FROLENDINGEN AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

35,26 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 928 000	3 925 000	3 965 000	3 493 000
Net Income	226 000	379 000	230 000	−104 000
Total Assets	1 875 000	1 774 000	1 323 000	1 246 000
Total Equity	641 000	415 000	36 000	−194 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 928 000	3 925 000	3 965 000	3 493 000
Expenditure	3 703 000	3 544 000	3 735 000	3 597 000
Operating Profit	226 000	381 000	229 000	−104 000
Financial Income	2 000	0	3 000	1 000
Financial Costs	2 000	2 000	1 000	1 000
Financial Balance	0	−2 000	2 000	0
Earnings Before Tax	226 000	379 000	230 000	−104 000
Tax	0	0	0	0
Net Income	226 000	379 000	230 000	−104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	14 000	48 000	75 000
Total Current Assets	1 875 000	1 760 000	1 275 000	1 171 000
Total Assets	1 875 000	1 774 000	1 323 000	1 246 000
Total Retained Equity	−16 000	−242 000	−621 000	−851 000
Total Equity	641 000	415 000	36 000	−194 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 234 000	1 359 000	1 287 000	1 440 000
Total Equity and Debt	1 875 000	1 774 000	1 323 000	1 246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 961 000	3 078 000	3 144 000	2 973 000
Other Income	967 000	847 000	820 000	520 000
Revenue	3 928 000	3 925 000	3 965 000	3 493 000
Cost of Goods Sold	931 000	610 000	648 000	719 000
Salary Costs	1 706 000	1 838 000	1 971 000	1 898 000
Depreciation	14 000	35 000	56 000	64 000
Impairment	0	0	0	0
Expenditure	3 703 000	3 544 000	3 735 000	3 597 000
Operating Profit	226 000	381 000	229 000	−104 000
Financial Income	2 000	0	3 000	1 000
Financial Costs	2 000	2 000	1 000	1 000
Financial Balance	0	−2 000	2 000	0
Dividends	0	0	0	0
Net Income	226 000	379 000	230 000	−104 000

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	0	14 000	48 000	75 000
Total Tangible Assets	0	14 000	48 000	75 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	14 000	48 000	75 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 630 000	1 455 000	897 000	876 000
Total Current Assets	1 875 000	1 760 000	1 275 000	1 171 000
Total Assets	1 875 000	1 774 000	1 323 000	1 246 000
Total Equity	641 000	415 000	36 000	−194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	114 000	199 000	118 000	435 000
Unpaid Taxes	114 000	256 000	246 000	204 000
Dividends	0	0	0	0
Other Current Debt	1 006 000	904 000	923 000	801 000
Total Current Debt	1 234 000	1 359 000	1 287 000	1 440 000
Total Equity and Debt	1 875 000	1 774 000	1 323 000	1 246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,26 %	91,33 %	638,89 %	53,61 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	5,75 %	9,71 %	5,78 %	−2,98 %
Current Ratio	1,52	1,3	0,99	0,81
Quick Ratio	1,52	1,3	0,99	0,81
Equity Ratio	0,34	0,23	0,03	−0,16
Gross Profit Margin	76,3 %	84,46 %	83,66 %	79,42 %