FROLAND UTBYGGINGSSELSKAP AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

20,84 %

Current Ratio

2,69

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 832 000	277 000	2 686 000	9 273 000
Net Income	504 000	260 000	749 000	2 640 000
Total Assets	4 846 000	5 691 000	7 117 000	10 398 000
Total Equity	2 419 000	4 267 000	4 522 000	8 787 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 832 000	277 000	2 686 000	9 273 000
Expenditure	1 630 000	−14 000	1 714 000	5 836 000
Operating Profit	203 000	290 000	971 000	3 438 000
Financial Income	358 000	43 000	22 000	7 000
Financial Costs	1 000	0	32 000	61 000
Financial Balance	357 000	43 000	−10 000	−54 000
Earnings Before Tax	560 000	333 000	960 000	3 384 000
Tax	56 000	73 000	211 000	745 000
Net Income	504 000	260 000	749 000	2 640 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	180 000	180 000	150 000	400 000
Total Current Assets	4 666 000	5 511 000	6 967 000	9 998 000
Total Assets	4 846 000	5 691 000	7 117 000	10 398 000
Total Retained Equity	910 000	2 806 000	3 060 000	7 325 000
Total Equity	2 419 000	4 267 000	4 522 000	8 787 000
Total Long-Term Debt	690 000	782 000	848 000	828 000
Total Current Debt	1 736 000	642 000	1 746 000	783 000
Total Equity and Debt	4 846 000	5 691 000	7 117 000	10 398 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 300 000	61 000	502 000	4 053 000
Other Income	532 000	216 000	2 184 000	5 221 000
Revenue	1 832 000	277 000	2 686 000	9 273 000
Cost of Goods Sold	1 151 000	99 000	441 000	1 934 000
Salary Costs	335 000	276 000	474 000	1 891 000
Depreciation	0	0	0	62 000
Impairment	0	0	0	0
Expenditure	1 630 000	−14 000	1 714 000	5 836 000
Operating Profit	203 000	290 000	971 000	3 438 000
Financial Income	358 000	43 000	22 000	7 000
Financial Costs	1 000	0	32 000	61 000
Financial Balance	357 000	43 000	−10 000	−54 000
Dividends	2 400 000	0	4 000 000	0
Net Income	504 000	260 000	749 000	2 640 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	180 000	180 000	150 000	150 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	250 000
Total Tangible Assets	180 000	180 000	150 000	400 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	180 000	180 000	150 000	400 000
Stock	0	0	24 000	40 000
Total Investments	0	0	0	0
Cash, Bank	4 649 000	5 449 000	5 666 000	2 003 000
Total Current Assets	4 666 000	5 511 000	6 967 000	9 998 000
Total Assets	4 846 000	5 691 000	7 117 000	10 398 000
Total Equity	2 419 000	4 267 000	4 522 000	8 787 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	690 000	782 000	848 000	828 000
Creditors	9 000	9 000	15 000	146 000
Unpaid Taxes	74 000	64 000	265 000	242 000
Dividends	2 400 000	0	4 000 000	0
Other Current Debt	306 000	434 000	1 373 000	396 000
Total Current Debt	1 736 000	642 000	1 746 000	783 000
Total Equity and Debt	4 846 000	5 691 000	7 117 000	10 398 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,84 %	6,09 %	16,56 %	30,04 %
Debt-to-Equity Ratio	0,29	0,18	0,19	0,09
Operating Profit Margin	11,08 %	104,69 %	36,15 %	37,08 %
Current Ratio	2,69	8,58	3,99	12,77
Quick Ratio	2,69	8,58	4,05	13,46
Equity Ratio	0,5	0,75	0,64	0,85
Gross Profit Margin	37,17 %	64,26 %	83,58 %	79,14 %