FRODE WANG INVEST AS

5363 ÅGOTNES

Finances

Return on Equity

38,81 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	971 000	1 341 000	1 047 000	−21 000
Total Assets	3 506 000	6 833 000	5 527 000	4 977 000
Total Equity	2 502 000	2 382 000	5 470 000	4 953 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	24 000	19 000	24 000	21 000
Operating Profit	−24 000	−19 000	−24 000	−21 000
Financial Income	995 000	1 361 000	250 000	0
Financial Costs	0	0	−820 000	0
Financial Balance	995 000	1 361 000	1 070 000	0
Earnings Before Tax	971 000	1 341 000	1 047 000	−21 000
Tax	0	0	0	0
Net Income	971 000	1 341 000	1 047 000	−21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 478 000	2 378 000	2 378 000	1 160 000
Total Current Assets	1 028 000	4 454 000	3 148 000	3 817 000
Total Assets	3 506 000	6 833 000	5 527 000	4 977 000
Total Retained Equity	1 882 000	1 762 000	4 850 000	4 333 000
Total Equity	2 502 000	2 382 000	5 470 000	4 953 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 004 000	4 451 000	57 000	24 000
Total Equity and Debt	3 506 000	6 833 000	5 527 000	4 977 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	24 000	19 000	24 000	21 000
Operating Profit	−24 000	−19 000	−24 000	−21 000
Financial Income	995 000	1 361 000	250 000	0
Financial Costs	0	0	−820 000	0
Financial Balance	995 000	1 361 000	1 070 000	0
Dividends	850 000	4 430 000	530 000	0
Net Income	971 000	1 341 000	1 047 000	−21 000

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	2 478 000	2 378 000	2 378 000	1 160 000
Total Fixed Assets	2 478 000	2 378 000	2 378 000	1 160 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 000	4 000	140 000	4 000
Total Current Assets	1 028 000	4 454 000	3 148 000	3 817 000
Total Assets	3 506 000	6 833 000	5 527 000	4 977 000
Total Equity	2 502 000	2 382 000	5 470 000	4 953 000
Short-Term Group Debt	477 000	997 000	20 000	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	12 000	0
Unpaid Taxes	0	0	0	0
Dividends	850 000	4 430 000	530 000	0
Other Current Debt	27 000	24 000	24 000	24 000
Total Current Debt	1 004 000	4 451 000	57 000	24 000
Total Equity and Debt	3 506 000	6 833 000	5 527 000	4 977 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,81 %	56,3 %	19,14 %	−0,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,02	1	55,23	159,04
Quick Ratio	1,02	1	55,23	159,04
Equity Ratio	0,71	0,35	0,99	1
Gross Profit Margin	-	-	-	-