FROSTA VVS AS

7633 FROSTA

Finances

Return on Equity

46,05 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 281 000	7 202 000	8 238 000	5 969 000
Net Income	792 000	57 000	653 000	656 000
Total Assets	6 293 000	3 005 000	3 625 000	2 143 000
Total Equity	1 720 000	1 928 000	1 994 000	1 341 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 281 000	7 202 000	8 238 000	5 969 000
Expenditure	14 247 000	7 128 000	7 409 000	5 139 000
Operating Profit	1 034 000	73 000	830 000	830 000
Financial Income	15 000	3 000	24 000	21 000
Financial Costs	4 000	2 000	17 000	12 000
Financial Balance	11 000	1 000	7 000	9 000
Earnings Before Tax	1 045 000	74 000	837 000	838 000
Tax	254 000	17 000	184 000	182 000
Net Income	792 000	57 000	653 000	656 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	203 000	250 000	150 000
Total Current Assets	6 202 000	2 803 000	3 375 000	1 994 000
Total Assets	6 293 000	3 005 000	3 625 000	2 143 000
Total Retained Equity	774 000	1 246 000	1 394 000	741 000
Total Equity	1 720 000	1 928 000	1 994 000	1 341 000
Total Long-Term Debt	0	39 000	73 000	0
Total Current Debt	4 573 000	1 039 000	1 558 000	803 000
Total Equity and Debt	6 293 000	3 005 000	3 625 000	2 143 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 208 000	7 194 000	8 220 000	5 969 000
Other Income	73 000	7 000	18 000	0
Revenue	15 281 000	7 202 000	8 238 000	5 969 000
Cost of Goods Sold	6 743 000	3 270 000	4 155 000	2 038 000
Salary Costs	5 856 000	2 695 000	2 276 000	2 095 000
Depreciation	36 000	50 000	60 000	28 000
Impairment	0	0	0	0
Expenditure	14 247 000	7 128 000	7 409 000	5 139 000
Operating Profit	1 034 000	73 000	830 000	830 000
Financial Income	15 000	3 000	24 000	21 000
Financial Costs	4 000	2 000	17 000	12 000
Financial Balance	11 000	1 000	7 000	9 000
Dividends	1 000 000	0	0	0
Net Income	792 000	57 000	653 000	656 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	87 000	74 000	73 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	70 000	95 000	146 000	46 000
Total Tangible Assets	70 000	95 000	146 000	46 000
Total Fiancial Fixed Assets	20 000	20 000	31 000	31 000
Total Fixed Assets	90 000	203 000	250 000	150 000
Stock	1 224 000	1 049 000	861 000	783 000
Total Investments	0	0	0	0
Cash, Bank	2 251 000	680 000	1 109 000	746 000
Total Current Assets	6 202 000	2 803 000	3 375 000	1 994 000
Total Assets	6 293 000	3 005 000	3 625 000	2 143 000
Total Equity	1 720 000	1 928 000	1 994 000	1 341 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	39 000	73 000	0
Creditors	1 548 000	28 000	463 000	23 000
Unpaid Taxes	812 000	415 000	391 000	340 000
Dividends	1 000 000	0	0	0
Other Current Debt	1 046 000	567 000	519 000	428 000
Total Current Debt	4 573 000	1 039 000	1 558 000	803 000
Total Equity and Debt	6 293 000	3 005 000	3 625 000	2 143 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,05 %	2,96 %	32,75 %	48,92 %
Debt-to-Equity Ratio	0	0,02	0,04	0
Operating Profit Margin	6,77 %	1,01 %	10,08 %	13,91 %
Current Ratio	1,36	2,7	2,17	2,48
Quick Ratio	1,85	−280,3	4,84	99,7
Equity Ratio	0,27	0,64	0,55	0,63
Gross Profit Margin	55,87 %	54,6 %	49,56 %	65,86 %