FRØLAND VVS AS

1816 SKIPTVET

Finances

Return on Equity

−83 %

Current Ratio

0,91

Debt-to-Equity Ratio

−0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 620 000	3 739 000	3 006 000	2 597 000
Net Income	249 000	−103 000	−1 881 000	114 000
Total Assets	1 172 000	1 503 000	1 055 000	3 368 000
Total Equity	−300 000	−263 000	−161 000	1 720 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 620 000	3 739 000	3 006 000	2 597 000
Expenditure	3 542 000	3 787 000	4 819 000	2 473 000
Operating Profit	78 000	−48 000	−1 813 000	124 000
Financial Income	264 000	0	25 000	25 000
Financial Costs	45 000	25 000	133 000	44 000
Financial Balance	219 000	−25 000	−108 000	−19 000
Earnings Before Tax	298 000	−73 000	−1 921 000	106 000
Tax	49 000	29 000	−40 000	−8 000
Net Income	249 000	−103 000	−1 881 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	237 000	2 483 000
Total Current Assets	1 172 000	1 503 000	818 000	885 000
Total Assets	1 172 000	1 503 000	1 055 000	3 368 000
Total Retained Equity	−400 000	−363 000	−261 000	1 620 000
Total Equity	−300 000	−263 000	−161 000	1 720 000
Total Long-Term Debt	178 000	345 000	504 000	669 000
Total Current Debt	1 294 000	1 421 000	712 000	978 000
Total Equity and Debt	1 172 000	1 503 000	1 055 000	3 368 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 620 000	3 739 000	3 006 000	2 597 000
Other Income	0	0	0	0
Revenue	3 620 000	3 739 000	3 006 000	2 597 000
Cost of Goods Sold	1 897 000	1 765 000	1 587 000	1 236 000
Salary Costs	805 000	814 000	708 000	546 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 542 000	3 787 000	4 819 000	2 473 000
Operating Profit	78 000	−48 000	−1 813 000	124 000
Financial Income	264 000	0	25 000	25 000
Financial Costs	45 000	25 000	133 000	44 000
Financial Balance	219 000	−25 000	−108 000	−19 000
Dividends	0	0	0	0
Net Income	249 000	−103 000	−1 881 000	114 000

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	0	0	237 000	2 483 000
Total Fixed Assets	0	0	237 000	2 483 000
Stock	242 000	357 000	156 000	233 000
Total Investments	220 000	0	0	0
Cash, Bank	156 000	272 000	117 000	62 000
Total Current Assets	1 172 000	1 503 000	818 000	885 000
Total Assets	1 172 000	1 503 000	1 055 000	3 368 000
Total Equity	−300 000	−263 000	−161 000	1 720 000
Short-Term Group Debt	120 000	0	0	0
Total Long-Term Debt	178 000	345 000	504 000	669 000
Creditors	865 000	957 000	281 000	436 000
Unpaid Taxes	178 000	234 000	143 000	356 000
Dividends	0	0	0	0
Other Current Debt	83 000	227 000	288 000	161 000
Total Current Debt	1 294 000	1 421 000	712 000	978 000
Total Equity and Debt	1 172 000	1 503 000	1 055 000	3 368 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−83 %	39,16 %	1 168,32 %	6,63 %
Debt-to-Equity Ratio	−0,59	−1,31	−3,13	0,39
Operating Profit Margin	2,15 %	−1,28 %	−60,31 %	4,77 %
Current Ratio	0,91	1,06	1,15	0,9
Quick Ratio	1,11	1,41	1,47	1,19
Equity Ratio	−0,26	−0,17	−0,15	0,51
Gross Profit Margin	47,6 %	52,79 %	47,21 %	52,41 %