FRITHJOF PAULSEN AS

1615 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

34,59 %

Current Ratio

1,3

Debt-to-Equity Ratio

1,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 688 000	23 509 000	20 790 000	22 863 000
Net Income	174 000	393 000	859 000	−531 000
Total Assets	2 973 000	3 056 000	3 833 000	4 045 000
Total Equity	503 000	503 000	501 000	−30 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 688 000	23 509 000	20 790 000	22 863 000
Expenditure	20 442 000	22 979 000	19 639 000	23 467 000
Operating Profit	246 000	531 000	1 151 000	−603 000
Financial Income	0	0	18 000	13 000
Financial Costs	17 000	26 000	68 000	89 000
Financial Balance	−17 000	−26 000	−50 000	−76 000
Earnings Before Tax	229 000	505 000	1 101 000	−679 000
Tax	55 000	112 000	242 000	−148 000
Net Income	174 000	393 000	859 000	−531 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	565 000	41 000	1 403 000	1 804 000
Total Current Assets	2 407 000	3 014 000	2 431 000	2 242 000
Total Assets	2 973 000	3 056 000	3 833 000	4 045 000
Total Retained Equity	3 000	3 000	1 000	−530 000
Total Equity	503 000	503 000	501 000	−30 000
Total Long-Term Debt	615 000	113 000	1 299 000	1 506 000
Total Current Debt	1 855 000	2 439 000	2 034 000	2 569 000
Total Equity and Debt	2 973 000	3 056 000	3 833 000	4 045 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 713 000	23 226 000	20 788 000	22 863 000
Other Income	−25 000	283 000	3 000	0
Revenue	20 688 000	23 509 000	20 790 000	22 863 000
Cost of Goods Sold	15 005 000	17 102 000	14 860 000	17 736 000
Salary Costs	3 917 000	4 047 000	3 047 000	3 937 000
Depreciation	92 000	62 000	248 000	260 000
Impairment	0	0	0	0
Expenditure	20 442 000	22 979 000	19 639 000	23 467 000
Operating Profit	246 000	531 000	1 151 000	−603 000
Financial Income	0	0	18 000	13 000
Financial Costs	17 000	26 000	68 000	89 000
Financial Balance	−17 000	−26 000	−50 000	−76 000
Dividends	175 000	390 000	329 000	0
Net Income	174 000	393 000	859 000	−531 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	118 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	565 000	41 000	1 403 000	1 685 000
Total Tangible Assets	565 000	41 000	1 403 000	1 685 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	565 000	41 000	1 403 000	1 804 000
Stock	952 000	1 189 000	813 000	1 061 000
Total Investments	0	0	0	0
Cash, Bank	1 096 000	1 413 000	742 000	143 000
Total Current Assets	2 407 000	3 014 000	2 431 000	2 242 000
Total Assets	2 973 000	3 056 000	3 833 000	4 045 000
Total Equity	503 000	503 000	501 000	−30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	615 000	113 000	1 299 000	1 506 000
Creditors	643 000	927 000	781 000	1 011 000
Unpaid Taxes	504 000	514 000	581 000	528 000
Dividends	175 000	390 000	329 000	0
Other Current Debt	478 000	397 000	318 000	567 000
Total Current Debt	1 855 000	2 439 000	2 034 000	2 569 000
Total Equity and Debt	2 973 000	3 056 000	3 833 000	4 045 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,59 %	78,13 %	171,46 %	1 770 %
Debt-to-Equity Ratio	1,22	0,22	2,59	−50,2
Operating Profit Margin	1,19 %	2,26 %	5,54 %	−2,64 %
Current Ratio	1,3	1,24	1,2	0,87
Quick Ratio	2,67	2,41	1,99	1,49
Equity Ratio	0,17	0,16	0,13	−0,01
Gross Profit Margin	27,47 %	27,25 %	28,52 %	22,42 %