HOUSE OF FRETER AS

0160 OSLO

Finances

Return on Equity

97,77 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 213 000	10 341 000	7 910 000	8 840 000
Net Income	2 151 000	1 686 000	1 056 000	766 000
Total Assets	5 553 000	4 361 000	2 672 000	3 055 000
Total Equity	2 200 000	2 049 000	1 963 000	957 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 213 000	10 341 000	7 910 000	8 840 000
Expenditure	13 403 000	8 114 000	6 531 000	7 853 000
Operating Profit	2 810 000	2 227 000	1 379 000	988 000
Financial Income	0	0	0	1 000
Financial Costs	4 000	0	1 000	4 000
Financial Balance	−4 000	0	−1 000	−3 000
Earnings Before Tax	2 806 000	2 227 000	1 377 000	984 000
Tax	655 000	542 000	321 000	218 000
Net Income	2 151 000	1 686 000	1 056 000	766 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	685 000	680 000	1 059 000	1 187 000
Total Current Assets	4 868 000	3 681 000	1 613 000	1 868 000
Total Assets	5 553 000	4 361 000	2 672 000	3 055 000
Total Retained Equity	2 112 000	1 961 000	1 938 000	932 000
Total Equity	2 200 000	2 049 000	1 963 000	957 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 353 000	2 312 000	709 000	2 097 000
Total Equity and Debt	5 553 000	4 361 000	2 672 000	3 055 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 213 000	9 855 000	7 071 000	8 923 000
Other Income	0	487 000	839 000	−83 000
Revenue	16 213 000	10 341 000	7 910 000	8 840 000
Cost of Goods Sold	4 381 000	2 528 000	1 973 000	2 773 000
Salary Costs	5 027 000	2 863 000	1 895 000	2 049 000
Depreciation	420 000	378 000	329 000	280 000
Impairment	0	0	0	0
Expenditure	13 403 000	8 114 000	6 531 000	7 853 000
Operating Profit	2 810 000	2 227 000	1 379 000	988 000
Financial Income	0	0	0	1 000
Financial Costs	4 000	0	1 000	4 000
Financial Balance	−4 000	0	−1 000	−3 000
Dividends	400 000	0	50 000	1 090 000
Net Income	2 151 000	1 686 000	1 056 000	766 000

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	685 000	680 000	1 059 000	1 187 000
Total Tangible Assets	685 000	680 000	1 059 000	1 187 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	685 000	680 000	1 059 000	1 187 000
Stock	300 000	302 000	298 000	195 000
Total Investments	0	0	0	0
Cash, Bank	4 215 000	2 894 000	635 000	1 408 000
Total Current Assets	4 868 000	3 681 000	1 613 000	1 868 000
Total Assets	5 553 000	4 361 000	2 672 000	3 055 000
Total Equity	2 200 000	2 049 000	1 963 000	957 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	274 000	0	57 000	302 000
Unpaid Taxes	701 000	473 000	14 000	364 000
Dividends	400 000	0	50 000	1 090 000
Other Current Debt	1 323 000	497 000	317 000	563 000
Total Current Debt	3 353 000	2 312 000	709 000	2 097 000
Total Equity and Debt	5 553 000	4 361 000	2 672 000	3 055 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,77 %	82,28 %	53,8 %	80,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,33 %	21,54 %	17,43 %	11,18 %
Current Ratio	1,45	1,59	2,28	0,89
Quick Ratio	1,59	1,83	3,92	0,98
Equity Ratio	0,4	0,47	0,73	0,31
Gross Profit Margin	72,98 %	75,55 %	75,06 %	68,63 %