FRIGOGLASS NORDIC AS

1739 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

15,28 %

Current Ratio

1,89

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 975 000	15 020 000	14 108 000	14 917 000
Net Income	344 000	245 000	1 170 000	−233 000
Total Assets	5 238 000	8 193 000	18 816 000	17 553 000
Total Equity	2 251 000	5 867 000	14 036 000	13 843 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 975 000	15 020 000	14 108 000	14 917 000
Expenditure	16 685 000	15 031 000	14 063 000	14 887 000
Operating Profit	290 000	−11 000	44 000	29 000
Financial Income	508 000	2 167 000	3 452 000	2 039 000
Financial Costs	356 000	1 842 000	1 996 000	2 367 000
Financial Balance	152 000	325 000	1 456 000	−328 000
Earnings Before Tax	442 000	314 000	1 500 000	−298 000
Tax	97 000	69 000	330 000	−66 000
Net Income	344 000	245 000	1 170 000	−233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	287 000	311 000	11 010 000	9 732 000
Total Current Assets	4 951 000	7 882 000	7 806 000	7 822 000
Total Assets	5 238 000	8 193 000	18 816 000	17 553 000
Total Retained Equity	0	0	1 724 000	1 532 000
Total Equity	2 251 000	5 867 000	14 036 000	13 843 000
Total Long-Term Debt	369 000	32 000	1 652 000	0
Total Current Debt	2 619 000	2 294 000	3 128 000	3 710 000
Total Equity and Debt	5 238 000	8 193 000	18 816 000	17 553 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	16 975 000	15 020 000	14 108 000	14 917 000
Revenue	16 975 000	15 020 000	14 108 000	14 917 000
Cost of Goods Sold	3 000	3 000	52 000	14 000
Salary Costs	12 393 000	11 337 000	10 596 000	11 182 000
Depreciation	46 000	72 000	95 000	99 000
Impairment	0	0	0	0
Expenditure	16 685 000	15 031 000	14 063 000	14 887 000
Operating Profit	290 000	−11 000	44 000	29 000
Financial Income	508 000	2 167 000	3 452 000	2 039 000
Financial Costs	356 000	1 842 000	1 996 000	2 367 000
Financial Balance	152 000	325 000	1 456 000	−328 000
Dividends	0	0	0	0
Net Income	344 000	245 000	1 170 000	−233 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	54 000	126 000	221 000
Total Tangible Assets	30 000	54 000	126 000	221 000
Total Fiancial Fixed Assets	257 000	257 000	10 884 000	9 494 000
Total Fixed Assets	287 000	311 000	11 010 000	9 732 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 234 000	1 413 000	1 068 000	1 019 000
Total Current Assets	4 951 000	7 882 000	7 806 000	7 822 000
Total Assets	5 238 000	8 193 000	18 816 000	17 553 000
Total Equity	2 251 000	5 867 000	14 036 000	13 843 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	369 000	32 000	1 652 000	0
Creditors	92 000	110 000	101 000	47 000
Unpaid Taxes	598 000	587 000	631 000	628 000
Dividends	0	0	0	0
Other Current Debt	1 929 000	1 597 000	2 396 000	3 035 000
Total Current Debt	2 619 000	2 294 000	3 128 000	3 710 000
Total Equity and Debt	5 238 000	8 193 000	18 816 000	17 553 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,28 %	4,18 %	8,34 %	−1,68 %
Debt-to-Equity Ratio	0,16	0,01	0,12	0
Operating Profit Margin	1,71 %	−0,07 %	0,31 %	0,19 %
Current Ratio	1,89	3,44	2,5	2,11
Quick Ratio	1,89	3,44	2,5	2,11
Equity Ratio	0,43	0,72	0,75	0,79
Gross Profit Margin	99,98 %	99,98 %	99,63 %	99,91 %