FRODE GOA AS

4352 KLEPPE

Finances

Share Ownership

Return on Equity

20,92 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	977 000	869 000	1 593 000	665 000
Net Income	73 000	69 000	105 000	−13 000
Total Assets	1 418 000	1 483 000	1 611 000	715 000
Total Equity	349 000	275 000	207 000	105 000

Income (NOK)	2022	2021	2020	2019
Revenue	977 000	869 000	1 593 000	665 000
Expenditure	885 000	764 000	1 434 000	688 000
Operating Profit	91 000	104 000	158 000	−23 000
Financial Income	0	1 000	3 000	8 000
Financial Costs	11 000	17 000	28 000	1 000
Financial Balance	−11 000	−16 000	−25 000	7 000
Earnings Before Tax	80 000	88 000	133 000	−16 000
Tax	7 000	19 000	27 000	−4 000
Net Income	73 000	69 000	105 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	127 000	127 000	127 000	5 000
Total Current Assets	1 291 000	1 356 000	1 484 000	710 000
Total Assets	1 418 000	1 483 000	1 611 000	715 000
Total Retained Equity	243 000	169 000	101 000	−1 000
Total Equity	349 000	275 000	207 000	105 000
Total Long-Term Debt	278 000	370 000	462 000	327 000
Total Current Debt	792 000	837 000	942 000	283 000
Total Equity and Debt	1 418 000	1 483 000	1 611 000	715 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	977 000	869 000	1 593 000	665 000
Other Income	0	0	0	0
Revenue	977 000	869 000	1 593 000	665 000
Cost of Goods Sold	426 000	360 000	894 000	252 000
Salary Costs	14 000	4 000	124 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	885 000	764 000	1 434 000	688 000
Operating Profit	91 000	104 000	158 000	−23 000
Financial Income	0	1 000	3 000	8 000
Financial Costs	11 000	17 000	28 000	1 000
Financial Balance	−11 000	−16 000	−25 000	7 000
Dividends	0	0	0	0
Net Income	73 000	69 000	105 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
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	127 000	127 000	127 000	0
Total Fixed Assets	127 000	127 000	127 000	5 000
Stock	398 000	414 000	414 000	375 000
Total Investments	0	0	0	0
Cash, Bank	33 000	149 000	197 000	184 000
Total Current Assets	1 291 000	1 356 000	1 484 000	710 000
Total Assets	1 418 000	1 483 000	1 611 000	715 000
Total Equity	349 000	275 000	207 000	105 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	278 000	370 000	462 000	327 000
Creditors	599 000	594 000	597 000	198 000
Unpaid Taxes	45 000	103 000	124 000	0
Dividends	0	0	0	0
Other Current Debt	130 000	125 000	195 000	85 000
Total Current Debt	792 000	837 000	942 000	283 000
Total Equity and Debt	1 418 000	1 483 000	1 611 000	715 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,92 %	25,09 %	50,72 %	−12,38 %
Debt-to-Equity Ratio	0,8	1,35	2,23	3,11
Operating Profit Margin	9,31 %	11,97 %	9,92 %	−3,46 %
Current Ratio	1,63	1,62	1,58	2,51
Quick Ratio	3,28	3,21	2,81	−7,72
Equity Ratio	0,25	0,19	0,13	0,15
Gross Profit Margin	56,4 %	58,57 %	43,88 %	62,11 %