 812 000	−580 000	−4 527 000	8 448 000

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	161 000	67 000	79 000	69 000
Total Tangible Assets	161 000	67 000	79 000	69 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	163 000	69 000	81 000	72 000
Stock	85 000	123 000	100 000	37 000
Total Investments	0	0	0	0
Cash, Bank	1 971 000	1 556 000	1 655 000	2 348 000
Total Current Assets	68 480 000	58 325 000	53 360 000	62 876 000
Total Assets	68 644 000	58 394 000	53 441 000	62 948 000
Total Equity	32 436 000	30 281 000	23 799 000	28 326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 290 000	2 680 000	851 000	2 924 000
Creditors	9 504 000	7 803 000	5 737 000	6 659 000
Unpaid Taxes	7 868 000	5 841 000	6 752 000	6 994 000
Dividends	0	0	0	10 000 000
Other Current Debt	15 545 000	11 790 000	15 509 000	8 044 000
Total Current Debt	32 917 000	25 434 000	28 791 000	31 698 000
Total Equity and Debt	68 644 000	58 394 000	53 441 000	62 948 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,08 %	−1,92 %	−19,02 %	29,82 %
Debt-to-Equity Ratio	0,1	0,09	0,04	0,1
Operating Profit Margin	−6,51 %	−0,51 %	−4,76 %	6,68 %
Current Ratio	2,08	2,29	1,85	1,98
Quick Ratio	2,09	2,3	1,86	1,99
Equity Ratio	0,47	0,52	0,45	0,45
Gross Profit Margin	36,68 %	42,37 %	50,29 %	53,13 %