FRØLAND TRANSPORT AS

4029 STAVANGER

Finances

Share Ownership

Return on Equity

−460 %

Current Ratio

0,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	238 000	0
Net Income	−46 000	−49 000	195 000	−160 000
Total Assets	191 000	235 000	383 000	235 000
Total Equity	10 000	57 000	106 000	−89 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	238 000	0
Expenditure	45 000	49 000	42 000	154 000
Operating Profit	−45 000	−49 000	197 000	−154 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	1 000	2 000	5 000
Financial Balance	−1 000	−1 000	−2 000	−5 000
Earnings Before Tax	−46 000	−49 000	195 000	−160 000
Tax	0	0	0	0
Net Income	−46 000	−49 000	195 000	−160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	56 000	85 000	125 000
Total Current Assets	164 000	179 000	298 000	110 000
Total Assets	191 000	235 000	383 000	235 000
Total Retained Equity	−90 000	−43 000	6 000	−189 000
Total Equity	10 000	57 000	106 000	−89 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	181 000	178 000	277 000	324 000
Total Equity and Debt	191 000	235 000	383 000	235 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	238 000	0
Revenue	0	0	238 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	−2 000	20 000
Depreciation	29 000	29 000	29 000	36 000
Impairment	0	0	0	0
Expenditure	45 000	49 000	42 000	154 000
Operating Profit	−45 000	−49 000	197 000	−154 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	1 000	2 000	5 000
Financial Balance	−1 000	−1 000	−2 000	−5 000
Dividends	0	0	0	0
Net Income	−46 000	−49 000	195 000	−160 000

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	27 000	56 000	85 000	125 000
Fixtures	0	0	0	0
Total Tangible Assets	27 000	56 000	85 000	125 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	56 000	85 000	125 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	164 000	179 000	298 000	110 000
Total Current Assets	164 000	179 000	298 000	110 000
Total Assets	191 000	235 000	383 000	235 000
Total Equity	10 000	57 000	106 000	−89 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	0	0
Unpaid Taxes	0	0	0	−2 000
Dividends	0	0	0	0
Other Current Debt	180 000	178 000	277 000	326 000
Total Current Debt	181 000	178 000	277 000	324 000
Total Equity and Debt	191 000	235 000	383 000	235 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−460 %	−85,96 %	183,96 %	179,78 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	-	-	82,77 %	-
Current Ratio	0,91	1,01	1,08	0,34
Quick Ratio	0,91	1,01	1,08	0,34
Equity Ratio	0,05	0,24	0,28	−0,38
Gross Profit Margin	-	-	100 %	-