FRS HOLDING AS

4770 HØVÅG

Finances

Return on Equity

2,9 %

Current Ratio

13,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 493 000	1 664 000	690 000	636 000
Net Income	854 000	1 103 000	217 000	291 000
Total Assets	31 598 000	32 676 000	34 745 000	35 421 000
Total Equity	29 456 000	31 952 000	33 931 000	34 714 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 493 000	1 664 000	690 000	636 000
Expenditure	677 000	631 000	500 000	409 000
Operating Profit	815 000	1 033 000	190 000	227 000
Financial Income	5 000	13 000	30 000	40 000
Financial Costs	17 000	3 000	3 000	2 000
Financial Balance	−12 000	10 000	27 000	38 000
Earnings Before Tax	804 000	1 043 000	217 000	265 000
Tax	−50 000	−60 000	0	−26 000
Net Income	854 000	1 103 000	217 000	291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 423 000	2 423 000	1 183 000	1 183 000
Total Current Assets	29 175 000	30 253 000	33 562 000	34 238 000
Total Assets	31 598 000	32 676 000	34 745 000	35 421 000
Total Retained Equity	28 319 000	28 815 000	30 794 000	31 576 000
Total Equity	29 456 000	31 952 000	33 931 000	34 714 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 143 000	724 000	814 000	708 000
Total Equity and Debt	31 598 000	32 676 000	34 745 000	35 421 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 493 000	1 664 000	690 000	636 000
Revenue	1 493 000	1 664 000	690 000	636 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	677 000	631 000	500 000	409 000
Operating Profit	815 000	1 033 000	190 000	227 000
Financial Income	5 000	13 000	30 000	40 000
Financial Costs	17 000	3 000	3 000	2 000
Financial Balance	−12 000	10 000	27 000	38 000
Dividends	3 350 000	3 000 000	1 000 000	1 200 000
Net Income	854 000	1 103 000	217 000	291 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 423 000	2 423 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 423 000	2 423 000	0	0
Total Fiancial Fixed Assets	0	0	1 183 000	1 183 000
Total Fixed Assets	2 423 000	2 423 000	1 183 000	1 183 000
Stock	0	0	0	0
Total Investments	29 060 000	29 756 000	31 364 000	32 415 000
Cash, Bank	116 000	497 000	811 000	587 000
Total Current Assets	29 175 000	30 253 000	33 562 000	34 238 000
Total Assets	31 598 000	32 676 000	34 745 000	35 421 000
Total Equity	29 456 000	31 952 000	33 931 000	34 714 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	47 000	2 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	3 350 000	3 000 000	1 000 000	1 200 000
Other Current Debt	2 136 000	677 000	812 000	704 000
Total Current Debt	2 143 000	724 000	814 000	708 000
Total Equity and Debt	31 598 000	32 676 000	34 745 000	35 421 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,9 %	3,45 %	0,64 %	0,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	54,59 %	62,08 %	27,54 %	35,69 %
Current Ratio	13,61	41,79	41,23	48,36
Quick Ratio	13,61	41,79	41,23	48,36
Equity Ratio	0,93	0,98	0,98	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %