NÆSS SINCE 1955, FREDRIKSTAD AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

50,04 %

Current Ratio

1,93

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 449 000	5 589 000	4 863 000	6 343 000
Net Income	637 000	221 000	−6 000	209 000
Total Assets	3 122 000	2 790 000	2 130 000	3 257 000
Total Equity	1 273 000	636 000	415 000	438 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 449 000	5 589 000	4 863 000	6 343 000
Expenditure	5 635 000	5 298 000	4 846 000	6 071 000
Operating Profit	814 000	291 000	17 000	271 000
Financial Income	10 000	6 000	4 000	10 000
Financial Costs	11 000	8 000	22 000	8 000
Financial Balance	−1 000	−2 000	−18 000	2 000
Earnings Before Tax	814 000	289 000	0	273 000
Tax	176 000	68 000	5 000	64 000
Net Income	637 000	221 000	−6 000	209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	8 000	49 000	99 000
Total Current Assets	3 117 000	2 782 000	2 081 000	3 159 000
Total Assets	3 122 000	2 790 000	2 130 000	3 257 000
Total Retained Equity	1 173 000	536 000	315 000	338 000
Total Equity	1 273 000	636 000	415 000	438 000
Total Long-Term Debt	235 000	286 000	0	992 000
Total Current Debt	1 614 000	1 869 000	1 716 000	1 827 000
Total Equity and Debt	3 122 000	2 790 000	2 130 000	3 257 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 439 000	5 270 000	4 863 000	6 343 000
Other Income	10 000	319 000	0	0
Revenue	6 449 000	5 589 000	4 863 000	6 343 000
Cost of Goods Sold	2 878 000	2 585 000	2 176 000	2 899 000
Salary Costs	1 501 000	1 510 000	1 400 000	1 826 000
Depreciation	3 000	42 000	49 000	48 000
Impairment	0	0	0	0
Expenditure	5 635 000	5 298 000	4 846 000	6 071 000
Operating Profit	814 000	291 000	17 000	271 000
Financial Income	10 000	6 000	4 000	10 000
Financial Costs	11 000	8 000	22 000	8 000
Financial Balance	−1 000	−2 000	−18 000	2 000
Dividends	0	0	0	0
Net Income	637 000	221 000	−6 000	209 000

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	0	0	0	0
Fixtures	4 000	8 000	49 000	99 000
Total Tangible Assets	4 000	8 000	49 000	99 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	8 000	49 000	99 000
Stock	1 723 000	1 359 000	982 000	1 151 000
Total Investments	0	0	0	0
Cash, Bank	1 360 000	1 325 000	1 004 000	1 933 000
Total Current Assets	3 117 000	2 782 000	2 081 000	3 159 000
Total Assets	3 122 000	2 790 000	2 130 000	3 257 000
Total Equity	1 273 000	636 000	415 000	438 000
Short-Term Group Debt	0	0	276 000	290 000
Total Long-Term Debt	235 000	286 000	0	992 000
Creditors	464 000	497 000	165 000	163 000
Unpaid Taxes	388 000	418 000	417 000	492 000
Dividends	0	0	0	0
Other Current Debt	586 000	885 000	857 000	882 000
Total Current Debt	1 614 000	1 869 000	1 716 000	1 827 000
Total Equity and Debt	3 122 000	2 790 000	2 130 000	3 257 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,04 %	34,75 %	−1,45 %	47,72 %
Debt-to-Equity Ratio	0,18	0,45	0	2,26
Operating Profit Margin	12,62 %	5,21 %	0,35 %	4,27 %
Current Ratio	1,93	1,49	1,21	1,73
Quick Ratio	−28,6	5,45	2,84	4,67
Equity Ratio	0,41	0,23	0,19	0,13
Gross Profit Margin	55,37 %	53,75 %	55,25 %	54,3 %