FROCON AS

3531 KROKKLEIVA

Finances

Share Ownership

Return on Equity

1 102,42 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 179 000	5 343 000	5 563 000	5 000 000
Net Income	1 367 000	1 598 000	1 675 000	1 435 000
Total Assets	2 713 000	2 922 000	3 086 000	2 730 000
Total Equity	124 000	157 000	159 000	184 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 179 000	5 343 000	5 563 000	5 000 000
Expenditure	3 432 000	3 295 000	3 419 000	3 165 000
Operating Profit	1 747 000	2 048 000	2 144 000	1 834 000
Financial Income	6 000	2 000	5 000	7 000
Financial Costs	0	0	0	0
Financial Balance	6 000	2 000	5 000	7 000
Earnings Before Tax	1 753 000	2 050 000	2 149 000	1 841 000
Tax	386 000	451 000	474 000	406 000
Net Income	1 367 000	1 598 000	1 675 000	1 435 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	19 000	58 000	115 000
Total Current Assets	2 698 000	2 904 000	3 029 000	2 616 000
Total Assets	2 713 000	2 922 000	3 086 000	2 730 000
Total Retained Equity	24 000	57 000	59 000	84 000
Total Equity	124 000	157 000	159 000	184 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 589 000	2 766 000	2 928 000	2 547 000
Total Equity and Debt	2 713 000	2 922 000	3 086 000	2 730 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 179 000	5 343 000	5 563 000	5 000 000
Other Income	0	0	0	0
Revenue	5 179 000	5 343 000	5 563 000	5 000 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 283 000	3 112 000	3 168 000	2 917 000
Depreciation	0	45 000	66 000	66 000
Impairment	0	0	0	0
Expenditure	3 432 000	3 295 000	3 419 000	3 165 000
Operating Profit	1 747 000	2 048 000	2 144 000	1 834 000
Financial Income	6 000	2 000	5 000	7 000
Financial Costs	0	0	0	0
Financial Balance	6 000	2 000	5 000	7 000
Dividends	1 400 000	1 600 000	1 700 000	1 400 000
Net Income	1 367 000	1 598 000	1 675 000	1 435 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	19 000	13 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	45 000	111 000
Total Tangible Assets	0	0	45 000	111 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	19 000	58 000	115 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 250 000	2 191 000	2 543 000	2 127 000
Total Current Assets	2 698 000	2 904 000	3 029 000	2 616 000
Total Assets	2 713 000	2 922 000	3 086 000	2 730 000
Total Equity	124 000	157 000	159 000	184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	3 000	0	3 000
Unpaid Taxes	469 000	447 000	493 000	487 000
Dividends	1 400 000	1 600 000	1 700 000	1 400 000
Other Current Debt	298 000	258 000	252 000	242 000
Total Current Debt	2 589 000	2 766 000	2 928 000	2 547 000
Total Equity and Debt	2 713 000	2 922 000	3 086 000	2 730 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 102,42 %	1 017,83 %	1 053,46 %	779,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	33,73 %	38,33 %	38,54 %	36,68 %
Current Ratio	1,04	1,05	1,03	1,03
Quick Ratio	1,04	1,05	1,03	1,03
Equity Ratio	0,05	0,05	0,05	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %