FRODE THORVALDSEN HOLDING AS

0484 OSLO

Finances

Return on Equity

23,34 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	300 000	300 000	400 000	25 000
Net Income	221 000	221 000	295 000	6 000
Total Assets	1 481 000	1 903 000	2 040 000	1 942 000
Total Equity	947 000	1 726 000	1 835 000	1 940 000

Income (NOK)	2022	2021	2020	2019
Revenue	300 000	300 000	400 000	25 000
Expenditure	17 000	17 000	21 000	18 000
Operating Profit	283 000	283 000	379 000	7 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	283 000	283 000	378 000	7 000
Tax	62 000	62 000	83 000	2 000
Net Income	221 000	221 000	295 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	875 000	1 075 000	1 075 000	1 075 000
Total Current Assets	605 000	827 000	965 000	866 000
Total Assets	1 481 000	1 903 000	2 040 000	1 942 000
Total Retained Equity	847 000	1 626 000	1 735 000	1 840 000
Total Equity	947 000	1 726 000	1 835 000	1 940 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	534 000	177 000	205 000	2 000
Total Equity and Debt	1 481 000	1 903 000	2 040 000	1 942 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	300 000	300 000	400 000	25 000
Other Income	0	0	0	0
Revenue	300 000	300 000	400 000	25 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 000	17 000	21 000	18 000
Operating Profit	283 000	283 000	379 000	7 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	221 000	221 000	295 000	6 000

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	875 000	1 075 000	1 075 000	1 075 000
Total Fixed Assets	875 000	1 075 000	1 075 000	1 075 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	605 000	127 000	265 000	141 000
Total Current Assets	605 000	827 000	965 000	866 000
Total Assets	1 481 000	1 903 000	2 040 000	1 942 000
Total Equity	947 000	1 726 000	1 835 000	1 940 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	472 000	114 000	122 000	0
Total Current Debt	534 000	177 000	205 000	2 000
Total Equity and Debt	1 481 000	1 903 000	2 040 000	1 942 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,34 %	12,8 %	16,08 %	0,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	94,33 %	94,33 %	94,75 %	28 %
Current Ratio	1,13	4,67	4,71	433
Quick Ratio	1,13	4,67	4,71	433
Equity Ratio	0,64	0,91	0,9	1
Gross Profit Margin	100 %	100 %	100 %	100 %