FRONEX AS

6590 TUSTNA

Finances

Return on Equity

−0,51 %

Current Ratio

51,29

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 000	255 000	192 000	144 000
Net Income	−14 000	151 000	−16 000	−66 000
Total Assets	2 973 000	3 045 000	3 098 000	3 079 000
Total Equity	2 734 000	2 747 000	2 596 000	2 611 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 000	255 000	192 000	144 000
Expenditure	75 000	75 000	81 000	227 000
Operating Profit	−34 000	181 000	111 000	−82 000
Financial Income	16 000	13 000	11 000	11 000
Financial Costs	0	0	122 000	0
Financial Balance	16 000	13 000	−111 000	11 000
Earnings Before Tax	−17 000	194 000	1 000	−71 000
Tax	−4 000	43 000	16 000	−5 000
Net Income	−14 000	151 000	−16 000	−66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 255 000	2 303 000	2 350 000	2 645 000
Total Current Assets	718 000	742 000	748 000	434 000
Total Assets	2 973 000	3 045 000	3 098 000	3 079 000
Total Retained Equity	2 634 000	2 647 000	2 496 000	2 511 000
Total Equity	2 734 000	2 747 000	2 596 000	2 611 000
Total Long-Term Debt	226 000	231 000	452 000	163 000
Total Current Debt	14 000	66 000	50 000	305 000
Total Equity and Debt	2 973 000	3 045 000	3 098 000	3 079 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	58 000	10 000
Other Income	42 000	255 000	134 000	135 000
Revenue	42 000	255 000	192 000	144 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	60 000	59 000	59 000	104 000
Impairment	0	0	0	0
Expenditure	75 000	75 000	81 000	227 000
Operating Profit	−34 000	181 000	111 000	−82 000
Financial Income	16 000	13 000	11 000	11 000
Financial Costs	0	0	122 000	0
Financial Balance	16 000	13 000	−111 000	11 000
Dividends	0	0	0	0
Net Income	−14 000	151 000	−16 000	−66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 708 000	1 768 000	1 827 000	1 886 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 708 000	1 768 000	1 827 000	1 886 000
Total Fiancial Fixed Assets	547 000	534 000	522 000	759 000
Total Fixed Assets	2 255 000	2 303 000	2 350 000	2 645 000
Stock	0	0	0	0
Total Investments	0	0	0	10 000
Cash, Bank	153 000	162 000	257 000	241 000
Total Current Assets	718 000	742 000	748 000	434 000
Total Assets	2 973 000	3 045 000	3 098 000	3 079 000
Total Equity	2 734 000	2 747 000	2 596 000	2 611 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	226 000	231 000	452 000	163 000
Creditors	1 000	1 000	1 000	0
Unpaid Taxes	11 000	65 000	48 000	15 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	290 000
Total Current Debt	14 000	66 000	50 000	305 000
Total Equity and Debt	2 973 000	3 045 000	3 098 000	3 079 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,51 %	5,5 %	−0,62 %	−2,53 %
Debt-to-Equity Ratio	0,08	0,08	0,17	0,06
Operating Profit Margin	−80,95 %	70,98 %	57,81 %	−56,94 %
Current Ratio	51,29	11,24	14,96	1,42
Quick Ratio	51,29	11,24	14,96	1,42
Equity Ratio	0,92	0,9	0,84	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %