FRODE INVEST AS

4330 ÅLGÅRD

Finances

Return on Equity

−6,65 %

Current Ratio

67,11

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	111 000	132 000	56 000	0
Net Income	−96 000	217 000	−107 000	60 000
Total Assets	1 603 000	1 814 000	1 778 000	2 161 000
Total Equity	1 443 000	1 539 000	1 322 000	1 704 000

Income (NOK)	2022	2021	2020	2019
Revenue	111 000	132 000	56 000	0
Expenditure	109 000	121 000	94 000	22 000
Operating Profit	2 000	11 000	−39 000	−22 000
Financial Income	525 000	317 000	71 000	180 000
Financial Costs	623 000	111 000	139 000	97 000
Financial Balance	−98 000	206 000	−68 000	83 000
Earnings Before Tax	−96 000	217 000	−107 000	60 000
Tax	0	0	0	0
Net Income	−96 000	217 000	−107 000	60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	328 000	385 000	442 000	205 000
Total Current Assets	1 275 000	1 429 000	1 337 000	1 956 000
Total Assets	1 603 000	1 814 000	1 778 000	2 161 000
Total Retained Equity	843 000	939 000	722 000	1 104 000
Total Equity	1 443 000	1 539 000	1 322 000	1 704 000
Total Long-Term Debt	140 000	229 000	409 000	277 000
Total Current Debt	19 000	46 000	47 000	180 000
Total Equity and Debt	1 603 000	1 814 000	1 778 000	2 161 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 000	48 000	0	0
Other Income	84 000	84 000	56 000	0
Revenue	111 000	132 000	56 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	57 000	57 000	47 000	0
Impairment	0	0	0	0
Expenditure	109 000	121 000	94 000	22 000
Operating Profit	2 000	11 000	−39 000	−22 000
Financial Income	525 000	317 000	71 000	180 000
Financial Costs	623 000	111 000	139 000	97 000
Financial Balance	−98 000	206 000	−68 000	83 000
Dividends	0	0	30 000	180 000
Net Income	−96 000	217 000	−107 000	60 000

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	123 000	180 000	237 000	0
Total Tangible Assets	123 000	180 000	237 000	0
Total Fiancial Fixed Assets	205 000	205 000	205 000	205 000
Total Fixed Assets	328 000	385 000	442 000	205 000
Stock	0	0	0	0
Total Investments	619 000	768 000	684 000	783 000
Cash, Bank	179 000	265 000	204 000	344 000
Total Current Assets	1 275 000	1 429 000	1 337 000	1 956 000
Total Assets	1 603 000	1 814 000	1 778 000	2 161 000
Total Equity	1 443 000	1 539 000	1 322 000	1 704 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	140 000	229 000	409 000	277 000
Creditors	−3 000	−2 000	5 000	0
Unpaid Taxes	18 000	44 000	0	0
Dividends	0	0	30 000	180 000
Other Current Debt	4 000	4 000	12 000	0
Total Current Debt	19 000	46 000	47 000	180 000
Total Equity and Debt	1 603 000	1 814 000	1 778 000	2 161 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,65 %	14,1 %	−8,09 %	3,52 %
Debt-to-Equity Ratio	0,1	0,15	0,31	0,16
Operating Profit Margin	1,8 %	8,33 %	−69,64 %	-
Current Ratio	67,11	31,07	28,45	10,87
Quick Ratio	67,11	31,07	28,45	10,87
Equity Ratio	0,9	0,85	0,74	0,79
Gross Profit Margin	100 %	100 %	100 %	-