FRODE STRØM ALT I GLASS AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

29,61 %

Current Ratio

2,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 747 000	3 714 000	3 343 000	2 282 000
Net Income	363 000	533 000	245 000	347 000
Total Assets	1 980 000	1 938 000	1 369 000	1 110 000
Total Equity	1 226 000	863 000	1 030 000	785 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 747 000	3 714 000	3 343 000	2 282 000
Expenditure	3 281 000	3 024 000	3 021 000	1 845 000
Operating Profit	466 000	691 000	321 000	437 000
Financial Income	0	0	0	0
Financial Costs	2 000	8 000	8 000	3 000
Financial Balance	−2 000	−8 000	−8 000	−3 000
Earnings Before Tax	465 000	684 000	314 000	434 000
Tax	102 000	150 000	69 000	87 000
Net Income	363 000	533 000	245 000	347 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	28 000	35 000	44 000
Total Current Assets	1 957 000	1 910 000	1 334 000	1 066 000
Total Assets	1 980 000	1 938 000	1 369 000	1 110 000
Total Retained Equity	976 000	613 000	780 000	535 000
Total Equity	1 226 000	863 000	1 030 000	785 000
Total Long-Term Debt	1 000	2 000	2 000	2 000
Total Current Debt	753 000	1 073 000	337 000	323 000
Total Equity and Debt	1 980 000	1 938 000	1 369 000	1 110 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 747 000	3 714 000	3 343 000	2 282 000
Other Income	0	0	0	0
Revenue	3 747 000	3 714 000	3 343 000	2 282 000
Cost of Goods Sold	2 013 000	2 025 000	2 046 000	931 000
Salary Costs	960 000	706 000	702 000	627 000
Depreciation	6 000	7 000	9 000	11 000
Impairment	0	0	0	0
Expenditure	3 281 000	3 024 000	3 021 000	1 845 000
Operating Profit	466 000	691 000	321 000	437 000
Financial Income	0	0	0	0
Financial Costs	2 000	8 000	8 000	3 000
Financial Balance	−2 000	−8 000	−8 000	−3 000
Dividends	0	700 000	0	0
Net Income	363 000	533 000	245 000	347 000

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	22 000	28 000	35 000	44 000
Total Tangible Assets	22 000	28 000	35 000	44 000
Total Fiancial Fixed Assets	1 000	0	0	0
Total Fixed Assets	23 000	28 000	35 000	44 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 398 000	1 803 000	931 000	486 000
Total Current Assets	1 957 000	1 910 000	1 334 000	1 066 000
Total Assets	1 980 000	1 938 000	1 369 000	1 110 000
Total Equity	1 226 000	863 000	1 030 000	785 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	2 000	2 000	2 000
Creditors	221 000	147 000	101 000	68 000
Unpaid Taxes	273 000	122 000	108 000	114 000
Dividends	0	700 000	0	0
Other Current Debt	157 000	653 000	59 000	56 000
Total Current Debt	753 000	1 073 000	337 000	323 000
Total Equity and Debt	1 980 000	1 938 000	1 369 000	1 110 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,61 %	61,76 %	23,79 %	44,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,44 %	18,61 %	9,6 %	19,15 %
Current Ratio	2,6	1,78	3,96	3,3
Quick Ratio	2,6	1,78	3,96	3,3
Equity Ratio	0,62	0,45	0,75	0,71
Gross Profit Margin	46,28 %	45,48 %	38,8 %	59,2 %