HELGE FROSTA AS

5096 BERGEN

Finances

Share Ownership

Return on Equity

13,62 %

Current Ratio

6,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 471 000	1 591 000	1 542 000	1 953 000
Net Income	232 000	388 000	325 000	475 000
Total Assets	1 984 000	1 927 000	2 054 000	1 913 000
Total Equity	1 704 000	1 472 000	1 285 000	1 459 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 471 000	1 591 000	1 542 000	1 953 000
Expenditure	1 183 000	1 097 000	1 133 000	1 355 000
Operating Profit	287 000	494 000	409 000	598 000
Financial Income	11 000	3 000	8 000	11 000
Financial Costs	0	0	0	0
Financial Balance	11 000	3 000	8 000	11 000
Earnings Before Tax	297 000	497 000	417 000	609 000
Tax	65 000	109 000	92 000	134 000
Net Income	232 000	388 000	325 000	475 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	54 000	54 000	54 000
Total Current Assets	1 930 000	1 872 000	2 000 000	1 859 000
Total Assets	1 984 000	1 927 000	2 054 000	1 913 000
Total Retained Equity	1 604 000	1 372 000	1 185 000	1 359 000
Total Equity	1 704 000	1 472 000	1 285 000	1 459 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	280 000	454 000	769 000	454 000
Total Equity and Debt	1 984 000	1 927 000	2 054 000	1 913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 471 000	1 591 000	1 542 000	1 953 000
Other Income	0	0	0	0
Revenue	1 471 000	1 591 000	1 542 000	1 953 000
Cost of Goods Sold	0	0	0	0
Salary Costs	853 000	797 000	790 000	979 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 183 000	1 097 000	1 133 000	1 355 000
Operating Profit	287 000	494 000	409 000	598 000
Financial Income	11 000	3 000	8 000	11 000
Financial Costs	0	0	0	0
Financial Balance	11 000	3 000	8 000	11 000
Dividends	0	200 000	500 000	0
Net Income	232 000	388 000	325 000	475 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	54 000	54 000	54 000	54 000
Total Fixed Assets	54 000	54 000	54 000	54 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 689 000	1 505 000	1 753 000	1 556 000
Total Current Assets	1 930 000	1 872 000	2 000 000	1 859 000
Total Assets	1 984 000	1 927 000	2 054 000	1 913 000
Total Equity	1 704 000	1 472 000	1 285 000	1 459 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	35 000	−23 000	16 000	2 000
Unpaid Taxes	69 000	87 000	96 000	84 000
Dividends	0	200 000	500 000	0
Other Current Debt	110 000	81 000	66 000	83 000
Total Current Debt	280 000	454 000	769 000	454 000
Total Equity and Debt	1 984 000	1 927 000	2 054 000	1 913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,62 %	26,36 %	25,29 %	32,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,51 %	31,05 %	26,52 %	30,62 %
Current Ratio	6,89	4,12	2,6	4,09
Quick Ratio	6,89	4,12	2,6	4,09
Equity Ratio	0,86	0,76	0,63	0,76
Gross Profit Margin	100 %	100 %	100 %	100 %