FRIGAARD PROPERTY GROUP AS

1724 SARPSBORG

Finances

Return on Equity

10,23 %

Current Ratio

1,39

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 500 744 000	1 583 271 000	1 266 677 000	1 042 768 000
Net Income	28 168 000	−5 135 000	58 277 000	17 179 000
Total Assets	1 439 477 000	1 105 525 000	1 122 226 000	949 470 000
Total Equity	275 216 000	247 050 000	322 013 000	263 730 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 500 744 000	1 583 271 000	1 266 677 000	1 042 768 000
Expenditure	1 447 075 000	1 570 048 000	1 182 082 000	997 503 000
Operating Profit	53 669 000	13 223 000	84 595 000	45 265 000
Financial Income	763 000	3 524 000	998 000	8 571 000
Financial Costs	17 265 000	22 079 000	20 970 000	30 060 000
Financial Balance	−16 502 000	−18 555 000	−19 972 000	−21 489 000
Earnings Before Tax	37 167 000	−5 332 000	64 623 000	23 776 000
Tax	8 999 000	−197 000	6 346 000	6 597 000
Net Income	28 168 000	−5 135 000	58 277 000	17 179 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	305 777 000	304 959 000	318 762 000	312 481 000
Total Current Assets	1 133 700 000	800 566 000	803 464 000	636 989 000
Total Assets	1 439 477 000	1 105 525 000	1 122 226 000	949 470 000
Total Retained Equity	107 353 000	79 187 000	105 081 000	46 798 000
Total Equity	275 216 000	247 050 000	322 013 000	263 730 000
Total Long-Term Debt	349 696 000	415 365 000	193 488 000	432 600 000
Total Current Debt	814 565 000	443 110 000	606 725 000	253 140 000
Total Equity and Debt	1 439 477 000	1 105 525 000	1 122 226 000	949 470 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 495 828 000	1 582 319 000	1 219 078 000	1 032 449 000
Other Income	4 916 000	952 000	47 599 000	10 319 000
Revenue	1 500 744 000	1 583 271 000	1 266 677 000	1 042 768 000
Cost of Goods Sold	1 238 980 000	1 400 545 000	1 020 327 000	833 287 000
Salary Costs	155 425 000	133 558 000	129 789 000	110 487 000
Depreciation	8 462 000	8 022 000	7 507 000	6 729 000
Impairment	0	0	0	0
Expenditure	1 447 075 000	1 570 048 000	1 182 082 000	997 503 000
Operating Profit	53 669 000	13 223 000	84 595 000	45 265 000
Financial Income	763 000	3 524 000	998 000	8 571 000
Financial Costs	17 265 000	22 079 000	20 970 000	30 060 000
Financial Balance	−16 502 000	−18 555 000	−19 972 000	−21 489 000
Dividends	0	0	0	0
Net Income	28 168 000	−5 135 000	58 277 000	17 179 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	284 019 000	284 019 000	284 019 000	284 019 000
Total Intangible Assets	284 263 000	284 146 000	284 352 000	303 664 000
Real Eastate	3 275 000	3 798 000	4 342 000	4 827 000
Machinery and Plant Facilities	4 713 000	4 439 000	4 057 000	3 888 000
Fixtures	9 776 000	12 576 000	16 687 000	0
Total Tangible Assets	17 764 000	20 813 000	25 086 000	8 715 000
Total Fiancial Fixed Assets	3 750 000	0	9 324 000	102 000
Total Fixed Assets	305 777 000	304 959 000	318 762 000	312 481 000
Stock	661 653 000	334 759 000	327 694 000	278 288 000
Total Investments	0	0	0	0
Cash, Bank	237 750 000	209 168 000	258 756 000	176 410 000
Total Current Assets	1 133 700 000	800 566 000	803 464 000	636 989 000
Total Assets	1 439 477 000	1 105 525 000	1 122 226 000	949 470 000
Total Equity	275 216 000	247 050 000	322 013 000	263 730 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	349 696 000	415 365 000	193 488 000	432 600 000
Creditors	197 989 000	222 243 000	136 989 000	120 470 000
Unpaid Taxes	30 854 000	10 270 000	23 186 000	9 184 000
Dividends	0	0	0	0
Other Current Debt	268 444 000	210 597 000	147 985 000	118 408 000
Total Current Debt	814 565 000	443 110 000	606 725 000	253 140 000
Total Equity and Debt	1 439 477 000	1 105 525 000	1 122 226 000	949 470 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,23 %	−2,08 %	18,1 %	6,51 %
Debt-to-Equity Ratio	1,27	1,68	0,6	1,64
Operating Profit Margin	3,58 %	0,84 %	6,68 %	4,34 %
Current Ratio	1,39	1,81	1,32	2,52
Quick Ratio	7,41	7,39	2,88	−25,33
Equity Ratio	0,19	0,22	0,29	0,28
Gross Profit Margin	17,44 %	11,54 %	19,45 %	20,09 %