FRI SIKT VOLSDALSBERGA AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

8,86 %

Current Ratio

2,21

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	184 432 000	198 537 000	158 983 000	150 139 000
Net Income	11 480 000	22 309 000	14 811 000	13 719 000
Total Assets	242 828 000	276 458 000	480 557 000	263 920 000
Total Equity	129 512 000	118 032 000	95 723 000	80 911 000

Income (NOK)	2022	2021	2020	2019
Revenue	184 432 000	198 537 000	158 983 000	150 139 000
Expenditure	169 748 000	169 929 000	139 986 000	132 277 000
Operating Profit	14 684 000	28 609 000	18 997 000	17 862 000
Financial Income	67 000	2 000	4 000	15 000
Financial Costs	42 000	1 000	8 000	15 000
Financial Balance	25 000	1 000	−4 000	0
Earnings Before Tax	14 725 000	28 610 000	18 989 000	17 876 000
Tax	3 245 000	6 301 000	4 178 000	4 158 000
Net Income	11 480 000	22 309 000	14 811 000	13 719 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	209 000	279 000	0	0
Total Current Assets	242 619 000	276 179 000	480 557 000	263 920 000
Total Assets	242 828 000	276 458 000	480 557 000	263 920 000
Total Retained Equity	65 712 000	54 232 000	31 923 000	17 111 000
Total Equity	129 512 000	118 032 000	95 723 000	80 911 000
Total Long-Term Debt	3 673 000	3 301 000	7 915 000	3 737 000
Total Current Debt	109 643 000	155 125 000	376 920 000	179 272 000
Total Equity and Debt	242 828 000	276 458 000	480 557 000	263 920 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	184 432 000	198 537 000	158 983 000	150 139 000
Other Income	0	0	0	0
Revenue	184 432 000	198 537 000	158 983 000	150 139 000
Cost of Goods Sold	168 906 000	169 323 000	139 773 000	132 024 000
Salary Costs	0	0	0	0
Depreciation	70 000	70 000	0	0
Impairment	0	0	0	0
Expenditure	169 748 000	169 929 000	139 986 000	132 277 000
Operating Profit	14 684 000	28 609 000	18 997 000	17 862 000
Financial Income	67 000	2 000	4 000	15 000
Financial Costs	42 000	1 000	8 000	15 000
Financial Balance	25 000	1 000	−4 000	0
Dividends	0	0	0	0
Net Income	11 480 000	22 309 000	14 811 000	13 719 000

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	209 000	279 000	0	0
Total Tangible Assets	209 000	279 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	209 000	279 000	0	0
Stock	231 001 000	272 275 000	476 692 000	260 854 000
Total Investments	0	0	0	0
Cash, Bank	4 007 000	2 373 000	3 560 000	3 066 000
Total Current Assets	242 619 000	276 179 000	480 557 000	263 920 000
Total Assets	242 828 000	276 458 000	480 557 000	263 920 000
Total Equity	129 512 000	118 032 000	95 723 000	80 911 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 673 000	3 301 000	7 915 000	3 737 000
Creditors	5 395 000	9 300 000	8 336 000	14 682 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 887 000	4 425 000	0	2 700 000
Total Current Debt	109 643 000	155 125 000	376 920 000	179 272 000
Total Equity and Debt	242 828 000	276 458 000	480 557 000	263 920 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,86 %	18,9 %	15,47 %	16,96 %
Debt-to-Equity Ratio	0,03	0,03	0,08	0,05
Operating Profit Margin	7,96 %	14,41 %	11,95 %	11,9 %
Current Ratio	2,21	1,78	1,27	1,47
Quick Ratio	−2	−2,36	−4,82	−3,24
Equity Ratio	0,53	0,43	0,2	0,31
Gross Profit Margin	8,42 %	14,71 %	12,08 %	12,07 %