FROLAND MASKINSERVICE AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

4,52 %

Current Ratio

6,91

Debt-to-Equity Ratio

3,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	561 000	1 453 000	1 010 000	1 641 000
Net Income	31 000	85 000	113 000	−70 000
Total Assets	3 307 000	3 250 000	3 176 000	3 197 000
Total Equity	686 000	655 000	571 000	−1 042 000

Income (NOK)	2022	2021	2020	2019
Revenue	561 000	1 453 000	1 010 000	1 641 000
Expenditure	397 000	1 261 000	763 000	1 593 000
Operating Profit	164 000	191 000	247 000	48 000
Financial Income	0	0	0	0
Financial Costs	133 000	107 000	134 000	118 000
Financial Balance	−133 000	−107 000	−134 000	−118 000
Earnings Before Tax	31 000	85 000	113 000	−70 000
Tax	0	0	0	0
Net Income	31 000	85 000	113 000	−70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 436 000	2 081 000	2 149 000	2 217 000
Total Current Assets	871 000	1 169 000	1 027 000	980 000
Total Assets	3 307 000	3 250 000	3 176 000	3 197 000
Total Retained Equity	−914 000	−945 000	−1 029 000	−1 142 000
Total Equity	686 000	655 000	571 000	−1 042 000
Total Long-Term Debt	2 495 000	2 362 000	2 559 000	3 788 000
Total Current Debt	126 000	233 000	46 000	452 000
Total Equity and Debt	3 307 000	3 250 000	3 176 000	3 197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	561 000	1 451 000	1 010 000	1 641 000
Other Income	0	2 000	0	0
Revenue	561 000	1 453 000	1 010 000	1 641 000
Cost of Goods Sold	548 000	1 002 000	505 000	1 262 000
Salary Costs	24 000	45 000	42 000	69 000
Depreciation	−355 000	68 000	68 000	68 000
Impairment	0	0	0	0
Expenditure	397 000	1 261 000	763 000	1 593 000
Operating Profit	164 000	191 000	247 000	48 000
Financial Income	0	0	0	0
Financial Costs	133 000	107 000	134 000	118 000
Financial Balance	−133 000	−107 000	−134 000	−118 000
Dividends	0	0	0	0
Net Income	31 000	85 000	113 000	−70 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 434 000	2 079 000	2 147 000	2 215 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 434 000	2 079 000	2 147 000	2 215 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	2 436 000	2 081 000	2 149 000	2 217 000
Stock	797 000	918 000	935 000	929 000
Total Investments	0	0	0	0
Cash, Bank	41 000	240 000	67 000	20 000
Total Current Assets	871 000	1 169 000	1 027 000	980 000
Total Assets	3 307 000	3 250 000	3 176 000	3 197 000
Total Equity	686 000	655 000	571 000	−1 042 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 495 000	2 362 000	2 559 000	3 788 000
Creditors	41 000	160 000	13 000	260 000
Unpaid Taxes	1 000	68 000	30 000	1 000
Dividends	0	0	0	0
Other Current Debt	3 000	4 000	3 000	5 000
Total Current Debt	126 000	233 000	46 000	452 000
Total Equity and Debt	3 307 000	3 250 000	3 176 000	3 197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,52 %	12,98 %	19,79 %	6,72 %
Debt-to-Equity Ratio	3,64	3,61	4,48	−3,64
Operating Profit Margin	29,23 %	13,15 %	24,46 %	2,93 %
Current Ratio	6,91	5,02	22,33	2,17
Quick Ratio	−1,3	−1,71	−1,16	−2,05
Equity Ratio	0,21	0,2	0,18	−0,33
Gross Profit Margin	2,32 %	31,04 %	50 %	23,1 %