FRUENE AS

9171 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

23,33 %

Current Ratio

6,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 712 000	11 443 000	9 217 000	12 406 000
Net Income	4 223 000	1 505 000	1 665 000	1 908 000
Total Assets	20 698 000	15 595 000	13 358 000	12 014 000
Total Equity	18 099 000	13 876 000	12 371 000	10 707 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 712 000	11 443 000	9 217 000	12 406 000
Expenditure	12 892 000	9 705 000	7 330 000	10 217 000
Operating Profit	4 820 000	1 738 000	1 887 000	2 190 000
Financial Income	206 000	30 000	51 000	72 000
Financial Costs	0	0	1 000	0
Financial Balance	206 000	30 000	50 000	72 000
Earnings Before Tax	5 026 000	1 768 000	1 936 000	2 262 000
Tax	803 000	263 000	271 000	353 000
Net Income	4 223 000	1 505 000	1 665 000	1 908 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 611 000	4 871 000	5 141 000	3 185 000
Total Current Assets	16 087 000	10 724 000	8 218 000	8 828 000
Total Assets	20 698 000	15 595 000	13 358 000	12 014 000
Total Retained Equity	17 999 000	13 776 000	12 271 000	10 607 000
Total Equity	18 099 000	13 876 000	12 371 000	10 707 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 599 000	1 719 000	987 000	1 307 000
Total Equity and Debt	20 698 000	15 595 000	13 358 000	12 014 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 330 000	11 111 000	8 888 000	12 226 000
Other Income	382 000	332 000	329 000	180 000
Revenue	17 712 000	11 443 000	9 217 000	12 406 000
Cost of Goods Sold	4 572 000	2 907 000	2 379 000	3 886 000
Salary Costs	5 330 000	3 697 000	2 862 000	4 161 000
Depreciation	331 000	318 000	300 000	86 000
Impairment	0	0	0	0
Expenditure	12 892 000	9 705 000	7 330 000	10 217 000
Operating Profit	4 820 000	1 738 000	1 887 000	2 190 000
Financial Income	206 000	30 000	51 000	72 000
Financial Costs	0	0	1 000	0
Financial Balance	206 000	30 000	50 000	72 000
Dividends	0	0	0	0
Net Income	4 223 000	1 505 000	1 665 000	1 908 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 300 000	3 141 000	3 141 000	3 141 000
Machinery and Plant Facilities	0	181 000	204 000	0
Fixtures	1 311 000	1 549 000	1 796 000	44 000
Total Tangible Assets	4 611 000	4 871 000	5 141 000	3 185 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 611 000	4 871 000	5 141 000	3 185 000
Stock	1 255 000	566 000	897 000	777 000
Total Investments	0	0	0	0
Cash, Bank	14 430 000	9 812 000	7 020 000	6 027 000
Total Current Assets	16 087 000	10 724 000	8 218 000	8 828 000
Total Assets	20 698 000	15 595 000	13 358 000	12 014 000
Total Equity	18 099 000	13 876 000	12 371 000	10 707 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	555 000	453 000	193 000	315 000
Unpaid Taxes	129 000	103 000	73 000	84 000
Dividends	0	0	0	0
Other Current Debt	1 112 000	900 000	449 000	554 000
Total Current Debt	2 599 000	1 719 000	987 000	1 307 000
Total Equity and Debt	20 698 000	15 595 000	13 358 000	12 014 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,33 %	10,85 %	13,46 %	17,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,21 %	15,19 %	20,47 %	17,65 %
Current Ratio	6,19	6,24	8,33	6,75
Quick Ratio	11,97	9,3	91,31	16,66
Equity Ratio	0,87	0,89	0,93	0,89
Gross Profit Margin	74,19 %	74,6 %	74,19 %	68,68 %