FRODE'S BILVERKSTED AS

6080 GURSKØY

Finances

Return on Equity

14,24 %

Current Ratio

4,39

Debt-to-Equity Ratio

0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	596 000	1 581 000	907 000	810 000
Net Income	254 000	813 000	−33 000	24 000
Total Assets	3 561 000	4 516 000	3 189 000	3 121 000
Total Equity	1 784 000	1 530 000	717 000	750 000

Income (NOK)	2022	2021	2020	2019
Revenue	596 000	1 581 000	907 000	810 000
Expenditure	291 000	807 000	873 000	685 000
Operating Profit	305 000	775 000	34 000	124 000
Financial Income	2 000	220 000	0	0
Financial Costs	103 000	15 000	77 000	94 000
Financial Balance	−101 000	205 000	−77 000	−94 000
Earnings Before Tax	204 000	981 000	−42 000	31 000
Tax	−50 000	167 000	−9 000	7 000
Net Income	254 000	813 000	−33 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 394 000	3 991 000	2 721 000	2 867 000
Total Current Assets	167 000	524 000	468 000	254 000
Total Assets	3 561 000	4 516 000	3 189 000	3 121 000
Total Retained Equity	1 684 000	1 430 000	617 000	650 000
Total Equity	1 784 000	1 530 000	717 000	750 000
Total Long-Term Debt	1 739 000	2 093 000	2 331 000	2 273 000
Total Current Debt	38 000	893 000	142 000	99 000
Total Equity and Debt	3 561 000	4 516 000	3 189 000	3 121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 000	907 000	655 000	802 000
Other Income	174 000	674 000	252 000	8 000
Revenue	596 000	1 581 000	907 000	810 000
Cost of Goods Sold	12 000	84 000	168 000	133 000
Salary Costs	0	0	0	0
Depreciation	63 000	237 000	250 000	152 000
Impairment	0	0	0	0
Expenditure	291 000	807 000	873 000	685 000
Operating Profit	305 000	775 000	34 000	124 000
Financial Income	2 000	220 000	0	0
Financial Costs	103 000	15 000	77 000	94 000
Financial Balance	−101 000	205 000	−77 000	−94 000
Dividends	0	0	0	0
Net Income	254 000	813 000	−33 000	24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	193 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	57 000	467 000	521 000	667 000
Total Tangible Assets	251 000	467 000	521 000	667 000
Total Fiancial Fixed Assets	3 143 000	3 524 000	2 200 000	2 200 000
Total Fixed Assets	3 394 000	3 991 000	2 721 000	2 867 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	167 000	475 000	442 000	230 000
Total Current Assets	167 000	524 000	468 000	254 000
Total Assets	3 561 000	4 516 000	3 189 000	3 121 000
Total Equity	1 784 000	1 530 000	717 000	750 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 739 000	2 093 000	2 331 000	2 273 000
Creditors	27 000	0	1 000	7 000
Unpaid Taxes	9 000	46 000	62 000	16 000
Dividends	0	0	0	0
Other Current Debt	2 000	847 000	79 000	76 000
Total Current Debt	38 000	893 000	142 000	99 000
Total Equity and Debt	3 561 000	4 516 000	3 189 000	3 121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,24 %	53,14 %	−4,6 %	3,2 %
Debt-to-Equity Ratio	0,97	1,37	3,25	3,03
Operating Profit Margin	51,17 %	49,02 %	3,75 %	15,31 %
Current Ratio	4,39	0,59	3,3	2,57
Quick Ratio	4,39	0,59	3,3	2,57
Equity Ratio	0,5	0,34	0,22	0,24
Gross Profit Margin	97,99 %	94,69 %	81,48 %	83,58 %