FROSTER AS

5036 BERGEN

Finances

Return on Equity

7,89 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 434 000	27 859 000	29 356 000	24 396 000
Net Income	459 000	1 303 000	1 776 000	541 000
Total Assets	11 431 000	11 179 000	8 324 000	9 442 000
Total Equity	5 817 000	5 358 000	4 055 000	2 728 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 434 000	27 859 000	29 356 000	24 396 000
Expenditure	31 606 000	26 183 000	26 942 000	23 594 000
Operating Profit	828 000	1 676 000	2 414 000	802 000
Financial Income	143 000	155 000	224 000	45 000
Financial Costs	341 000	160 000	343 000	132 000
Financial Balance	−198 000	−5 000	−119 000	−87 000
Earnings Before Tax	631 000	1 671 000	2 295 000	715 000
Tax	172 000	368 000	519 000	174 000
Net Income	459 000	1 303 000	1 776 000	541 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	162 000	133 000	89 000	113 000
Total Current Assets	11 269 000	11 046 000	8 235 000	9 330 000
Total Assets	11 431 000	11 179 000	8 324 000	9 442 000
Total Retained Equity	5 582 000	5 123 000	3 820 000	2 494 000
Total Equity	5 817 000	5 358 000	4 055 000	2 728 000
Total Long-Term Debt	65 000	65 000	65 000	60 000
Total Current Debt	5 549 000	5 756 000	4 204 000	6 654 000
Total Equity and Debt	11 431 000	11 179 000	8 324 000	9 442 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 952 000	27 450 000	29 050 000	24 042 000
Other Income	482 000	409 000	306 000	354 000
Revenue	32 434 000	27 859 000	29 356 000	24 396 000
Cost of Goods Sold	19 742 000	16 721 000	18 256 000	14 512 000
Salary Costs	7 048 000	6 175 000	5 658 000	5 709 000
Depreciation	32 000	24 000	24 000	24 000
Impairment	0	0	0	0
Expenditure	31 606 000	26 183 000	26 942 000	23 594 000
Operating Profit	828 000	1 676 000	2 414 000	802 000
Financial Income	143 000	155 000	224 000	45 000
Financial Costs	341 000	160 000	343 000	132 000
Financial Balance	−198 000	−5 000	−119 000	−87 000
Dividends	0	0	450 000	0
Net Income	459 000	1 303 000	1 776 000	541 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	8 000	16 000	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	154 000	125 000	67 000	83 000
Total Tangible Assets	154 000	125 000	67 000	83 000
Total Fiancial Fixed Assets	0	0	6 000	6 000
Total Fixed Assets	162 000	133 000	89 000	113 000
Stock	2 832 000	2 539 000	1 973 000	2 271 000
Total Investments	802 000	741 000	581 000	69 000
Cash, Bank	1 320 000	1 641 000	2 801 000	229 000
Total Current Assets	11 269 000	11 046 000	8 235 000	9 330 000
Total Assets	11 431 000	11 179 000	8 324 000	9 442 000
Total Equity	5 817 000	5 358 000	4 055 000	2 728 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	65 000	65 000	65 000	60 000
Creditors	2 444 000	2 090 000	1 231 000	3 207 000
Unpaid Taxes	1 756 000	1 818 000	1 129 000	1 477 000
Dividends	0	0	450 000	0
Other Current Debt	1 178 000	1 480 000	875 000	1 316 000
Total Current Debt	5 549 000	5 756 000	4 204 000	6 654 000
Total Equity and Debt	11 431 000	11 179 000	8 324 000	9 442 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,89 %	24,32 %	43,8 %	19,83 %
Debt-to-Equity Ratio	0,01	0,01	0,02	0,02
Operating Profit Margin	2,55 %	6,02 %	8,22 %	3,29 %
Current Ratio	2,03	1,92	1,96	1,4
Quick Ratio	4,15	3,43	3,69	2,13
Equity Ratio	0,51	0,48	0,49	0,29
Gross Profit Margin	39,13 %	39,98 %	37,81 %	40,51 %