FROGN ELEKTRO AS

1445 DRØBAK

Finances

Return on Equity

19,47 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 567 000	1 299 000	993 000	1 211 000
Net Income	59 000	−8 000	40 000	145 000
Total Assets	1 190 000	659 000	556 000	404 000
Total Equity	303 000	244 000	253 000	213 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 567 000	1 299 000	993 000	1 211 000
Expenditure	1 493 000	1 307 000	942 000	1 057 000
Operating Profit	73 000	−8 000	51 000	153 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	73 000	−8 000	51 000	153 000
Tax	14 000	0	12 000	9 000
Net Income	59 000	−8 000	40 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	50 000	50 000	50 000
Total Current Assets	1 140 000	609 000	506 000	354 000
Total Assets	1 190 000	659 000	556 000	404 000
Total Retained Equity	193 000	134 000	143 000	103 000
Total Equity	303 000	244 000	253 000	213 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	887 000	414 000	304 000	191 000
Total Equity and Debt	1 190 000	659 000	556 000	404 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 567 000	1 299 000	993 000	1 211 000
Other Income	0	0	0	0
Revenue	1 567 000	1 299 000	993 000	1 211 000
Cost of Goods Sold	520 000	395 000	257 000	487 000
Salary Costs	775 000	742 000	520 000	397 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 493 000	1 307 000	942 000	1 057 000
Operating Profit	73 000	−8 000	51 000	153 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	59 000	−8 000	40 000	145 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	50 000	50 000	50 000	50 000
Total Fixed Assets	50 000	50 000	50 000	50 000
Stock	414 000	142 000	139 000	92 000
Total Investments	0	0	0	0
Cash, Bank	169 000	206 000	313 000	169 000
Total Current Assets	1 140 000	609 000	506 000	354 000
Total Assets	1 190 000	659 000	556 000	404 000
Total Equity	303 000	244 000	253 000	213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	408 000	65 000	45 000	49 000
Unpaid Taxes	56 000	231 000	158 000	56 000
Dividends	0	0	0	0
Other Current Debt	409 000	119 000	90 000	77 000
Total Current Debt	887 000	414 000	304 000	191 000
Total Equity and Debt	1 190 000	659 000	556 000	404 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,47 %	−3,28 %	15,81 %	68,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,66 %	−0,62 %	5,14 %	12,63 %
Current Ratio	1,29	1,47	1,66	1,85
Quick Ratio	2,41	2,24	3,07	3,58
Equity Ratio	0,25	0,37	0,46	0,53
Gross Profit Margin	66,82 %	69,59 %	74,12 %	59,79 %