FRICORP AS

1354 BÆRUMS VERK

Finances

Return on Equity

29,47 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 922 000	4 003 000	4 409 000	5 115 000
Net Income	168 000	332 000	216 000	−307 000
Total Assets	1 384 000	1 474 000	1 472 000	1 063 000
Total Equity	570 000	403 000	71 000	4 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 922 000	4 003 000	4 409 000	5 115 000
Expenditure	3 647 000	3 519 000	4 063 000	5 332 000
Operating Profit	276 000	483 000	346 000	−216 000
Financial Income	5 000	8 000	11 000	82 000
Financial Costs	67 000	136 000	141 000	172 000
Financial Balance	−62 000	−128 000	−130 000	−90 000
Earnings Before Tax	214 000	356 000	216 000	−307 000
Tax	46 000	24 000	0	0
Net Income	168 000	332 000	216 000	−307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	477 000	272 000	173 000	85 000
Total Current Assets	907 000	1 202 000	1 299 000	977 000
Total Assets	1 384 000	1 474 000	1 472 000	1 063 000
Total Retained Equity	195 000	27 000	−305 000	−371 000
Total Equity	570 000	403 000	71 000	4 000
Total Long-Term Debt	0	51 000	81 000	123 000
Total Current Debt	814 000	1 020 000	1 320 000	935 000
Total Equity and Debt	1 384 000	1 474 000	1 472 000	1 063 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 922 000	4 003 000	4 409 000	5 115 000
Other Income	0	0	0	0
Revenue	3 922 000	4 003 000	4 409 000	5 115 000
Cost of Goods Sold	160 000	89 000	192 000	903 000
Salary Costs	2 636 000	2 626 000	2 801 000	1 595 000
Depreciation	15 000	25 000	37 000	31 000
Impairment	0	0	0	0
Expenditure	3 647 000	3 519 000	4 063 000	5 332 000
Operating Profit	276 000	483 000	346 000	−216 000
Financial Income	5 000	8 000	11 000	82 000
Financial Costs	67 000	136 000	141 000	172 000
Financial Balance	−62 000	−128 000	−130 000	−90 000
Dividends	0	0	150 000	0
Net Income	168 000	332 000	216 000	−307 000

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	17 000	0	0	0
Fixtures	0	6 000	32 000	69 000
Total Tangible Assets	17 000	6 000	32 000	69 000
Total Fiancial Fixed Assets	460 000	265 000	142 000	16 000
Total Fixed Assets	477 000	272 000	173 000	85 000
Stock	469 000	627 000	629 000	630 000
Total Investments	6 000	8 000	27 000	0
Cash, Bank	78 000	181 000	329 000	14 000
Total Current Assets	907 000	1 202 000	1 299 000	977 000
Total Assets	1 384 000	1 474 000	1 472 000	1 063 000
Total Equity	570 000	403 000	71 000	4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	51 000	81 000	123 000
Creditors	76 000	35 000	12 000	125 000
Unpaid Taxes	253 000	322 000	495 000	629 000
Dividends	0	0	150 000	0
Other Current Debt	239 000	289 000	414 000	147 000
Total Current Debt	814 000	1 020 000	1 320 000	935 000
Total Equity and Debt	1 384 000	1 474 000	1 472 000	1 063 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,47 %	82,38 %	304,23 %	−7 675 %
Debt-to-Equity Ratio	0	0,13	1,14	30,75
Operating Profit Margin	7,04 %	12,07 %	7,85 %	−4,22 %
Current Ratio	1,11	1,18	0,98	1,04
Quick Ratio	2,63	3,06	1,88	3,2
Equity Ratio	0,41	0,27	0,05	0
Gross Profit Margin	95,92 %	97,78 %	95,65 %	82,35 %