FROLAND ELEKTRO AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

−5,76 %

Current Ratio

2,91

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 077 000	2 988 000	2 736 000	3 291 000
Net Income	−140 000	99 000	329 000	68 000
Total Assets	3 160 000	3 286 000	3 502 000	3 248 000
Total Equity	2 429 000	2 769 000	2 770 000	2 641 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 077 000	2 988 000	2 736 000	3 291 000
Expenditure	2 261 000	2 861 000	2 318 000	3 205 000
Operating Profit	−183 000	127 000	418 000	85 000
Financial Income	4 000	1 000	4 000	6 000
Financial Costs	0	0	0	3 000
Financial Balance	4 000	1 000	4 000	3 000
Earnings Before Tax	−179 000	127 000	422 000	88 000
Tax	−39 000	28 000	93 000	20 000
Net Income	−140 000	99 000	329 000	68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 297 000	1 303 000	1 367 000	1 237 000
Total Current Assets	1 863 000	1 983 000	2 134 000	2 011 000
Total Assets	3 160 000	3 286 000	3 502 000	3 248 000
Total Retained Equity	2 329 000	2 669 000	2 670 000	2 541 000
Total Equity	2 429 000	2 769 000	2 770 000	2 641 000
Total Long-Term Debt	91 000	130 000	131 000	124 000
Total Current Debt	640 000	387 000	601 000	483 000
Total Equity and Debt	3 160 000	3 286 000	3 502 000	3 248 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 077 000	2 988 000	2 736 000	3 291 000
Other Income	0	0	0	0
Revenue	2 077 000	2 988 000	2 736 000	3 291 000
Cost of Goods Sold	710 000	1 215 000	878 000	1 230 000
Salary Costs	954 000	950 000	866 000	1 479 000
Depreciation	71 000	67 000	44 000	29 000
Impairment	0	0	0	0
Expenditure	2 261 000	2 861 000	2 318 000	3 205 000
Operating Profit	−183 000	127 000	418 000	85 000
Financial Income	4 000	1 000	4 000	6 000
Financial Costs	0	0	0	3 000
Financial Balance	4 000	1 000	4 000	3 000
Dividends	200 000	100 000	200 000	0
Net Income	−140 000	99 000	329 000	68 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 150 000	1 179 000	1 208 000	1 237 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	102 000	124 000	142 000	0
Total Tangible Assets	1 252 000	1 303 000	1 350 000	1 237 000
Total Fiancial Fixed Assets	45 000	0	17 000	0
Total Fixed Assets	1 297 000	1 303 000	1 367 000	1 237 000
Stock	77 000	88 000	97 000	103 000
Total Investments	0	0	0	0
Cash, Bank	1 658 000	1 771 000	1 816 000	1 809 000
Total Current Assets	1 863 000	1 983 000	2 134 000	2 011 000
Total Assets	3 160 000	3 286 000	3 502 000	3 248 000
Total Equity	2 429 000	2 769 000	2 770 000	2 641 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	91 000	130 000	131 000	124 000
Creditors	163 000	62 000	98 000	86 000
Unpaid Taxes	175 000	118 000	145 000	267 000
Dividends	200 000	100 000	200 000	0
Other Current Debt	102 000	78 000	73 000	112 000
Total Current Debt	640 000	387 000	601 000	483 000
Total Equity and Debt	3 160 000	3 286 000	3 502 000	3 248 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,76 %	3,58 %	11,88 %	2,57 %
Debt-to-Equity Ratio	0,04	0,05	0,05	0,05
Operating Profit Margin	−8,81 %	4,25 %	15,28 %	2,58 %
Current Ratio	2,91	5,12	3,55	4,16
Quick Ratio	3,31	6,63	4,23	5,29
Equity Ratio	0,77	0,84	0,79	0,81
Gross Profit Margin	65,82 %	59,34 %	67,91 %	62,63 %