ARNE FROSTAD HOLDING AS

1407 VINTERBRO

Finances

Return on Equity

−14,22 %

Current Ratio

21,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−4 881 000	−4 884 000	7 997 000	−8 393 000
Total Assets	34 873 000	40 082 000	45 600 000	36 282 000
Total Equity	34 335 000	39 216 000	44 101 000	36 104 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	874 000	1 644 000	1 223 000	1 146 000
Operating Profit	−873 000	−1 644 000	−1 223 000	−1 146 000
Financial Income	−2 756 000	−703 000	25 615 000	−3 167 000
Financial Costs	1 252 000	2 537 000	16 395 000	4 080 000
Financial Balance	−4 008 000	−3 240 000	9 220 000	−7 247 000
Earnings Before Tax	−4 881 000	−4 884 000	7 997 000	−8 393 000
Tax	0	0	0	0
Net Income	−4 881 000	−4 884 000	7 997 000	−8 393 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 121 000	22 598 000	21 575 000	16 565 000
Total Current Assets	11 752 000	17 484 000	24 025 000	19 717 000
Total Assets	34 873 000	40 082 000	45 600 000	36 282 000
Total Retained Equity	32 620 000	37 502 000	42 386 000	34 389 000
Total Equity	34 335 000	39 216 000	44 101 000	36 104 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	538 000	866 000	1 499 000	179 000
Total Equity and Debt	34 873 000	40 082 000	45 600 000	36 282 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	820 000	1 169 000	1 154 000	1 080 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	874 000	1 644 000	1 223 000	1 146 000
Operating Profit	−873 000	−1 644 000	−1 223 000	−1 146 000
Financial Income	−2 756 000	−703 000	25 615 000	−3 167 000
Financial Costs	1 252 000	2 537 000	16 395 000	4 080 000
Financial Balance	−4 008 000	−3 240 000	9 220 000	−7 247 000
Dividends	0	0	0	0
Net Income	−4 881 000	−4 884 000	7 997 000	−8 393 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	23 121 000	22 598 000	21 575 000	16 565 000
Total Fixed Assets	23 121 000	22 598 000	21 575 000	16 565 000
Stock	2 002 000	2 002 000	2 002 000	0
Total Investments	1 855 000	10 172 000	15 448 000	13 476 000
Cash, Bank	3 690 000	820 000	2 181 000	1 740 000
Total Current Assets	11 752 000	17 484 000	24 025 000	19 717 000
Total Assets	34 873 000	40 082 000	45 600 000	36 282 000
Total Equity	34 335 000	39 216 000	44 101 000	36 104 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	11 000	6 000	9 000
Unpaid Taxes	22 000	65 000	64 000	60 000
Dividends	0	0	0	0
Other Current Debt	516 000	790 000	1 429 000	111 000
Total Current Debt	538 000	866 000	1 499 000	179 000
Total Equity and Debt	34 873 000	40 082 000	45 600 000	36 282 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,22 %	−12,45 %	18,13 %	−23,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	21,84	20,19	16,03	110,15
Quick Ratio	−8,03	−15,39	−47,76	110,15
Equity Ratio	0,98	0,98	0,97	1
Gross Profit Margin	-	-	-	-