FRUSTØL EIENDOM AS

4628 KRISTIANSAND S

Finances

Return on Equity

15,96 %

Current Ratio

1,91

Debt-to-Equity Ratio

1,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	772 000	4 683 000	4 817 000	624 000
Net Income	1 435 000	2 642 000	2 295 000	−700 000
Total Assets	20 463 000	18 386 000	16 854 000	11 283 000
Total Equity	8 993 000	7 558 000	4 917 000	2 622 000

Income (NOK)	2022	2021	2020	2019
Revenue	772 000	4 683 000	4 817 000	624 000
Expenditure	1 036 000	1 221 000	1 762 000	1 373 000
Operating Profit	−264 000	3 461 000	3 055 000	−749 000
Financial Income	1 682 000	8 000	14 000	10 000
Financial Costs	51 000	83 000	127 000	157 000
Financial Balance	1 631 000	−75 000	−113 000	−147 000
Earnings Before Tax	1 367 000	3 387 000	2 943 000	−896 000
Tax	−68 000	745 000	647 000	−196 000
Net Income	1 435 000	2 642 000	2 295 000	−700 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 941 000	17 706 000	15 675 000	9 129 000
Total Current Assets	523 000	680 000	1 179 000	2 154 000
Total Assets	20 463 000	18 386 000	16 854 000	11 283 000
Total Retained Equity	8 893 000	7 458 000	4 817 000	2 522 000
Total Equity	8 993 000	7 558 000	4 917 000	2 622 000
Total Long-Term Debt	11 196 000	10 522 000	4 491 000	4 222 000
Total Current Debt	274 000	305 000	7 446 000	4 439 000
Total Equity and Debt	20 463 000	18 386 000	16 854 000	11 283 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	772 000	0	1 400 000	0
Other Income	0	4 683 000	3 417 000	624 000
Revenue	772 000	4 683 000	4 817 000	624 000
Cost of Goods Sold	20 000	10 000	1 009 000	12 000
Salary Costs	0	0	0	0
Depreciation	529 000	480 000	268 000	236 000
Impairment	0	0	0	0
Expenditure	1 036 000	1 221 000	1 762 000	1 373 000
Operating Profit	−264 000	3 461 000	3 055 000	−749 000
Financial Income	1 682 000	8 000	14 000	10 000
Financial Costs	51 000	83 000	127 000	157 000
Financial Balance	1 631 000	−75 000	−113 000	−147 000
Dividends	0	0	0	0
Net Income	1 435 000	2 642 000	2 295 000	−700 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 456 000	9 676 000	10 365 000	4 080 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	80 000	111 000	0
Total Tangible Assets	11 504 000	9 756 000	10 477 000	4 080 000
Total Fiancial Fixed Assets	8 437 000	7 950 000	5 199 000	5 049 000
Total Fixed Assets	19 941 000	17 706 000	15 675 000	9 129 000
Stock	0	0	0	1 000 000
Total Investments	0	0	0	0
Cash, Bank	474 000	568 000	786 000	104 000
Total Current Assets	523 000	680 000	1 179 000	2 154 000
Total Assets	20 463 000	18 386 000	16 854 000	11 283 000
Total Equity	8 993 000	7 558 000	4 917 000	2 622 000
Short-Term Group Debt	0	0	7 123 000	4 009 000
Total Long-Term Debt	11 196 000	10 522 000	4 491 000	4 222 000
Creditors	90 000	23 000	12 000	421 000
Unpaid Taxes	0	12 000	29 000	0
Dividends	0	0	0	0
Other Current Debt	7 000	67 000	280 000	10 000
Total Current Debt	274 000	305 000	7 446 000	4 439 000
Total Equity and Debt	20 463 000	18 386 000	16 854 000	11 283 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,96 %	34,96 %	46,67 %	−26,7 %
Debt-to-Equity Ratio	1,24	1,39	0,91	1,61
Operating Profit Margin	−34,2 %	73,91 %	63,42 %	−120,03 %
Current Ratio	1,91	2,23	0,16	0,49
Quick Ratio	1,91	2,23	0,16	0,63
Equity Ratio	0,44	0,41	0,29	0,23
Gross Profit Margin	97,41 %	99,79 %	79,05 %	98,08 %