FROAN AS

7285 GJÆSINGEN

Finances

Share Ownership

Return on Equity

65,21 %

Current Ratio

1,5

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 005 000	3 200 000	622 000	617 000
Net Income	2 873 000	800 000	202 000	71 000
Total Assets	20 674 000	22 357 000	12 450 000	7 411 000
Total Equity	4 406 000	1 534 000	734 000	532 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 005 000	3 200 000	622 000	617 000
Expenditure	18 166 000	2 148 000	321 000	526 000
Operating Profit	3 838 000	1 051 000	301 000	91 000
Financial Income	2 000	0	0	0
Financial Costs	157 000	26 000	43 000	0
Financial Balance	−155 000	−26 000	−43 000	0
Earnings Before Tax	3 683 000	1 026 000	259 000	91 000
Tax	810 000	226 000	57 000	20 000
Net Income	2 873 000	800 000	202 000	71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 849 000	3 849 000	3 849 000	3 849 000
Total Current Assets	16 826 000	18 508 000	8 602 000	3 562 000
Total Assets	20 674 000	22 357 000	12 450 000	7 411 000
Total Retained Equity	4 306 000	1 434 000	634 000	432 000
Total Equity	4 406 000	1 534 000	734 000	532 000
Total Long-Term Debt	5 078 000	4 382 000	0	0
Total Current Debt	11 190 000	16 442 000	11 716 000	6 878 000
Total Equity and Debt	20 674 000	22 357 000	12 450 000	7 411 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 005 000	3 016 000	622 000	617 000
Other Income	0	184 000	0	0
Revenue	22 005 000	3 200 000	622 000	617 000
Cost of Goods Sold	10 529 000	40 000	0	0
Salary Costs	6 442 000	1 828 000	188 000	305 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	18 166 000	2 148 000	321 000	526 000
Operating Profit	3 838 000	1 051 000	301 000	91 000
Financial Income	2 000	0	0	0
Financial Costs	157 000	26 000	43 000	0
Financial Balance	−155 000	−26 000	−43 000	0
Dividends	0	0	0	0
Net Income	2 873 000	800 000	202 000	71 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 849 000	3 849 000	3 849 000	3 849 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 849 000	3 849 000	3 849 000	3 849 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 849 000	3 849 000	3 849 000	3 849 000
Stock	0	6 866 000	3 958 000	49 000
Total Investments	0	0	0	0
Cash, Bank	−273 000	39 000	194 000	25 000
Total Current Assets	16 826 000	18 508 000	8 602 000	3 562 000
Total Assets	20 674 000	22 357 000	12 450 000	7 411 000
Total Equity	4 406 000	1 534 000	734 000	532 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 078 000	4 382 000	0	0
Creditors	7 280 000	5 971 000	1 446 000	46 000
Unpaid Taxes	1 030 000	1 017 000	437 000	35 000
Dividends	0	0	0	0
Other Current Debt	2 056 000	9 228 000	9 775 000	6 777 000
Total Current Debt	11 190 000	16 442 000	11 716 000	6 878 000
Total Equity and Debt	20 674 000	22 357 000	12 450 000	7 411 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,21 %	52,15 %	27,52 %	13,35 %
Debt-to-Equity Ratio	1,15	2,86	0	0
Operating Profit Margin	17,44 %	32,84 %	48,39 %	14,75 %
Current Ratio	1,5	1,13	0,73	0,52
Quick Ratio	1,5	1,93	1,11	0,52
Equity Ratio	0,21	0,07	0,06	0,07
Gross Profit Margin	52,15 %	98,75 %	100 %	100 %