FROSTA HAGEBY AS

7633 FROSTA

Finances

Share Ownership

Return on Equity

−11,49 %

Current Ratio

9,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	471 000	2 299 000	10 421 000	476 000
Net Income	−283 000	219 000	2 645 000	−422 000
Total Assets	2 545 000	2 954 000	5 605 000	5 269 000
Total Equity	2 462 000	2 745 000	2 525 000	−120 000

Income (NOK)	2022	2021	2020	2019
Revenue	471 000	2 299 000	10 421 000	476 000
Expenditure	829 000	1 069 000	5 312 000	958 000
Operating Profit	−359 000	280 000	3 436 000	−481 000
Financial Income	0	0	1 000	1 000
Financial Costs	4 000	−1 000	46 000	61 000
Financial Balance	−4 000	1 000	−45 000	−60 000
Earnings Before Tax	−363 000	281 000	3 392 000	−541 000
Tax	−80 000	62 000	746 000	−119 000
Net Income	−283 000	219 000	2 645 000	−422 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 728 000	1 834 000	2 108 000	1 395 000
Total Current Assets	817 000	1 120 000	3 497 000	3 874 000
Total Assets	2 545 000	2 954 000	5 605 000	5 269 000
Total Retained Equity	2 360 000	2 643 000	2 424 000	−222 000
Total Equity	2 462 000	2 745 000	2 525 000	−120 000
Total Long-Term Debt	0	0	0	1 476 000
Total Current Debt	83 000	209 000	3 079 000	3 913 000
Total Equity and Debt	2 545 000	2 954 000	5 605 000	5 269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	256 000	2 103 000	10 234 000	51 000
Other Income	215 000	196 000	187 000	425 000
Revenue	471 000	2 299 000	10 421 000	476 000
Cost of Goods Sold	108 000	145 000	4 510 000	0
Salary Costs	127 000	112 000	178 000	237 000
Depreciation	185 000	202 000	126 000	80 000
Impairment	0	0	0	0
Expenditure	829 000	1 069 000	5 312 000	958 000
Operating Profit	−359 000	280 000	3 436 000	−481 000
Financial Income	0	0	1 000	1 000
Financial Costs	4 000	−1 000	46 000	61 000
Financial Balance	−4 000	1 000	−45 000	−60 000
Dividends	0	0	0	0
Net Income	−283 000	219 000	2 645 000	−422 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	289 000	209 000	211 000	390 000
Real Eastate	366 000	388 000	410 000	431 000
Machinery and Plant Facilities	252 000	312 000	229 000	275 000
Fixtures	0	0	0	11 000
Total Tangible Assets	1 439 000	1 624 000	1 897 000	1 005 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 728 000	1 834 000	2 108 000	1 395 000
Stock	0	0	950 000	2 624 000
Total Investments	0	0	0	0
Cash, Bank	779 000	1 064 000	2 525 000	1 204 000
Total Current Assets	817 000	1 120 000	3 497 000	3 874 000
Total Assets	2 545 000	2 954 000	5 605 000	5 269 000
Total Equity	2 462 000	2 745 000	2 525 000	−120 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 476 000
Creditors	6 000	16 000	290 000	495 000
Unpaid Taxes	46 000	54 000	468 000	89 000
Dividends	0	0	0	0
Other Current Debt	32 000	79 000	1 754 000	3 329 000
Total Current Debt	83 000	209 000	3 079 000	3 913 000
Total Equity and Debt	2 545 000	2 954 000	5 605 000	5 269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,49 %	7,98 %	104,75 %	351,67 %
Debt-to-Equity Ratio	0	0	0	−12,3
Operating Profit Margin	−76,22 %	12,18 %	32,97 %	−101,05 %
Current Ratio	9,84	5,36	1,14	0,99
Quick Ratio	9,84	5,36	1,64	3,01
Equity Ratio	0,97	0,93	0,45	−0,02
Gross Profit Margin	77,07 %	93,69 %	56,72 %	100 %