FROGNER INVEST AS

2004 LILLESTRØM

Finances

Share Ownership

Return on Equity

181,3 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 770 000	35 671 000	65 000	922 000
Net Income	1 842 000	4 395 000	−346 000	263 000
Total Assets	13 375 000	11 149 000	36 284 000	7 516 000
Total Equity	1 016 000	4 019 000	4 301 000	4 647 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 770 000	35 671 000	65 000	922 000
Expenditure	11 466 000	29 472 000	159 000	480 000
Operating Profit	2 304 000	6 200 000	−95 000	441 000
Financial Income	61 000	0	0	5 000
Financial Costs	3 000	566 000	349 000	109 000
Financial Balance	58 000	−566 000	−349 000	−104 000
Earnings Before Tax	2 362 000	5 634 000	−443 000	337 000
Tax	519 000	1 240 000	−98 000	74 000
Net Income	1 842 000	4 395 000	−346 000	263 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	171 000	170 000	91 000	5 874 000
Total Current Assets	13 204 000	10 979 000	36 193 000	1 642 000
Total Assets	13 375 000	11 149 000	36 284 000	7 516 000
Total Retained Equity	916 000	3 919 000	4 201 000	4 547 000
Total Equity	1 016 000	4 019 000	4 301 000	4 647 000
Total Long-Term Debt	0	0	29 244 000	2 329 000
Total Current Debt	12 359 000	7 130 000	2 739 000	540 000
Total Equity and Debt	13 375 000	11 149 000	36 284 000	7 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 770 000	35 671 000	0	0
Other Income	0	0	65 000	922 000
Revenue	13 770 000	35 671 000	65 000	922 000
Cost of Goods Sold	11 366 000	29 337 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	21 000	244 000
Impairment	0	0	0	0
Expenditure	11 466 000	29 472 000	159 000	480 000
Operating Profit	2 304 000	6 200 000	−95 000	441 000
Financial Income	61 000	0	0	5 000
Financial Costs	3 000	566 000	349 000	109 000
Financial Balance	58 000	−566 000	−349 000	−104 000
Dividends	3 000 000	0	0	0
Net Income	1 842 000	4 395 000	−346 000	263 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	171 000	170 000	91 000	0
Real Eastate	0	0	0	4 718 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	21 000
Total Tangible Assets	0	0	0	5 874 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	171 000	170 000	91 000	5 874 000
Stock	100 000	10 934 000	35 739 000	0
Total Investments	0	0	0	0
Cash, Bank	13 104 000	42 000	451 000	1 632 000
Total Current Assets	13 204 000	10 979 000	36 193 000	1 642 000
Total Assets	13 375 000	11 149 000	36 284 000	7 516 000
Total Equity	1 016 000	4 019 000	4 301 000	4 647 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	29 244 000	2 329 000
Creditors	18 000	61 000	2 672 000	75 000
Unpaid Taxes	0	0	0	5 000
Dividends	3 000 000	0	0	0
Other Current Debt	12 342 000	7 069 000	67 000	460 000
Total Current Debt	12 359 000	7 130 000	2 739 000	540 000
Total Equity and Debt	13 375 000	11 149 000	36 284 000	7 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	181,3 %	109,36 %	−8,04 %	5,66 %
Debt-to-Equity Ratio	0	0	6,8	0,5
Operating Profit Margin	16,73 %	17,38 %	−146,15 %	47,83 %
Current Ratio	1,07	1,54	13,21	3,04
Quick Ratio	1,08	−2,89	−1,1	3,04
Equity Ratio	0,08	0,36	0,12	0,62
Gross Profit Margin	17,46 %	17,76 %	100 %	100 %