FRODE AAS AS

4790 LILLESAND

Finances

Return on Equity

23,9 %

Current Ratio

17,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	811 000	490 000	789 000	251 000
Total Assets	3 600 000	2 983 000	2 645 000	1 855 000
Total Equity	3 393 000	2 881 000	2 492 000	1 852 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	11 000	11 000	11 000	10 000
Operating Profit	−11 000	−11 000	−11 000	−10 000
Financial Income	830 000	501 000	804 000	264 000
Financial Costs	0	0	0	0
Financial Balance	830 000	501 000	804 000	264 000
Earnings Before Tax	819 000	491 000	793 000	253 000
Tax	8 000	1 000	4 000	2 000
Net Income	811 000	490 000	789 000	251 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	37 000	37 000	37 000
Total Current Assets	3 563 000	2 945 000	2 608 000	1 817 000
Total Assets	3 600 000	2 983 000	2 645 000	1 855 000
Total Retained Equity	3 293 000	2 781 000	2 392 000	1 752 000
Total Equity	3 393 000	2 881 000	2 492 000	1 852 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	208 000	101 000	154 000	2 000
Total Equity and Debt	3 600 000	2 983 000	2 645 000	1 855 000

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	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 000	11 000	11 000	10 000
Operating Profit	−11 000	−11 000	−11 000	−10 000
Financial Income	830 000	501 000	804 000	264 000
Financial Costs	0	0	0	0
Financial Balance	830 000	501 000	804 000	264 000
Dividends	200 000	100 000	150 000	0
Net Income	811 000	490 000	789 000	251 000

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	37 000	37 000	37 000	37 000
Total Fixed Assets	37 000	37 000	37 000	37 000
Stock	0	0	0	0
Total Investments	1 625 000	1 500 000	1 000 000	0
Cash, Bank	1 238 000	945 000	808 000	1 567 000
Total Current Assets	3 563 000	2 945 000	2 608 000	1 817 000
Total Assets	3 600 000	2 983 000	2 645 000	1 855 000
Total Equity	3 393 000	2 881 000	2 492 000	1 852 000
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	200 000	100 000	150 000	0
Other Current Debt	0	0	0	0
Total Current Debt	208 000	101 000	154 000	2 000
Total Equity and Debt	3 600 000	2 983 000	2 645 000	1 855 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,9 %	17,01 %	31,66 %	13,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	17,13	29,16	16,94	908,5
Quick Ratio	17,13	29,16	16,94	908,5
Equity Ratio	0,94	0,97	0,94	1
Gross Profit Margin	-	-	-	-