FROSTINGEN AS

7633 FROSTA

Finances

Return on Equity

15,89 %

Current Ratio

2,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 855 000	5 713 000	4 629 000	4 100 000
Net Income	363 000	551 000	107 000	−101 000
Total Assets	3 963 000	3 996 000	3 323 000	3 333 000
Total Equity	2 284 000	1 921 000	1 370 000	1 263 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 855 000	5 713 000	4 629 000	4 100 000
Expenditure	5 416 000	5 028 000	4 523 000	4 268 000
Operating Profit	438 000	684 000	107 000	−168 000
Financial Income	28 000	22 000	31 000	38 000
Financial Costs	1 000	0	1 000	0
Financial Balance	27 000	22 000	30 000	38 000
Earnings Before Tax	465 000	706 000	137 000	−130 000
Tax	102 000	155 000	30 000	−29 000
Net Income	363 000	551 000	107 000	−101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	68 000	118 000	165 000	51 000
Total Current Assets	3 895 000	3 879 000	3 158 000	3 282 000
Total Assets	3 963 000	3 996 000	3 323 000	3 333 000
Total Retained Equity	2 126 000	1 763 000	1 212 000	1 105 000
Total Equity	2 284 000	1 921 000	1 370 000	1 263 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 680 000	2 075 000	1 952 000	2 070 000
Total Equity and Debt	3 963 000	3 996 000	3 323 000	3 333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 903 000	4 866 000	3 798 000	3 580 000
Other Income	952 000	847 000	831 000	521 000
Revenue	5 855 000	5 713 000	4 629 000	4 100 000
Cost of Goods Sold	1 120 000	1 105 000	952 000	1 013 000
Salary Costs	3 204 000	2 979 000	2 680 000	2 473 000
Depreciation	81 000	81 000	57 000	13 000
Impairment	0	0	0	0
Expenditure	5 416 000	5 028 000	4 523 000	4 268 000
Operating Profit	438 000	684 000	107 000	−168 000
Financial Income	28 000	22 000	31 000	38 000
Financial Costs	1 000	0	1 000	0
Financial Balance	27 000	22 000	30 000	38 000
Dividends	0	0	0	0
Net Income	363 000	551 000	107 000	−101 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	5 000	6 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	60 000	113 000	159 000	16 000
Total Tangible Assets	60 000	113 000	159 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	68 000	118 000	165 000	51 000
Stock	0	0	0	0
Total Investments	1 000	1 000	1 000	1 000
Cash, Bank	3 396 000	3 312 000	2 792 000	2 983 000
Total Current Assets	3 895 000	3 879 000	3 158 000	3 282 000
Total Assets	3 963 000	3 996 000	3 323 000	3 333 000
Total Equity	2 284 000	1 921 000	1 370 000	1 263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	265 000	233 000	556 000	114 000
Unpaid Taxes	256 000	208 000	156 000	180 000
Dividends	0	0	0	0
Other Current Debt	1 052 000	1 480 000	1 239 000	1 776 000
Total Current Debt	1 680 000	2 075 000	1 952 000	2 070 000
Total Equity and Debt	3 963 000	3 996 000	3 323 000	3 333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,89 %	28,68 %	7,81 %	−8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,48 %	11,97 %	2,31 %	−4,1 %
Current Ratio	2,32	1,87	1,62	1,59
Quick Ratio	2,32	1,87	1,62	1,59
Equity Ratio	0,58	0,48	0,41	0,38
Gross Profit Margin	80,87 %	80,66 %	79,43 %	75,29 %