FRØY AKVASERVICE AS

7260 SISTRANDA

Finances

Return on Equity

10,71 %

Current Ratio

0,79

Debt-to-Equity Ratio

1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	288 783 000	256 112 000	249 615 000	232 147 000
Net Income	20 265 000	33 698 000	54 331 000	29 496 000
Total Assets	494 074 000	479 056 000	393 572 000	348 383 000
Total Equity	189 276 000	182 678 000	163 347 000	149 364 000

Income (NOK)	2022	2021	2020	2019
Revenue	288 783 000	256 112 000	249 615 000	232 147 000
Expenditure	256 891 000	210 187 000	175 177 000	188 047 000
Operating Profit	31 892 000	45 925 000	74 437 000	44 100 000
Financial Income	1 840 000	1 045 000	405 000	459 000
Financial Costs	7 752 000	3 768 000	5 319 000	6 707 000
Financial Balance	−5 912 000	−2 723 000	−4 914 000	−6 248 000
Earnings Before Tax	25 981 000	43 202 000	69 523 000	37 852 000
Tax	5 716 000	9 504 000	15 192 000	8 356 000
Net Income	20 265 000	33 698 000	54 331 000	29 496 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	427 132 000	381 607 000	323 922 000	307 728 000
Total Current Assets	66 942 000	97 450 000	69 650 000	40 655 000
Total Assets	494 074 000	479 056 000	393 572 000	348 383 000
Total Retained Equity	162 872 000	156 274 000	156 537 000	142 554 000
Total Equity	189 276 000	182 678 000	163 347 000	149 364 000
Total Long-Term Debt	219 799 000	206 243 000	166 763 000	168 760 000
Total Current Debt	84 998 000	90 136 000	63 461 000	30 259 000
Total Equity and Debt	494 074 000	479 056 000	393 572 000	348 383 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	280 267 000	243 762 000	226 888 000	225 927 000
Other Income	8 516 000	12 351 000	22 727 000	6 220 000
Revenue	288 783 000	256 112 000	249 615 000	232 147 000
Cost of Goods Sold	0	0	0	0
Salary Costs	111 482 000	97 273 000	84 557 000	77 204 000
Depreciation	43 819 000	34 035 000	26 201 000	41 717 000
Impairment	0	0	0	0
Expenditure	256 891 000	210 187 000	175 177 000	188 047 000
Operating Profit	31 892 000	45 925 000	74 437 000	44 100 000
Financial Income	1 840 000	1 045 000	405 000	459 000
Financial Costs	7 752 000	3 768 000	5 319 000	6 707 000
Financial Balance	−5 912 000	−2 723 000	−4 914 000	−6 248 000
Dividends	0	0	0	0
Net Income	20 265 000	33 698 000	54 331 000	29 496 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 994 000	0	0	0
Machinery and Plant Facilities	62 210 000	56 877 000	30 442 000	143 000
Fixtures	0	0	0	0
Total Tangible Assets	309 935 000	264 410 000	206 725 000	190 531 000
Total Fiancial Fixed Assets	117 197 000	117 197 000	117 197 000	117 197 000
Total Fixed Assets	427 132 000	381 607 000	323 922 000	307 728 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 042 000	4 380 000	5 309 000	3 409 000
Total Current Assets	66 942 000	97 450 000	69 650 000	40 655 000
Total Assets	494 074 000	479 056 000	393 572 000	348 383 000
Total Equity	189 276 000	182 678 000	163 347 000	149 364 000
Short-Term Group Debt	57 802 000	59 342 000	47 300 000	1 108 000
Total Long-Term Debt	219 799 000	206 243 000	166 763 000	168 760 000
Creditors	15 989 000	19 405 000	11 965 000	8 504 000
Unpaid Taxes	9 788 000	7 169 000	2 429 000	7 094 000
Dividends	0	0	0	0
Other Current Debt	1 419 000	2 671 000	1 767 000	953 000
Total Current Debt	84 998 000	90 136 000	63 461 000	30 259 000
Total Equity and Debt	494 074 000	479 056 000	393 572 000	348 383 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,71 %	18,45 %	33,26 %	19,75 %
Debt-to-Equity Ratio	1,16	1,13	1,02	1,13
Operating Profit Margin	11,04 %	17,93 %	29,82 %	19 %
Current Ratio	0,79	1,08	1,1	1,34
Quick Ratio	0,79	1,08	1,1	1,34
Equity Ratio	0,38	0,38	0,42	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %