FRAGOLA AS

7013 TRONDHEIM

Finances

Share Ownership

Return on Equity

955 %

Current Ratio

0,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 848 000	2 051 000	2 068 000	2 590 000
Net Income	2 674 000	1 222 000	1 531 000	2 015 000
Total Assets	4 044 000	3 796 000	3 931 000	2 952 000
Total Equity	280 000	280 000	280 000	280 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 848 000	2 051 000	2 068 000	2 590 000
Expenditure	384 000	422 000	118 000	46 000
Operating Profit	3 464 000	1 629 000	1 950 000	2 544 000
Financial Income	0	0	13 000	40 000
Financial Costs	36 000	63 000	0	0
Financial Balance	−36 000	−63 000	13 000	40 000
Earnings Before Tax	3 428 000	1 566 000	1 962 000	2 583 000
Tax	754 000	345 000	432 000	568 000
Net Income	2 674 000	1 222 000	1 531 000	2 015 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 204 000	3 568 000	3 931 000	20 000
Total Current Assets	840 000	228 000	0	2 932 000
Total Assets	4 044 000	3 796 000	3 931 000	2 952 000
Total Retained Equity	10 000	10 000	10 000	10 000
Total Equity	280 000	280 000	280 000	280 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 764 000	3 516 000	3 651 000	2 672 000
Total Equity and Debt	4 044 000	3 796 000	3 931 000	2 952 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 848 000	2 051 000	2 068 000	2 590 000
Revenue	3 848 000	2 051 000	2 068 000	2 590 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	364 000	364 000	89 000	0
Impairment	0	0	0	0
Expenditure	384 000	422 000	118 000	46 000
Operating Profit	3 464 000	1 629 000	1 950 000	2 544 000
Financial Income	0	0	13 000	40 000
Financial Costs	36 000	63 000	0	0
Financial Balance	−36 000	−63 000	13 000	40 000
Dividends	0	0	0	0
Net Income	2 674 000	1 222 000	1 531 000	2 015 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 184 000	3 548 000	3 911 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	20 000	20 000	20 000
Total Tangible Assets	20 000	20 000	20 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 204 000	3 568 000	3 931 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	840 000	228 000	0	2 932 000
Total Assets	4 044 000	3 796 000	3 931 000	2 952 000
Total Equity	280 000	280 000	280 000	280 000
Short-Term Group Debt	3 603 000	3 410 000	3 616 000	2 583 000
Total Long-Term Debt	0	0	0	0
Creditors	2 000	10 000	6 000	7 000
Unpaid Taxes	159 000	95 000	29 000	82 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	3 764 000	3 516 000	3 651 000	2 672 000
Total Equity and Debt	4 044 000	3 796 000	3 931 000	2 952 000

Financial indicators	2022	2021	2020	2019
Return on Equity	955 %	436,43 %	546,79 %	719,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	90,02 %	79,42 %	94,29 %	98,22 %
Current Ratio	0,22	0,06	0	1,1
Quick Ratio	0,22	0,06	0	1,1
Equity Ratio	0,07	0,07	0,07	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %