FRITZØE ENGROS AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

24,85 %

Current Ratio

3,01

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 246 378 000	1 113 170 000	847 899 000	745 738 000
Net Income	94 469 000	89 407 000	54 021 000	41 250 000
Total Assets	589 448 000	552 908 000	354 373 000	310 287 000
Total Equity	380 098 000	325 629 000	202 222 000	166 101 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 246 378 000	1 113 170 000	847 899 000	745 738 000
Expenditure	1 122 012 000	997 718 000	777 853 000	692 131 000
Operating Profit	124 366 000	115 452 000	70 047 000	53 607 000
Financial Income	324 000	1 109 000	302 000	346 000
Financial Costs	2 242 000	782 000	485 000	892 000
Financial Balance	−1 918 000	327 000	−183 000	−546 000
Earnings Before Tax	122 448 000	115 779 000	69 863 000	53 060 000
Tax	27 979 000	26 372 000	15 842 000	11 810 000
Net Income	94 469 000	89 407 000	54 021 000	41 250 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 367 000	48 369 000	25 897 000	25 920 000
Total Current Assets	540 082 000	504 539 000	328 476 000	284 366 000
Total Assets	589 448 000	552 908 000	354 373 000	310 287 000
Total Retained Equity	206 163 000	194 594 000	146 527 000	135 406 000
Total Equity	380 098 000	325 629 000	202 222 000	166 101 000
Total Long-Term Debt	30 000 000	30 000 000	12 718 000	25 870 000
Total Current Debt	179 351 000	197 279 000	139 434 000	118 316 000
Total Equity and Debt	589 448 000	552 908 000	354 373 000	310 287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 246 291 000	1 113 133 000	847 874 000	745 578 000
Other Income	87 000	37 000	25 000	160 000
Revenue	1 246 378 000	1 113 170 000	847 899 000	745 738 000
Cost of Goods Sold	942 045 000	831 896 000	643 170 000	569 384 000
Salary Costs	88 735 000	80 643 000	62 952 000	55 419 000
Depreciation	8 981 000	8 902 000	7 581 000	6 993 000
Impairment	0	0	0	0
Expenditure	1 122 012 000	997 718 000	777 853 000	692 131 000
Operating Profit	124 366 000	115 452 000	70 047 000	53 607 000
Financial Income	324 000	1 109 000	302 000	346 000
Financial Costs	2 242 000	782 000	485 000	892 000
Financial Balance	−1 918 000	327 000	−183 000	−546 000
Dividends	0	0	0	0
Net Income	94 469 000	89 407 000	54 021 000	41 250 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	25 113 000	28 248 000	11 152 000	13 276 000
Total Intangible Assets	34 044 000	33 474 000	14 167 000	16 790 000
Real Eastate	6 263 000	6 146 000	6 313 000	3 801 000
Machinery and Plant Facilities	3 489 000	3 132 000	1 935 000	2 785 000
Fixtures	5 570 000	5 616 000	2 653 000	2 544 000
Total Tangible Assets	15 323 000	14 895 000	10 901 000	9 130 000
Total Fiancial Fixed Assets	0	0	829 000	0
Total Fixed Assets	49 367 000	48 369 000	25 897 000	25 920 000
Stock	303 029 000	237 962 000	113 025 000	137 152 000
Total Investments	0	0	0	0
Cash, Bank	3 810 000	3 435 000	3 045 000	2 852 000
Total Current Assets	540 082 000	504 539 000	328 476 000	284 366 000
Total Assets	589 448 000	552 908 000	354 373 000	310 287 000
Total Equity	380 098 000	325 629 000	202 222 000	166 101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 000 000	30 000 000	12 718 000	25 870 000
Creditors	38 699 000	51 802 000	20 776 000	18 125 000
Unpaid Taxes	36 739 000	36 076 000	32 276 000	24 179 000
Dividends	0	0	0	0
Other Current Debt	85 271 000	93 686 000	82 174 000	76 011 000
Total Current Debt	179 351 000	197 279 000	139 434 000	118 316 000
Total Equity and Debt	589 448 000	552 908 000	354 373 000	310 287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,85 %	27,46 %	26,71 %	24,83 %
Debt-to-Equity Ratio	0,08	0,09	0,06	0,16
Operating Profit Margin	9,98 %	10,37 %	8,26 %	7,19 %
Current Ratio	3,01	2,56	2,36	2,4
Quick Ratio	−4,37	−12,4	12,44	−15,1
Equity Ratio	0,64	0,59	0,57	0,54
Gross Profit Margin	24,42 %	25,27 %	24,15 %	23,65 %