FROTVEIT TRANSPORT AS

5209 OS

Finances

Return on Equity

47,27 %

Current Ratio

4,45

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 695 000	2 141 000	2 461 000	2 449 000
Net Income	398 000	4 000	−366 000	−42 000
Total Assets	1 215 000	971 000	1 300 000	1 110 000
Total Equity	842 000	444 000	440 000	807 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 695 000	2 141 000	2 461 000	2 449 000
Expenditure	3 242 000	2 134 000	2 821 000	2 489 000
Operating Profit	453 000	6 000	−360 000	−40 000
Financial Income	8 000	8 000	8 000	9 000
Financial Costs	6 000	11 000	15 000	11 000
Financial Balance	2 000	−3 000	−7 000	−2 000
Earnings Before Tax	456 000	4 000	−366 000	−42 000
Tax	58 000	0	0	0
Net Income	398 000	4 000	−366 000	−42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	47 000	62 000	180 000
Total Current Assets	1 184 000	924 000	1 238 000	930 000
Total Assets	1 215 000	971 000	1 300 000	1 110 000
Total Retained Equity	732 000	334 000	330 000	697 000
Total Equity	842 000	444 000	440 000	807 000
Total Long-Term Debt	107 000	258 000	439 000	63 000
Total Current Debt	266 000	269 000	421 000	241 000
Total Equity and Debt	1 215 000	971 000	1 300 000	1 110 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 695 000	2 141 000	2 461 000	2 449 000
Other Income	0	0	0	0
Revenue	3 695 000	2 141 000	2 461 000	2 449 000
Cost of Goods Sold	108 000	87 000	91 000	30 000
Salary Costs	1 214 000	984 000	1 202 000	1 042 000
Depreciation	15 000	15 000	118 000	133 000
Impairment	0	0	0	0
Expenditure	3 242 000	2 134 000	2 821 000	2 489 000
Operating Profit	453 000	6 000	−360 000	−40 000
Financial Income	8 000	8 000	8 000	9 000
Financial Costs	6 000	11 000	15 000	11 000
Financial Balance	2 000	−3 000	−7 000	−2 000
Dividends	0	0	0	0
Net Income	398 000	4 000	−366 000	−42 000

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	23 000	33 000	0	0
Fixtures	8 000	14 000	62 000	180 000
Total Tangible Assets	31 000	47 000	62 000	180 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 000	47 000	62 000	180 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	339 000	645 000	380 000	492 000
Total Current Assets	1 184 000	924 000	1 238 000	930 000
Total Assets	1 215 000	971 000	1 300 000	1 110 000
Total Equity	842 000	444 000	440 000	807 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	107 000	258 000	439 000	63 000
Creditors	0	−47 000	29 000	36 000
Unpaid Taxes	96 000	96 000	285 000	112 000
Dividends	0	0	0	0
Other Current Debt	112 000	220 000	107 000	93 000
Total Current Debt	266 000	269 000	421 000	241 000
Total Equity and Debt	1 215 000	971 000	1 300 000	1 110 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,27 %	0,9 %	−83,18 %	−5,2 %
Debt-to-Equity Ratio	0,13	0,58	1	0,08
Operating Profit Margin	12,26 %	0,28 %	−14,63 %	−1,63 %
Current Ratio	4,45	3,43	2,94	3,86
Quick Ratio	4,45	3,43	2,94	3,86
Equity Ratio	0,69	0,46	0,34	0,73
Gross Profit Margin	97,08 %	95,94 %	96,3 %	98,78 %