FRYDENLUND OPTIKK AS

8516 NARVIK

Finances

Share Ownership

Return on Equity

5,89 %

Current Ratio

3,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 271 000	5 938 000	5 682 000	5 901 000
Net Income	117 000	154 000	357 000	69 000
Total Assets	2 847 000	2 618 000	2 626 000	2 219 000
Total Equity	1 987 000	1 870 000	1 717 000	1 359 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 271 000	5 938 000	5 682 000	5 901 000
Expenditure	5 122 000	5 733 000	5 225 000	5 810 000
Operating Profit	150 000	205 000	458 000	90 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	1 000	1 000	2 000
Financial Balance	0	−1 000	−1 000	−2 000
Earnings Before Tax	150 000	203 000	458 000	89 000
Tax	33 000	49 000	101 000	20 000
Net Income	117 000	154 000	357 000	69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 000	59 000	117 000	266 000
Total Current Assets	2 797 000	2 559 000	2 509 000	1 953 000
Total Assets	2 847 000	2 618 000	2 626 000	2 219 000
Total Retained Equity	1 887 000	1 770 000	1 617 000	1 259 000
Total Equity	1 987 000	1 870 000	1 717 000	1 359 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	859 000	747 000	910 000	859 000
Total Equity and Debt	2 847 000	2 618 000	2 626 000	2 219 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 271 000	5 938 000	5 636 000	5 903 000
Other Income	0	0	47 000	−3 000
Revenue	5 271 000	5 938 000	5 682 000	5 901 000
Cost of Goods Sold	1 393 000	1 577 000	1 443 000	1 721 000
Salary Costs	2 918 000	3 234 000	2 863 000	3 213 000
Depreciation	2 000	23 000	48 000	47 000
Impairment	0	0	0	0
Expenditure	5 122 000	5 733 000	5 225 000	5 810 000
Operating Profit	150 000	205 000	458 000	90 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	1 000	1 000	2 000
Financial Balance	0	−1 000	−1 000	−2 000
Dividends	0	0	0	0
Net Income	117 000	154 000	357 000	69 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	57 000	93 000	193 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	2 000	25 000	73 000
Total Tangible Assets	0	2 000	25 000	73 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 000	59 000	117 000	266 000
Stock	795 000	897 000	915 000	807 000
Total Investments	0	0	0	0
Cash, Bank	1 815 000	1 455 000	1 394 000	893 000
Total Current Assets	2 797 000	2 559 000	2 509 000	1 953 000
Total Assets	2 847 000	2 618 000	2 626 000	2 219 000
Total Equity	1 987 000	1 870 000	1 717 000	1 359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	160 000	80 000	289 000	190 000
Unpaid Taxes	332 000	320 000	316 000	341 000
Dividends	0	0	0	0
Other Current Debt	342 000	333 000	305 000	328 000
Total Current Debt	859 000	747 000	910 000	859 000
Total Equity and Debt	2 847 000	2 618 000	2 626 000	2 219 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,89 %	8,24 %	20,79 %	5,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,85 %	3,45 %	8,06 %	1,53 %
Current Ratio	3,26	3,43	2,76	2,27
Quick Ratio	43,7	−17,06	−501,8	37,56
Equity Ratio	0,7	0,71	0,65	0,61
Gross Profit Margin	73,57 %	73,44 %	74,6 %	70,84 %