FROST UTVIKLING AS

0161 OSLO

Finances

Return on Equity

173,7 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	175 000	1 268 000	13 175 000	617 000
Net Income	8 176 000	−3 241 000	−4 019 000	−11 974 000
Total Assets	23 806 000	14 663 000	26 736 000	21 946 000
Total Equity	4 707 000	5 932 000	9 172 000	2 867 000

Income (NOK)	2022	2021	2020	2019
Revenue	175 000	1 268 000	13 175 000	617 000
Expenditure	7 162 000	8 270 000	4 771 000	13 376 000
Operating Profit	−6 988 000	−7 003 000	8 403 000	−12 759 000
Financial Income	15 741 000	14 422 000	718 000	667 000
Financial Costs	578 000	5 141 000	12 227 000	1 167 000
Financial Balance	15 163 000	9 281 000	−11 509 000	−500 000
Earnings Before Tax	8 176 000	2 278 000	−3 106 000	−13 259 000
Tax	0	5 519 000	913 000	−1 285 000
Net Income	8 176 000	−3 241 000	−4 019 000	−11 974 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	6 024 000	12 627 000	16 004 000
Total Current Assets	23 762 000	8 639 000	14 109 000	5 942 000
Total Assets	23 806 000	14 663 000	26 736 000	21 946 000
Total Retained Equity	95 000	−4 388 000	−1 147 000	−7 452 000
Total Equity	4 707 000	5 932 000	9 172 000	2 867 000
Total Long-Term Debt	0	0	0	1 705 000
Total Current Debt	19 099 000	8 731 000	17 564 000	17 373 000
Total Equity and Debt	23 806 000	14 663 000	26 736 000	21 946 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	175 000	1 268 000	13 175 000	617 000
Revenue	175 000	1 268 000	13 175 000	617 000
Cost of Goods Sold	−540 000	0	−933 000	451 000
Salary Costs	0	141 000	702 000	2 284 000
Depreciation	17 000	17 000	461 000	474 000
Impairment	0	0	0	0
Expenditure	7 162 000	8 270 000	4 771 000	13 376 000
Operating Profit	−6 988 000	−7 003 000	8 403 000	−12 759 000
Financial Income	15 741 000	14 422 000	718 000	667 000
Financial Costs	578 000	5 141 000	12 227 000	1 167 000
Financial Balance	15 163 000	9 281 000	−11 509 000	−500 000
Dividends	9 400 000	0	0	0
Net Income	8 176 000	−3 241 000	−4 019 000	−11 974 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	45 000	62 000	5 598 000	6 972 000
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	5 963 000	7 029 000	9 032 000
Total Fixed Assets	45 000	6 024 000	12 627 000	16 004 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	58 000	556 000
Total Current Assets	23 762 000	8 639 000	14 109 000	5 942 000
Total Assets	23 806 000	14 663 000	26 736 000	21 946 000
Total Equity	4 707 000	5 932 000	9 172 000	2 867 000
Short-Term Group Debt	0	0	0	4 167 000
Total Long-Term Debt	0	0	0	1 705 000
Creditors	30 000	42 000	1 355 000	183 000
Unpaid Taxes	0	0	49 000	228 000
Dividends	9 400 000	0	0	0
Other Current Debt	254 000	2 334 000	2 721 000	707 000
Total Current Debt	19 099 000	8 731 000	17 564 000	17 373 000
Total Equity and Debt	23 806 000	14 663 000	26 736 000	21 946 000

Financial indicators	2022	2021	2020	2019
Return on Equity	173,7 %	−54,64 %	−43,82 %	−417,65 %
Debt-to-Equity Ratio	0	0	0	0,59
Operating Profit Margin	−3 993,14 %	−552,29 %	63,78 %	−2 067,91 %
Current Ratio	1,24	0,99	0,8	0,34
Quick Ratio	1,24	0,99	0,8	0,34
Equity Ratio	0,2	0,4	0,34	0,13
Gross Profit Margin	408,57 %	100 %	107,08 %	26,9 %