FRØYA - HITRA TRANSPORTSERVICE AS

7273 NORDDYRØY

Finances

Share Ownership

Return on Equity

7,44 %

Current Ratio

2,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 007 000	9 950 000	7 880 000	7 018 000
Net Income	176 000	514 000	119 000	272 000
Total Assets	3 958 000	3 867 000	3 255 000	2 863 000
Total Equity	2 365 000	2 189 000	1 532 000	1 462 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 007 000	9 950 000	7 880 000	7 018 000
Expenditure	10 776 000	9 272 000	7 704 000	6 600 000
Operating Profit	230 000	678 000	175 000	418 000
Financial Income	0	0	0	0
Financial Costs	5 000	18 000	19 000	66 000
Financial Balance	−5 000	−18 000	−19 000	−66 000
Earnings Before Tax	225 000	660 000	156 000	353 000
Tax	50 000	146 000	36 000	80 000
Net Income	176 000	514 000	119 000	272 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	622 000	435 000	637 000	665 000
Total Current Assets	3 336 000	3 433 000	2 618 000	2 198 000
Total Assets	3 958 000	3 867 000	3 255 000	2 863 000
Total Retained Equity	2 265 000	2 089 000	1 432 000	1 362 000
Total Equity	2 365 000	2 189 000	1 532 000	1 462 000
Total Long-Term Debt	0	0	204 000	204 000
Total Current Debt	1 593 000	1 678 000	1 520 000	1 196 000
Total Equity and Debt	3 958 000	3 867 000	3 255 000	2 863 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 973 000	9 950 000	7 880 000	7 018 000
Other Income	34 000	0	0	0
Revenue	11 007 000	9 950 000	7 880 000	7 018 000
Cost of Goods Sold	58 000	417 000	479 000	822 000
Salary Costs	3 596 000	3 347 000	2 836 000	2 453 000
Depreciation	163 000	230 000	308 000	286 000
Impairment	0	0	0	0
Expenditure	10 776 000	9 272 000	7 704 000	6 600 000
Operating Profit	230 000	678 000	175 000	418 000
Financial Income	0	0	0	0
Financial Costs	5 000	18 000	19 000	66 000
Financial Balance	−5 000	−18 000	−19 000	−66 000
Dividends	0	0	50 000	150 000
Net Income	176 000	514 000	119 000	272 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	56 000	50 000	33 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	140 000	195 000	358 000	165 000
Fixtures	111 000	150 000	159 000	400 000
Total Tangible Assets	251 000	345 000	517 000	565 000
Total Fiancial Fixed Assets	315 000	40 000	87 000	95 000
Total Fixed Assets	622 000	435 000	637 000	665 000
Stock	0	0	54 000	24 000
Total Investments	0	0	0	0
Cash, Bank	1 350 000	2 303 000	803 000	1 106 000
Total Current Assets	3 336 000	3 433 000	2 618 000	2 198 000
Total Assets	3 958 000	3 867 000	3 255 000	2 863 000
Total Equity	2 365 000	2 189 000	1 532 000	1 462 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	204 000	204 000
Creditors	656 000	341 000	553 000	413 000
Unpaid Taxes	415 000	334 000	404 000	278 000
Dividends	0	0	50 000	150 000
Other Current Debt	467 000	840 000	448 000	265 000
Total Current Debt	1 593 000	1 678 000	1 520 000	1 196 000
Total Equity and Debt	3 958 000	3 867 000	3 255 000	2 863 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,44 %	23,48 %	7,77 %	18,6 %
Debt-to-Equity Ratio	0	0	0,13	0,14
Operating Profit Margin	2,09 %	6,81 %	2,22 %	5,96 %
Current Ratio	2,09	2,05	1,72	1,84
Quick Ratio	2,09	2,05	1,79	1,88
Equity Ratio	0,6	0,57	0,47	0,51
Gross Profit Margin	99,47 %	95,81 %	93,92 %	88,29 %