FRANK HAY AS

9107 KVALØYA

Finances

Return on Equity

24,47 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 401 000	5 212 000	4 558 000	4 073 000
Net Income	802 000	355 000	438 000	14 000
Total Assets	6 463 000	5 441 000	5 544 000	5 201 000
Total Equity	3 278 000	2 476 000	2 120 000	1 683 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 401 000	5 212 000	4 558 000	4 073 000
Expenditure	5 264 000	4 642 000	3 887 000	3 972 000
Operating Profit	1 137 000	569 000	671 000	101 000
Financial Income	1 000	−6 000	8 000	0
Financial Costs	105 000	108 000	117 000	82 000
Financial Balance	−104 000	−114 000	−109 000	−82 000
Earnings Before Tax	1 033 000	456 000	562 000	20 000
Tax	231 000	100 000	124 000	6 000
Net Income	802 000	355 000	438 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 804 000	3 764 000	3 804 000	3 875 000
Total Current Assets	1 660 000	1 677 000	1 740 000	1 326 000
Total Assets	6 463 000	5 441 000	5 544 000	5 201 000
Total Retained Equity	3 072 000	2 270 000	1 914 000	1 477 000
Total Equity	3 278 000	2 476 000	2 120 000	1 683 000
Total Long-Term Debt	2 203 000	1 853 000	2 007 000	2 119 000
Total Current Debt	983 000	1 113 000	1 417 000	1 399 000
Total Equity and Debt	6 463 000	5 441 000	5 544 000	5 201 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 969 000	5 203 000	4 352 000	4 008 000
Other Income	432 000	9 000	207 000	65 000
Revenue	6 401 000	5 212 000	4 558 000	4 073 000
Cost of Goods Sold	210 000	300 000	475 000	431 000
Salary Costs	1 944 000	1 478 000	882 000	1 063 000
Depreciation	228 000	179 000	162 000	151 000
Impairment	0	0	0	0
Expenditure	5 264 000	4 642 000	3 887 000	3 972 000
Operating Profit	1 137 000	569 000	671 000	101 000
Financial Income	1 000	−6 000	8 000	0
Financial Costs	105 000	108 000	117 000	82 000
Financial Balance	−104 000	−114 000	−109 000	−82 000
Dividends	0	0	0	0
Net Income	802 000	355 000	438 000	14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 472 000	1 800 000	1 800 000	1 800 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	174 000	1 748 000	1 802 000	1 943 000
Total Tangible Assets	3 646 000	3 548 000	3 602 000	3 743 000
Total Fiancial Fixed Assets	1 158 000	216 000	202 000	132 000
Total Fixed Assets	4 804 000	3 764 000	3 804 000	3 875 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	807 000	789 000	1 058 000	529 000
Total Current Assets	1 660 000	1 677 000	1 740 000	1 326 000
Total Assets	6 463 000	5 441 000	5 544 000	5 201 000
Total Equity	3 278 000	2 476 000	2 120 000	1 683 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 203 000	1 853 000	2 007 000	2 119 000
Creditors	281 000	217 000	399 000	118 000
Unpaid Taxes	255 000	275 000	159 000	176 000
Dividends	0	0	0	0
Other Current Debt	377 000	500 000	770 000	1 091 000
Total Current Debt	983 000	1 113 000	1 417 000	1 399 000
Total Equity and Debt	6 463 000	5 441 000	5 544 000	5 201 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,47 %	14,34 %	20,66 %	0,83 %
Debt-to-Equity Ratio	0,67	0,75	0,95	1,26
Operating Profit Margin	17,76 %	10,92 %	14,72 %	2,48 %
Current Ratio	1,69	1,51	1,23	0,95
Quick Ratio	1,69	1,51	1,23	0,95
Equity Ratio	0,51	0,46	0,38	0,32
Gross Profit Margin	96,72 %	94,24 %	89,58 %	89,42 %