FRØKEN FRØLAND AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

−77,64 %

Current Ratio

0,92

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 775 000	4 591 000	4 054 000	4 204 000
Net Income	−368 000	426 000	−237 000	−36 000
Total Assets	1 356 000	1 330 000	1 186 000	1 193 000
Total Equity	474 000	842 000	416 000	653 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 775 000	4 591 000	4 054 000	4 204 000
Expenditure	5 225 000	4 035 000	4 330 000	4 184 000
Operating Profit	−450 000	557 000	−275 000	−79 000
Financial Income	2 000	5 000	7 000	16 000
Financial Costs	22 000	15 000	35 000	15 000
Financial Balance	−20 000	−10 000	−28 000	1 000
Earnings Before Tax	−471 000	546 000	−304 000	−78 000
Tax	−102 000	120 000	−67 000	−42 000
Net Income	−368 000	426 000	−237 000	−36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	680 000	406 000	563 000	570 000
Total Current Assets	676 000	924 000	623 000	623 000
Total Assets	1 356 000	1 330 000	1 186 000	1 193 000
Total Retained Equity	374 000	742 000	316 000	553 000
Total Equity	474 000	842 000	416 000	653 000
Total Long-Term Debt	144 000	0	46 000	106 000
Total Current Debt	738 000	488 000	724 000	434 000
Total Equity and Debt	1 356 000	1 330 000	1 186 000	1 193 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 723 000	4 591 000	4 054 000	4 204 000
Other Income	52 000	0	0	0
Revenue	4 775 000	4 591 000	4 054 000	4 204 000
Cost of Goods Sold	2 740 000	2 046 000	2 567 000	2 399 000
Salary Costs	1 745 000	1 370 000	1 220 000	1 294 000
Depreciation	88 000	74 000	74 000	74 000
Impairment	0	0	0	0
Expenditure	5 225 000	4 035 000	4 330 000	4 184 000
Operating Profit	−450 000	557 000	−275 000	−79 000
Financial Income	2 000	5 000	7 000	16 000
Financial Costs	22 000	15 000	35 000	15 000
Financial Balance	−20 000	−10 000	−28 000	1 000
Dividends	0	0	0	0
Net Income	−368 000	426 000	−237 000	−36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	128 000	26 000	109 000	42 000
Real Eastate	281 000	301 000	321 000	341 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	271 000	80 000	133 000	187 000
Total Tangible Assets	552 000	381 000	454 000	528 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	680 000	406 000	563 000	570 000
Stock	363 000	353 000	100 000	274 000
Total Investments	0	0	0	0
Cash, Bank	280 000	503 000	512 000	324 000
Total Current Assets	676 000	924 000	623 000	623 000
Total Assets	1 356 000	1 330 000	1 186 000	1 193 000
Total Equity	474 000	842 000	416 000	653 000
Short-Term Group Debt	0	47 000	0	0
Total Long-Term Debt	144 000	0	46 000	106 000
Creditors	207 000	47 000	247 000	116 000
Unpaid Taxes	298 000	202 000	298 000	168 000
Dividends	0	0	0	0
Other Current Debt	232 000	156 000	179 000	150 000
Total Current Debt	738 000	488 000	724 000	434 000
Total Equity and Debt	1 356 000	1 330 000	1 186 000	1 193 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−77,64 %	50,59 %	−56,97 %	−5,51 %
Debt-to-Equity Ratio	0,3	0	0,11	0,16
Operating Profit Margin	−9,42 %	12,13 %	−6,78 %	−1,88 %
Current Ratio	0,92	1,89	0,86	1,44
Quick Ratio	1,8	6,84	1	3,89
Equity Ratio	0,35	0,63	0,35	0,55
Gross Profit Margin	42,62 %	55,43 %	36,68 %	42,94 %