FRØYA RØR OG SVEISESERVICE AS

7266 KVERVA

Finances

Return on Equity

11,75 %

Current Ratio

5,96

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 674 000	4 674 000	4 989 000	3 685 000
Net Income	715 000	503 000	741 000	463 000
Total Assets	7 236 000	6 439 000	6 344 000	4 863 000
Total Equity	6 084 000	5 369 000	4 866 000	4 225 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 674 000	4 674 000	4 989 000	3 685 000
Expenditure	3 877 000	4 022 000	4 142 000	3 151 000
Operating Profit	847 000	599 000	887 000	541 000
Financial Income	65 000	41 000	57 000	51 000
Financial Costs	0	0	1 000	0
Financial Balance	65 000	41 000	56 000	51 000
Earnings Before Tax	912 000	639 000	943 000	592 000
Tax	196 000	136 000	202 000	129 000
Net Income	715 000	503 000	741 000	463 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	677 000	810 000	950 000	322 000
Total Current Assets	6 559 000	5 629 000	5 394 000	4 541 000
Total Assets	7 236 000	6 439 000	6 344 000	4 863 000
Total Retained Equity	5 984 000	5 269 000	4 766 000	4 125 000
Total Equity	6 084 000	5 369 000	4 866 000	4 225 000
Total Long-Term Debt	52 000	52 000	44 000	13 000
Total Current Debt	1 100 000	1 018 000	1 434 000	625 000
Total Equity and Debt	7 236 000	6 439 000	6 344 000	4 863 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 674 000	4 674 000	4 975 000	3 675 000
Other Income	0	0	14 000	10 000
Revenue	4 674 000	4 674 000	4 989 000	3 685 000
Cost of Goods Sold	1 369 000	1 459 000	2 055 000	1 574 000
Salary Costs	1 489 000	1 631 000	1 096 000	731 000
Depreciation	132 000	140 000	110 000	60 000
Impairment	0	0	0	0
Expenditure	3 877 000	4 022 000	4 142 000	3 151 000
Operating Profit	847 000	599 000	887 000	541 000
Financial Income	65 000	41 000	57 000	51 000
Financial Costs	0	0	1 000	0
Financial Balance	65 000	41 000	56 000	51 000
Dividends	0	0	100 000	0
Net Income	715 000	503 000	741 000	463 000

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	677 000	810 000	950 000	322 000
Total Tangible Assets	677 000	810 000	950 000	322 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	677 000	810 000	950 000	322 000
Stock	169 000	119 000	171 000	132 000
Total Investments	521 000	331 000	252 000	164 000
Cash, Bank	4 249 000	2 865 000	2 509 000	2 644 000
Total Current Assets	6 559 000	5 629 000	5 394 000	4 541 000
Total Assets	7 236 000	6 439 000	6 344 000	4 863 000
Total Equity	6 084 000	5 369 000	4 866 000	4 225 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	52 000	52 000	44 000	13 000
Creditors	370 000	165 000	505 000	61 000
Unpaid Taxes	392 000	586 000	560 000	367 000
Dividends	0	0	100 000	0
Other Current Debt	141 000	140 000	197 000	71 000
Total Current Debt	1 100 000	1 018 000	1 434 000	625 000
Total Equity and Debt	7 236 000	6 439 000	6 344 000	4 863 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,75 %	9,37 %	15,23 %	10,96 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0
Operating Profit Margin	18,12 %	12,82 %	17,78 %	14,68 %
Current Ratio	5,96	5,53	3,76	7,27
Quick Ratio	7,05	6,26	4,27	9,21
Equity Ratio	0,84	0,83	0,77	0,87
Gross Profit Margin	70,71 %	68,78 %	58,81 %	57,29 %