FRODE OLSSON INVEST AS

4018 STAVANGER

Finances

Return on Equity

10,23 %

Current Ratio

21,15

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	360 000	324 000	314 000	384 000
Net Income	1 860 000	1 081 000	−710 000	1 124 000
Total Assets	21 159 000	19 934 000	21 951 000	23 260 000
Total Equity	18 173 000	17 314 000	19 233 000	20 443 000

Income (NOK)	2022	2021	2020	2019
Revenue	360 000	324 000	314 000	384 000
Expenditure	302 000	146 000	211 000	210 000
Operating Profit	58 000	178 000	103 000	174 000
Financial Income	2 178 000	1 012 000	184 000	1 411 000
Financial Costs	334 000	86 000	994 000	440 000
Financial Balance	1 844 000	926 000	−810 000	971 000
Earnings Before Tax	1 903 000	1 104 000	−706 000	1 145 000
Tax	43 000	23 000	4 000	21 000
Net Income	1 860 000	1 081 000	−710 000	1 124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 811 000	10 835 000	10 835 000	10 835 000
Total Current Assets	9 348 000	9 099 000	11 116 000	12 425 000
Total Assets	21 159 000	19 934 000	21 951 000	23 260 000
Total Retained Equity	18 073 000	17 214 000	19 133 000	20 343 000
Total Equity	18 173 000	17 314 000	19 233 000	20 443 000
Total Long-Term Debt	2 543 000	2 566 000	2 667 000	2 709 000
Total Current Debt	442 000	54 000	51 000	108 000
Total Equity and Debt	21 159 000	19 934 000	21 951 000	23 260 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	360 000	324 000	314 000	384 000
Other Income	0	0	0	0
Revenue	360 000	324 000	314 000	384 000
Cost of Goods Sold	180 000	105 000	142 000	174 000
Salary Costs	0	0	0	0
Depreciation	33 000	0	0	0
Impairment	0	0	0	0
Expenditure	302 000	146 000	211 000	210 000
Operating Profit	58 000	178 000	103 000	174 000
Financial Income	2 178 000	1 012 000	184 000	1 411 000
Financial Costs	334 000	86 000	994 000	440 000
Financial Balance	1 844 000	926 000	−810 000	971 000
Dividends	0	0	0	0
Net Income	1 860 000	1 081 000	−710 000	1 124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 989 000	6 989 000	6 989 000	6 989 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 281 000	6 989 000	6 989 000	6 989 000
Total Fiancial Fixed Assets	3 530 000	3 846 000	3 846 000	3 846 000
Total Fixed Assets	11 811 000	10 835 000	10 835 000	10 835 000
Stock	1 774 000	1 774 000	1 274 000	1 274 000
Total Investments	0	0	0	4 403 000
Cash, Bank	5 949 000	4 830 000	5 447 000	2 353 000
Total Current Assets	9 348 000	9 099 000	11 116 000	12 425 000
Total Assets	21 159 000	19 934 000	21 951 000	23 260 000
Total Equity	18 173 000	17 314 000	19 233 000	20 443 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 543 000	2 566 000	2 667 000	2 709 000
Creditors	0	0	23 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	442 000	22 000	11 000	62 000
Total Current Debt	442 000	54 000	51 000	108 000
Total Equity and Debt	21 159 000	19 934 000	21 951 000	23 260 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,23 %	6,24 %	−3,69 %	5,5 %
Debt-to-Equity Ratio	0,14	0,15	0,14	0,13
Operating Profit Margin	16,11 %	54,94 %	32,8 %	45,31 %
Current Ratio	21,15	168,5	217,96	115,05
Quick Ratio	−7,02	−5,29	−9,09	−10,66
Equity Ratio	0,86	0,87	0,88	0,88
Gross Profit Margin	50 %	67,59 %	54,78 %	54,69 %