FREDRIKSTAD BILSERVICE AS

1605 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

18,56 %

Current Ratio

2,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 877 000	3 332 000	3 090 000	2 618 000
Net Income	113 000	200 000	226 000	129 000
Total Assets	947 000	842 000	583 000	400 000
Total Equity	609 000	496 000	296 000	191 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 877 000	3 332 000	3 090 000	2 618 000
Expenditure	2 733 000	3 076 000	2 801 000	2 445 000
Operating Profit	143 000	256 000	290 000	173 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Earnings Before Tax	143 000	256 000	289 000	172 000
Tax	30 000	56 000	64 000	42 000
Net Income	113 000	200 000	226 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 000	53 000	21 000	0
Total Current Assets	848 000	789 000	562 000	400 000
Total Assets	947 000	842 000	583 000	400 000
Total Retained Equity	579 000	466 000	266 000	161 000
Total Equity	609 000	496 000	296 000	191 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	338 000	346 000	287 000	210 000
Total Equity and Debt	947 000	842 000	583 000	400 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 872 000	3 332 000	3 090 000	2 618 000
Other Income	5 000	0	0	0
Revenue	2 877 000	3 332 000	3 090 000	2 618 000
Cost of Goods Sold	672 000	919 000	900 000	844 000
Salary Costs	1 293 000	1 529 000	1 238 000	999 000
Depreciation	21 000	13 000	2 000	1 000
Impairment	0	0	0	0
Expenditure	2 733 000	3 076 000	2 801 000	2 445 000
Operating Profit	143 000	256 000	290 000	173 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Dividends	0	0	120 000	0
Net Income	113 000	200 000	226 000	129 000

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	96 000	50 000	18 000	0
Total Tangible Assets	96 000	50 000	18 000	0
Total Fiancial Fixed Assets	3 000	3 000	3 000	0
Total Fixed Assets	99 000	53 000	21 000	0
Stock	0	52 000	100 000	50 000
Total Investments	0	0	0	0
Cash, Bank	791 000	730 000	453 000	293 000
Total Current Assets	848 000	789 000	562 000	400 000
Total Assets	947 000	842 000	583 000	400 000
Total Equity	609 000	496 000	296 000	191 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	81 000	8 000	5 000	0
Unpaid Taxes	122 000	157 000	120 000	82 000
Dividends	0	0	120 000	0
Other Current Debt	104 000	125 000	99 000	86 000
Total Current Debt	338 000	346 000	287 000	210 000
Total Equity and Debt	947 000	842 000	583 000	400 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,56 %	40,32 %	76,35 %	67,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,97 %	7,68 %	9,39 %	6,61 %
Current Ratio	2,51	2,28	1,96	1,9
Quick Ratio	2,51	2,68	3,01	2,5
Equity Ratio	0,64	0,59	0,51	0,48
Gross Profit Margin	76,64 %	72,42 %	70,87 %	67,76 %