FROSTA MASKINSERVICE AS

7633 FROSTA

Finances

Share Ownership

Return on Equity

−0,71 %

Current Ratio

2,68

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 574 000	8 466 000	8 575 000	6 610 000
Net Income	−28 000	302 000	1 568 000	916 000
Total Assets	5 454 000	6 214 000	8 119 000	4 495 000
Total Equity	3 919 000	4 312 000	4 651 000	3 083 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 574 000	8 466 000	8 575 000	6 610 000
Expenditure	6 671 000	8 105 000	6 591 000	5 447 000
Operating Profit	−98 000	362 000	1 984 000	1 163 000
Financial Income	62 000	30 000	26 000	38 000
Financial Costs	0	0	0	27 000
Financial Balance	62 000	30 000	26 000	11 000
Earnings Before Tax	−36 000	391 000	2 010 000	1 175 000
Tax	−8 000	89 000	442 000	258 000
Net Income	−28 000	302 000	1 568 000	916 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 323 000	3 144 000	3 334 000	2 747 000
Total Current Assets	3 131 000	3 070 000	4 785 000	1 748 000
Total Assets	5 454 000	6 214 000	8 119 000	4 495 000
Total Retained Equity	1 919 000	2 312 000	2 651 000	1 083 000
Total Equity	3 919 000	4 312 000	4 651 000	3 083 000
Total Long-Term Debt	366 000	477 000	568 000	560 000
Total Current Debt	1 169 000	1 426 000	2 900 000	852 000
Total Equity and Debt	5 454 000	6 214 000	8 119 000	4 495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 546 000	8 340 000	8 038 000	5 196 000
Other Income	28 000	127 000	537 000	1 415 000
Revenue	6 574 000	8 466 000	8 575 000	6 610 000
Cost of Goods Sold	273 000	1 679 000	1 690 000	1 209 000
Salary Costs	1 880 000	2 399 000	1 554 000	1 462 000
Depreciation	633 000	589 000	453 000	399 000
Impairment	0	0	0	0
Expenditure	6 671 000	8 105 000	6 591 000	5 447 000
Operating Profit	−98 000	362 000	1 984 000	1 163 000
Financial Income	62 000	30 000	26 000	38 000
Financial Costs	0	0	0	27 000
Financial Balance	62 000	30 000	26 000	11 000
Dividends	0	0	0	0
Net Income	−28 000	302 000	1 568 000	916 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	71 000	90 000	0	0
Machinery and Plant Facilities	562 000	731 000	145 000	524 000
Fixtures	1 455 000	1 901 000	2 524 000	1 427 000
Total Tangible Assets	2 088 000	2 721 000	2 670 000	1 951 000
Total Fiancial Fixed Assets	234 000	423 000	664 000	796 000
Total Fixed Assets	2 323 000	3 144 000	3 334 000	2 747 000
Stock	533 000	548 000	138 000	332 000
Total Investments	0	0	0	0
Cash, Bank	2 392 000	2 037 000	2 508 000	980 000
Total Current Assets	3 131 000	3 070 000	4 785 000	1 748 000
Total Assets	5 454 000	6 214 000	8 119 000	4 495 000
Total Equity	3 919 000	4 312 000	4 651 000	3 083 000
Short-Term Group Debt	469 000	821 000	1 974 000	0
Total Long-Term Debt	366 000	477 000	568 000	560 000
Creditors	178 000	209 000	507 000	433 000
Unpaid Taxes	337 000	225 000	287 000	149 000
Dividends	0	0	0	0
Other Current Debt	185 000	170 000	132 000	181 000
Total Current Debt	1 169 000	1 426 000	2 900 000	852 000
Total Equity and Debt	5 454 000	6 214 000	8 119 000	4 495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,71 %	7 %	33,71 %	29,71 %
Debt-to-Equity Ratio	0,09	0,11	0,12	0,18
Operating Profit Margin	−1,49 %	4,28 %	23,14 %	17,59 %
Current Ratio	2,68	2,15	1,65	2,05
Quick Ratio	4,92	3,5	1,73	3,36
Equity Ratio	0,72	0,69	0,57	0,69
Gross Profit Margin	95,85 %	80,17 %	80,29 %	81,71 %