FROGNER EVENT AS

1920 SØRUMSAND

Finances

Share Ownership

Return on Equity

39,46 %

Current Ratio

1,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 087 000	857 000	1 852 000	4 019 000
Net Income	219 000	195 000	101 000	927 000
Total Assets	1 154 000	968 000	421 000	2 472 000
Total Equity	555 000	336 000	141 000	1 010 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 087 000	857 000	1 852 000	4 019 000
Expenditure	810 000	586 000	1 710 000	2 790 000
Operating Profit	277 000	271 000	143 000	1 228 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	12 000	34 000
Financial Balance	0	0	−12 000	−33 000
Earnings Before Tax	277 000	271 000	131 000	1 194 000
Tax	58 000	76 000	30 000	267 000
Net Income	219 000	195 000	101 000	927 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	6 000	106 000	206 000
Total Current Assets	1 154 000	962 000	315 000	2 266 000
Total Assets	1 154 000	968 000	421 000	2 472 000
Total Retained Equity	525 000	306 000	111 000	980 000
Total Equity	555 000	336 000	141 000	1 010 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	598 000	631 000	279 000	1 462 000
Total Equity and Debt	1 154 000	968 000	421 000	2 472 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 087 000	857 000	1 852 000	4 019 000
Other Income	0	0	0	0
Revenue	1 087 000	857 000	1 852 000	4 019 000
Cost of Goods Sold	14 000	54 000	277 000	434 000
Salary Costs	627 000	309 000	905 000	1 679 000
Depreciation	6 000	100 000	100 000	100 000
Impairment	0	0	0	0
Expenditure	810 000	586 000	1 710 000	2 790 000
Operating Profit	277 000	271 000	143 000	1 228 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	12 000	34 000
Financial Balance	0	0	−12 000	−33 000
Dividends	0	0	0	0
Net Income	219 000	195 000	101 000	927 000

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	6 000	106 000	206 000
Total Tangible Assets	0	6 000	106 000	206 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	6 000	106 000	206 000
Stock	71 000	29 000	30 000	83 000
Total Investments	0	0	0	0
Cash, Bank	1 034 000	892 000	153 000	2 051 000
Total Current Assets	1 154 000	962 000	315 000	2 266 000
Total Assets	1 154 000	968 000	421 000	2 472 000
Total Equity	555 000	336 000	141 000	1 010 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	33 000	7 000	0	150 000
Unpaid Taxes	282 000	272 000	10 000	566 000
Dividends	0	0	0	0
Other Current Debt	226 000	277 000	240 000	474 000
Total Current Debt	598 000	631 000	279 000	1 462 000
Total Equity and Debt	1 154 000	968 000	421 000	2 472 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,46 %	58,04 %	71,63 %	91,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,48 %	31,62 %	7,72 %	30,55 %
Current Ratio	1,93	1,52	1,13	1,55
Quick Ratio	2,19	1,6	1,27	1,64
Equity Ratio	0,48	0,35	0,33	0,41
Gross Profit Margin	98,71 %	93,7 %	85,04 %	89,2 %