FRODE ANDERSEN HOLDING AS

7088 HEIMDAL

Finances

Return on Equity

−5,81 %

Current Ratio

23,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	−7 326 000	49 405 000	10 929 000	8 232 000
Net Income	−7 685 000	48 713 000	10 503 000	7 974 000
Total Assets	135 816 000	145 964 000	98 951 000	90 043 000
Total Equity	132 338 000	143 023 000	96 810 000	88 306 000

Income (NOK)	2022	2021	2020	2019
Revenue	−7 326 000	49 405 000	10 929 000	8 232 000
Expenditure	461 000	311 000	316 000	188 000
Operating Profit	−7 787 000	49 094 000	10 613 000	8 044 000
Financial Income	102 000	25 000	19 000	45 000
Financial Costs	1 000	0	0	0
Financial Balance	101 000	25 000	19 000	45 000
Earnings Before Tax	−7 685 000	49 119 000	10 632 000	8 089 000
Tax	0	406 000	129 000	115 000
Net Income	−7 685 000	48 713 000	10 503 000	7 974 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 502 000	55 902 000	56 222 000	56 462 000
Total Current Assets	80 314 000	90 062 000	42 729 000	33 582 000
Total Assets	135 816 000	145 964 000	98 951 000	90 043 000
Total Retained Equity	131 679 000	142 364 000	96 151 000	87 647 000
Total Equity	132 338 000	143 023 000	96 810 000	88 306 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 478 000	2 941 000	2 141 000	1 737 000
Total Equity and Debt	135 816 000	145 964 000	98 951 000	90 043 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	−7 326 000	49 405 000	10 929 000	8 232 000
Revenue	−7 326 000	49 405 000	10 929 000	8 232 000
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	461 000	311 000	316 000	188 000
Operating Profit	−7 787 000	49 094 000	10 613 000	8 044 000
Financial Income	102 000	25 000	19 000	45 000
Financial Costs	1 000	0	0	0
Financial Balance	101 000	25 000	19 000	45 000
Dividends	3 000 000	2 500 000	2 000 000	1 500 000
Net Income	−7 685 000	48 713 000	10 503 000	7 974 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	55 502 000	55 902 000	56 222 000	56 462 000
Total Fixed Assets	55 502 000	55 902 000	56 222 000	56 462 000
Stock	0	0	0	0
Total Investments	73 745 000	51 075 000	39 607 000	31 989 000
Cash, Bank	6 569 000	2 660 000	3 112 000	1 504 000
Total Current Assets	80 314 000	90 062 000	42 729 000	33 582 000
Total Assets	135 816 000	145 964 000	98 951 000	90 043 000
Total Equity	132 338 000	143 023 000	96 810 000	88 306 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	41 000	36 000	13 000	0
Unpaid Taxes	0	0	0	0
Dividends	3 000 000	2 500 000	2 000 000	1 500 000
Other Current Debt	437 000	0	0	122 000
Total Current Debt	3 478 000	2 941 000	2 141 000	1 737 000
Total Equity and Debt	135 816 000	145 964 000	98 951 000	90 043 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,81 %	34,06 %	10,85 %	9,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	106,29 %	99,37 %	97,11 %	97,72 %
Current Ratio	23,09	30,62	19,96	19,33
Quick Ratio	23,09	30,62	19,96	19,33
Equity Ratio	0,97	0,98	0,98	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %