FROST NORDIC AS

1392 VETTRE

Finances

Share Ownership

Return on Equity

196,83 %

Current Ratio

0,7

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 690 000	1 794 000	1 006 000	3 671 000
Net Income	372 000	365 000	15 000	−69 000
Total Assets	781 000	1 176 000	400 000	942 000
Total Equity	189 000	117 000	52 000	37 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 690 000	1 794 000	1 006 000	3 671 000
Expenditure	1 221 000	1 353 000	989 000	3 691 000
Operating Profit	469 000	440 000	17 000	−20 000
Financial Income	0	0	0	0
Financial Costs	2 000	10 000	0	18 000
Financial Balance	−2 000	−10 000	0	−18 000
Earnings Before Tax	466 000	430 000	17 000	−37 000
Tax	94 000	64 000	2 000	32 000
Net Income	372 000	365 000	15 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	448 000	574 000	8 000	51 000
Total Current Assets	333 000	602 000	393 000	890 000
Total Assets	781 000	1 176 000	400 000	942 000
Total Retained Equity	87 000	15 000	−50 000	−65 000
Total Equity	189 000	117 000	52 000	37 000
Total Long-Term Debt	118 000	378 000	208 000	338 000
Total Current Debt	474 000	681 000	140 000	566 000
Total Equity and Debt	781 000	1 176 000	400 000	942 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 381 000	1 794 000	1 006 000	3 671 000
Other Income	309 000	0	0	0
Revenue	1 690 000	1 794 000	1 006 000	3 671 000
Cost of Goods Sold	918 000	1 129 000	800 000	3 393 000
Salary Costs	41 000	40 000	39 000	39 000
Depreciation	127 000	17 000	44 000	144 000
Impairment	0	0	0	0
Expenditure	1 221 000	1 353 000	989 000	3 691 000
Operating Profit	469 000	440 000	17 000	−20 000
Financial Income	0	0	0	0
Financial Costs	2 000	10 000	0	18 000
Financial Balance	−2 000	−10 000	0	−18 000
Dividends	300 000	300 000	0	0
Net Income	372 000	365 000	15 000	−69 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	448 000	574 000	8 000	51 000
Total Tangible Assets	448 000	574 000	8 000	51 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	448 000	574 000	8 000	51 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	333 000	423 000	311 000	890 000
Total Current Assets	333 000	602 000	393 000	890 000
Total Assets	781 000	1 176 000	400 000	942 000
Total Equity	189 000	117 000	52 000	37 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	118 000	378 000	208 000	338 000
Creditors	0	192 000	0	404 000
Unpaid Taxes	13 000	24 000	37 000	42 000
Dividends	300 000	300 000	0	0
Other Current Debt	106 000	100 000	100 000	111 000
Total Current Debt	474 000	681 000	140 000	566 000
Total Equity and Debt	781 000	1 176 000	400 000	942 000

Financial indicators	2022	2021	2020	2019
Return on Equity	196,83 %	311,97 %	28,85 %	−186,49 %
Debt-to-Equity Ratio	0,62	3,23	4	9,14
Operating Profit Margin	27,75 %	24,53 %	1,69 %	−0,54 %
Current Ratio	0,7	0,88	2,81	1,57
Quick Ratio	0,7	0,88	2,81	1,57
Equity Ratio	0,24	0,1	0,13	0,04
Gross Profit Margin	45,68 %	37,07 %	20,48 %	7,57 %