FRENT AS

7630 ÅSEN

Finances

Return on Equity

16,49 %

Current Ratio

1,55

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 193 000	70 927 000	41 958 000	51 142 000
Net Income	1 595 000	2 623 000	−1 347 000	1 772 000
Total Assets	23 687 000	29 161 000	17 171 000	18 849 000
Total Equity	9 674 000	8 579 000	6 956 000	8 304 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 193 000	70 927 000	41 958 000	51 142 000
Expenditure	69 109 000	67 544 000	43 613 000	48 787 000
Operating Profit	2 086 000	3 384 000	−1 655 000	2 356 000
Financial Income	4 000	83 000	7 000	53 000
Financial Costs	45 000	103 000	77 000	137 000
Financial Balance	−41 000	−20 000	−70 000	−84 000
Earnings Before Tax	2 044 000	3 364 000	−1 724 000	2 272 000
Tax	450 000	742 000	−377 000	500 000
Net Income	1 595 000	2 623 000	−1 347 000	1 772 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 192 000	4 441 000	4 649 000	4 257 000
Total Current Assets	20 495 000	24 720 000	12 523 000	14 592 000
Total Assets	23 687 000	29 161 000	17 171 000	18 849 000
Total Retained Equity	8 874 000	7 779 000	6 156 000	7 504 000
Total Equity	9 674 000	8 579 000	6 956 000	8 304 000
Total Long-Term Debt	755 000	1 293 000	626 000	2 550 000
Total Current Debt	13 258 000	19 289 000	9 589 000	7 995 000
Total Equity and Debt	23 687 000	29 161 000	17 171 000	18 849 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 988 000	70 136 000	40 821 000	50 622 000
Other Income	205 000	791 000	1 137 000	520 000
Revenue	71 193 000	70 927 000	41 958 000	51 142 000
Cost of Goods Sold	34 850 000	37 010 000	17 093 000	21 170 000
Salary Costs	16 864 000	15 924 000	13 442 000	13 453 000
Depreciation	357 000	332 000	316 000	357 000
Impairment	0	0	0	0
Expenditure	69 109 000	67 544 000	43 613 000	48 787 000
Operating Profit	2 086 000	3 384 000	−1 655 000	2 356 000
Financial Income	4 000	83 000	7 000	53 000
Financial Costs	45 000	103 000	77 000	137 000
Financial Balance	−41 000	−20 000	−70 000	−84 000
Dividends	500 000	1 000 000	0	0
Net Income	1 595 000	2 623 000	−1 347 000	1 772 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	32 000	0	0
Real Eastate	160 000	1 415 000	1 528 000	1 258 000
Machinery and Plant Facilities	224 000	262 000	242 000	191 000
Fixtures	526 000	458 000	370 000	346 000
Total Tangible Assets	910 000	2 135 000	2 139 000	1 794 000
Total Fiancial Fixed Assets	2 261 000	2 273 000	2 509 000	2 463 000
Total Fixed Assets	3 192 000	4 441 000	4 649 000	4 257 000
Stock	3 437 000	2 749 000	2 082 000	2 209 000
Total Investments	0	0	0	0
Cash, Bank	6 935 000	11 843 000	1 846 000	5 113 000
Total Current Assets	20 495 000	24 720 000	12 523 000	14 592 000
Total Assets	23 687 000	29 161 000	17 171 000	18 849 000
Total Equity	9 674 000	8 579 000	6 956 000	8 304 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	755 000	1 293 000	626 000	2 550 000
Creditors	7 401 000	13 329 000	4 513 000	4 058 000
Unpaid Taxes	1 319 000	1 707 000	1 490 000	1 347 000
Dividends	500 000	1 000 000	0	0
Other Current Debt	3 328 000	3 253 000	3 586 000	1 879 000
Total Current Debt	13 258 000	19 289 000	9 589 000	7 995 000
Total Equity and Debt	23 687 000	29 161 000	17 171 000	18 849 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,49 %	30,57 %	−19,36 %	21,34 %
Debt-to-Equity Ratio	0,08	0,15	0,09	0,31
Operating Profit Margin	2,93 %	4,77 %	−3,94 %	4,61 %
Current Ratio	1,55	1,28	1,31	1,83
Quick Ratio	2,09	1,49	1,67	2,52
Equity Ratio	0,41	0,29	0,41	0,44
Gross Profit Margin	51,05 %	47,82 %	59,26 %	58,61 %