FRIELE FOODS AS

5165 LAKSEVÅG

Finances

Return on Equity

19,44 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 953 000	81 685 000	96 751 000	96 115 000
Net Income	392 000	3 512 000	3 997 000	4 372 000
Total Assets	16 050 000	17 809 000	25 688 000	24 428 000
Total Equity	2 016 000	1 624 000	5 242 000	3 246 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 953 000	81 685 000	96 751 000	96 115 000
Expenditure	71 114 000	77 363 000	91 257 000	90 351 000
Operating Profit	839 000	4 322 000	5 494 000	5 765 000
Financial Income	303 000	476 000	292 000	267 000
Financial Costs	619 000	290 000	662 000	422 000
Financial Balance	−316 000	186 000	−370 000	−155 000
Earnings Before Tax	523 000	4 508 000	5 124 000	5 610 000
Tax	131 000	997 000	1 127 000	1 238 000
Net Income	392 000	3 512 000	3 997 000	4 372 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	188 000	196 000	120 000	159 000
Total Current Assets	15 862 000	17 613 000	25 568 000	24 269 000
Total Assets	16 050 000	17 809 000	25 688 000	24 428 000
Total Retained Equity	392 000	0	3 270 000	1 273 000
Total Equity	2 016 000	1 624 000	5 242 000	3 246 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 034 000	16 185 000	20 445 000	21 182 000
Total Equity and Debt	16 050 000	17 809 000	25 688 000	24 428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	71 767 000	80 715 000	96 543 000	95 212 000
Other Income	186 000	970 000	208 000	903 000
Revenue	71 953 000	81 685 000	96 751 000	96 115 000
Cost of Goods Sold	49 264 000	54 957 000	67 304 000	66 368 000
Salary Costs	7 951 000	8 289 000	6 304 000	6 442 000
Depreciation	71 000	43 000	24 000	23 000
Impairment	0	0	0	0
Expenditure	71 114 000	77 363 000	91 257 000	90 351 000
Operating Profit	839 000	4 322 000	5 494 000	5 765 000
Financial Income	303 000	476 000	292 000	267 000
Financial Costs	619 000	290 000	662 000	422 000
Financial Balance	−316 000	186 000	−370 000	−155 000
Dividends	0	194 000	2 000 000	0
Net Income	392 000	3 512 000	3 997 000	4 372 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	17 000	45 000	138 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	158 000	179 000	75 000	21 000
Total Tangible Assets	158 000	179 000	75 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	188 000	196 000	120 000	159 000
Stock	6 040 000	4 464 000	5 262 000	4 497 000
Total Investments	0	0	0	0
Cash, Bank	303 000	306 000	5 945 000	254 000
Total Current Assets	15 862 000	17 613 000	25 568 000	24 269 000
Total Assets	16 050 000	17 809 000	25 688 000	24 428 000
Total Equity	2 016 000	1 624 000	5 242 000	3 246 000
Short-Term Group Debt	143 000	4 405 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 905 000	6 541 000	8 044 000	9 461 000
Unpaid Taxes	1 124 000	1 034 000	2 126 000	1 590 000
Dividends	0	194 000	2 000 000	0
Other Current Debt	2 339 000	2 838 000	7 242 000	10 131 000
Total Current Debt	14 034 000	16 185 000	20 445 000	21 182 000
Total Equity and Debt	16 050 000	17 809 000	25 688 000	24 428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,44 %	216,26 %	76,25 %	134,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,17 %	5,29 %	5,68 %	6 %
Current Ratio	1,13	1,09	1,25	1,15
Quick Ratio	1,98	1,5	1,68	1,45
Equity Ratio	0,13	0,09	0,2	0,13
Gross Profit Margin	31,53 %	32,72 %	30,44 %	30,95 %