FROSTA BRYGGE AS

7633 FROSTA

Finances

Share Ownership

Return on Equity

23,51 %

Current Ratio

3,01

Debt-to-Equity Ratio

2,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 793 000	25 006 000	0	0
Net Income	1 672 000	4 443 000	−99 000	−57 000
Total Assets	39 394 000	42 555 000	41 377 000	20 718 000
Total Equity	7 112 000	6 402 000	1 804 000	1 903 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 793 000	25 006 000	0	0
Expenditure	13 647 000	18 881 000	117 000	58 000
Operating Profit	2 146 000	6 124 000	−117 000	−58 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	429 000	10 000	15 000
Financial Balance	−2 000	−429 000	−10 000	−14 000
Earnings Before Tax	2 145 000	5 696 000	−127 000	−73 000
Tax	472 000	1 253 000	−28 000	−16 000
Net Income	1 672 000	4 443 000	−99 000	−57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	651 000	568 000	602 000	71 000
Total Current Assets	38 743 000	41 987 000	40 775 000	20 646 000
Total Assets	39 394 000	42 555 000	41 377 000	20 718 000
Total Retained Equity	6 756 000	6 047 000	1 604 000	1 703 000
Total Equity	7 112 000	6 402 000	1 804 000	1 903 000
Total Long-Term Debt	19 394 000	31 433 000	31 538 000	17 656 000
Total Current Debt	12 888 000	4 720 000	8 035 000	1 159 000
Total Equity and Debt	39 394 000	42 555 000	41 377 000	20 718 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 793 000	25 006 000	0	0
Other Income	0	0	0	0
Revenue	15 793 000	25 006 000	0	0
Cost of Goods Sold	12 764 000	18 461 000	0	0
Salary Costs	54 000	29 000	0	0
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	13 647 000	18 881 000	117 000	58 000
Operating Profit	2 146 000	6 124 000	−117 000	−58 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	429 000	10 000	15 000
Financial Balance	−2 000	−429 000	−10 000	−14 000
Dividends	0	0	0	0
Net Income	1 672 000	4 443 000	−99 000	−57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	99 000	71 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	651 000	568 000	503 000	0
Total Tangible Assets	651 000	568 000	503 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	651 000	568 000	602 000	71 000
Stock	34 272 000	34 852 000	40 737 000	19 761 000
Total Investments	0	0	0	0
Cash, Bank	1 000	0	0	885 000
Total Current Assets	38 743 000	41 987 000	40 775 000	20 646 000
Total Assets	39 394 000	42 555 000	41 377 000	20 718 000
Total Equity	7 112 000	6 402 000	1 804 000	1 903 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 394 000	31 433 000	31 538 000	17 656 000
Creditors	4 052 000	144 000	3 150 000	1 159 000
Unpaid Taxes	3 000	2 000	0	0
Dividends	0	0	0	0
Other Current Debt	141 000	354 000	0	0
Total Current Debt	12 888 000	4 720 000	8 035 000	1 159 000
Total Equity and Debt	39 394 000	42 555 000	41 377 000	20 718 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,51 %	69,4 %	−5,49 %	−3 %
Debt-to-Equity Ratio	2,73	4,91	17,48	9,28
Operating Profit Margin	13,59 %	24,49 %	-	-
Current Ratio	3,01	8,9	5,07	17,81
Quick Ratio	−1,81	−1,39	−1,25	−1,11
Equity Ratio	0,18	0,15	0,04	0,09
Gross Profit Margin	19,18 %	26,17 %	-	-